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DOGE may have been particularly focused on environmental sustainability – one of the most topical issues of the blockchain industry.Recent research from Forex Suggest has shown that Dogecoin (DOGE) was able to reduce its carbon footprint by a whopping 25% in just a year. DOGE was the only meme coin
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The second proposal aims to reduce the amount of time it takes to finalize a data block – part of an effort to prevent frequent reorgs, which occur when a validator node receives information that temporarily creates a new version of the blockchain. Source
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Along with the gas fee, the upcoming hardfork of Polygon will also address the issue of chain reorganization.Ethereum’s Layer-2 scalability platform Polygon is now gearing up for a hardfork ahead this week on January 17. After discussing with its community, the Polygon team has agreed to a hardfork in order to
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In the most recent report, Chainalysis research suggested that the illegal use of Tornado Cash was essentially associated with crypto hacks and scams, with an approximate average of thirty-four percent of all inflows.Tornado Cash, an open-source, decentralized cryptocurrency tumbler, which was recently in news for its conjectured role in the
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Time-weighted average price is an algorithmic trade execution strategy commonly used in traditional finance tools. The goal of the strategy is to produce an average execution price that is relatively close to the time-weighted average price (TWAP) for the period that the user specifies.TWAP is mainly used to reduce a
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Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We
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The Chinese smartphone giant started to let go of some of its staff due to lower sales amid the lockdowns in China.While many companies are gradually rebounding from the adverse effects of the coronavirus pandemic, others like China Xiaomi are still battling with the COVID impact as it plans to
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The world’s largest stablecoin issuer, Tether, has pledged to eventually stop the practice of lending out funds from its reserves, saying it is “mission critical to restore faith" in the crypto market. In a Dec. 13 post, the stablecoin issuer addressed recent mainstream media FUD (fear, uncertainty, and doubt) concerning its
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Nearly a quarter of the New York-based bank’s $103 billion in total deposits, or roughly 23.5%, came from the crypto industry as of September 2022. But given the recent “issues” in the space, Signature will reduce that amount to under 15% eventually, DePaolo said. Source
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Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with regulators all around the world to make this industry more
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