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Each participant operated its own version of the ledger, rather than having the participants act as nodes in a single distributed ledger, the report said. Nevertheless, the participants were able to settle both sides of transactions simultaneously, finding a massive speed boost compared to the current system. While the report
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Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares to Tighten Cryptocurrency Regulations, Limit Public Access to Digital Assets The
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Ethereum’s incumbent rollup networks cannot currently claim that they “borrow” Ethereum’s security. Valid Points is CryptoX’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets. Source
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Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments with state-issued digital currencies in the
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The company is also working to bring cross-border capabilities to “spot desk, derivatives trading and currency hedging” while using on-chain assets. In addition, when a user onboards via Grapes Finance, it technically onboards with other counterparties, which can, in turn, grow the services that company offers, as well as their
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Hasta el 30 de septiembre, las tenencias del Tesoro estadounidense de la empresa se situaban en 58,1% del total de su portfolio, en comparación con el 43,5% de finales de junio, escribió en un tuit a principios de este mes Paolo Ardoino, director de tecnología. En su última publicación, Tether
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Chainlink, a provider of price feeds and other data to blockchains, is reducing the network’s barriers to entry for early-stage projects and reducing costs for existing participants ahead of the introduction of staking of its native token at the end of this year, the company said at this week’s SmartCon
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The Official Monetary and Financial Institutions Forum, or OMFIF, an independent global think tank for central banking and economic policy, has released a report suggesting that blockchain technology in a public finance management system could provide information essential to “formulate and design fiscal policy.”According to a Tuesday report, the OMFIF
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Some $49 million worth of stETH has flowed into the vault since the ceiling was raised, data from tracking service Daistats shows. Staked ether is a token supplied to users who lock up ether on Lido, a staking service, and receive the stETH tokens in return. More than 245,377 stETH
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There are likely to be rumors and misconceptions about the Ethereum Merge because it is one of the most anticipated events in the cryptocurrency space in recent years. The Ethereum team has addressed some of these misconceptions in a new blog post, as it will go live in a few
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