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Blockchain
Will CBDCs Replace Crypto? Bittrex CEO Says Government Agenda a Solution in Search of a Problem
Bittrex Global CEO Oliver Finch has some doubts regarding the legitimacy of central bank digital currencies (CBDCs).
Finch says in a new Kitco News interview that CBDCs are a “solution in search of a problem.” According to the Bittrex…
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StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings
The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native stack.
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Chainlink’s Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live
This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.
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Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account…
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Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million
In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the…
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Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different…
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The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be…
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Sidechains Can Provide ‘Scalability and Flexibility Needed for Real-World Applications’ — Horizen…
All-in-one infrastructure solutions may be what is needed to drive the adoption of Web3, but such solutions might turn out to be complex and not as flexible, Rob Viglione, the co-founder and CEO at Horizen Labs, has argued. In addition,…
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Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains…
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Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a…
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