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Ethereum Scaling and Gas-Free Transactions Arrive

[ad_1] Ethereum 2.0 is expected to launch within months, but new scaling solutions and gas-free transactions are already here. The network is also growing more popular, with the number of active wallets more than doubling since January to around half a million.Synthetix scales up optimisticallyThe developers behind the second-largest DeFi protocol, Synthetix, have partnered with Ethereum layer-2 research team Optimism to launch a demo deployment of Synthetix Exchange on the
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Craig Wright Accused of Plagiarism Again

[ad_1] The man who claims to have written the Bitcoin whitepaper has been accused of committing plagiarism again, this time in his doctoral thesis.PaintedFrog, the pseudonymous writer who previously accused Dr. Craig Wright of plagiarizing his 2008 law degree dissertation for Northumbria University, has posted his analysis of Wright’s 2017 PhD thesis from Charles Sturt University (CSU).The blogger posted purported screenshots of Wright’s thesis, “The Quantification of Information Systems Risk:
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Blockstream’s Satellite Network Now 25X Faster

[ad_1] Blockstream has just upgraded their satellite network that carries the Bitcoin blockchain for the first time in almost two years. The data rate is now 25 times faster and users can sync an entire node without connecting to the web.The Blockstream satellite service provides internet-free Bitcoin (BTC) transactions and information sharing to crypto users in nearly every corner of the world. The company has leased six geostationary satellites which
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Bitcoin’s Order Book Is Stacked With Bids: Here’s What That Means for BTC

[ad_1] Bitcoin has seen an influx of buying pressure over the past few weeks. This much has been made clear from the cryptocurrency’s 130%+ recovery from the lows. While BTC has stalled since reaching $9,500 last week, data indicates that there is still market demand for crypto. This indicates that Bitcoin remains in an uptrend, making $9,500 just another pitstop before higher highs. Bitcoin’s Orderbook Shows Massive Buying Demand According
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Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis

[ad_1] The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin machines in April. Hundreds of Bitcoin ATM Locations Added in April Many bitcoin automatic teller machines (ATMs) were installed across the
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Former Bank of China President Says Digital Yuan Can Replace Cash

[ad_1] Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are met. The central bank digital yuan is currently in the test phrase and is generating excitement among Chinese internet users. Searches on the impact of the digital yuan and cryptocurrency in general has skyrocketed in recent times.  Lihui gave a live streaming
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New Breed of Ransomware Threatens to Expose Victoria’s Secrets

[ad_1] A series of ransomware attacks over the past week affected medical care, hundreds of thousands of parcel deliveries during the pandemic — and even a lingerie manufacturer. Attackers are threatening to leak sensitive data if companies fail to make the required payments.ITNews reported that the Australian logistics giant Toll Group suffered its second ransomware attack so far this year, with a type of ransomware known as “Nefilim.”Toll Group had
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Comparison of Bitcoin to Other Markets Shows Just How Early Investors Truly Are

[ad_1] Bitcoin has seen unprecedented growth throughout the past decade, but as a market it is still incredibly small A visual comparison of BTC’s market size as compared to that of other assets and markets elucidates just how much room for growth there truly is This comes as analysts foresee a growing confluence of factors that could help propel the cryptocurrency significantly higher in the months and years ahead Bitcoin’s
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Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO

[ad_1] Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.” The cryptocurrency entrepreneur analyzed bitcoin’s year-to-date performance against gold, oil, and private equity financing.
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Bitcoin’s Halving Incentivizes Miners to Sell for Double, Decred Co-Founder Says

[ad_1] Decred co-founder and project lead Jake Yocom-Piatt predicts that the coming reduction in Bitcoin's (BTC) mining payout will have miners upping prices."Since the Bitcoin halving means that miners will receive half as many Bitcoins for the same amount of work, this doubles the unforgeable costliness of creating Bitcoin," Yocom-Piatt told Cointelegraph in a May 1 email, adding:"Miners’ costs are effectively fixed, so to maintain the same profit margins, they are incentivized to double