Total Value Locked in DeFi Sector Hits Record $13.6B
The U.S. dollar value of the cryptocurrency liquidity locked up in decentralized finance is surging, buoyed by big gains for some lesser known projects. Source
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Sector
Yearn.finance (YFI) Outperforms DeFi Sector as Powerful Uptrend Persists
Yearn.finance’s YFI has been caught within the throes of an intense uptrend throughout the past few days, with
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Distributed Technologies in the Logistics Sector: Benefits, Real-life Use Cases, and Pitfalls
Logistics and blockchain can be combined to make great improvements in the logistics field. Both carrier and receiver can get a lot of benefits from this synergy. This post explains what advantages does blockchain bring to logistics and how it can be implemented into the niche.Advantage of blockchain in logisticsBefore
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Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas.The United Socialist Party of Venezuela has decided to not allow cryptocurrency
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OKEx Beacon Mentorship and Masterclass Program to Create Employment Opportunities in Crypto Sector
[sociallocker id="55298"] The leading digital asset exchange and cryptocurrency trading platform OKEx has recently announced the launch of its OKEx Beacon Program to nurture talent in the cryptocurrency sector. Focused initially on the European region, the program will include Masterclass and Mentorship series handled by the top executives at OKEx.Applications
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Ransomware Attacks Are Exploding in the Education Sector
Educational services across the globe have been witnessing a surge in ransomware attacks in 2020. According to Verizon’s 2020 Data Breach Investigation Report, ransomware attacks account for approximately 80% of all cyberattacks suffered.The data suggests 92% of these incidents were motivated by financial reasons, while only 3% aimed to perform
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Mining Sector Sees Extreme Volatility Amid Coronavirus and Crash During Q1
Crypto research firm, TokenInsight, has published a report covering the crypto mining industry during the first quarter of 2020. The report emphasized swings in Bitcoin (BTC)’s hash rate and the phasing out of older ASIC models.However, volatility has had a greater impact on Chinese miners — with Antminer S9s becoming
Read MoreBinance Research Finds Libra Could Rattle Payment Sector Foundations
Binance Research dove into Libra's most recent whitepaper, surfacing with a lenghty report, in part claiming Facebook's proposed asset could significantly alter the payments world."Libra’s envisioned global payment system could do to the payment industry what SpaceX did to the space industry: shake the foundations of a well-established sector with
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Gibraltar to Crack Down on Market Manipulation in DLT Sector
Gibraltar’s minister for digital and financial services, Albert Isola, has announced forthcoming regulations to reduce market manipulation among blockchain firms.In an interview with The Banker published April 10, Isola also discussed his government’s decision to abandon its development of a legislative apparatus for token sales amid the bursting of
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DTCC Seeks Blockchain-Focused Security Framework for Financial Sector
The Depository Trust & Clearing Corporation (DTCC), a global financial market infrastructure giant, says traditional IT security frameworks must be updated to tackle the blockchain.An official press release on Feb. 12 took note of the expected rise in adoption of distributed ledger technology like blockchains in financial services globally. The
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