Most Japanese crypto traders may be leaving altcoins behind entirely. The vast majority of Japanese crypto traders who started getting into the market in the last year may be investing solely in Bitcoin. According to data published on Aug. 19 from the Japan Virtual and Crypto Assets Exchange Association (JVCEA), Bitcoin’s dominance relative to altcoins…
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Fundamental growth is not so impressive when you factor out the bull run. A new metric published by DappRadar wants to paint a more reliable picture of how the decentralized finance ecosystem is growing. Called “adjusted TVL,” the metric attempts to clean total value locked readings from any external influence — primarily price increases. Total…
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Three entrepreneurs will discuss how innovation flourishes at the intersection of blockchain and music. Cointelegraph’s head of news, Dylan Love, is hosting three guests for a livestream on our YouTube channel about blockchain technology’s impact on the music industry. The event starts right now: check it out above, or head over to our YouTube page…
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Polkadot’s ‘canary network’ has tripled in price this month, with Kusama having unveiled an ambitious plan to relay blockchain transactions from Mars. Polkadot’s (DOT) mainnet launch rally has seen many associated projects produce parabolic gains during August. Polkadot’s pseudo-test network or ‘canary chain’, Kusama (KSM), has been among the month’s strongest performers, rallying from less…
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Telos holders will receive dividends from their tokenized properties. Telos has announced that it would be working with Dapp development platform Katalyo to tokenize $35M worth of Croatian properties. Telos — one of the most active blockchains in the world in terms of transactions — said Katalyo would be issuing two tokens for each participating…
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The Libra association member will enable secure Solana staking. Blockchain infrastructure provider Bison Trails has expanded its integration with Coinbase Custody to allow the staking of Solana tokens. In an Aug. 27 announcement, Bison Trails stated that Coinbase Custody users would be allowed to delegate Solana (SOL) tokens to Bison Trails’ enterprise-grade validators. Bison Trails…
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Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021. Nasdaq-listed Bitcoin (BTC) mining firm Riot Blockchain has announced a new purchase of 5,100 Bitmain S19 Pro Antminers, that are slated for deployment in February 2021. The new miners will…
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Fair Launch Capital’s business model may help prevent future YAM DeFi debacles. A new project called Fair Launch Capital claims to be offering a new way for founders to fund crypto networks. According to an Aug. 26 tweet from Fair Launch Capital (FLC), the project will provide access to capital for founders to fund their…
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Bybit has also added support for the Vietnamese language on its platform. Cryptocurrency derivatives exchange Bybit has added support for the Japanese yen and South Korean won in a bid to expand its roots in Asian markets. In an announcement on Aug. 26, Bybit said the addition of these two new fiat currency payment options…
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Police claim that wash trading and market manipulation by the owner and management team of the Coinbit exchange netted over 100 billion won. South Korea’s third-largest cryptocurrency exchange, Coinbit, has been seized by police following fraud allegations. According to an Aug. 26 report by the Seoul Shinmun, 99% of transaction volume on the exchange was…
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