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Blockchain
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment…
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Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased…
In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an all-time high on May 1, 2023, with 682,281…
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Ethereum Competitor Avalanche Sees Surge in Daily Transactions and Active Addresses in Second…
Ethereum (ETH) competitor Avalance (AVAX) witnessed an uptick in on-chain activity in the second quarter of 2023, according to the crypto data firm Nansen.
Avalanche’s C-Chain, the project’s default smart contract blockchain,…
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Reports Suggest 11th-Largest Bitcoin Wallet Belongs to Stablecoin Giant Tether
A 21.co research analyst has disclosed that Tether, the company behind the world’s most prominent stablecoin by market capitalization, could potentially hold the 11th-largest bitcoin (BTC) address. Additionally, an individual…
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Shiba Inu (SHIB) Plans To Integrate Digital Identities Into Its Ecosystem’s Projects, Says Developer
The Shiba Inu (SHIB) ecosystem will make blockchain-based digital identity part of the project’s future developments.
Shib, the ecosystem’s official Twitter account, says that lead developer Shytoshi Kusama is planning to integrate…
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Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process
On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification…
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Crypto Assets Held in Self-Custody Wallets Have ‘a Non-Zero Chance’ of Getting Stolen — Fairside…
According to Brandon Brown, the co-founder and CEO of Fairside Network, self-custody crypto wallets generally lack inbuilt insurance coverage to protect against theft or loss. Brown attributes this to the challenges encountered when…
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Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss…
The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market…
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How AI, Web3 and Humans Can Work Together to Solve Complex, Global Problems
Fear abounds about AI, but the technology combined with blockchain can serve as an excellent complement to human ingenuity.
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Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty…
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average…
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