Cryptocurrency Analysis and News Portal
After facing a heavy load of transactions earlier this month, bitcoin’s (BTC) network has returned to a more normal level, recent developments suggest. The total amount of fees paid to miners was 80 BTC as of Tuesday, down from its 11-month high of 201 BTC on May 21, according to the
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Google is teaming up with Theta Labs in a move meant to help the video delivery network onboard users through Google Cloud. As part of the partnership, the tech giant is assisting Theta with its Mainnet 2.0 launch, a hard fork happening around noon Pacific time on Wednesday, said Theta Labs
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At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items.While the game is developed by independent company Satoshi’s Games, Blockstream has sponsored the game by running a token giveaway. The announcement has garnered a considerable amount
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IBM has become a shareholder in we.trade, the trade-finance platform jointly owned by 12 European banks, signaling further consolidation across the enterprise blockchain space.Ciaran McGowan, we.trade’s CEO, said the deepening relationship with Big Blue will help the platform in its next phase of global expansion.“Now we’ve got a very strong
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Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively unknown mining
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An in-depth analysis from IntoTheBlock took a look at the network effects of Bitcoin and Ethereum and found that it was much easier to calculate and track on Ethereum. Ethereum’s role as the facilitator of decentralized finance has the potential to amplify its network effects and attract more users, while
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On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially. Despite
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One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) — a single transaction that represents more U.S dollar value than the entire Lightning Network.It brings the total amount of Bitcoin now locked in WBTC tokens to 2,300, compared to the roughly 927 Bitcoin (BTC) locked on
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Cambodia’s central bank will launch a distributed ledger technology (DLT) network to enable greater interoperability in the country’s payments sector and to take on the almighty greenback.Consumers will be able to make near instant payments via the platform, using a mobile app and QR codes.During Consensus: Distributed on May 11,
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A recent report from Glassnode indicates that Bitcoin (BTC) network health is close to its maximum despite the recent halving of miner rewards.On-chain BTC IndexThe company has recently introduced its on-chain BTC Index (GNI) that captures a number of key on-chain metrics and combines them into easily digestible charts and
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