[ad_2][ad_1] Alfa-Bank, one of the largest private commercial banks in Russia, has joined a blockchain trade finance network supported by HSBC. According to an official announcement on November 3, Alfa-Bank is the first Russian bank to become a member of Contour, a blockchain platform that connects the world’s leading financial …
Read More »JPMorgan invites banks and fintechs to build on its revamped Blockchain network
[ad_2][ad_1] “Consider it the foundation of a corporate mainnet.” This is how Christine Moy, head of JPMorgan’s recently renamed Liink banking network, described her aspirations for decentralization in the realm of big business. The revamped Liink, which is based on a fork of Ethereum, is more of a “decentralized network,” …
Read More »LTC ready to shoot above $ 60 while network usage is skyrocketing
[ad_2][ad_1] LTC / USD has stabilized above a significant technical barrier. The metrics on the chain imply that the price is positioned for further growth. Litecoin (LTC) is the eighth largest digital asset with a current market capitalization of $ 3.8 billion and an average daily trading volume of $ …
Read More »Over 2,800 CoinList users contributed $ 54 million in Ethereum (ETH) which was blocked on the newly launched NuCypher core network
[ad_2][ad_1] The CoinList team confirms that on October 15, 2020 their friends of NuCypher they were able to launch their mainnet, bringing the NuCypher WorkLock period on CoinList to “a successful end”. CoinList noted that WorkLock participants were able to stake their Ethereum (ETH) directly and manage their nodes. They …
Read More »PayPal finally welcomes cryptocurrencies, including Bitcoin, Ethereum
[ad_2][ad_1] Top line PayPal has finally decided to embrace cryptocurrencies and will soon be offering its US customers the ability to buy, hold, sell and use various virtual currencies, having obtained a New York license that allows it to do so – a move long overdue by enthusiasts of cryptocurrencies, …
Read More »Mphasis and R3 collaborate to develop a blockchain-based payments and financing network for global supply chains
[ad_2][ad_1] NEW YORK, 20 October 2020 / PRNewswire / – Mphasis, an information technology (IT) solutions provider specializing in cloud is cognitive services, today announced its partnership with R3, a world-leading enterprise software company, to jointly create innovative blockchain-enabled payment solutions and bring them to market. Leveraging R3’s blockchain platform, …
Read More »Ethereum miners earned 450,000 ETH from high network fees during the DeFi peak
[ad_2][ad_1] The Ether miner’s (ETH) revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. Although the price of Ether has not increased significantly during this period, miners on the Ethereum network have seen their revenue increase due to the high fees. The miners …
Read More »Crypto Payment Network Becomes the 10th Member of Blockchain for Europe
[ad_2][ad_1] A crypto payments network has been unveiled as the 10th Blockchain member for Europe. Blockchain for Europe voted in favor of joining Electroneum, as their goal for financial inclusion has attracted the attention of crypto and blockchain experts around the world. The crypto project will now join other members …
Read More »ETH volumes exceed $ 119.5 billion in the third quarter – high-risk daps dominate the Tron network
[ad_2][ad_1] A recent report claims that total Dapps transaction volumes reached $ 125 billion in the third quarter of 2020, a figure that is $ 113 billion more than in the second quarter of 2020. From these volumes, the Ethereum blockchain accounts for 96% or $ 119.5 billion of the …
Read More »The Bitcoin network now consumes 7 energy-worthy nuclear power plants
[ad_2][ad_1] The SHA256 hashrate protecting the Bitcoin network has grown tremendously in recent years, as Bitcoin’s processing power hit an all-time high in 2020. Furthermore, the gigawatts of electricity consumption that power industrial bitcoin mining today consume up to seven nuclear power plants. Bitcoin mining is a process where groups …
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