The outlook for Bitcoin (BTC) development is generally positive, and although funding and training incentives “could improve,” funding is “far more distributed than it has been in the past,” per a new report. The report, compiled by BitMEX, confirmed many of the findings of Cryptonews.com’s own investigations into who funds Bitcoin development in January this…
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Microsoft, via its subsidiary Microsoft Technology Licensing (MTL), has made a bold crypto move by securing a patent for a mining system that uses human body activity as proof-of-work in the creation of crypto tokens. The patent was granted by the World Intellectual Property Organization (WIPO) on March 26, roughly nine months after the tech…
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Tron’s founder Justin Sun unveiled a new collateralized lending platform meant to bring DeFi to TRX, though it appears to be an exact clone of MakerDAO. On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The platform was immediately…
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Jack Dorsey, CEO of Twitter and Square, is campaigning for government to use Cash App and other payment platforms to distribute U.S. stimulus package. The founder and CEO of Square Inc, Jack Dorsey, believes that his company’s crypto-friendly payments application Cash App can distribute America’s stimulus package more efficiently than the U.S. government. On March…
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DeversiFi begins aggressive deflationary model by burning $20 million of its NEC token to drive decentralized exchange adoption following recent crypto sell-off. DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, has burned $20 million worth of its governance and utility token, Nectar (NEC). According to a statement, March 30, this is…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news Hardware maker Bitmain says that newer mining rigs could be used for longer than previous devices due to a forthcoming market turnaround. Per media outlet 8btc, Bitmain chief Jihan…
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Climate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario. JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report…
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Anyone holding bitcoin would have watched the market with alarm in recent weeks. The virtual currency, whose price other cryptocurrencies like ethereum and litecoin largely follow, plummeted from more than USD 10,000 in mid-February to briefly below USD 4,000 on March 13. Despite recovering to the mid-USD 6,000s at the time of writing, some doomsayers…
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Danxia landform, Zhangye City, Gansu Province, China. The Northwestern Chinese province of Gansu says that all of its cities are now covered by its Blockchain Service Network (BSN) service platform. Per a report from the Chinese Communist Party’s official newspaper the People’s Daily, Gansu first unveiled the BSN in May 2019. The provincial government initially…
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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Binance Listings: STP Network (STPT) Delistings: FTX Read more »Pay, Trade, Buy Bitcoin…
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