PRESS RELEASE. As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle’s opinions on off-chain computing are therefore worth discussing in key detail. What is it exactly? Since smart contracts are unable to access external…
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Tesla billionaire Elon Musk has offered to purchase Twitter for $41.4 billion, according to a Securities and Exchange Commission (SEC) filing published on Thursday. Musk also explained in his note that he believes Twitter should be a private company and he decided he wants “to acquire the company and take it private.” Elon Musk Offers…
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Energy consumption of Proof-of-Work (PoW) cryptoassets has once again become a hot topic as companies start ditching cryptos that use this energy-intensive mechanism for validating transactions and creating new tokens. Last week, Mozilla, the company behind the Firefox browser, shared an update regarding its crypto donation policy following its “discussion about cryptocurrency’s environmental impact”…
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As today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security. The world’s energy market is rapidly evolving, moving from hydrocarbon plants to a future centered around clean energy enabled by wind and solar power. As such, today’s energy market is shifting to an increasingly…
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Users can get their cashback reward in over 60 different cryptocurrencies supported by Gemini. Gemini, a major cryptocurrency exchange founded by the Winklevoss twins, has launched its crypto credit card. The company officially announced Thursday that its Gemini Credit Card is available in the United States across all 50 states. The new card is issued…
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Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes. An executive at Russia’s Chamber of Commerce and Industry has called on the government to conduct cross-border settlements in cryptocurrencies and central bank digital currencies (CBDC). Chamber president Sergei Katyrin sent a letter…
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Ethereum co-founder Vitalik Buterin has been granted Montenegrin citizenship. Buterin joins other members of the crypto community with global experience who have been invited to help the small Southeast European nation attract investments and develop its blockchain sector. Vitalik Buterin Obtains Montenegrin Passport Prominent crypto figure Vitalik Buterin is now a citizen of Montenegro, the…
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The innovative crypto space keeps producing novel ways to merge with different industries and engage more people with cryptoassets, this time crossing the boundaries between gaming, crypto, mining, and earning. Gaming fintech ZEBEDEE and UK mobile gaming studio Fumb Games have joined forces to release Bitcoin Miner, a game that provides players with real…
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Tesla CEO Elon Musk has reportedly offered to buy 100% of Twitter at a price of USD 54.20 per share, after taking a stake of 9.2% earlier this month. Musk’s offer would value Twitter at close to USD 43.4bn, up from a current market capitalization of USD 36.7bn. It would also mean that the…
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Line, Japan’s number one super app has launched its own NFT marketplace, adding to its list of crypto-ready features. Japan’s largest social media app, Line has officially launched its own non-fungible token (NFT) marketplace called LINE NFT. Partnering with Yoshimoto Kogyo, a major Japanese entertainment conglomerate — the LVC Corporation, Line’s crypto and blockchain manager…
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