Tag: Blockchain

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Lido’s Staked Ethereum Token STETH Reaches $10.3B Market Capitalization, Ranks Ninth by Market Valuation

March 20, 2023

With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the token’s overall market valuation to the ninth-largest position, according to the crypto market capitalization aggregation website coingecko.com. Lido Finance’s…
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Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says

March 20, 2023

Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s Troubles With Settlements in Blockchain With major Russian banks disconnected from the main global interbank payment…
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Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday

March 19, 2023

Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency…
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Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees

March 19, 2023

According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain…
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Exclusive Interview: Tether Co-Founder Says Crypto Industry Will Bounce Back Despite Past Failures – Here’s Why

March 17, 2023

In an exclusive interview with Cryptonews, William Quigley, the co-founder and CEO of decentralized blockchain WAX and co-founder of USDT issuer Tether, shared his insights on the crypto and blockchain industry’s future amid recent challenges.  Quigley, who has over 30 years of experience in technology and finance, remains optimistic about the sector’s recovery, emphasizing the…
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Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model

March 17, 2023

The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company behind Arbitrum), Offchain Labs investors,…
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Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12

March 16, 2023

During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following…
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Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets

March 15, 2023

Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against…
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Today in Crypto: Europol Closes ChipMixer & Seizes BTC 1909, ‘Surge in Cold Storage & ETH Layer 2 Usage’ Post-FTX, Synalcom & Qori Enable Crypto Transactions for 20K Businesses in ‘One Action’

March 15, 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: Europol Closes ChipMixer & Seizes BTC 1909, ‘Surge in Cold Storage & ETH Layer 2 Usage’ Post-FTX, Synalcom & Qori Enable Crypto Transactions for 20K Businesses in ‘One…
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The Pokémon Company Might Be Preparing to Make Moves in the Metaverse

March 15, 2023

The Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job opportunity that includes experience and knowledge of fields like blockchain, Web3, and the metaverse as a requirement, including connections with investors in…
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