Bitcoin PoS – Registering Strong Market Growth After Mainnet Launch And Introducing New Updates

Bitcoin needs no introduction as it is the first digital currency to start the crypto revolution. Over a decade since its inception, Bitcoin remains one of the most celebrated cryptocurrencies in the market today. However, when it comes to the network scalability and performance, there are still a few loopholes that need to be addressed. The Bitcoin Proof of Stake aka the Bitcoin PoS network aims to make Bitcoin even more rewarding, more decentralized, and faster to bring Bitcoin into real-life cryptocurrency payments. The project reserves all the strongest aspects…

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Ethereum Deposits to ETH2.0 Contract Exceed the Required 524,288 ETH

Quick take: Ethereum deposits to the ETH2.0 contract have hit a total of 531,872 ETH This is 101.4% of the required amount for Phase 0 to kick-off A total of 16,621 validators out of the required 16,384 participated in the deposits Ethereum’s price has benefited from the rush to deposit ETH to the ETH2.0 contract Phase 0 of ETH 2.0 is officially a GO! Earlier today, validators successfully sent the minimum amount of 524,288 ETH to the deposit contract thus confirming that many were waiting till the last minute to…

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Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI

Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack was first reported on Nov. 21. At the time of writing, the token has since rebound 29% in 24 hours to $18.51, according to Coingecko data. This is the fourth hack to hit the defi space in just two weeks. Akropolis, Value Defi…

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Anndy Lian Says “Digitalization has struck every government as a priority never before.” at Hong Kong Blockchain Week 2020

18 November 2020/ BLOCKCAST.CC/ Anndy Lian and a panel of experts spoke on “Digital Transformation and Innovation: What’s New for Governments and Businesses” at the Hong Kong Blockchain Week 2020. This session is timely as COVID19 has accelerated the pace of digital transformation, decision-makers who were reluctant to adopt and adapt have harnessed technology innovation to keep their companies afloat, and governments are relying on digital solutions to respond quickly to the global crisis. Digitalization has become essential and has brought up its real purpose in such times. According to…

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Amazon before Bitcoin acceptance?

Bitcoin was already being discussed as a payment method for Amazon in 2014. At the time, the company couldn’t get used to this idea. Almost six years later, Jeff Bezos, founder of Amazon, is again in contact with the cryptocurrency. What spoke against the introduction of BTC on Amazon at the time? The scalability and market volatility risks of the cryptocurrency are likely to have been decisive for the rejection of Bitcoin. On November 19, Ham Serunjogi, co-founder and CEO of Chipper Cash, stated in a tweet that his FinTech…

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Bison Trails launches QT protocol to help developers build on Libra

Libra Association founding member, Bison Trails, has released a QT protocol allowing developers to read and write data to Libra’s pre-mainnet using off-chain systems. Blockchain technology and staking service provider Bison Trail has announced the launch of its Query and Transactions Clusters, or QT, protocol to help developers build on Facebook’s forthcoming Libra network. Libra QT offers a bridge between Libra’s pre-mainnet and off-chain systems, allowing dedicated off-chain infrastructure to read and write data to the blockchain. According to a Nov. 25 announcement from Bison Trails, which provides blockchain services…

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