An upcoming decentralized finance project built on Polkadot (DOT) is looking to unlock liquidity that would be tied up in staking as part of its consensus mechanism. Called Stafi, short for Staking Finance, the project wants to implement liquid staking on Polkadot and potentially other blockchains as well. A drawback of staking funds for consensus…
Crypto Hard Forks
OpenEthereum Supported 50% of Ethereum Classic Nodes. Now It’s Leaving the Project
Only 30% of Ethereum Classic’s nodes will support future network hard forks after a major client walked away from the project last week. OpenEthereum has voted to stop supporting its Ethereum Classic client to focus attention on other projects.In addition, it has concerns about that blockchain’s immutability, according to a GitHub vote Thursday.It’s also well…
As US Banks Running Out of Coins Bitcoin Keeps On Chugging Along
A U.S.bank is offering its customers a 5% bonus for delivering coins to one of its branches while Bitcoin has quadrillions of Satoshis to spare. 1796 Total views 18 Total shares The U.S.economy is experiencing a shortage of coins.With this in mind, the Community State Bank, or CSB, of Milwaukee is offering a five percent…
21 July
Standard Chartered to Launch Institutional Crypto Custody Solution “The firm is building what he claimed would become one of the most-secure crypto custody solutions on the market.As many as 20 institutions have expressed interest in the custodial solution. Although it will be based in the U.K., it will be open to clients from around the…
The 10 Most Important Cryptocurrencies Other Than Bitcoin
Bitcoin has not recently been a pioneer, introducing an influx of cryptocurrencies built on a decentralized distributed system, it’s gotten the true standard for cryptographic forms of money, moving an ever-developing army of devotees and side projects.KEY TAKEAWAYS – A cryptographic money, comprehensively characterized, is virtual or advanced cash which appears as tokens or “coins.”…
Trezor Model One Review – A Secure Bitcoin (Crypto) Hardware Wallet
Trezor Model One Review – A Secure Bitcoin (Crypto) Hardware Wallet July 20, 2020 Ethereum is an open-source distributed blockchain network that simplifies smart contract scripting.Importantly, the platform allows developers to streamline build decentralized applications that function on blockchains.Consequently, the platform has introduced the world to host of new functionalities and applications.ETH Popularity It’s nearly…
Ontario Securities Commission Alleges Coinsquare Committed Various Securities Violations
Ontario Securities Commission Alleges Coinsquare Committed Various Securities Violations July 20, 2020 Ethereum is an open-source distributed blockchain network that simplifies smart contract scripting.Importantly, the platform allows developers to streamline build decentralized applications that function on blockchains.Consequently, the platform has introduced the world to host of new functionalities and applications.ETH Popularity It’s nearly impossible to…
Bitcoin Price Predictions by Top Analysts Are Usually Wrong — Here’s Why
Since Bitcoin (BTC) price rallied above $19,000 in 2017, crypto analysts have issued an amazingly wide range of price predictions on the date and value of the next all-time high or low. Sometimes these predictions are rooted in deep fundamental and technical analysis, whereas other times they are simply nothing more than off-the-cuff estimates issued…
The History of Bitcoin Alternative New York Coin (NYC)
new york coin, nyc coin, bitcoin, litecoin, ethereum, bitcoin cash, cardano, binance coin, chainlink, crypto, cryptocurrency, bloc New York Coin (symbol: NYC) had a very similar beginning to Bitcoin in that the original developer of New York Coin original GitHub repository literally disappeared at launch.NYC Coin is the only other cryptocurrency besides Bitcoin that has…
Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production
The ongoing battle between the co-founders at Bitmain has now essentially hard forked the world’s largest bitcoin miner manufacturer into two different operations and supply chains for making its flagship AntMiner equipment.Wu Jihan, the co-founder who ousted his rival co-founder Micree Zhan Ketuan last year, registered a new entity on July 16 in Shenzhen, China.The…