Monthly Archives: June 2020

Ethereum 2.0: The Choice Between One’s Own Node and a Staking Service

While a minimum stake of 32 ETH is needed to become a validator on Ethereum 2.0, staking pools and services make the participation possible for everyone. As the Ethereum 2.0 upgrade approaches, users have been showing an increasing interest in the staking process, which would allow them to make a passive income by validating the new network. This is evidenced by the growing number of Ether (ETH) wallets and ETH deposits on cryptocurrency exchanges. According to a recent report published by analytical company Arcane Research, the number […]

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Driven by Financial Institutions, Stablecoin Acceptance Turns a Corner

Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone. Major financial institutions love certainty, and that will help the crypto community immensely. Let’s get down to basics: A stablecoin is a type of digital asset designed to solve the problem of the hypervolatility of cryptocurrencies. This year is an exciting time for stablecoins as interest among financial institutions picks up speed. For example, Wisdomtree, a regulated money manager, has made plans to launch a stablecoin as an extension […]

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Blockchain Can Disrupt Higher Education Today, Global Labor Market Tomorrow

Blockchain can play its part in the education sector — record-keeping in 2–3 years and then adoption by the labor market? In the post-pandemic world, individuals will need to seize ownership and control of their educational credentials — documents like degrees and transcripts — from schools, universities and governments. That notion received key support last week from the American Council on Education in a study funded by the United States Department of Education focusing on the use of blockchain in higher education. “Blockchain, in particular, holds promise […]

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ChainLink Price Oracles Dominate DeFi Data-Feeds Amid KyberSwap Integration

Chainlink’s price oracles are quickly emerging as the industry-standard data source for the DeFi sector, with top project Kyber Network integrating the price feeds for its token swaps. Chainlink’s price oracles are continuing to see widespread adoption among decentralized finance, or DeFI, protocols, with Kyber Network (KNC) integrating the price feeds on its KyberSwap token swap service on June 12. KyberSwap is at least the third DeFi platform to integrate Chainlink’s price data this month, signposting Chainlink’s increasing dominance over the niche market. Price references displayed for […]

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Five Wanted For Indian Crypto Scam Operating Since 2017

Five individuals have been identified by Indian police as likely involved with a crypto investment scam that has operated since 2017. Indian police have registered a case against five individuals suspected of involvement in a cryptocurrency scam that has defrauded investors since 2017. Despite operating for several years, the scammers are only believed to have made away with a modest bounty of roughly $34,200. The group is believed to have solely operated in the Maharashtra state’s district of Palghar. Indian police target multi-year scam On June 13, […]

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Spacex Bitcoin Scam Features BTC Giveaway, Elon Musk, and NASA Launch

A Spacex bitcoin scam has frequently appeared on Youtube, claiming to give away BTC. Its promo video features the recent Spacex launch with two NASA astronauts and an interview with Spacex and Tesla CEO Elon Musk. The scammers claim that anyone sending bitcoin to them will be “airdropped” twice the amount sent. Spacex Bitcoin Scam: Elon Musk’s BTC Giveaway A bitcoin scam claiming that Spacex and its CEO, Elon Musk, are giving away bitcoin has been growing more common. Videos advertising that Spacex and Musk are giving […]

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Developer Activity Surrounding Eos, Tron, and Bitcoin Cash Plummets

While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase. A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer Report for the second quarter of 2020, the firm notes that development fell by half for top markets Bitcoin Cash (BCH), Eos (EOS), and Tron Tron (TRX). Despite the retraction in building, […]

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Ayn Rand: Francisco d’Anconia’s Speech on Money

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value.” **The following speech, as spoken by the fictional character Francisco d’Anconia, and was written by the popular […]

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