Category: Technology
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How the next DeFi powerhouse Polkadot is changing the face of ‘IPOs’
Polkadot, the interoperability and Web3 interface blockchain platform, is bringing a new type of token issuance via an “Initial Parachain Offering” (IPO), it said in a release shared with CryptoSlate. A crypto IPO? An open-source project founded by the Web3 Foundation, Polkadot is built and maintained by five teams commissioned by the foundation. Its DOT…
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Cardano update: IOHK fired up for DeFi, mobile clients for Daedalus, and CBDCs
With multiple teams both inside and outside of IOHK currently working on Daedalus and Goguen, the first week of October has been largely uneventful for Cardano. Charles Hoskinson, the CEO of IOHK, grabbed the opportunity to discuss what lies ahead for Cardano in the next few years, revealing that mobile clients for the Daedalus wallet…
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An Ethereum scaling solution is near—a DeFi founder thinks it will “melt faces”
While Ethereum has become much less congested than it was just weeks ago, transaction fees are still far from cheap. It may cost $10-20 to complete interactions with decentralized finance protocols such as Compound, MakerDAO, or Synthetix. That’s not enough to break the bank, of course, but it restricts many users from accessing these protocols and…
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How Chainlink (LINK) can now prove $1 billion of Wrapped Bitcoin on BitGo
Blockchain agnostic protocol and decentralized oracle provider Chainlink will now be used by crypto custodian service BitGo to provide verifiable proof of the latter’s $1 billion worth of Wrapped Bitcoin in storage, as per a release. WBTC’s $1 billion+ in Bitcoin will now gain additional security using #Chainlink‘s Proof of Reserve capability. We’re thrilled to…
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Prediction market doubts Trump will complete first term after COVID-19 diagnosis
A pump in daily volume creates an 8% swing on whether Trump will complete his first term.
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Australian dev aims to bring Cardano payments to Shopify stores
Shopify stores could soon allow users to pay for products with Cardano tokens with a new app that removes any payment intermediaries.
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Report: 76% crypto miners use renewables as part of their energy mix
The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report.
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Dfinity poised to launch straight into Top 5 crypto tokens by market cap
“Feature complete” final milestone before public launch unveils governance system for the first time.
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Blockchain technology now powers a privacy-focused security camera
The new camera from IoTeX reportedly features a private key for access and end-to-end encryption of all data.
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The top crypto-mining graphics cards to get a big bang for your buck
Cryptocurrency miners are back in business, but which graphics card should you choose to not be left with an empty wallet?