Blockchain

The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the…
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Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.
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Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the…
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Crypto hardware wallet firm Ledger is pushing back against critics who say their new seed phrase recovery option indicates the company has a potential “backdoor” to obtain user data. Ledger says their new product, “Ledger…
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Payments platform Ripple is unveiling a new protocol that would allow large-scale institutions to issue their own central bank digital currencies (CBDCs). According to a new press release, Ripple Labs is announcing the Ripple CBDC Platform,…
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Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie…
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Sam Altman, the chief executive of OpenAI, is closing in on landing $100 million in funding to create a new crypto asset, according to a new Financial Times report. Altman’s crypto project, Worldcoin, which plans to use a custom…
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Bankrupt crypto lending platform Celsius transferred 428,000 staked ether (stETH) worth $780 million on Monday, according to Etherscan data. The transfer corresponds with the introduction of a withdrawal feature by Lido Finance, the stETH…
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Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the…
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Cardano’s (ADA) decentralized finance (DeFi) ecosystem is evolving rapidly on the back of recent developments, according to the Ethereum (ETH) rival’s developers. In a new update, Cardano developer Input Output Global (IOG) says…
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