Cryptocurrency Analysis and News Portal
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech companies from using crypto, and Fitch improves El Salvador’s
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Layer-2 blockchain protocols have been in the spotlight in 2023, bringing major performance improvements to a variety of platforms and services operating in the Ethereum (ETH) ecosystem. Zero-knowledge proofs have been key in the roll-out of a variety of layer 2s, with the technology pioneered by the decentralized scaling network Starknet. StarkWare,
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After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto exchange platform. Venmo Customers
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With one week to go until the Ethereum Shanghai and Capella upgrades on April 12, all eyes are on Ether(ETH). The second-largest cryptocurrency by market capitalization shrugged off rumors and regulatory action against exchanges to hit a seven-month high of $1,922 on April 5. Ether price has momentum, and here are three
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Ether (ETH) has breached $1,900 for the first time in over seven months, a week before staking withdrawals are enabled in the next major update for the second-largest cryptocurrency by market capitalization.CoinMarketCap data shows the last time Ether was over $1,900 was on Aug. 16, 2022, amid a broader crypto
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Before validators joined the PoS blockchain, they agreed that their staked ETH and any accrued rewards would remain locked up until Shanghai. Some validators have had their ETH locked up since as early as December 2020, when the PoS “Beacon Chain” went live. But, finally, the time for unlocking those
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Prior to the 1.14 release, core engineers were working on fixing problems that were impacting the network's speed and usability, such as invalid gas metering, lack of flow control for transactions, and lack of fee markets, among other more technical issues. These issues were prioritized to improve user experience. Source
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On Feb 10, Cryptocurrency exchange Binance announced a major upgrade to its Proof of Reserves Verification system to include zk-SNARKs — a cutting-edge technology that Binance says will allow it to verify its reserves in a more secure and transparent manner.3. Product and Service. Plus transparency.The #Binance Proof of Reserve system
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Ethereum 2.0 upgrade is scheduled for September 13 to 15. XDC’s XDPoS 2.0 is expected to go live in Q1 2023. Ethereum Merge, the
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Analyst Chase White said in a note to clients that IREN has potential to boost its contracted hash rate – and thus increase its bitcoin production – if the company can secure additional compute power at low cost, as it did with Bitmain in August. Source
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