Facebook and Telegram’s launch of coins will be more of a game changer for social media and banking than for crypto. Facebook is controversial, if nothing else. The world’s fifth-biggest company by market cap, it’s also the biggest social network by a comfortable margin. Yet, despite the fact that most of us use it, we’ve become increasingly […]
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While Bitmain is releasing the second Antminer for mining ZEC, the Zcash team is not in a hurry to fork the network and join the ASIC resistance campaign. Bitmain, the largest manufacturer of mining equipment, recently revealed the Antminer Z11 device for mining Zcash and other cryptocurrencies based on the Equihash algorithm, as reported by […]
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Some cryptocurrency exchange platforms are inflating their Bitcoin trading volumes to earn higher listing fees, but the market’s liquidity is still due to trading activity on tightly regulated exchanges. In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of […]
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How a user gaming the Augur network led to the debate on the validity and effectiveness of decentralized networks. According to a Reddit thread on March 19, traders on Augur, a decentralized oracle and peer-to-peer protocol for prediction markets, are being scammed. The Reddit user claims that “some people” in the Augur community are exploiting […]
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India crypto and blockchain advocates protest in advance of a crucial supreme court hearing. The fourth and largest of a series of blockchain supporter rallies is set for Bangalore on March 30, and is anticipated to have a huge public impact because of the planned participation of numerous developers — the key to India’s blockchain […]
Continue ReadingSouth Korea’s central bank mentions CBDCs in its annual payment settlement report and announces a blockchain trial later in 2019. South Korea’s central bank has included a summary of research on central bank digital currencies (CBDC) in its 2018 annual payment settlement report issued Tuesday, March 26. The development of distributed ledger technologies (DLT) and […]
Continue ReadingADAF is a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent. The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25. ADAF is […]
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Despite a billion-dollar valuation, an EOS glitch shows the pitfalls of blockchain for finance. Blockchain projects that comprise the greater cryptocurrency sector’s market cap are unquestionably bootstrapped — a product of ingenuity and crowdsourced blockchain fundraising. But with the industry evolving further in the last few years, gaps between mature projects and less developed ones […]
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The new product comes as Bitmain continues to fight a market slowdown which has resulted in cost-cutting moves. Cryptocurrency mining giant Bitmain has released a new version of its Antminer Z series machines for Equihash algorithm coins, the company confirmed in a blog post on March 19. The Antminer Z11, which comes around ten months […]
Continue ReadingDespite the large number of opponents and rumors of collusion between Ethereum developers and GPU producers, the ProgPoW algorithm has been supported by 94 percent of the community. Ethereum (ETH) network users have unanimously supported the ProgPoW algorithm, which is expected to make the platform resistant to application-specific integrated circuit (ASIC) miners. Initially, opponents of […]
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