As Ether transaction fees hit 100 gwei, the project’s co-founder warns that a failure to respond could undermine the security of the network. Ethereum (ETH) co-founder Vitalik Buterin has called for reform to the cryptocurrency’s fee system, warning that rising transaction fees could undermine the security of the network. The idea is based on a […]
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The final public testnet for ETH 2.0 aims to launch just two weeks from now. The long awaited Ethereum 2.0 network upgrade has taken one step closer to launch with a preliminary date announced for the final planned public testnet. The platform’s launch coordinator, Danny Ryan (@djrtwo) shared the news on the testnet’s discussion board […]
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Verisign, a publicly traded company providing domain name registry services, has been granted a blockchain-based patent. Verisign, a major domain name registry that controls the ‘.com’ and ‘.net’ domains, has acquired a patent that applies blockchain tech to domain names. The United States Patent and Trademark Office (USPTO) granted patent number 10,721,060 to Verisign on […]
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The CEO, President, and the COO of Canadian exchange Coinsquare have stepped down following an agreement with the Ontario Securities Commission. Coinsquare’s CEO Cole Diamond and President Virgile Rostand will step down and pay a $1.6 million fine as part of an agreement with Canadian regulator the Ontario Securities Commission (OSC). According to an announcement […]
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Mexican media report on a new study that reveals a lack of trust from locals towards public cloud network security as cryptojacking cases rise. Mexican users of public cloud networks report a surge in cryptojacking and ransomeware attacks in recent months. According to El Economista, almost three quarters of Mexican companies that use cloud networks […]
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Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit. A known gold enthusiast, financial commentator Peter Schiff said Bitcoin (BTC) holders are not actually looking to the asset as a storage of wealth — one […]
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Millions of U.S. citizens own both Bitcoin and a retirement account, but hold no Bitcoin in that retirement account. Ryan Radloff, CEO of custody solution Kingdom Trust, recently explained a vast number of Americans do not hold Bitcoin (BTC) in their retirement accounts. “There’s 7.1 million Americans that have already made the leap to buy […]
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China’s Securities Regulatory Commission allows regional equity markets to experiment with blockchain in the equity trading industry. The China Securities Regulatory Commission, or CSRC, recently issued a letter approving five regional equity markets. They will include equity centers in Beijing, Shanghai, Jiangsu, Zhejiang and Shenzhen. These and other regions received authorization to begin experimenting with […]
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LocalBitcoins COO Elena Tonoyan explains how the oldest peer-to-peer Bitcoin exchange is fighting against criminal activity on its platform. Elena Tonoyan, the COO at LocalBitcoins, explains how the oldest peer-to-peer Bitcoin exchange has been stepping up the fight against criminal activities on the platform. As of 2019, LocalBitcoins has been cited as the exchange receiving […]
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Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain. For the last month Bitcoin (BTC) price has traded in a tight range and trading volume has been relatively flat. Meanwhile, several tokens on the Ethereum network have been topping the price charts, especially the Decentralized Finance (DeFi) tokens. New […]
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