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Blockchain Bites: Bitcoin Miners’ Slim Margins, ConsenSys’ Latest CBDC Pilot, a16z’s Power Hire

Bitcoin’s hashrate is soaring. Ethereum incubator ConsenSys has signed on to another CBDC pilot. JPMorgan unveiled a revamped interbank transfer blockchain network that could challenge SWIFT.Top shelfLower profitsBitcoin mining profitability is at all-time lows in 2020, spurred in part by new ASIC mining machinery driving up the network’s hashrate. While bitcoin‘s hashrate

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Diego Gutiérrez Zaldívar: How a Decentralized Internet Can Power Latin America

It’s no secret Latin America’s economy is not in great shape compared to other regions.There isn’t any single reason for this. You could point to a dependence on commodity exports and its booms and bust cycles, government corruption, income inequality or a combination of them all. Diego Gutiérrez Zaldívar is the

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The TAO | A New Framework to Power the Web

The internet has evolved significantly since its inception, spawning the creation of global protocols, frameworks, and new classifications of developers. This has resulted in centralization difficulties, unnecessary complexities, and diminished quality standards loaded with vulnerabilities. The Nexus Tritium, Amine, and Obsidian (TAO) Framework will uproot these historic flaws by recomposing

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Former PwC partner to launch New Zealand ‘Power Dollar’ stablecoin

New Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar. Set to launch early next year, the digital currency will employ Distributed Ledger Technology.The ‘Power Dollar’ is not government backed however and is more akin to a stablecoin

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Blockchain Bites: Ethereum Power Users, Composability Questions, Staking Solutions

Invest: ethereum economy, a full day of conversation, workshopping and networking around the future of money, is streaming live today until 6:30 p.m. ET.Today’s special edition of Blockchain Bites is covering all the news you need to know from invest, as well as the Top Shelf (down below) crypto news from elsewhere in the

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Ethereum’s Vitalik Buterin Calls on Power Users to Move to Layer 2 Scaling

In the face of Ethereum’s recent rocketing transaction fees, its founder and chief scientist, Vitalik Buterin, called on users of the second-largest blockchain to move over to scaling solutions that are “already here for many classes of applications.”Buterin took the opportunity while speaking at the opening keynote of CryptoX’s invest:

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Blockchain Bites: MicroStrategy’s BTC Buy, Bitmain’s Power Struggle, Paxful’s Goodbye

MicroStrategy has put even more of its treasury into bitcoin, Paxful is pulling out of Venezuela and the Bitmain power struggle appears to have found a short-term solution.  Top shelfBitcoin buyMicroStrategy, a business intelligence company, told the U.S. Securities and Exchange Commission on Monday it “may increase” its BTC holdings beyond the $250

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