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Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billion

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Coinbase shares closed at $328.28 in their Nasdaq debut on Wednesday, giving the cryptocurrency exchange an initial market cap of $85.8 billion on a fully diluted basis. The shares opened at $381 and quickly shot up as high as $429.54, before dropping back below the...

Chainlink (LINK) brings its price oracles to Polkadot (DOT)

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Parachains based on Polkadot’s (DOT) Substrate framework now can integrate Chainlink’s (LINK) price oracles data feed in the form of a simple module, the companies announced today.“Chainlink Price Feeds are now available as an oracle pallet to all Substrate, Polkadot, &...

China’s biggest bank says Bitcoin is driving its efforts in this key area

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An official of the People’s Bank of China (PBoC), the country’s central bank and chief financial regulator, said yesterday that the burgeoning Bitcoin space was one of the reasons behind the resurgence of the country’s own digital currency plans.“This (the interest...

Ren price rallies 40% after adding LUNA, SOL and FTM to its ecosystem

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The cryptocurrency sector has emerged as a hot topic on the global stage in 2021 thanks in large part to the growth of decentralized finance and non-fungible tokens which have caught the general public’s attention.  Throughout the sector there is a need for interoperability between...

South Korea to launch blockchain-based vaccine passports

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South Korea will introduce blockchain-powered vaccine passports via a smartphone app later this month, the country's prime minister said Thursday. South Korea is joining a number of other nations in introducing vaccine certificates that enable cross-border travel while mitigating the risk of infections. Prime Minister Chung...

Block production on Cardano is now fully decentralized

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IOHK, the company behind the blockchain, will no longer participate in the production of blocks, making Cardano the only truly community-run network on the market.The decentralization of Cardano is now successfully completedSince the launch of Shelley in July last year, Cardano...

Enjin builds NFT-focused blockchain on Polkadot (DOT)

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As Ethereum’s non-fungible token (NFT) mania is booming, blockchain development startup Enjin decided to take it one step further and launch a whole new decentralized network dedicated specifically to these crypto-collectibles, the firm announced today.“We’re creating a groundbreaking blockchain for NFTs,...

Bitcoin on Track to Close Year High as Number of Active Addresses Doubles in 2020

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Coin Metrics noted that the number of active Bitcoin addresses with at least 0.01 BTC did not just grow by more than 700,000 this year, it also showed a chart that the number of active addresses has topped 1.1 million.Bitcoin according to Coin Metrics...

Free TON Project Attains ‘Sufficient Decentralization’ and Mainnet Status

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With more than 400 validators on the platform, the Free TON network claims that it is sufficiently decentralized to attain the mainnet status.On Tuesday, December 22, the Free TON community announced that it has attained ‘sufficient decentralization’, thus, the community-driven project the mainnet status...

Coinbase to Fund Two Bitcoin Core Developers in Its First Round of Awards

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The funds from Coinbase will serve as the needed boost in attracting more innovative developers into the industry.Coinbase cryptocurrency exchange has announced its first-ever Bitcoin core developer awards, an initiative it first announced back in October 2020. The Coinbase awards were given to two...