Tag: P2P Networks

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TransUnion to begin providing identity-protected credit scoring for DeFi lending

The American credit reporting agency is teaming up with Spring Labs and Quadrata for a new service that should make DeFi borrowing easier and less risky. TransUnion, one of the three major United States credit reporting agencies, announced on April 20 that it would begin supplying credit scoring to public blockchain networks. Off-chain credit data have…
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Paxful shutdown hits Nigeria harder than the rest of the world, here’s why

Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use. The shutdown of the peer-to-peer (P2P) cryptocurrency marketplace Paxful has left its worldwide community searching for alternatives, but it appears to have significantly affected the Nigerian crypto community.  On April 4th, Paxful declared…
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Bitcoin nodes data: Frankfurt houses the largest city-wide network

Distributed across 5773 cities worldwide, over 60% and 14% of the Bitcoin nodes run on IPv4 and IPv6 protocols, respectively, while more than 25% run anonymously on .onion. While the United States holds the biggest share in Bitcoin (BTC) hash rate contribution and ATM network, the city hosting the most number of reachable Bitcoin nodes…
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Bitcoin ATM installations record low in May, biggest drop since 2019

Over the past five months since January, Bitcoin ATM installations saw a gradual slowdown, eventually falling 89.75% from December 2021’s 1971 new installations. Bitcoin (BTC) ATM installations across the globe have seen a steep decline throughout the year 2022, with May recording just 202 new BTC ATMs, a range last seen three ago in 2019.…
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Bitcoin network fortifies as mining difficulty records ATH of 31.251T

BTC’s latest network difficulty all-time high makes it nearly impossible for bad actors to represent over 50% of the hash rate. Further distancing itself from any concerns of planned attacks on the blockchain, the Bitcoin (BTC) network established a new mining difficulty all-time high of 31.251 trillion — exceeding the 30-trillion mark for the first…
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IMVU’s new blockchain-backed stablecoin goes live

The token, which has gotten a lot of attention for its interesting way of placating U.S. regulators, is now live for IMVU users in over 140 countries. IMVU’s new fiat-convertible VCOIN goes live on the social network.  Per a Jan. 12 company announcement shared with Cointelegraph, VCOIN is available for users of IMVU, starting today.…
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