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JPMorgan Chase &. Co. has shed light on how the Ethereum network decentralization has decreased significantly since the Merge event and Shanghai upgrade went live. The rise of staking and centralization Since implementing the Merge and Shanghai upgrades, Ethereum has seen a substantial uptick in staking activities. Staking, a process where users lock
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Blockchain web hosting could be a promising solution for enhanced data privacy, security, and control. However, it is not without potential drawbacks. The emergence of blockchain technology has sparked the development of web3, also known as the “semantic web.” Web3 aims to incorporate blockchain technology, artificial intelligence (AI), and machine learning (ML)
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Understanding finality in blockchain
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While some areas of the crypto space focus on privacy and anonymity, others focus on raising the standards within the space and on bringing in traditional players and more capital in the world of digital assets. At the recent Blockchain Economy Summit held in Dubai, Cryptox spoke with Lennix Lai, the
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As part of the strategic agreement with Circle Ventures, XION will use USDC as its primary transactional currency. Burnt, a web3 developer of the XION blockchain, announced in a press release on Oct. 5 the launch of its public testnet for XION, a layer-1 network focused on “tangible use cases.” Besides
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In a significant legal development, Dutch crypto companies, including Bitvavo and Coinmerce, the successor to Binance, have emerged victorious in their battle against a substantial $2.3 million fee levied by Dutch regulators. A Rotterdam court ruled that the Dutch central bank (DNB) overstepped its legal authority by imposing charges on
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The launch of the VC fund in Hong Kong highlights the country’s rising role as a crypto haven. CMCC Global, a crypto-focused venture capital (VC) company, has successfully raised $100 million to offer equity investments to early-stage blockchain startups across Asia with a particular interest in Hong Kong, its home country. In
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Decentralized infrastructure network provider Nodle is working with the likes of Adobe and the Linux Foundation to use blockchain technology to prove the authenticity of real-world content captured by devices.In correspondence with Cryptox, Nodle co-founder Garrett Kinsman outlined the firm’s upcoming software development kit (SDK) for its ContentSign solution that
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Hong Kong-based crypto-focused venture capital firm CMCC Global has raised $100 million to support Asian blockchain startups. The crypto fund, called Titan Fund, closed its inaugural funding round on Oct. 4, with participation from 30 investors, including blockchain company Block.one, Hong Kong tycoon Richard Li’s Pacific Century Group, Winklevoss Capital, Jebsen
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According to a report by Allied Market Research, blockchain financial market participants are now exploring collaborations and acquisitions as a core strategy. The traditional finance industry’s challenges caused by the COVID-19 pandemic, coupled with the promise of lower operating costs, increase the chances of greater global adoption of the digital
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