Monthly Archives: May 2020

Prysm Ethereum 2.0 Testnet Surpasses 300,000 Slots, 32.35 ETH Staked on Average

Some 1.2 million eth is currently being staked on a testnet run by Prysmatic Labs called Topaz.

That’s after surpassing 300,000 slots, with a slot being a block although if no block is found the slot can be empty, leading to nearly 10,000 epochs. An epoch being 32 slots, or about 6.4 minutes, so this …

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CoinMarketCap Upgrades Ranking System for Cryptocurrency Trading Pairs. Here’s What’s New

According to a blog post, leading cryptocurrency data website CoinMarketCap has unveiled a new ranking system for its market pairs.

Each out of thousands of trading pairs listed on CMC will be assigned a score based on such factors as volume, liquidity, and website traffic.

Instilling confidence in traders
CMC explains that in order …

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Russia’s Biggest Bank Is Buying 5,000 Blockchain ATMs That Can Mine Crypto

Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs … that are capable of mining cryptocurrency.

Russia’s largest bank, Sberbank, has called for tenders to provide 4,917 ATMs with a built-in graphic card capable of supporting “blockchain operations”.

Cointelegraph spoke with two experts who said the most obvious use case for …

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Ethereum’s Vitalik: We Need an Alternative to Centralized Social Media

Vitalik Buterin believes we need alternative social media platforms following Twitter’s move to label President Trump’s tweets.

Ethereum’s Vitalik: We Need an Alternative to Centralized Social Media 10
In brief:

Ethereum’s Co-Founder, Vitalik Buterin, believes it is time for alternatives to centralized social media.
His remarks were in response to the recent decision by Twitter to flag some …

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Bitcoin whales restart accumulation spree in anticipation of short-term top

Three halvings and numerous rallies and pullbacks later, Bitcoin, at the time of writing, was still trading lower than its all-time high price which was closer to $20,000. Despite the cryptocurrency losing such altitude, investors have continued to buy the world’s largest cryptocurrency. This was evidenced by the latest chart from the crypto-analytics platform, …

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Stablecoins Could Transfer Value Across Blockchains, Says Vitalik Buterin

Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges.

Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains.

In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains:

“In the …

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Goldman Sachs to Host Conference Call on Crisis, Crypto, and Inflation

Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation.

Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.

On May 23, Mike Dundas, the founder of crypto media outlet …

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Ripple Triggers Crypto Whale Alert, Moving 50,000,000 XRP in Single Transaction

Traders are tracking a large crypto movement from Ripple, which sent 50 million XRP from one of its wallets to a separate wallet of unknown origin.

Ripple routinely moves one billion XRP in and out of escrow each month, making the funds available to sell to third-parties.

This recent transfer sent XRP from a known funding …

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Where Are the Bitcoin Pizza Coins Now?

Approximately 10 years ago, someone paid 10,000 Bitcoin for two pizzas, but what happened to those coins after the purchase? Coinfirm has found out.

Today marks the 10th anniversary of Bitcoin’s first official commercial purchase. On May 22, 2010, programmer Laszlo Hanyecz completed the first documented commercial Bitcoin purchase, paying 10,000 for two Papa John’s …

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CoinMarketCap Gets Ready to Play Cat and Mouse Games With Exchanges

Exchange and cryptocurrency price aggregator CoinMarketCap is introducing new measures to combat fake volumes as part of a continuous iterative approach.

CoinMarketCap has announced a new, iterative approach to provide credible exchange rankings following extensive community feedback and criticism.

As part of an announcement made on May 13, the cryptocurrency price aggregator is set to implement …

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