In the time of DeFi boom, how will Beam’s confidential DeFi stand different from others? Beam CEO Alexander Zaidelson spoke to Cointelegraph. On June 29th, major privacy cryptocurrency Beam underwent a hard fork to enable “Confidential DeFi” on Beam. In the time of the DeFi boom, how will Beam’s confidential DeFi be different from other […]
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Crypto itself has only been around for a decade, and the space has already gained its top Ponzi scheme actors. Here are three of them. In addition to the obvious advantages in the form of anonymity, accessibility, ease of use and low cost of transactions, cryptocurrencies have some serious drawbacks that impede their global adoption. […]
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Bitcoin isn’t property under new Russian ruling while authorities in the U.S. and the EU challenge encrypted networks in this week’s Law Decoded. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The U.S. is preparing for its Independence Day tomorrow. New spikes […]
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A temporary nuisance for crypto debit card holders, the Wirecard debacle reminds the public of the problems blockchain technology was designed to fix. Some of the most impactful frauds in modern history, from the Enron scandal to the Bernie Madoff investment scheme, were carried out by malignant actors inside or at the helm of corporate […]
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Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem. Results for the second quarter of 2020 show tremendous growth for decentralized applications across all ecosystems, primarily spearheaded by Ethereum (ETH) decentralized finance, or DeFi. Decentralized exchanges were at the frontlines of the rise as Compound token mining activity trickled down to on-chain […]
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As interoperable blockchain solutions gain traction, many believe that the technology is still relatively nascent and needs more polishing. Cross-chain interoperability is a domain that has piqued the interest of many financial institutions over the years, as it stands to produce a technology that can potentially mitigate a whole host of their recurring operational issues […]
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Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months. USD Coin (USDC), a stablecoin project founded by Coinbase and Circle, has hit a major milestone in market capitalization. On July 3, 2020, USDC market cap broke the $1 billion threshold for the first time since […]
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Huobi has become the first major exchange to run a Chainlink node in an effort to improve data authenticity and integrity. Major cryptocurrency exchange Huobi will integrate their price data with Chainlink’s ecosystem in an effort to improve its own data integrity and provide more accurate price information. While Binance was the first major exchange […]
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Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries. The Tencent blockchain accelerator entry contest was held recently in Shenzhen China. Its theme concerned “blockchain industry and ecological co construction”. According to the local news on July 2, Professor Zhu Jiaming, former economist of United Nations Industrial […]
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Virtual hackathons may allow developers to solve technical problems and create new solutions, yet it’s not all easy going for these online events. Online events are becoming more common as coronavirus cases continue to surge. So it shouldn’t come as a surprise that the blockchain community has seen an uptake in virtual hackathons this year, […]
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