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Binance hopes to remedy that with multi-party computation (MPC), which removes the need for users to memorize seed phrases without compromising the benefits of security and self-custody. MPC involves a private key being broken up into three parts called key shares, with two of the three key shares being controlled
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OpenSea, the digital marketplace for non-fungible tokens (NFTs), has expanded its multi-chain presence after releasing the Pro version to the Polygon sidechain. Taking to X on Nov. 2, OpenSea said users can now buy and sell NFTs on different marketplaces and blockchain networks. Moreover, OpenSea has launched a cross-chain bridge feature with Socket,
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"Stablebonds mark an evolution of investment solutions," said Dave Taylor, CEO and co-founder of Etherfuse, in the statement. "By marrying the traditional world of bonds with the innovation of blockchain technology, we are creating a secure and transparent tool for investors and are adding further stability to DeFi and blockchain
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Xiaomi’s founder and chairman of the board Lei Jun said it took approximately 5000 software engineers’ combined efforts to develop the new operating system. Chinese smartphone maker Xiaomi has announced the launch of its cutting-edge operating system HyperOS after five years of dedicated hard work and research. The new OS, unveiled Thursday
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Recover involves users' private keys being encrypted, duplicated and divided into three pieces which are held with three different parties. Original Source
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Hardware wallet firm Ledger is rolling out its cloud-based private key recovery solution despite facing significant criticism from the crypto community.Ledger Recover, an ID-based private key recovery service for the Ledger hardware wallet, is launching on Oct. 24, the firm officially announced on X (formerly Twitter). The release comes in
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Taproot Assets will give developers "the tools needed to make Bitcoin a multi-asset network, but in a scalable manner," according to Lightning Labs. Source
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Decentralized finance (DeFi) protocol ether.fi has rolled out a liquid staking token that allows users to generate rewards through ether (ETH) staking and automatically restake rewards on EigenLayer. Source
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CoinMarketCap is not the only crypto company exploring the benefits of AI technologies since the AI hype began. Crypto data aggregator CoinMarketCap announced its foray into the world of artificial intelligence through the launch of a ChatGPT plugin that promises to redefine crypto analysis for users across the world. According to the
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Cryptocurrency exchange Binance is scaling its tools aiming to prevent unnecessary trading fees associated with unintentional self-trades.Binance will fully roll out the self-transaction prevention (STP) function for all users of spot and margin trading on Oct. 26, the firm announced on its blog on Oct. 11.Following the integration, the “expire
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