[ad_2][ad_1] The controversial Ethereum Improvement Proposal (EIP) 1559 would have burned 970,000 Ether (ETH) – worth a total of $ 360 million – in the past year, had it been implemented. EIP-1559 seeks to reduce transaction fees by introducing flat rate fees along with a burn mechanism, The results, based …
Read More »RippleNet has processed over 2 million transactions
[ad_2][ad_1] Ripple CTO, David Schwartz, claims to have a significant amount of funds invested in some cryptocurrencies usually referred to as shitcoin. He said this in a recent post on Quora, answering a generic question asking if anyone had lost funds by trading cryptocurrencies. Ripple’s CTO further revealed that the …
Read More »WISeKey’s watch birth certificate on blockchain already secures over 2.5 million luxury Swiss watches Swiss Exchange: WIHN
[ad_2][ad_1] The WISeKey watch birth certificate on the blockchain already guarantees over 2.5 million Swiss luxury watches Geneva, Switzerland – October 16, 2020 – WISeKey International Holding Ltd (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity company, announced today that it is one of the first cybersecurity companies in the …
Read More »Ripple donates $ 10 million to Mercy Corps at Swell’s annual conference
[ad_2][ad_1] During the annual Swell conference, Ripple announced a $ 10 million grant to Mercy Corps to help it use digital assets in its work on developing financial inclusion in emerging markets. Mercy Corps is a non-governmental humanitarian aid organization that aims to create economic opportunities in countries where the …
Read More »Why did the Twitter owner’s payments company buy Bitcoin worth $ 50 million?
[ad_2][ad_1] Bitcoin is the largest cryptocurrency in the world in terms of market capitalization and trading volume, according to cryptocurrency tracking site CoinMarketCap. (Sign up for our Today’s Cache newsletter for a quick snapshot of the top 5 tech stories. Click here to sign up for free.) Jack Dorsey’s Square …
Read More »A large entity transfers Ethereum worth $ 75 million
[ad_2][ad_1] Bitcoin owners are definitely smiling at the bank amid the high buying pressure recently seen in the world’s flagship crypto market. The number of Bitcoin holders in profit is record, as data recovered by Glassnode, a crypto analytics firm, has shown. Bitcoin $ BTC Percent Addresses in Profit (1d …
Read More »Ethereum whales transfer over $ 50 million worth of Ether to Uniswap
[ad_2][ad_1] Tyler and Cameron Winklevoss, the co-founder of a major American cryptocurrency exchange now a billionaire, thanks to the surge in Bitcoin prices. The brothers had previously bought $ 11 million worth of Bitcoin in 2013, according to the New York Times, and soon became crypto-evangelists, building the cryptocurrency exchange …
Read More »Square buys $ 50 million in bitcoin, says cryptocurrency “ aligns with the company’s purpose ”
[ad_2][ad_1] Omar Marques | LightRocket | Getty Images Payment company Square is buying a large block of bitcoin, an unusual use of corporate cash. Square said Thursday that it bought 4,709 bitcoins, worth around $ 50 million. This represents about 1% of Square’s total assets at the end of the …
Read More »So far, China’s digital currency has been used in 3 million transactions worth over one billion yuan
[ad_2][ad_1] The digital currency of China’s central bank has been used in 3.13 million transactions worth about 1.1 billion yuan ($ 162 million) so far, the deputy governor of the People’s Bank of China reported. In addition, more than 122,000 digital wallets have been created. “Positive progress” of the digital …
Read More »Tron Whale transfers TRX 306 million
[ad_2][ad_1] A newly developed cryptography is currently gaining waves with the help of the world’s largest crypto exchange Binance. A few days ago the decentralized music streaming platform Audius (AUDIO) launched its encryption. The coin was trading as low as $ 0.04 on launch day, according to Coinmarketcap. READ: Crypto: …
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