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How Chainlink and Cosmos Fit Into China’s Grand Blockchain Initiative
Jun 23, 2020 at 13:00 UTCUpdated Jun 23, 2020 at 13:41 UTCBRICK BY BRICK: “We have been on-boarding two to three public chains every month,” says a technologist involved in China’s effort to link siloed systems. (Oleg Zartdinov/Shutterstock)How Chainlink and Cosmos Fit Into China’s Grand Blockchain InitiativeChina’s ambitious national blockchain infrastructure project has enlisted two…
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Crypto Long & Short: What Does Dogecoin Have to Do With Government Bans?
The combined forces of passionate communities with potent tools, and the deepening involvement of institutions, make successful bans less likely.Feb 14, 2021 at 10:01 p.m. UTCUpdated Feb 14, 2021 at 10:02 p.m. UTCCrypto Long & Short: What Does Dogecoin Have to Do With Government Bans?Dogecoin is not a cryptocurrency you would expect to read about…
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Private Banking Firm With $14B Assets Starts First Crypto Fund of Spain
A&G, a Spain-based banking entity focused on private banking, launched the first crypto fund under Spanish jurisprudence.The firm, with €12.4 billion ($14 billion) in assets under management as of the end of 2022, launched a hedge fund that will be accessible to professional investors, A&G said in a statement released on Monday.The fund managed by…
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Cambridge University Releases New Tool for Tracking Global Bitcoin Mining Power
Credit: PoohFotoz / Shutterstock.comA team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. The Cambridge Centre for Alternative Finance (CCAF), which is based at the Cambridge Judge Business School, said Wednesday the Bitcoin Mining Map would visualize countries' monthly share…
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Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge
Riot attributes the increase in losses to selling, general and administrative expenses of $61.2 million compared with $41.4 a year ago. The bitcoin "halving", which cuts the reward miners receive for adding new blocks to the network, lower number of bitcoin that Riot produced during the quarter. 00:38 Rep. Ro Khanna on Division Between Parties
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No Longer Beta: $200 Million Tezos Blockchain Will Be Official Mainnet Soon
The "experimental" phase for the Tezos blockchain is over. On Monday morning, the Tezos Foundation will officially announce that the protocol will no longer be in a beta period, and instead be a full mainnet, launched and run by its community. The designation is admittedly largely a semantic one. Tezos launched a mainnet, or live…
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Chinese Insurers Tap Blockchain to Speed up Coronavirus Payouts
Feb 11, 2020 at 09:00 UTCUpdated Feb 11, 2020 at 09:39 UTCBlockchain technology is reportedly helping to streamline medical paperwork processing for insurance service providers as global coronavirus containment efforts continue.Leveraging blockchain’s ability to process information transparently and efficiently, insurance service providers are relying on the technology to speed up claims payouts in over 27…
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Bitcoin Surges Above $71K as Wild Crypto Market Pump Sees $175M in Shorts Liquidated
Bitcoin surpassed $71,000 in Asian trading hours, with a 5% increase over 24 hours, leading to significant trading volume and the liquidation of over $143 million in short positions. The rally was partly driven by whale activity on Binance and substantial inflows into Bitcoin ETFs, which saw a net increase of 47,000 BTC in the