On Wednesday, Ethereum co-founder Vitalik Buterin announced that a new ETH upgrade (ERC-4337) was coming to the network. He discussed the new features embedded in the update, as well as other possibilities that the update could bring to the network. The most notable update is the much-anticipated Account Abstraction. For
The Swiss Financial Market Supervisory Authority (FINMA) has approved the region’s first crypto fund. However, access to the Crypto Market Index Fund has been restricted to only qualified investors. FINMA categorized the fund as "other funds for alternative investments" that have particular risks. According to the financial
F2Pool, the world’s largest Bitcoin mining pool, has started banning Bitcoin miners from mainland China. According to local crypto media outlet 8BTCnews, Chinese customers will either have their accounts suspended or terminated moving forward. The decision of the mining pool is clearly linked to China’s renewed efforts to
On September 27, Bitfinex-powered DEX, DeversiFi paid a whopping 7,676 ETH as a transaction fee to send $100K USDT. In an interesting turn of events, the ETH miner has refunded the monstrous network fee back to the exchange. As reported by BTC PEERS, the exchange paid the equivalent of
While China is doing all it can to crush digital assets like Bitcoin, El Salvador is actively pushing the frontiers of Bitcoin adoption by a sovereign nation. The President of El Salvador, Nayib Bukele has posted videos showing what could be the world's first public Bitcoin mining facility
The total supply of Ethereum on exchanges has fallen to less than 20% as investors continue to withdraw their holding. Could this be a bullish signal? According to on-chain data from Santiment, the number of Ethereum sitting on exchanges has declined by nearly one-third over the past year even as
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2020 was an unprecedented year, which saw lightning-fast changes occur across all spheres of life. In the face of rapid technological propagation brought on by COVID-19, it’s no surprise that traditional industries are falling behind. The world’s banks have emerged as a particular casualty. With numerous enterprises going
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Hakuna Matata, a CertiK-audited project on the Binance Smart Chain (BSC) combining investing with altruism, has successfully raised $600k in their recent private sale. Hakuna Matata Raises $600k in Two Days, Listed at LBANK In the recent press release, Hakuna Matata LTD said the private sale of its HKUN BEP-20
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AI has been around for a long time even if you don’t notice it. The posts you see every day are chosen by AI, every UBER route is calculated by AI after processing hundreds of traffic parameters, not to mention self-driving cars designed by Tesla and other industry-leading companies.
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The cryptocurrency industry can be divided into several subcategories. Some currencies attempt to disrupt payments, whereas others want to become meme currencies. Cage is a bit of a hybrid currency, as it has meme elements and aims to build real solutions to make cryptocurrencies more accessible and appealing. Not Everything
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It is no secret that many countries in the world are suffering from power problems. Even though technological advancements have pushed the world forward this century and last, multiple areas of the world remain in near darkness due to poor infrastructure, bad governance, and a lack of access to locally
Following the latest ban on crypto activities by the Chinese government, Huobi and other homegrown crypto exchanges have resorted to taking proactive measures to protect and refund customers currently residing in Mainland China. Speaking to crypto news site Cointelegraph, the group co-founder of Huobi, Du Jun, stated that the exchange
Amid growing pressure from Chinese regulators, Huobi announced that it will “gradually retire” all of its existing Chinese users by the end of the year in order to comply with local regulations. Huobi Global will gradually retire existing Mainland China user accounts by 24:00 (UTC+8) on Dec 31,
According to President Nayib Bukele, the Chivo Bitcoin wallet now “has more users than any bank in El Salvador and is moving fast to have more users than all banks in El Salvador combined” just three weeks after its deployment. 2.1 million Salvadorans are ACTIVELY USING @chivowallet (not downloads)
Popular centralized exchange Bitfinex has reportedly spent over $23 million in fees to send just $100,000 worth of USDT on the Ethereum blockchain. According to Etherscan, Bitfinex paid a total of 7,676.6 ETH (currently valued at $23.6 million) in what seems to be the most expensive
One of the world’s leading Ethereum mining pools, Sparkpool, has decided to shut down its local and international Ethereum mining pool services in response to regulatory changes in China. The Hangzhou-based firm, which is the second-largest Ethereum mining pool, announced on Monday that it had already suspended the services