How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry. Although over two months have passed since the halving happened on the Bitcoin network, the crypto mining industry is still heaving from the frantic pace of events that have followed suit. The rollercoaster of hash rates has left […]
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What are some trends in the crypto and blockchain space that may take hold and remain ongoing throughout the rest of 2020? The cryptocurrency field is a place where everything changes in the blink of an eye. New technologies, key market players and trends shift much faster than in any other industry. From the current […]
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With Nifty Gateway recently auctioning a digital artwork and NFT for a record $55,555.55, the art world is on alert. Nifty Gateway, a leading marketplace for nonfungible tokens with the backing of the Winklevoss brothers, recorded its largest-valued auction to-date on July 23 when the digital artwork and NFT “Picasso’s Bull” sold for $55,555.55. The […]
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In the emerging global crypto economy, crypto mining is probably going to remain and even become more profitable in the upcoming years. Miner profitability metrics are based on a handful of factors regulating difficulty and emission, which are hard-coded into the blockchain’s attributes, making it predictable to work with. While predictability does not always immediately […]
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Coincheck’s CEO expressed optimism toward the company’s upcoming shareholder meeting app, GMO Coin announced negative leverage trading fees and more headlined news from Japan this past week. This week’s headlines from Japan included Coincheck readying its digital shareholder meeting solution, GMO Coin announcing negative leverage trading fees, Decurret testing transactions with a power company, Japanese […]
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Zhejiang province issued its first blackout insurance policy backed by a blockchain platform. A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss suffered recently. According to Shupeidian, Zhejiang Ningbo Power Supply Company, in partnership […]
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Decentralized technology is liberating yet intimidating to crypto-beginners. How can DeFi projects ease this transition for users? Many speculate that mainstream adoption of cryptocurrency is dependent solely on improving ease of access and user experience. In reality, there’s an even bigger obstacle: a mentality shift. Self-sovereignty and personal autonomy are the endgame of this technology, […]
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Discussing cross-blockchain protocol that enables the use of ledgers in an interoperable bundle. The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator […]
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As Trump clamps down on Chinese social media in the U.S., tech in general becomes subject to nationalism. 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.–China trade war continues its brazen spillover into tech. In response to concerns over where […]
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Monero has experienced its biggest single day gain in hashrate since its creation back in 2014. August 6, Monero (XMR) has experienced its biggest increase in hashrate since the network’s creation in 2014. Monero hashrate. Source: Coin Metrics. The Monero hashrate increased from 1.67 GH/s on August 5 to 2.2 GH/s on August 6. That […]
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