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The Race Is On to Replace Ethereum’s Most Centralized Layer

“If we don’t stop relying on Infura, the vision of ethereum failed.” That’s how Afri Schoedon, release manager for the Parity Ethereum client, described one of ethereum’s most popular – and controversial – technologies on Twitter…
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Overstock’s Medici Invests $2.5 Million in Grain Tech Firm’s Blockchain Pivot

Overstock subsidiary Medici Ventures is investing in a software firm looking to store grain transactions on a blockchain. The company announced Tuesday it was purchasing $2.5 million of equity stake in GrainChain, a nearly six-year-old company…
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Bitfinex Gives Tether Competition, Adds Four of Market’s Top Stablecoins

Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD…
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Bitcoin Faces Second Largest Difficulty Drop in History After Latest Adjustment

Bitcoin’s (BTC) mining difficulty saw its second largest drop in history, with a -15 percent adjustment on Monday, Dec. 3, as per data provided by major Chinese mining pool BTC.com. Bitcoin’s hashing difficulty algorithm is normally adjusted…
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This Year’s G20 Put an Emphasis on Cryptocurrency Regulation

Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1. International government officials, as well…
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Europe Leads the Way With Crypto Exchange-Traded Products

On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP). Exchange-traded products (ETP) are derivatively priced securities that…
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Ping An’s New Pitch for Blockchain: Shared Ledger, But Banks Keep Clients

Ping An, the Chinese insurance giant that built the eTradeFinance blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships. Frank Lu, head of the blockchain division of OneConnect, PingAn’s…
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American Tech Giant Intel Files New Patent for Energy-Efficient Bitcoin Mining

U.S. technology giant Intel has filed a new patent for “energy-efficient high-performance Bitcoin mining,” according to a U.S. Patent and Trademark Office (USPTO) filing published Nov. 27. The Intel patent is dedicated to a “hardware…
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Oil-Trading Blockchain Platform VAKT Launches With Shell, BP as First Users

Post trade management platform VAKT has launched its blockchain-based processing tool to an initial group of crude oil industry clients, a press release reports Nov. 29. VAKT, which uses JPMorgan’s Quorum blockchain technology to run, has…
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Trezor One Wallets Forgery Reveals New Techniques Used to Steal Crypto

The cryptocurrency wallets made by Trezor have long been considered a standard of the industry and have been trusted as a reliable cold storage of cryptocurrencies by large media, blockchain developers and crypto enthusiasts worldwide. The…