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Bithumb gears up for a pioneering initial public offering (IPO), targeting a market shake-up against Upbit’s dominant 85% share in the virtual asset industry. In a move that aims to disrupt Upbit’s 85% stronghold on the market, Bithumb Korea is reportedly pioneering an IPO in the virtual asset exchange industry. The strategy
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The National Bank of Georgia (NBG) has selected blockchain payments network Ripple Labs as the official technology partner for developing digital lari, its central bank digital currency (CBDC) project.In a statement, Ripple said the partnership would include implementing and deploying the digital lari pilot initiative through the Ripple CBDC Platform. The
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Before it becomes foundational infrastructure for the next stage of the internet, there are three risks that the blockchain needs to avoid, says Paul Brody, head of blockchain at EY. Source
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While it remains a relatively new concept, asset tokenization is being deemed as one of the most compelling applications of blockchain technology amongst experts. Backed by benefits
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Congressional inaction, the decline of the Chevron doctrine, and regulation by enforcement are decentralizing policy-making power over emerging technologies like blockchain and AI, says Michele Neitz. Original Source
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For the crypto market to fully enter another epic bull run, investors must be willing to purchase digital assets in large quantities.
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Tech giant Microsoft is apparently forming a new team to advance its artificial intelligence plans by hiring a professional to develop an energy strategy based on Small Modular Reactors (SMRs) and microreactor energy.According to a job post reported by The Verge, Microsoft is looking for a principal program manager who will
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Cryptocurrencies are promising a novel avenue for stabilizing global purchasing power parity amidst traditional economic turbulence. This article delves deep into the transformative capabilities of digital assets, identifying both potential opportunities and hurdles that lie ahead. Nestled securely and transparently within the realms of blockchain technology, digital assets are scripting a
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A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining.As reported by local media on Sept. 24, Tecpetrol will launch its first gas-powered crypto mining facility in the Los Toldos II Este region, located north of Vaca Muerta in Argentine Patagonia. The company
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The Lumerin Hashpower Marketplace allows Bitcoin miners to easily buy and sell capacity to interested peers and non-miners, allowing purchasers to increase their chances of earning bitcoin rewards without buying rapidly depreciating equipment. Trades will be routed through smart contracts and will specify hashrate amount, duration and price. Original Source
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