Developers love to tout the number of transactions that blockchains can process per second. Unfortunately, that fixation often distracts from other important issues — such as network security. The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to…
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Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176. Bitcoin’s Difficulty Has Risen More Than 22% Since Block…
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In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds raised by blockchain companies. South Africa…
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On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called the “Grails” NFT collection, will take place during Marquee Sale Week at…
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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: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO’s Genesis Validator Deposit Smart Contract Going Live on Thursday Read more »Sign up for e-EUR…
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After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000…
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Cardano is one of the largest layer-1 blockchains by market capitalization, but what does the DeFi ecosystem offer for staking? Cardano is one of the largest layer-1 blockchain solutions by market capitalization. The project is being driven by Input-Output (a Charles Hoskinson company), Emurgo and the Cardano Foundation. The chain was named after the Italian…
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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: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance Read more »Sign up for e-EUR – the progressive stablecoin
Zero-knowledge technology has seen significant growth in adoption within the blockchain space in 2023, according to an inaugural quarterly report published by ZKValidator. A quarterly report focused on zero-knowledge (ZK) technology indicates that privacy, scaling and identity solutions are significant drivers of adoption in the blockchain space. Validator service provider ZKValidator’s report titled “The State…
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Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’
According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven months ago, and the feature went live on April 19. Trezor Adds Coinjoin to Software Suite Owners of…
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