Chainlink’s Network Activity Has Grown By 10x, 2 Years in a Row

In brief: Crypto analyst, Timothy Peterson, has highlighted that Chainlink’s network activity has grown by a factor of 10 for two years in a row 414 crypto projects use Chainlink technology in one form or another, up from 315 last November The value of LINK has benefited from the increased network activity  Crypto analyst, Timothy Peterson, of Cane Island Alternative Advisors, has pointed out that the Chainlink network has grown by a factor of 10 for two years in a row. Additionally, the growth of the Chainlink network has been…

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Jack Dorsey and Jay Z Set Aside 500 BTC To Fund Bitcoin Development

In brief: Twitter CEO, Jack Dorsey and Jay Z have set aside 500 BTC to fund Bitcoin development The funds will be in an endowment trust named ₿trust The fund’s focus will be on development teams in Africa and India Dorsey and Jay Z will provide ‘zero direction’ and will need 3 additional board members Twitter could soon add Bitcoin to its balance sheet The CEO of Twitter, Jack Dorsey, has just announced that he and Jay Z have set aside 500 BTC to fund Bitcoin development. The funds with…

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Grayscale Adds ETH Worth $93M in 24 hrs, the Highest Inflow in 2021

In brief: Grayscale has added $93 Million worth of Ethereum to its ETH trust in 24 hours This translates to 52,730 ETH purchased in one day This is the highest daily inflow since the year began and since Grayscale opened subscriptions to its Ethereum trust Ethereum is struggling to turn $1,800 into support and could be a sign of weakness Grayscale Investments has added $93 million worth of Ethereum to its ETH trust in the last 24 hours. This purchase marks the highest daily inflow of Ethereum since subscriptions to…

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South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018

A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. Funds Ended Up in a Wallet With an Unknown Owner According to Fn News, six Bithumb customers brought the case before the 15th Division of the Civil Agreement of the Seoul Central District Court. They alleged that the exchange provided them with misinformation regarding withdrawing funds in November 2018. Due to the…

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How Bitcoin helps an entrepreneur expand their venture: what do you gain in choosing the digital currency?

Are you looking for the best option of sending and receiving money with minimal interference from intermediaries? If your answer is yes, then Bitcoin is the best choice for you. As an entrepreneur, you want hassle-free payment solutions that accelerate your operations, leading to a quick expansion of your venture. Sadly, standard payments are sluggish because all your transactions must get approval from third parties, like banks. Many entrepreneurs benefit from Bitcoin not only as a payment method but as an investment option as well. However, the advantages mentioned above…

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DocFlow by PixelPlex – Blockchain-Powered Solution for Secure Document Management

PixelPlex has been working on custom blockchain solutions since 2013 and has already implemented over 50 blockchain projects. The company is committed to building reliable and highly secure applications, and this time PixelPlex developers have created DocFlow, a robust business document management system that helps solve the problems associated with electronic file circulation. This promising solution offers great opportunities for enterprise development. Document management challenges When working with regular document management systems, most enterprises face several common problems: There are certain risks associated with third-party online document management services; Using…

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Key Bitcoin price metric signals traders are positioned for $50K BTC

A key Bitcoin price metric is signaling that top traders are comfortably positioned and expect BTC to secure the $50,000 level in the short term. Bitcoin (BTC) price posted a 25% gain after this week’s news of Tesla’s $1.5 billion BTC investment came out. Prior to this reveal, BTC was lagging behind Ether’s (ETH) performance by 7.5% but the numerous bullish events of the past few days helped BTC to hit a new all-time high at $48,900. Previous to Tesla’s announcement, BTC price was trading in the $30,000 to $41,500…

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