Category: "bitcoin"

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The New Federal Reserve Report: Tokenization and its Financial Stability Implications

Tokenization is rapidly reshaping the financial landscape. As of May 2023, the market value of tokenized assets on permissionless blockchains stands at a whopping $2.15 billion. This includes tokens from decentralized protocols like Centrifuge and traditional giants such as Paxos Trust. But with such a vast and varied landscape, tracking these assets becomes a challenge. […]

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OpenSea: The Digital Marketplace Revolutionizing NFT Trading

OpenSea, the largest platform for trading non-fungible tokens (NFTs), has become the go-to marketplace for most NFT transactions. This article delves into the intricacies of OpenSea, its offerings, functionalities, and its rise to prominence in the digital world. [mini-contact-form] What is OpenSea? OpenSea stands as the premier NFT marketplace built on the Ethereum blockchain platform. […]

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Goshen Network Introduces Bitcoin EVM Layer, Paving the Way for Blockchain Innovation

Goshen Network, a premier blockchain platform, announces the launch of its game-changing Bitcoin EVM layer. This ground-breaking technology combines the Ethereum Virtual Machine (EVM) with Bitcoin’s strong network, creating new opportunities for blockchain development and interoperability. [mini-contact-form] Acceptance of Ethereum Compatibility One of the many advantages of Goshen’s Bitcoin EVM layer is its easy interoperability […]

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Bitcoin in 2023: Roaring Back with a Vengeance

In the world of cryptocurrency, nothing says resilience like Bitcoin in 2023. The digital currency has brushed off its critics from 2022, returning stronger and steadier than before, exhibiting a massive year-to-date gain of over 60%. With premature celebratory exclamations of its death now silent, here are three reasons behind Bitcoin’s triumphant comeback in 2023. […]

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Stablecoins: The Future of Cryptocurrency Ecosystems

Stablecoins, the digital currencies pegged to a stable asset like the US dollar, are increasingly becoming the cornerstone of the cryptocurrency ecosystem. This article delves into the role of stablecoins in the crypto market, their potential for growth, and how they are shaping the future of digital finance. [mini-contact-form] Stablecoins are gaining traction as a […]

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Japanese Metaverse: Prime Minister Kishida Takes Center Stage at NeXTech Week

The Japanese metaverse has become the center of attention as Japan’s Prime Minister, Fumio Kishida, champions Web3 technology and its vast potential. This focus was evident during NeXTech Week, held from May 10 to 12 in 2023. Major corporations such as Fujitsu and Mitsubishi demonstrated their support for innovations like AI, DX human resource development, […]

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Cardano Advances: Valentine Upgrade and Swift P2P Nodes Boost Blockchain Progress

Cardano, a prominent blockchain network, has made significant strides in the realms of interoperability, scalability, and sustainability since the beginning of 2023. InputOutput, the organization behind Cardano, recently detailed the network’s impressive improvements in a blog post. These advancements, both subtle and impactful, have solidified Cardano’s position as a third-generation blockchain. [mini-contact-form] The Valentine Upgrade: […]

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Blockchain Innovation in China: National Blockchain Technology Innovation Center Officially Opens

The National Blockchain Technology Innovation Center, spearheaded by the Beijing Microcore Blockchain and Edge Computing Research Institute, has officially commenced operations. With the Ministry of Science and Technology’s approval, the center is primed to become an integral part of China’s strategic blockchain technology push, aiming to conquer key core technologies and accelerate industrialization. [mini-contact-form] Collaborative […]

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HMRC Explores New Powers to Seize Cryptocurrency from Tax Noncompliant Businesses

His Majesty’s Revenue and Customs (HMRC) is contemplating the introduction of new rules that would enable it to confiscate cryptocurrency from businesses that fail to pay their taxes. The government is currently reviewing proposals that would grant the tax agency powers to access online wallets, as part of its plans to modernize how tax is […]

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Sui Mainnet Launch: New Blockchain Rivaling Avalanche, Solana, and Polygon

Sui Mainnet, developed by former Meta employees, has made headlines with its recent launch. As a Layer-1 blockchain, it boasts a proof-of-stake consensus model and was programmed in the Move language originally intended for Meta’s now-scrapped Diem project. The blockchain’s eponymous governance token, SUI, is currently trading at $1.30, resulting in a fully diluted valuation […]