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Huobi Group, the owner of the Huobi cryptocurrency exchange, is launching a new fund for investments in the Decentralized Finance (DeFi) market. Charlene Wu, who previously worked in the investment department of China Merchant Bank International (CMBI), a subsidiary of one of the largest Chinese...
On August 1st, Bitcoin Core 0.20.1 version was released, which contains a small number of modifications and improvements. The most significant changes concern peers that are sending invalid blocks. With Bitcoin Core 0.20.1, these users are not blocked, but marked as “not recommended nodes.”...
Over the past 24 hours, the largest altcoin ether (ETH) has performed the best among the top 10 cryptocurrencies, has risen in price by more than 6%. On Friday, July 31, the ETH rate came very close to $340, the capitalization of the digital currency now exceeds $37.8 billion. The last time...
Uniswap is an exchange-like protocol that permits users securely interchange ERC20 tokens without having to apply the usual exchange order book model. Uniswap bundles tokens into specific smart contracts, creating liquidity pools within which other members can habituate. Anyone can exchange tokens,...
Back in early June, Bloomberg predicted that Bitcoin's upward movement will continue until the end of 2020. One of the analysts, Mike McGlone, stated that the cryptocurrency is going to be able to test the values at the $ 20,000 level. Bloomberg released its monthly cryptocurrency review...
Circle has partnered with Genesis Global Trading, a subsidiary of the Digital Currency Group (DCG), to develop a USDC stablecoin lending product. As part of the agreement, DCG is going to invest $ 25 million in Circle. The CENTER consortium, which includes Circle and the Coinbase exchange, is...
On July 29, as planned, the Shelley update was integrated into the Cardano network. Thus, the decentralization of the project has been completed, as previously stated by the leader of the altcoin development team, Charles Hoskinson. In the last few months before the fork was activated, staking was...
Fidelity analysts have published a report in which they pointed to the growing importance of bitcoin as a tool for preserving capital. They even used the term "insurance policy" to denote the role of bitcoin. The largest cryptocurrency acts as a protector of savings in the face of the...
Iranian power plants will be able to mine cryptocurrency, but in this case, they will be left without government subsidies. That was reported by the IRNA news agency earlier this week. It refers to a statement by Mostafa Rajabi Meshadi, deputy head of the Tavanir electricity distribution company....
According to billionaire and Galaxy Digital CEO Mike Novogratz, gold and bitcoin will update their highs soon. The financier expressed this point of view on the air of the CNBC television channel and noted that both assets are the best form of capital preservation in the face of rising inflation....
Ripple is a global system for cross-currency and gross payments created in 2012 by Ripple Labs. The main advantage of the network is that it allows mutual transfers anywhere in the world in just a few seconds. That makes Ripple an attractive choice for banks that rely on a real-time settlement...
Ethereum developers have partnered with Consensys and DeepWork Studio to release a "Launch Validator Platform" for the Medalla Testnet, which will launch on August 4th. The goal of the platform is to teach the self-staking process on the Ethereum 2.0 blockchain, which will run on the...
The RipGale project, although quite similar to a decentralized exchange, has a number of notable differences. Decentralized projects addesses problems such as high transaction fees, slow transaction speed, low liquidity (unable to convert to fiat currencies), and lack of cross-border transacting...
Tetras Capital, a crypto hedge fund that went short on ETH, has announced it will close. Tetras has lost 75% of its capital since launching in 2017 and is now returning the remaining funds to investors. The New York fund started trading altcoins and later became known for its critical statements...
Cardano is planning to become the most attractive network for launching DApps soon. The intention to make the network the main competitor of Ethereum was told by its founder and CEO of IOHK Charles Hoskinson. On Twitter, he wrote that next year, the reputation of his project among DApps developers...
The number of addresses on the Ethereum network making daily transactions continues to grow. The trend towards increased user activity was previously recorded by many researchers. Recently, the Xangle Research team published a report in which they noted that in the second quarter of 2020, the...
On July 26, analysts at Glassnode released data suggesting that the current rise in the price of bitcoin above $ 10,000 will be distinct from the last two. The price of bitcoin touched $10,000 several times in 2020, along with the growth of the Glassnode metric called Bitcoin Days Destroyed (the...
In the conflict for power at Bitmain, the physical theft of mining equipment has now appeared. In a new post on Bitmain's WeChat channel, former Bitmain employees illegally took out 10,000 Antminer bitcoin miners from one of the company's divisions. Reportedly, the S17, T17, S9 series models were...
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