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Coinbase leads in mergers and takeovers of blockchain sphere

Coinbase leads in mergers and takeovers of blockchain sphere

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According to a study by The Block, since 2013, 129 mergers and acquisitions (M&A) have been completed in the blockchain industry for a total of about $ 2.9 billion. Cryptocurrency exchanges lead to M&A. Coinbase conducted 16, and Binance and Kraken - 10 such transactions. Except for the...

Changpeng Zhao

Changpeng Zhao told about the latest update of Binance

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Binance CEO Changpeng Zhao on Twitter announced the completion of the next cryptocurrency exchange software update. According to him, the trading platform has experienced the most comprehensive update in the last two years. The platform’s productivity has grown ten times, and now traders can...

Matter labs

Matter Labs launches zkSync, Ethereum network scaling tool

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Startup Matter Labs has announced the launch of a Level 2 solution for scaling the Ethereum network. A tool called zkSync developed based on zkRollup technology, can process up to 2000 transactions per second. In comparison, the Ethereum blockchain currently processes an average of 15 transactions...

Prison

Founder of Centra Tech sentenced to 7 years in prison

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The US Federal Court in Manhattan sentenced the founder of a fraudulent ICO worth $25 million to 87 months in prison and a fine of $250,000. On June 16, the founder of the cryptocurrency firm Centra Tech, Robert Farkas, who organized the ICO, pleaded guilty to conspiracy to commit securities fraud....

EOS

EOS ecosystem is rapidly losing developers

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Over the past year, the number of developers launching EOS-based applications has fallen by about 85%. That is the conclusion reached by researchers from Outlier Ventures. Recall that Block.One, a key developer of EOS, was able to raise $ 4 billion during the ICO. During its work, its specialists...

Bitmain

Bitmain confrontation ruins supply of ASIC miners to clients

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After taking over Beijing's Bitmain office, the removed CEO Mikri Zhang regained control of it and even blocked the supply of ASIC miners from the Shenzhen plant. According to the Chinese publication BlockBeats, Zhang has issued an order that prohibits employees from sending products to Bitmain...

Busan

Busan provides access to public services via blockchain app

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Busan, the second-largest South Korean city, will provide residents with access to public services through a blockchain identification application from Coinplug. Korean startup Coinplug is still working within the framework of the so-called regulatory sandbox, organized by local authorities. The...

Coinbase

Reason for Coinbase failures was a 5-fold rise in traffic

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Coinbase, the largest cryptocurrency exchange in the United States, said that its systems could not cope with a huge surge in traffic amid the rapid rise in bitcoin prices to $ 10,000 in early June. In a Coinbase blog post published on June 6, it said that the exchange experienced a 5-fold surge in...

Moscow voting blokcchain

Russia: voting on constitution will take place on blockchain

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Moscow authorities have opened an entry to participate in online voting on constitutional amendments. The transparency of the vote will be ensured by the blockchain, the capital’s mayor’s website says. Voting will last from June 25 to 30. The message indicates that the blockchain will ensure...

Mining pool

Amount of computing power brought Binance pool to 11th line

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In April, the mining pool owned by the Binance team began work. The first block in the BTC network it got on April 24. That was announced by the head of the trading platform, Changpen Zhao. On the eve of Twitter, he posted a post in which he noted that Binance Pool took eighth place in the ranking...

Revolut fires employees

Revolut employees told about wave of layoffs under pressure

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More than 50 Revolut fintech startup employees have lost their jobs. The company invited them to either write a letter of resignation by agreement of the parties with the payment of a small compensation or to be dismissed for unsatisfactory work, reports Wired. Layoffs affected Revolut employees...

Splinterlands migrated to Hive

Hive overtakes Steem after Splinterlands app migration

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Splinterlands, the largest decentralized app on the Steem blockchain, migrated to the Hive network. This allowed the “rebel” platform to overtake its predecessor for the first time in terms of the number of transactions and the market value of the token. The Hive network was formed on March 23...

Civil startup closed

Civil blockchain startup announces closure

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A journalistic blockchain startup from New York Civil announced the closure after four years of operation. This was reported on the project website. According to CEO of Civil Matthew Iles, the company created an innovative product, but later it turned out that the project could not support itself...

Brave browser

Brave launches encrypted video calls for users

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The Brave cryptocurrency confidential browser implemented the video call option adopting end-to-end encryption. This new service called Brave Together can be applied to make an infinite number of encrypted video conferences for two members. Brave users do not need to register to use this tool. The...

Novi

Facebook Calibra wallet is now called Novi

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The Calibra wallet has been renamed Novi and transferred to the management of its subsidiary Facebook - Novi Financial. A Novi Financial's statement said that the name Novi was coined as a fusion of the Latin words “Novus” (“new”) and “via” (“path”), and the visual design of the...

Gemini exchange Samsung

Gemini exchange to integrate with Samsung blockchain wallet

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Samsung’s South Korean technology conglomerate integrates the custodial and trading service of the Gemini BTC exchange into a blockchain wallet. Users through the application will be able to buy, sell, exchange, and store digital assets. Tyler Winklevoss, one of the co-founders of Gemini, said...

Bitfury

Bitfury will launch an investment program in mining centers

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Bitfury has announced the launch of an investment program for large investors, which offers them alternative access to bitcoin through the company's mining data centers. The company offers to invest in data centers settled in Canada, Norway, Iceland, and Central Asia. The program is touted as...

Tencent blockchain investment

Tencent will direct $70 billion to develop blockchain and IT

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Chinese Internet giant Tencent is going to allocate 500 billion yuan ($70 billion) for about five years to develop IT infrastructure. It is reported by Reuters. The funds will go towards the implementation of cybersecurity, AI, and cloud computing. Other spheres include blockchain, data centers,...

Blockchain is an extremely popular technology nowadays. Back in 1991, Nick Szabo has described the tech but did not find a way to bring it to life. Two decades later, in 2009, mysterious Satoshi Nakamoto realized Szabo's idea, and blockchain had become the basis of the famous Bitcoin.

And what do we have today? A system that gathers all the cryptocurrencies, that is changing the banking system and brings modifications to our everyday life. P2P transactions, distributed ledgers, and many other technical features are becoming a part of financial systems. Democratic governments are implementing blockchain in more and more fields of public administration, and this is just the tip of the iceberg. And that is the reason to become aware of these innovations.

Our platform will provide you with the latest blockchain news, will notify you about upcoming events, and give you some practical information, which will surely be useful.

It doesn’t matter you are a technical person or not if you are here on Blockchain Today, keep reading our news, be aware of the latest updates in the industry, discuss the articles with the community members, and don’t forget to find us on social media!