Disclaimer: This is a sponsored post and does not represent any investment or financial advice. Make sure to do your own research. Japan’s status as a crypto and blockchain hub is well-known thanks to its forward-thinking financial strategy. These policies are likely to modify in the short-term future, as the country’s current Prime Minister, Shinzo Abe,…
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Strong possibility of China testing the Digital Renminbi beyond its borders in Hong Kong and Macau, according to Andy Mukherjee a Bloomberg opinion columnist. The Chinese government's plans to test the digital CBDC is an active effort to provide a system that will bypass the U.S. Sanctions for officials. These rumors were already denied through the…
Soon after the first iteration of YAM.Finance broke down to a grinding halt because of too much YAM production earlier today, everybody thought that it was over. Little did we know that the developer, Brock Elmore was not really ready to call it quits, as he announced YAM 2.0 together with an update about the current…
Ethereum gas fees have been on the rise, from a standard 24-36gwei last year, to 300+ gwei right now. The reason behind this massive growth is rooted in the overwhelming interest in yield-farming and entering complex financial positions. Most of the smart contracts that run swaps are relatively cheap, usually using a 150,000 gas limit.…
Crypto Twitter is buzzing with activity and banter between BTC and ETH maximalists, with members on both sides of the spectrum poking and prodding at each other in an effort to claim "victory" as to be seen as the cause of this bull run. https://twitter.com/bennd77/status/1291953192624955392 Fueled by the lack of great defense on the ETH side, especially…
Following the 4 year anniversary of the 120k BTC theft, Bitfinex has published a reward of up to $400 million USD for the recovery of the lost assets. The value of these assets today would be $1.34 billion USD, with the reward representing 30% of the total amount. Interestingly, this offer is also extended to the hackers…
When Satoshi Nakamoto published the groundbreaking Bitcoin whitepaper in 2008, it obtained much fanfare amongst the cypherpunk community. A pre-programmed step ensures the limited supply of 21 Million BTC will certainly decrease its supply entering the market via a scheduled quadrennial block incentive halving, called The Halvening. Fast forward to 2020, the decentralized digital money…
Disclaimer: This is an update from the editorial team to our readers. In our efforts to generate a vocal community we are going to need help. This is where you, a potentially loyal reader of crypto-news.net come in the picture. This article will take you 5 minutes to read and your participation will influence the…
Information leaked to Bloomberg suggests that China is preparing for the first real test for the state-sanctioned digital currency via the Didi Chuxing app, an Uber-equivalent in China. The ride-hailing application is integrating the digital yuan as a payment method, enabling citizens to use DRMB to pay for rides and potentially more in the future, according…
Over the past 30 days, miners have been coming back to BTC in troves, and on Jul. 8, broke the all time record of 126 Exahashes. One reason behind the spike is the implementation of the latest mining hardware as a response to the increased difficulty-to-reward ratio caused by the halving event in May. Newer…