Chrysalis is barely a week away from going live. The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week. According to a tweet published by the IOTA Foundation, the upgrade will allow the network to process 1,000 transactions per second, and will…
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The USDA’s Agricultural Marketing Service is proposing the department utilize DLT to trace the supply chain of organic products. The U.S. Department of Agriculture has proposed amending its rules on organic products to include implementing blockchain technology to trace its supply chain. According to an Aug. 5 report from the U.S. Department of Agriculture (USDA)…
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Russia may soon have a Blockchain-powered railway if Sergey Vinogradov gets his way. An advisor to Russian Railways, the country’s national rail operator, praised the rise of blockchain technology and hinted that it could be implemented as part of the country’s rail network. According to Vgudok, Sergey Vinogradov, the general director of the Scientific Research…
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Binance’s debit card process makes it a more of a centralized bank-like institution than the decentralized tech dreamed by Bitcoin’s creator. Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community of enthusiasts and an entire industry…
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China’s first government-backed blockchain initiative has just launched an official international website. China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website. Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project. Integration with six permissionless blockchains He Yifan, CEO…
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The number of Bitcoin Cash investors holding at least $3M dropped by 10 since Aug. 1 following the price surge to more than $311. Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto…
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The BAND native token will be supported for trading on Huobi Global beginning August 10. Band Protocol, the cross-chain data oracle platform, said that its token BAND has been listed on Huobi Global exchange. The company clarified in a press release on its blog that trading on BAND token will start on August 10. Huobi…
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Strategies from the world of traditional finance could offer promise for miners who want to lower the risk associated with holding inventory. To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in. But the reality is a…
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LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July. …
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How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry. Although over two months have passed since the halving happened on the Bitcoin network, the crypto mining industry is still heaving from the frantic pace of events that have followed suit. The rollercoaster of hash rates has left…
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