Category: ETH
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Ethereum Community Enthralled Over Controversial ProgPoW Proposal
The Ethereum community has been debating a proposal called ProgPoW as many ETH proponents believe the Programmatic Proof-of-Work function will alter the network significantly. The contentious topic has seemed to galvanize the community, with the ProgPoW proposal favored by a significant proportion while being detested by others. A few Ethereum participants were shocked on February…
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Cryptocurrency Airdrops and Giveaways: What They Are and What’s Next
There are a number of ways people can obtain cryptocurrencies and one of them is through airdrops, a type of distribution where creators send free coins to numerous crypto wallet addresses in order to drive adoption. Airdrops have been leveraged for years and token distributors believe that it’s a great way to disburse coins fairly…
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USDZ Capital Group Launches USDZ Stablecoin
High volatility is one of the major problems of the cryptocurrency, which prevents it from becoming a full-fledged replacement for fiat money at this stage. Cryptocurrency quotes are unstable and can change dramatically in a short period of time. Such price jumps can be observed not only in the first cryptocurrency, but also in all…
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Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide
On February 28, Gocrypto CEO Dejan Roljic revealed the payment gateway has officially onboarded 1,000 merchant locations during a recent company update that expanded upon the firm’s growth. Roljic also explained Gocrypto now has several locations in five countries and the company recently started expanding into South America in November 2019. The Latin American expansion…
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Market Update: Coronavirus Fears, Stock Market Crash, and Bitcoin Price Predictions
[youtube https://www.youtube.com/watch?v=7YEwUDSHjyY&w=560&h=349] Digital currency markets have been consolidating since the initial price drop on February 26 that saw $25 billion shaved off the entire cryptocurrency market. At the time of publication, the cryptoconomy is hovering just above the $245 billion zone and a few coins today are making slight gains. Also read: MTV Airs Only…
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Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as…
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Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
[youtube https://www.youtube.com/watch?v=GL6vfYg2FKg&w=560&h=349] Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial…
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BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60%
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s $100B Theft Claim – BTC and BCH…
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Bitpay Enables Bitcoin Cash Payments at 100,000 Point-of-Sale Devices
On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi…
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What Are Altcoins and Why Are There Over 5,000 of Them?
According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that…