Sunday, November 17, 2024
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Avalanche Developers Rush Client Patch as ‘Bug’ Slows Blockchain Transactions

The Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to speak with each other failed under high loads, according to the Avalanche developer team on Reddit.The release of Avalanche’s newest decentralized

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Exchange Tokens Hit New All-time Highs as Stock Traders Rush to Crypto

Some retail equities traders, frustrated with recent restrictions on stock buying on trading platforms including Robinhood, are turning their attention to centralized and decentralized cryptocurrency exchanges (CEX and DEX, respectively), according to new data. That’s helping to drive several of these exchanges’ tokens to new highs.Last week GameStop (GME) and

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Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

Brian Armstrong is worried the Trump Administration is about to send the cryptocurrency industry a parting gift.The Coinbase CEO took to Twitter Wednesday night to blast the U.S. Treasury Department’s rumored plans to attempt to track owners of self-hosted cryptocurrency wallets with an onerous set of data-collection requirements.If the whispers

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Economists Rush to Declare End to the Recession – Here’s Why They’re Wrong

Better-than-expected jobs numbers and signs of economic recovery are leading some to declare the worst is over. We’re still far from normal—and economic data still show we’re worse off than the Great Depression in many areas. Here’s why the recession may just be getting started. Wall Street loves setting expectations at levels that

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Investors Frantically Rush to Bitcoin, Gold, and Bonds as Coronavirus Fear Spikes

Bitcoin holds above a key support level of $9,000 amidst growing demand for safe-haven assets.The cryptocurrency is eyeing a break above $9,500 to confirm a medium-term bullish bias.Rising cases of Coronavirus in the US has led investors to withdraw from equities this week. Gold and bonds have inched higher, meanwhile.The

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