A report by Boston Consulting Group (BCG) showed that 0.3% of individual wealth is invested in crypto while 25% is in equities. It’s a very common sentiment for people outside of the crypto community to look at Bitcoin (BTC) prices and make a conclusion that it’s too late to get into crypto. However, a report…
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On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22.
It’s Now 11.39% Easier to…
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Xiaomi, one of the biggest mobile phone and tech companies in the world, has introduced a patent that implements blockchain technology for the creation of its own virtual characters. The patent, introduced in China, mentions that the creation of these characters will be randomized thanks to the introduction of a gene sequence, responsible for determining…
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A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using blockchain include reduced costs and time as well as improved data integration.
End-to-End Digital Traceability…
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The South Korean prosecution service’s recent raid of 15 locations as part of the probe into the “Terra (LUNAC) incident” saw officers search the home of the Terraform Labs co-founder Daniel Shin. Prosecutors are widely reported to be looking at evidence pertaining to figures at the top of the Terraform tree. Officers are now reportedly investigating allegations…
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After extending its correction below USD 23,000, bitcoin managed to stay above the USD 22,500 support and moved higher again. It is currently (03:50 UTC) trading near USD 22,950 and is up almost 1% in a day and 12% in a week. Similarly, most major altcoins are showing signs of a fresh increase. ETH climbed…
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Former-LUNAtic Mike Novogratz has told crypto investors that the insane returns seen in the crypto space are simply unsustainable. Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has warned that making more than 200X returns on crypto investments is simply “not normal.” Speaking at the Christie’s Art + Tech Summit in…
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Zelis CTO Kali Durgampudi has called on health care providers to utilize blockchain tech to protect customer data and stave off attacks from cybercriminals. Kali Durgampudi, the CTO of healthcare payments company Zelis, believes that the implementation of blockchain tech is vital for protecting patients’ sensitive data from cybercriminals. Speaking with Health IT News on…
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Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022, and shared how it is managing liquidity and credit risk. Centralized crypto lender BlockFi disclosed that as of the end of Q2, it had $1.8 billion in outstanding loans from institutional and retail investors…
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Tegan Kline said that the bear market is a “builder’s paradise” because there is less noise and teams can focus on laying down foundations. There are many more things that can be built within the blockchain space, and the good news is that members of the community know what they are, said Tegan Kline, the…
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