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Ripple Uses Crypto Mom’s Criticism Of SEC For Its Defence
The long-running legal battle between Ripple and the Securities Exchange Commission (SEC) is heating up. Ripple is now asking the court to consider remarks made by Hester Peirce that the SEC hadn’t done enough to regulate cryptos. The SEC has hit back by saying that a commissioner’s statement did not give a company grounds to flout securities laws. Read More
Polygon Announces The Arrival Of IDEX, The Hybrid Liquidity DEX
Polygon has just announced that Hybrid Liquidity DEX, IDEX is coming to Polygon. IDEX was launched in 2017 and is among the oldest decentralized exchanges and DeFi projects. IDEX was the #1 decentralized exchange between 2018 and 2020 and is considered the OG in DeFi. Read More
Bitcoin mining is becoming vastly more decentralized in 2021
Bitcoin (BTC) has become considerably more decentralized in the past year, one metric suggests — and the trend is growing.
According to data from on-chain data resource Blockchain, hash rate distribution is increasingly favoring small, unknown miners. Read More
‘Undo Button’ developer Kirobo launching decentralized P2P token swaps
Israeli blockchain tech developer Kirobo is set to launch a P2P token swap solution it claims is cheaper than using exchanges and over-the-counter parties.
According to the company the protocol, dubbed “Atomic Safe Swap,” offers a decentralized peer-to-peer trading alternative to centralized marketplace exchanges or over-the-counter (OTC) desks, and is set to launch on July 27. The service is built on Ethereum and supports Ether (ETH) and ERC-20 tokens. Read More
Reddit Taps Layer-2 Solution to Scale Its Ethereum-Based Tokens
The introduction of Arbitrum roll-ups should help “bring Ethereum to Reddit-scale production,” the platform’s team noted.
Reddit developers pivoted to Arbitrum rollups to scale the platform's community tokens.
After trying it out on the Rinkeby testnet, the team will deploy the solution on Ethereum's mainnet. Read More
Ethereum Transition to ETH2 Gets a Formal Improvement Proposal
EIP-3675 puts the network one step closer to Ethereum 2.0. That doesn't mean it's coming right away.
Ethereum developers have long been planning to transition the blockchain to a more energy-efficient, secure, and scalable network.
They now have an official Ethereum Improvement Proposal to work with. Read More
How Ethereum Miners Could Exploit the Network and How to Fix It
Ethereum 2.0 could snuff out intentional blockchain reorgs, one form of MEV.
MEV refers to the way in which Ethereum miners order user transactions to maximize their income.
The pursuit of MEV could lead to blockchain reorgs, thereby destabilizing consensus.
Vitalik Buterin thinks the theoretical threat will soon dissipate. Read More
Sotheby’s to Auction Never-Before-Seen Muhammad Ali Artwork NFT
On Friday, coinciding with the Summer Olympics opening ceremony, Muhammad Ali Enterprises and the fine auction house Sotheby’s will be auctioning a non-fungible token (NFT) that features a never-before-seen piece of original artwork created by Muhammad Ali. According to the announcement the digitized NFT artwork depicts Ali’s interpretation of the infamous 1971 ‘Fight of the Century.’ Read More
The Multi-Dimensional Communication Hub - Personal Branding For You and Your Business
Your profile and Bio page is the place to start upon joining Markethive and a perfect way to introduce and brand yourself. It is a multi-dimensional Communication Hub, where you access your blog posts, groups, videos, and tracking statistics. It also displays your badges and hive rank achievements, and your friends are all central to your profile.
On a side note, there is no limit to the size of your friends' database. In other words, you can have an unlimited number of friends, unlike other social networks where they are capped at 5000.
Your profile page settings are where you access your Social network connectivity hub, Hive Rank statistics, The Vault, Banner Advertising, and very important, where you create and edit your Bio.
Your profile can be public, meaning everyone can view it. Also, when someone goes to your profile page, your BIO page is what they land on first, providing you have created one. They can then navigate to your “Recent Activity” page to see what you’re posting. Read More
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by the end of this year. Read More
Will Ethereum Become the Deflationary Asset of the Decade?
Much has been touted about Ethereum’s EIP-1559 update. Many claim it is the answer we’ve been waiting for in terms of reducing congestion and exorbitant gas fees. Others claim the update will turn Ethereum from an inflationary asset into a deflationary asset and could even help it ‘flip’ Bitcoin in the process. I’ve even heard that it will actually benefit miners. Read More
Blockchain Technology Partners raises £2 million for distributed ledgers tech
Enterprise blockchain firm Blockchain Technology Partners (BTP) has closed a seed round of £2 million.
BTP was founded in 2018 with the mission to bring the benefits of distributed ledger technology to business. BTP enables organizations to build multiparty applications by taking care of the underlying technology infrastructure. The company’s flagship offering, Sextant, radically simplifies the deployment and management of enterprise blockchain infrastructure. Read More
Planned ASX blockchain upgrade is costing its members millions
The Australian Securities Exchange’s (ASX) upgrade to distributed ledger technology is costing members millions of dollars, according to Judith Fox, CEO of the Stockbrokers and Financial Advisers Association (SAFAA).
Australia’s largest exchange and seventh in terms of global turnover, the ASX is looking to overhaul its outdated Clearing House Electronic Sub register System (CHESS) with a blockchain-based system, designed to speed up clearing and settlement. Read More
BlockFi Fights Regulatory Fire in 3 US States; Reportedly Wants to Go Public
More state regulators are beginning to follow suit with New Jersey after the state Attorney General last week was reported to have served BlockFi, a leading American crypto lending firm, with a cease and desist order: Alabama and Texas have dished out similar orders. But it looks like the regulators’ actions have not yet derailed the company’s possible plans to go public. Read More
Ethereum 2.0 Chain Merge Proposal Gets Formal Approval
The Ethereum Improvement Proposal (EIP) that deals with the merging of the two chains in the network’s transition to proof-of-stake has been formally launched.
ConsenSys researcher Mikhail Kalinin created a pull request for EIP-3675 on Github on July 22. The move formally initiates the process of upgrading the Ethereum network from its current proof-of-work chain to the highly anticipated proof-of-stake consensus mechanism. Read More
Polygon Onboards New Partner to Offer USDC Token to Millions of Customers
Ethereum’s second-layers solution Polygon is on a partnership spree. The latest one to team up with the scaling protocol is the leading fiat-to-crypto and payment infrastructure company, Wyre. Read More
Reddit to Deploy Layer 2 Solution Arbitrum to Scale Two Tokens Based on Ethereum
Reddit forum made an announcement on Thursday saying that Reddit is ready to deploy 2 scaling solutions Arbitrum in a bid to move the tokens from the testnet to the main Ethereum blockchain via Arbitrum. It will be upgrading its Community Points, the crypto tokens that are used as rewards in two of its subreddits. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
