Tag: Blockchain

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Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs

February 7, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs  Read more »Sign up…
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‘Multichain future is very clear’ — MetaMask to support all tokens via Snaps

February 7, 2023

MetaMask eyes a multichain-friendly future with the ongoing development of Snaps allowing future blockchain integrations and extensions to its browser-based service. MetaMask Snaps aims to facilitate a “multichain future,” allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy. Details of the latest in-development addition to MetaMask’s growing ecosystem were…
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More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain

February 6, 2023

Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already served to bring more than 7,000 inscriptions directly to the Bitcoin chain, with some collections already present. Ordinals…
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What are decentralized social networks?

February 6, 2023

Explaining Web3 social networks — their benefits, challenges and how they work. The future of decentralized social media Traditional Web2 social media platforms are plagued by fundamental problems such as censorship, lack of users’ privacy and demonetization. Decentralization is a potential solution. Many of Web2’s major social media are already looking for a way out…
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Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets

February 6, 2023

Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start operating in Mexico, where Azimut has significant presence and operations. Capitual Gets €15…
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NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements

February 5, 2023

Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales last week with $188.51 million…
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Binance to Support Georgia’s Crypto Industry Through Blockchain Education

February 5, 2023

Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian Tech Agency to Jointly Develop Country’s Crypto Economy The world’s largest cryptocurrency…
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Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened

February 5, 2023

The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since…
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Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain

February 4, 2023

During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain. Ordinal Inscriptions on Bitcoin Blockchain Spark Debate Among Crypto Community The controversial NFT concept…
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The IBM–Maersk blockchain effort was doomed to fail from the start

February 4, 2023

Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform. Blockchain projects continue to experience failure rates in excess of 90%, and it seems that with every passing moment, more and more “successful” companies add their underperforming blockchain project to the graveyard. One…
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