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In this respect, The Lightning Network, which aims to improve bitcoin’s scalability by boosting speed and lowering costs, could be promising, Laboure wrote. Lightning Network claims it can process 25 million transactions per second at a cost of four cents per transaction, implying that it is a thousand times faster
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Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that “the industry is still in its formative stage.” ‘The Crypto Economy Is Entering the Mainstream’ JMP Securities
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Jamie Burke, CEO of Outlier Ventures (a U.K.-based blockchain VC and accelerator lab), was originally encouraged by research showing that “people spend five times more in a blockchain game than in a conventional game.” He said that skeptics originally “poo-pooed” this research, but then came Axie. The Axie juggernaut is
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Twitter, which has seen its user base steadily grow to surpass 185 million users last year, is experimenting with NFTs to allow users to display their collections as their profile pictures.According to Mada Aflak, a senior software engineer at Twitter, the microblogging platform is working on new functionality that will
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Approving Fireblocks could also lead to integrations enabling new products, “such as the onboarding of regulated fiat on/off ramps and protocol deployments connected to debit cards, high yield savings accounts and other innovative fintech products,” the proposal said. Source
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The relationship between crypto and mainstream media (MSM) is complex, and it’s probably fair to say that some in the crypto community haven’t been overjoyed with the treatment they’ve received over the years. MSM has largely ignored Bitcoin (BTC) and other cryptocurrencies outside of occasional reports of hacks, ransomware attacks and
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The past few months have seen decentralized finance (DeFi) platforms gain a cult-like following on the backdrop of a bullish cryptocurrency market. That revolution of digital money is now moving into the gaming industry, creating an intersection between DeFi and the gaming experience that experts now predict will play a
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MIA runs on the Stacks protocol, which in turn runs on top of the Bitcoin network. People can “mine” MIA it by sending STX, the native token of Stacks, to a smart contract, which forwards 30% of those contributions to a wallet reserved for the city. Last month, the city
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This episode is sponsored by NYDIG.Download this episodeToday on the Brief:BlockFi gets another extensionChainalysis’s secret data honeypotRobinhood crypto finally gets transfersIn our main discussion, NLW talks how crypto has mainstreamed over the last year, including:Bitcoin for hedge fundersBitcoin for El SalvadorNFTs for NBA fansNFTs for crypto OGs and celebritiesHe specifically looks
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But the trend is also working the other way, as more crypto firms are going mainstream. Some are adding traditional financial services products, such as FX or options trading, to their product suites. Others are applying to be regulated by the traditional market regulators. A third way this trend is
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