Category: Technology

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Chinese Schools Can’t Keep Up With Demand for Blockchain

The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists. As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs. The head of the Digital Economy Development Research Center at…
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Nigerian Crypto Activity Has Been On the Rise Since April

Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months. Nigeria, the biggest source of Bitcoin (BTC) trading volume in Africa, is apparently one of the fastest-growing crypto markets in the world, according to a new report. According to a new study by major crypto wallet Blockchain.com, Nigeria…
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Ethereum 2.0 Devs Discuss Medalla Issues as Network Stabilizes

After the somewhat imperfect launch of the Medalla Eth 2.0 testnet, developers discuss what initially went wrong. Following the successful but imperfect launch of the Medalla testnet, the first community testnet for Ethereum 2.0, developers spoke on the issues and needed improvements highlighted by the event. In an Eth 2.0 Dev call held on Aug.…
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OKCoin’s Fourth Developer Grant Recipient Brings Total Grants to Over $500K

OKCoin developer grants total over $500,000 with the latest grant going to Bitcoin’s most active contributor since 2017. Crypto exchange OKCoin has continued to support Bitcoin (BTC) Core developers with a fourth grant being awarded to Bitcoin’s most active contributor since 2017, Marco Falke for an undisclosed six-figure sum.  This grant brings the total amount…
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China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan

State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan. A group of state-run commercial banks in China are reportedly conducting a large-scale internal testing of a digital wallet designed for China’s national digital currency, the digital yuan. According to an Aug. 5 report by Reuters, the banks are…
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Blockchain Salaries in China Are Exploding in Value As The Industry Expands

Chinese recruiting platforms revealed a significant rise in wages paid for blockchain-related job roles in the country. The latest figures from Chinese recruiting platforms show that blockchain-related salaries are on the rise across China. This is likely due to high demand for specialists in the sector. According to Chainnews, quoting statistics from Zhaopin, “hundreds” of…
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Ransomware Gang Steals 10TB of Pics and Data From Canon

The Maze ransomware group appears to be behind a recent cyberattack launched against Canon. Multinational corporation Canon reportedly fell victim to a ransomware attack launched by Maze group against its email and storage services and it’s U.S. website on July 30th. Maze has threatened to leak the pics and data if a crypto ransom is…
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Bitcoin Will Break $400K in Long-Term, Morgan Creek’s Pomp Predicts

Bitcoin will eventually capture more of the market than gold, Morgan Creek’s Anthony Pompliano predicts. Amid the ongoing bull market, a major Bitcoin (BTC) advocate has delivered another promising price prediction for the largest cryptocurrency. Anthony “Pomp” Pompliano, co-founder of Morgan Creek Digital, believes that Bitcoin will continue to grow in the long-term to break…
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Ethereum Transaction Fees Fall by 75% as Congestion Eases

Ethereum gas fees appear to be finally going down as activity levels fall from the highs of July. The cost of sending a transaction on Ethereum plummeted today as congestion appears to be finally clearing.  According to EthGasStation, the average gas fee on Wednesday is between 30 and 40 Gwei, with a notable 6 Gwei…
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Do You Know The Most Valuable Blockchain Companies?

Ripple ranks the highest amongst companies in the Blockchain sector according to the latest annual ranking from Hurun. Research firm Hurun published a list of global unicorns, or companies worth more than a billion dollars, in 2020. This ranking features all billion-dollar tech startups founded in the 21st century that are not listed yet listed…
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