Prysmatic Labs calls the Medalla testnet incident a “learning experience” and says the launch of ETH 2.0 can proceed as planned. Rumors of the death of the Medalla testnet have been greatly exaggerated says Prysmatic Labs’ editor Raul Jordan, who adds that despite the mishap, the launch timetable for ETH 2.0 remains on track. Medalla […]
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Grayscale notes that long term holders are increasingly dominating the Bitcoin markets over short-term speculators, driving demand relative to supply. A new report by crypto fund manager Grayscale Investments argues that the current Bitcoin (BTC) market structure “parallels that of early 2016 before it began its historic bull run.” Grayscale predicts that demand for Bitcoin […]
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They’re tackling a problem that affects billions of people. Arbol, a platform that allows farmers to hedge weather risks, is integrating Chainlink data oracles. Arbol’s CEO, Siddhartha Jha, told Cointelegraph that the company uses blockchain technology to solve a problem that affects billions of people around the world: “It’s crazy that so much of the world’s […]
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Tone Vays says $45,000 to $50,000 is a reasonable bull market target for Bitcoin if it surges past $20,000. Tone Vays, the well-known Bitcoin (BTC) derivatives trader, believes Bitcoin will stay above $10,000 for the rest of 2020. At the start of the year, Vays said he was skeptical BTC would break $20,000 in 2021 […]
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Major changes could be coming to the network. Ethereum Classic (ETC) accelerator Ethereum Classic Labs announced a plan to protect the blockchain from further attacks. On Aug. 19 the organization proposed taking immediate action in implementing long-term changes to the network architecture over the next three to six months. The accelerator decided to focus their […]
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Developers could soon build dapps to run on multiple blockchains without compromise thanks to new cross-chain protocols. Cross-chain or blockchain interoperability research could finally be reaping results, with multiple projects launching interoperability protocols this week. Ontology (ONT), Neo (NEO) and Switcheo have collaborated to launch the “heterogeneous interoperability protocol alliance” Poly Network, while the NEAR […]
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A Bitcoin Cash upgrade that would mandate all newly minted blocks donate 8% to development is threatening to drive a hard fork in November. Bitcoin ABC, the dominant implementation of Bitcoin Cash (BCH), has published a controversial new upgrade that BCH supporters must deploy prior to November 15 to facilitate changes to the crypto asset’s […]
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The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto. A Canada-based Middle Eastern restaurant chain just converted their entire fiat cash reserves into Bitcoin. According to an Aug. 19 tweet from Tahini’s — ‘the best Middle Eastern restaurant in the world’ — the decision to […]
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On-chain data suggests Bitcoin price will not see a Black Thursday repeat as the amount of BTC held at exchanges has dropped to a 2020 low. As Bitcoin (BTC) price pulled back below $12,000, some investors began to worry that another crypto market crash like one that occurred on March 11 would occur. However, data […]
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Bitcoin price rejected at $12,486 but multiple metrics suggest the correction is nothing more than a healthy pullback. The price of Bitcoin (BTC) pulled back after achieving a new 2020 high at $12,486 on Coinbase. In the last 48 hours, BTC fell by around 5%, leading to larger losses in the altcoin market. There are […]
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