New report suggests that the Chinese crypto mining giant might be getting back on its feet. Chinese cryptocurrency hardware manufacturer, Bitmain, made over $300 million in profit in the first four months of 2020. This news comes despite the COVID-19 outbreak and recent rumours about in-house problems, a recent report suggests. Bitmain allegedly earns over […]
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Following much speculation in the press in recent weeks, a friend of the DPRK has said that Kim Jong-un is in good health. North Korean supreme leader Kim Jong-un’s state of health is good, according to an individual associated with the government. Special Representative of the Foreign Ministry Alejandro Cao de Benos de Les Perez […]
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KFC has rolled out a blockchain pilot program across the Middle East for its digital advertising supply chains. Kentucky Fried Chicken has rolled out a blockchain pilot program across the Middle East aimed at improving digital advertising and media buying. KFC Middle East expects the blockchain-powered platform to ensure greater transparency in the advertising supply […]
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Bancor claims liquidity providers would risk losing value in their stake due to an issue called impermanent loss. On April 29, the Bancor (BNT) project revealed its plans for the V2 upgrade of its platform. The overhaul addresses some of the major usability issues that have plagued the project since its launch in 2018. With […]
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Hackers have infected the infrastructure of Parkview Medical Center with ransomware that demands cryptocurrency in exchange for an encryption key. Hackers have infected the infrastructure of Parkview Medical Center — the largest health center in Pueblo County, Colorado — with cryptocurrency ransomware. Citing a hospital employee, Fox News reported on April 24 that Meditech — […]
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The president of crypto custodian Anchorage, Diogo Monica, believes that DeFi is exposing the shortcomings of cold storage and manual operations. Cointelegraph spoke to Anchorage co-founder and president, Diogo Monica, to get his take on how the rise of decentralized finance (DeFi) is impacting the crypto custodian sector. Monica stated that the increasing complexity of […]
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Stablecoins and central bank digital currencies have the potential to replace, or at least dramatically improve, bank accounts as they are today. Despite its nascency, central bank digital currencies and their offshoots have rapidly evolved into a serious alternative to typical bank accounts. A CBDC is electronic money issued by a central bank for use […]
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A manual audit of Ethereum’s top 10,000 wallet addresses suggests an incredibly bullish outlook for the transition to Proof-of-Stake. Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereum’s 10,000 fattest wallets. The conclusion […]
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Arab Bank Switzerland has closed a $10 million+ Series A financing round for Swiss digital asset infrastructure firm Taurus Group. Arab Bank Switzerland has closed a Series A financing round for Swiss digital asset infrastructure firm Taurus Group. While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a […]
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The U.K.’s Open University has developed a COVID-19 proof-of-immunity app that combines blockchain with a data solution from web inventor Tim Berners-Lee. The United Kingdom’s Open University has developed a COVID-19 proof-of-immunity app that combines blockchain with a privacy-preserving data solution from web inventor Tim Berners-Lee. The prototype app, undergoing testing as of April 29, […]
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