Chrysalis is barely a week away from going live. The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week. According to a tweet published by the IOTA Foundation, the upgrade will allow the network to process 1,000 transactions per second, and will…
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Open Price Feed could be a big step forward for Compound. The Compound protocol is set to introduce Open Price Feed — a decentralized oracle whose crypto market prices will allow the project’s lending system to function. The Open Price Feed is currently being tested on a variety of networks. It has operated for almost…
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Russia may soon have a Blockchain-powered railway if Sergey Vinogradov gets his way. An advisor to Russian Railways, the country’s national rail operator, praised the rise of blockchain technology and hinted that it could be implemented as part of the country’s rail network. According to Vgudok, Sergey Vinogradov, the general director of the Scientific Research…
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Bitcoin’s hash rate seems to be feeling the consequences of the drama at Bitmain. Bitcoin (BTC) mining activity doesn’t seem to be reacting to the recent price rally that took the asset from approximately $9,000 in early July to almost $12,000 at time of publication. According to data from Coinmetrics, hashrate spiked around July 7…
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HempCoin Founder and CEO, Tim Renzetti, tells Cointelegraph about the token’s journey so far and plans for the future. HempCoin (THC), one of the first 30 cryptocurrencies ever created, has been relisted by cryptocurrency exchange Bittrex. Before being delisted in 2019, HempCoin was a top-100 token on CoinMarketCap, trading over $10 million a day. HempCoin…
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Crypto analytics startup ICO Analytics reveals the fastest growing crypto exchanges and DeFi protocols in terms of web traffic. Global crypto exchanges have reportedly seen a significant increase in web traffic in July as cryptocurrency prices gained momentum. According to data from crypto analytics startup ICO Analytics, web traffic on global crypto exchanges increased by…
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China’s first government-backed blockchain initiative has just launched an official international website. China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website. Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project. Integration with six permissionless blockchains He Yifan, CEO…
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Coincurve’s Rod Hsu says facial recognition can stamp out social media Bitcoin scams. Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co-founder of virtual currency platform Coincurve. During an interview with Cointelegraph, Hsu said Bitcoin is an electronic form of currency that…
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Strategies from the world of traditional finance could offer promise for miners who want to lower the risk associated with holding inventory. To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in. But the reality is a…
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Dr. Stallman spent most of his time advocating for free software, but nowadays, he has been adopting a critical stance on cryptocurrencies. Dr. Richard Stallman is well-known for his free software movement activism. His speeches and work revolve around a term: freedom. And it is precisely that word that prompted Stallman to launch the GNU…
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