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Bancor has released a status report for its v2.1 decentralized exchange upgrade, covering the performance of its decentralized exchange over the last three months.According to the document, the total liquidity increased by almost 100%, resulting in the platform earning about $1.12 million in cumulative swap fees.Bancor’s report noted that the
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The day after the U.K.-based EXMO crypto exchange was hacked last month, reportedly losing 6% of its crypto assets, the team got a call from the U.K.’s Financial Conduct Authority (FCA). The FCA recently put the exchange on the list for temporary registration and wanted to know what EXMO, an exchange
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Musk told analysts on Tesla’s third-quarter earnings call that the company is only trying to spend money and not waste it.Tesla Inc (NASDAQ: TSLA) CEO Elon Musk warned employees against stock decline if the company does not control costs. The CEO sent the warning through an email on the 1st
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Publicly traded mining company Hive Blockchain (HVBTF) reported a Q2 profit even as the firm continued its “big spend” on upgrading its mining facilities. Hive took in $13 million in quarterly mining revenue, according to its Q2 earnings report Tuesday, 8% up from the year-ago period’s $12 million.The company posted a
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Argo Blockchain has reported a near quadrupling in revenue even as capital depreciation led pre-tax profits to slide by 45%. Source
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While Ethereum’s recent uptick in adoption has been welcomed by many, it has had a strong side effect:
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The word “blockchain” is no longer perceived as something exotic and super innovative, partly because large companies have found various uses for this technology and customers have begun to understand how it works. On the other hand, the growing adoption and awareness of blockchain has led to the fact that
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Demand to transact on the Ethereum blockchain has pushed fees to uncomfortable levels.A new technical proposal helps address high fees by implementing a dynamic pricing system.Called EIP 1559, Ethereum users would now pay a set “base fee” to the network plus a tip to miners.One technical observer calls it “the
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[sociallocker id="55298"] On average, the ransom demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019.According to a report published on June 5 by cybersecurity firm Crypsis Group, the average ransom demanded by cryptocurrency ransomware groups in 2019 reached $115,123.The median ransom, on the other hand, increased by
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The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data
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