Event Recap
Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins.
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Transactions News
A Bitcoin transaction occurs when data has been verified and collected into a block within the Bitcoin network. It basically consists of links to previous transactions and assigns every certain number of Bitcoins its public key named Bitcoin address. Since nothing is encrypted in the Bitcoin system, access to this information remains open. Navigating completed transactions in the blockchain is possible with Block Explorers. Block Explorers are necessary for identifying technical features and checking the payment status. The main advantages of cryptocurrency transactions compared to traditional, fiat-money transfers include the high speed of the payment processor, low fees, a variety of payment services, no mediators, decentralization, a low risk of making a mistake, and peer-to-peer interaction.
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Brian Armstrong expects other revenue streams to take the lead in five or 10 years.
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IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
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The Sveriges Riksbank said that CBDC technology still requires further investigation.
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One of the largest NFT platforms on Binance Smart Chain has predicted this blockchain will overtake Ethereum as the biggest destination for nonfungible tokens.
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The digital yuan continues to develop apace.
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Optimistic Rollups are touted as the savior of Ethereum’s scalability woes, but one project warns that many of the most popular solutions have “significant issues.”
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Consistently full blocks are the primary reason that gas prices have reached all-time highs.
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Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity.
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Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees.
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One of the world's largest cryptocurrency exchanges is further expanding into the payments sector.
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"If we sell another 6,556,000,000 DOGE worth of Mavs merch, Dogecoin will definitely hit $1," said the Dallas Mavericks owner.
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On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees.
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A decentralized ecosystem that secures everything from identities to transactions has announced that the total supply of its native token is decreasing following a community vote.
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A scalable blockchain allows anyone to create custom tokens, offers fast payments, and delivers cutting-edge privacy through a partnership with another crypto project.
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