Coinbase to Use Polygon’s Ethereum Scaling Solution to Reduce Prices, Settlement Times

The engineering team at Coinbase, a US cryptocurrency exchange, plans to integrate a Layer 2 (L2) scale solution for polygons for Ethereum with the exchange platform. According to a press release on Tuesday, this move is the first for Coinbase’s protocol team to reduce high prices and long billing times. Integration with Coinbase allows Exchange… Continue reading Coinbase to Use Polygon’s Ethereum Scaling Solution to Reduce Prices, Settlement Times

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DeFi Analytics Community

The investment community and the “social experiment” UniWhales have raised $ 2.2 million as part of a larger effort to switch to Decentralized Autonomous Organizations (DAOs). Signum Capital announced on Tuesday that it led the round at Hyperchain Capital, Faculty Capital, Impossible Finance and Double Peak Capital. Several angels also contributed, including PopcornKirby, Kris Cheng,… Continue reading DeFi Analytics Community

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Steeped in Bitcoin History Fetches $500K on NFT Market OpenSea

The latest epidemic in the hot market for non-fungible tokens (NFTs) is probably an old series built around frog pepe memes everywhere. Tokens known as “rare pepes” were created as digital trading cards by blockchain pioneers primarily focused on Bitcoin in the mid-2010s and traded using a niche platform known as counterparties. rice field. Encouraged… Continue reading Steeped in Bitcoin History Fetches $500K on NFT Market OpenSea

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Institutional NFT Interest Heats

After waving to the non-fungible token (NFT) community for a few weeks with a hot purchase, Zhu Su’s crypto venture capital (VC) company, Three Arrows Capital, is officially entering the space with its launch. .. From Starry Night Capital, a dedicated NFT fund. In today’s tweet, pseudonym NFT collector Vincent Van Dough announced the fund,… Continue reading Institutional NFT Interest Heats

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Money Trail From Liquid Exchange Hack Points to Wasabi Privacy Wallets

According to research firm Crystal Blockchain, hackers who stole about $ 97 million worth of cryptocurrencies from the Liquid exchange used a privacy-focused Wasabi wallet to protect some of their profits. Hacker-owned liquid wallet Bitcoin has been running for the past two weeks, according to publicly available blockchain data. For example, on August 29, 100… Continue reading Money Trail From Liquid Exchange Hack Points to Wasabi Privacy Wallets

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Polkadot’s Parallel Finance Raises $22M at $150M Valuation

Loan Launch Parallel Finance has raised $ 22 million in a series of A-financing rounds and valued Polka Dot and Kusama’s Decentralized Financing Protocol (DeFi) for $ 150 million. This round is one of the largest launches of a project that relies on Polkadot’s multi-chain network and will take place months after Parallel’s $ 2… Continue reading Polkadot’s Parallel Finance Raises $22M at $150M Valuation

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Bitcoin Hashrate Could Return to Record Sooner Than Expected

According to industry experts, Bitcoin’s hash rate, a measure of total computing power used to protect blockchain networks, has accelerated the transition of Chinese miners to another location in the United States. As miners expand their capabilities, they may return to record faster than expected. Hash rates on blockchain networks peaked at around 180.6 eksahs… Continue reading Bitcoin Hashrate Could Return to Record Sooner Than Expected

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