Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history. Alibaba co-founder Jack Ma is stepping down from the board of Japanese tech giant and major blockchain backer SoftBank. After 13 years of close involvement with SoftBank, China’s richest man leaves the board amid […]
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Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive. Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive. Visa head of crypto Cuy Sheffield tweeted on May 18 that he does not believe central banks are […]
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Over 10,000 Redditors have signed up for the platform’s ETH-based rewards, however, 75% of them are Fortnight players. Within days of launching on the Rinkeby testnet, Reddit’s Ethereum (ETH)-based Community Points rewards system has seen more than 10,000 addresses created. Reddit’s points were rolled out across two subreddit communities pertaining to the topics of the […]
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One Ethereum user’s loss of 40 ETH has prompted community debate surrounding ways to mitigate losses resulting from wallet address typos. A proposal for the creation of a specialized decentralized autonomous organization, or DAO, has garnered debate within the Ethereum (ETH) community. The focus of this DAO would be to refund users who have mistakenly […]
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As Ethereum prepares to shift to a PoS blockchain, interest in staking crypto is growing. Here is a list of the biggest blockchain staking platforms. The debate over which consensus algorithm is right for blockchain is long overdue. While proof-of-work remains popular with Bitcoin (BTC), interest in proof-of-stake protocols has been picking up speed, especially […]
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The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular. Crypto is a place where everything changes faster than in any other industry, and seeing as it was born in the age of the internet, this is quite fitting. Today, China is leading the global digital asset […]
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Crypto security firm Ngrave has hired pioneering cryptographer Jean-Jacques Quisquater and crypto investor Michael Terpin. Digital asset security firm, Ngrave, announced two new advisors in May so far — Michael Terpin, a pioneering crypto investor who co-founded BitAngels in 2013, and renowned cryptographer Jean-Jacques Quisquater, who is quoted in the Bitcoin (BTC) whitepaper. The appointments […]
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Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month. On May 5, Venezuela’s government announced that its controversial oil-backed cryptocurrency, El Petro, would go offline for maintenance until May 10. However, observers have since identified that the official Petro block explorer now lists May 5, 2020, as the date that […]
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Celo founder Rene Reinsberg discusses entering the early phases of mainnet and The Celo Foundation’s recent $10 million auction. The Celo Foundation raised $10 million for its blockchain platform Celo in a dutch auction on CoinList on May 12. The auction sold out within 12 hours, with Celo Gold (cGLD) tokens selling for roughly $1 […]
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Don’t worry, Mrs. Rowling. We’ll have you understanding Bitcoin before you can say “Quidditch”. As part of a recent tweet calling on all novelists to message her with their questions on Bitcoin, CoinDesk journalist Leigh Cuen publicized a tweeted response from none other than beloved Harry Potter author, J.K. Rowling. “I don’t understand Bitcoin,” […]
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