Technology

Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade

<div class=”featured_image_container”> </div> <strong>According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around …

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Taproot Lock-in Achieved — Bitcoin Network Set to Activate Biggest Upgrade in Four Years

<div class=”featured_image_container”> </div> <strong>The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool.</strong> Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November …

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How artificial intelligence can enhance blockchain platforms

Artificial intelligence and blockchain are both touted as technologies that will lead our future. But here’s the problem: They’re like oil and water. While innovative in their own right, there’s a noticeable lack of interconnectedness — projects that tightly combine AI and blockchain, unleashing the full potential of both emerging technologies.  Technical hurdles have been …

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Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin

<div class=”featured_image_container”> </div> <strong>On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative in regard to recent environmental concerns over proof-of-work (PoW). </strong> Veriblock to Secure Dogecoin via …

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Bank of Korea Seeking Technology to Develop Digital Currency

<div class=”featured_image_container”> </div> <strong>South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic cryptocurrency exchanges. </strong> Central Bank of …

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Promising Integrations Join the Polkadot Ecosystem

<div class=”featured_image_container”> </div> <strong>As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0.</strong> Value-Driven Integrations to Overcome Traditional Digital Obstacles As excitement over Polkadot’s forthcoming launch heats …

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There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion

<div class=”featured_image_container”> </div> <strong>For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain.</strong> Layer 2 and Sidechain Competitors Command $251 Million …

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Polkadot announces Kusama is ‘finally ready to host parachains’

Kusama, sister chain to Polkadot’s platform, is ready for the rollout of parachains on the network. Polkadot and Kusama creator Gavin Wood today said in a blog post that Polkadot was entering the fourth and final phase of its mainnet launch, which involves deploying parachains to the Kusama network. According to Wood, the development arm …

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Bitcoin Cash Upgrades Successfully: Network Works as Intended

<div class=”featured_image_container”> </div> <strong>On May 15, the Bitcoin Cash upgrade was applied successfully to the blockchain, bringing a slew of features directed toward improving the overall experience of users. This particular upgrade marks the start of a new upgrade schedule that will allow developers to invest more time in testing new features added to the …

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Literally to the moon — SpaceX payload funded by DOGE plans to reach lunar orbit in 2022

Canada-based manufacturing and logistics firm Geometric Energy Corporation will be launching a Dogecoin-funded payload on one of SpaceX’s first rockets to the moon. In a Sunday announcement from Geometric Energy Corporation, the company said its commercial satellite could be traveling to the moon as early as the first quarter of 2022 aboard the SpaceX Falcon …

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