XDC trading is now available on the Kinesis Exchange

London, United Kingdom, 31st August, 2022, Chainwire   Kinesis, the world’s leading gold and silver-based monetary system, has listed the XDC coin on the Kinesis Exchange. XDC will be tradeable against eight fiat pairs, including USD, GBP and EUR alongside Kinesis’ native gold and silver-based stable coins, KAU and KAG. Users can instantly trade their XDC […]

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Buterin and Armstrong reflect on proof-of-stake shift as Ethereum Merge nears

Ethereum co-founder Vitalik Buterin and Coinbase CEO Brian Armstrong believe that a gradual mind shift and important community contributions led to their backing of Ethereum’s upcoming move from a proof-of-work (PoW) to proof-of-stake (PoS) consensus. The two industry titans joined Coinbase protocol specialist Viktor Bunin on the Around the Block podcast for an enlightening discussion […]

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Ethereum Classic (ETC) Hashrate surges ahead of Ethereum Merge

As the upcoming Ethereum merge continues to cause excitement within the crypto space, Ethereum Classic (ETC), a sister of Ethereum, has seen an 83% increase in hashrate since June according to Gayatri Dhumal, a researcher at BitwiseInvest. As the hashrate of Ethereum Classic surges, Ethereum on the other hand has dipped by 11%. Why is […]

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Bitcoin mining has never been more competitive even as BTC loses 13% in August

Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs. Bitcoin seals biggest difficulty jum since start of 2022 Despite the recent BTC price drawdowns, Bitcoin’s network fundamentals are telling an optimistic tale as August comes to a close. Both difficulty and hash rate are climbing, reflecting […]

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The crypto market needs to be regulated to avoid manipulation

The founder of the Waves blockchain believes that regulation is needed to deal with market manipulation in the crypto space. Sasha Ivanov, founder and CEO of the Waves smart contract blockchain, told Bein Crypto in a recent interview that the cryptocurrency market needs regulation. According to Ivanov, regulation would deal with manipulations in the market. The […]

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S. Korean City Busan Taps FTX to Develop Crypto Exchange, Promote Blockchain Businesses

The special zone has built several blockchain-based products and applications for use by the general public. These include B Pass, a blockchain-based ID service, Busan Digital Voucher, a local currency circulation-boosting service based on its digital ledger, the Citizen Safety Report, and B-Fresh, a seafood logistics service.

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Mystery of the whale wallet holding 50% of Axie Infinity’s SLP supply

For nearly a year now, a mysterious Axie Infinity wallet has been quietly amassing billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the industry’s most popular play-to-earn (P2E) crypto games.  Today, the anonymous whale wallet now holds a little over 22 billion SLP — more than 50% the total circulating supply […]

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Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding

PROOF, the private community behind the Moonbirds NFT collection, has announced it is shifting its blue-chip collection completely “in chain” — allowing images to be fully contained within the underlying smart contract.  In a community live stream named “Future PROOF” on Aug. 30, Harri Thomas, director of products at PROOF explained that the new approach […]

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President of Paraguay vetoes crypto regulation law

Paraguay’s president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity on Monday. He reasoned that mining’s high electricity consumption could hinder the expansion of a sustainable national industry.  The decree stated that crypto mining uses intensive capital with low manpower usage, and therefore would not generate added […]

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Nexo commits another $50 million towards NEXO buyback plan

Nexo’s native token NEXO jumped more than 8% as the company announced an additional repurchase plan worth $50 million. The repurchase starts immediately and will continue over the next six months. Nexo completed a $100 million buyback program, launched in November 2021,  in May this year. Digital assets platform Nexo has committed a further $50 […]

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