Category: Technology
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How we can use timestamping content on the blockchain to fight fake news and fraud
Can you trust what you read on the internet? Ideally, we’d be in a world where the answer to this question is an immediate “Yes.” But we know there’s a lot of distrust in what’s on the internet. It’s not because all internet content is untrustworthy. It’s because there’s been such deception through fake news,…
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American Senator on GameStop drama: Blockchain can fix stock manipulation
The GameStonk hit the $450 price level yesterday before corrupt firms clamped down on its trading. But one senator says the whole thing could have been avoided if blockchain technology was implemented. Blockchain fixes this Senator Cynthia Lummis said yesterday that blockchain technology could help fix the rampant stock manipulation that occurs in financial markets,…
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IOHK launches the new Plutus Playground for Cardano (ADA) developers
IOHK, the company behind the Cardano blockchain, has announced the launch of the new Plutus Playground. The playground represents a new testing environment enabling developers to write and deploy test versions of Plutus smart contracts for Cardano. Developers can now test Plutus smart contracts on Cardano With Cardano’s Goguen phase set to see the light…
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EMURGO, Ergo, and IOHK announce AgeUSD, the first stablecoin that will come to Cardano
The Ergo Foundation, EMURGO, and IOHK have announced AgeUSD, a stablecoin protocol based on the Ergo blockchain. According to Roman Pellerin, the CTO of IOHK, the crypto-backed algorithmic stablecoin will also be available on Cardano once its smart contract functionality is unlocked. A new type of stablecoin to launch on the Ergo blockchain EMURGO, a…
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Ethereum-based blockchain solutions to now feature in 80 Chinese cities
One of the only state-recognized blockchain networks in China will now officially work with a major Ethereum development lab. Ethereum for the Chinese public Ethereum venture fund and development lab ConsenSys announced Monday it would officially work with China’s Blockchain Service Network (BSN), as per a release. The partnership would see further development of the…
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More than half of all Cardano wallets are now staking ADA
Almost 55 percent of all the ADA wallets on the market have all of their funds delegated to a stake pool. The sharp rise in new ADA wallets created per day, accompanied by the increase of the total number of ADA staked has made Cardano by far the most decentralized blockchain network on the market.…
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Driving to the moon? HODLer installs portable mining rig in BMW
“I’m not in crypto to make a fast buck, but I’ll take the bonus,” said Simon Byrne.
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The value of Cardano’s treasury reaches $100 million
As the price of ADA reached $0.38, the value of the tokens locked in Cardano’s treasury briefly surpassed $100 million. But what does this mean for the Cardano ecosystem and how can the Cardano community benefit from the growing amount of funds locked inside it? There’s almost $100 million currently locked in Cardano’s treasury The…
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How Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem
The burgeoning Polkadot ecosystem is getting yet another huge use case to its ever-expanding suite of innovative products. Privacy for transactions The cryptocurrency space—far, far before its current form—started out with the ethos of financial inclusion and privacy. This meant transacting in a fully private, safe manner while still viewing all such transactions in a…
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DeFi on Cardano will enable users to earn yield on staked ADA
Once Cardano’s Goguen era is launched, users will be able to earn additional yield on their ADA without having to unstake their funds. Liqwid Finance, a DeFi solution built on Cardano, will enable users to earn governance tokens by providing liquidity to the ADA market on Liqwid—all the while their tokens remain staked on the…