The coronavirus pandemic forces humanity to shift to digital services, and blockchain could provide the required trust and security. Milton Friedman called it the tyranny of the status quo. It is a resistance to change that imprisons us in the moment and blinds us to potential. Yet, despite it all, innovation proves inevitable and change…
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A protocol funded by Web 3.0 Foundation aims to reduce crypto collateral by switching from a one-off relationship to a subscription model. A new blockchain protocol funded by Web 3.0 Foundation promises to reduce collateral requirements in DeFi and cross-chain applications. Interlay received a grant from the foundation to build a bridge between Polkadot and…
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The parabolic rise in Ether long positions has increased the risk of a violent crash, as uncertainty surrounding the launch of ETH 2.0 grows. With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February. But with short positions also growing, and co-founder Vitalik Buterin withdrawing last…
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New research claims that the enterprise blockchain market will continue to rise to $21.07 billion by 2025. A new study from Fortune Business Insights, a company offering market studies and consulting services, estimates the blockchain technology market will reach $21 Billion by 2025, according to GlobeNewswire’s report on May 12. It stated that: “The blockchain technology…
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The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same. The Bitcoin Cash and Bitcoin SV hash rates have recovered following a dramatic fall after their halvings in April, as the Bitcoin hash rate declined since the…
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Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. On May 13, Bitifinex announced that Koine would be providing the exchange with a series of services…
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Recent reports show an unprecedented increase in the number of women involved in the crypto market, some exchanges see a 160% surge. It is widely believed that the cryptocurrency and blockchain sectors are almost exclusively male-dominated. However, a report released by CoinMarketCap on April 30 suggests otherwise. According to analysts, the number of women in…
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A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) — a single transaction that represents more U.S dollar value than the entire Lightning Network. It brings the…
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QuadrigaCX trustee Ernst & Young has received close to 17,000 proofs of claim from creditors, denominated in various fiat and cryptocurrencies. Close to 17,000 creditors of the now-shuttered Canadian crypto exchange QuadrigaCX have filed to reclaim their lost assets. Details of the claims were revealed in an interim status report published on May 12 by…
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Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations. U.S. mining firm Riot Blockchain has published its financial report for Q1 2020 — painting a picture of a company heavily reliant on equity and debt financing to fund its operations. The firm…
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