‘Algorithm choice’ can fix social media — but only on decentralized platforms
Jack Dorsey says a marketplace of algorithms could fix toxic social media — but centralized platforms won’t give up their control easily.
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IBM, CUSO CULedger Partner to Develop Blockchain Solutions for Global Credit Unions
Tech giant IBM is partnering with blockchain consortium and credit union service organization (CUSO) CULedger to develop new blockchain-based solutions for the credit union industry. The development was announced in a press release shared with Cointelegraph on March 11.IBM and CULedger will reportedly jointly pioneer solutions using permissioned blockchain networks that will innovate existing business…
Algorand Updates Protocol Enabling Block Creation Time of 4 Seconds
The Algorand Foundation has released an upgrade to its protocol to include more tools for decentralized applications (Dapps) and develop scalable blockchain-native solutions for real-world use cases.The company announced the development in a Nov. 21 press release, detailing that it added new capabilities directly into Layer-1, thus improving speed, scalability and finality. The new features…
Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases
Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16.Analysts cited by SCMP believe these tariffs could possibly affect China’s major mining hardware producers, as the technology was reclassified by the…
Bitcoin Cash Hard Fork Completed as First Invalid Block Detected
The planned hard fork of the Bitcoin Cash network has been completed, as the first block considered invalid by the older client version was noted by BitMEX Research in a tweet on Nov. 15.Fork Monitor detected that the block at height 609,136 was considered invalid by the Bitcoin ABC 0.19.0 client. The block was accepted…
Ethereum co-founder Vitalik Buterin defends DAOs against critics
Ethereum co-founder Vitalik Buterin has come out swinging in defense of Decentralized Autonomous Organizations (DAOs), arguing that in some circumstances they can be more efficient and fairer than a traditional corporate structure.In theory DAOs are collectively owned and managed by their members and have no central leadership. All decisions relating to aspects such as the…
Less than 2% of El Salvador's population holds crypto: Report
According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country's ongoing pro-crypto initiatives. In spite of the continuous efforts by the government of El Salvador to promote widespread cryptocurrency adoption within the nation, a recent CoinGecko report highlights the limited number of crypto owners in the country.Published on December 7
Bitcoin Retakes $9K — 3 Technical Reasons There’s Still Room to Run
The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term.Three key reasons increase the probability of a minor rally: liquidation of 25x to 50x shorts are at $9,300, whales using the…