Bitcoin’s brief period of consolidation has opened a path for select altcoins to rally higher. Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have led to the liquidation of about…
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Tezos, Synthetix and Yearn finance are the most recent top performers in what appears to be a DeFi sector revival. The strength of Bitcoin’s (BTC) uptrend appears to be growing as the top-ranked digital asset soared above $40,000 earlier today. It’s probably safe to say that many investors are completely astounded by the fact that BTC…
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Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. Top-20 crypto asset by market cap Tezos (XTZ) has successfully completed its latest upgrade, “Delphi,” which aims to reduce smart contract gas fees by 75% to attract decentralized finance (DeFi) developers to build on top…
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The town of Wetzikon will be using blockchain tech for targeted local business aid On Friday the Swiss town of Wetzikon — formerly best-known for its idyllic pastures and churches — launched a blockchain-based program to support small and medium-sized local businesses affected by the Coronavirus pandemic. Valued at 250,000 Swiss francs ($280,000), the initial…
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Six law firms are fighting over how to distribute $8.3M in attorney’s fees from the Tezos’ $25M class action settlement. Negotiations between six legal firms over $8.3 million in attorney’s fees awarded from Tezos’ $25 million class-action settlement has descended into “unseemly mudslinging,” according to lawyers representing Block & Leviton LLP (B&L) and Hagens Berman…
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The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days. Over the weekend hackers stole about $150 million in user funds from a number of hot wallets at KuCoin exchange. Previous instances of hacking usually have a negative impact on crypto prices but as the news…
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Global developers can now start building projects on top of Tezos through China’s BSN. China’s government-backed blockchain project, the Blockchain Service Network, has announced the integration of the Tezos blockchain onto its international portal. According to an official announcement on Sept. 24, Tezos has been selected as the “one of the first batch of blockchains”…
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Tech billionaire, Tim Draper, has revealed he owns a myriad of altcoins in addition to his 30,000 BTC. Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets. …
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After three long years, the class-action lawsuit alleging that Tezos violated securities laws through its 2017 ICO has concluded. The three-year-long class-action lawsuit targeting Tezos (XTZ) has come to a conclusion after Judge Seeborg approved Tezos’ $25 million settlement on Aug. 28. According to the judgment, the funds will be distributed among “all persons and…
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Delegated price feed oracles are coming to the Tezos ecosystem. Popular staking platform Tezos has taken a step closer to decentralized finance with the integration of Harbinger price oracles. Harbinger is a project that delivers signed price feeds based on real time market data from multiple exchanges. The on-chain data will be fed directly to…
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