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Uniswap Research Highlights Cost Efficiency of Layer-2 Networks Over Ethereum Mainnet - Industry News - News

Uniswap Research Highlights Cost Efficiency of Layer-2 Networks Over Ethereum Mainnet

Patrick Cliff05 mins

Unlocking the Potential of Decentralized Finance with Layer-2 Networks: Cost Savings, Superior Liquidity, and Future Prospects In a groundbreaking study conducted by Austin Adams, a dedicated researcher at uniswap Labs, it has been unveiled that executing swaps and managing liquidity provisions on layer-2 networks outperforms Ethereum’s mainnet in terms of cost-effectiveness (Adams, 2023). This keyboards-changing…

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Binance Earns Recognition from Taiwan for Collaborative Efforts in Law Enforcement - Binance News - News

Binance Earns Recognition from Taiwan for Collaborative Efforts in Law Enforcement

Patrick Cliff06 mins

In a groundbreaking recognition of its steadfast dedication to security and regulatory compliance, Binance, the foremost cryptocurrency exchange in the world, has garnered praise from Taiwan’s Ministry of the Interior for its unrivaled collaboration with law enforcement agencies in their unyielding efforts against fraudulent activities involving virtual assets. This recognition signifies a pivotal moment in…

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Avalon Finance get $1.5 Million in Seed Funding to Enhance DeFi Lending - Industry News - News

Avalon Finance get $1.5 Million in Seed Funding to Enhance DeFi Lending

Patrick Cliff06 mins

Avalon Finance Secures $1.5 Million in Seed Funding to Revolutionize Decentralized Finance (DeFi) Lending on the Bitcoin Ecosystem Avalon Finance: A Promising Newcomer to the DeFi Lending Space In a major stride towards redefining decentralized finance (DeFi) lending, Avalon Finance, the pioneering lending protocol under the Merlin Chain umbrella, has recently closed a successful $1.5…

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Las Vegas Starts a High-Tech Quest for Pedestrian Safety - AI - News

Las Vegas Starts a High-Tech Quest for Pedestrian Safety

Patrick Cliff05 mins

Las Vegas Receives $1.4 Million Grant for Revolutionary ai Pedestrian Detection System A New Era of Pedestrian Safety in Las Vegas Las Vegas, the city of entertainment and excitement, is poised to make significant strides towards ensuring the safety and efficiency of its bustling streets with the implementation of a cutting-edge artificial intelligence (ai) pedestrian…

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Hong Kong’s SFC issues warnings to traders about MEXC - African News - News

Hong Kong’s SFC issues warnings to traders about MEXC

Patrick Cliff05 mins

Recent Regulatory Developments: Hong Kong’s SFC Lists Unlicensed Crypto Exchange MEXC on Its Cautionary List Hong Kong’s SFC Takes Action Against Unlicensed Crypto Exchange MEXC In a recent regulatory move, the Securities and Futures Commission (SFC) of Hong Kong added the cryptocurrency exchange MEXC to its cautionary list on March 15, 2023. This action signifies…

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Donald Trump becomes the preferred candidate among crypto holders - African News - News

Donald Trump becomes the preferred candidate among crypto holders

Patrick Cliff05 mins

Surprising Preference of Crypto Community Towards Donald Trump: Insights from Paradigm’s Survey In a groundbreaking revelation, a survey conducted by the esteemed crypto venture capital firm, Paradigm, has uncovered that Donald Trump enjoys significant support from the crypto community. The comprehensive study, carried out by Public Opinion Strategies between February 28 and March 4 among…

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Indian Railways unveil plans to roll out NFT train tickets - African News - News

Indian Railways unveil plans to roll out NFT train tickets

Patrick Cliff05 mins

Indian Railways Introduces NFT Train Tickets during Holi Festival: A Leap Forward in Ticketing Innovation Indian Railways, the country’s national rail system, is making waves during the vibrant and colorful Holi festival by launching non-fungible token (NFT) train tickets for two Delhi-bound trains. This pioneering initiative, spearheaded by the Indian Railway Catering and Tourism Corporation…

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Vitalik Buterin reiterates the importance of layer-2 solutions on Ethereum - African News - News

Vitalik Buterin reiterates the importance of layer-2 solutions on Ethereum

Patrick Cliff04 mins

Ethereum co-founder Vitalik Buterin has highlighted the significance of transitioning the focus towards building decentralized applications and solutions on Ethereum’s layer-2 (L2) following the successful completion of the Dencun hard fork. This shift in perspective comes after Ethereum achieved scalability through L2 rollups with the reduction of costs associated with submitting cryptographic proofs to its…

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Marathon Digital’s Strategic Expansion: Acquiring Texas Bitcoin Mining Facility - Bitcoin News - News

Marathon Digital’s Strategic Expansion: Acquiring Texas Bitcoin Mining Facility

Patrick Cliff06 mins

Marathon Digital, a prominent player in the cryptocurrency mining industry, has announced its intention to acquire a Bitcoin mining facility located in Texas from Applied Digital for approximately $87 million in cash. This strategic acquisition is expected to significantly bolster Marathon Digital’s mining capabilities and prepare the company for the upcoming Bitcoin halving event. Marathon…

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Blockchain AI platform NetMind assures no platform breach amid NMT token sale speculation - African News - News

Blockchain AI platform NetMind assures no platform breach amid NMT token sale speculation

Patrick Cliff04 mins

NetMind, the innovative blockchain artificial intelligence (ai) platform, has firmly denied allegations of a platform-wide hack that have been circulating in the cryptocurrency community. The recent price drop of NetMind’s token, NMT, has sparked concerns among investors about a potential exploit that could lead to an unlimited generation of tokens. Background: NetMind’s GPU Mining Platform…

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Canto Boosts Blockchain with Polygon Integration and Cyclone Stack Upgrades - African News - News

Canto Boosts Blockchain with Polygon Integration and Cyclone Stack Upgrades

Patrick Cliff05 mins

In a Notable Turn of Events: The Canto Blockchain Announces Its Commitment to cosmos Ecosystem as a Layer 1 (L1) Network After extensive research and consensus among major contributors, the Canto blockchain has made a significant strategic shift in its plans. Instead of transitioning towards the Ethereum ecosystem through collaboration with polygon as initially intended,…

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Aptos Labs and Google Cloud Forge a New Path in Blockchain Gaming with Aptos GameStack - African News - News

Aptos Labs and Google Cloud Forge a New Path in Blockchain Gaming with Aptos GameStack

Patrick Cliff05 mins

Revolutionizing Blockchain Gaming: Aptos Labs and Google Cloud Join Forces with the Launch of Aptos GameStack In a groundbreaking announcement, Aptos Labs, the pioneering team behind the Aptos blockchain, has revealed the launch of their latest offering – the Aptos GameStack. This cutting-edge development suite is set to transform the way games integrating cryptocurrencies and…

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Aptos Labs and Google Cloud Forge a New Path in Blockchain Gaming with Aptos GameStack - African News - News

Aptos Labs and Google Cloud Forge a New Path in Blockchain Gaming with Aptos GameStack

Patrick Cliff06 mins

In a groundbreaking development for the gaming industry, Aptos Labs, the pioneering team behind the Aptos blockchain, recently announced the launch of their revolutionary new offering – Aptos GameStack. This state-of-the-art development suite is set to redefine the way games that incorporate cryptocurrencies and Non-Fungible Tokens (NFTs) are created. The initiative marks a significant milestone…

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Dubai International Financial Centre introduces new law for digital asset transactions - Industry News - News

Dubai International Financial Centre introduces new law for digital asset transactions

Patrick Cliff04 mins

DIFC Announces Enactment of New Digital Assets Law, Aligning Dubai with Global Technological Advancements in Finance The Dubai International Financial Centre (DIFC), a prominent financial hub situated in the United Arab Emirates, made an important announcement this week regarding the enactment of its new Digital Assets Law, effective from March 8. This legislative development comes…

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UK financial watchdog eases restrictions on crypto-backed exchange-traded notes - Industry News - News

UK financial watchdog eases restrictions on crypto-backed exchange-traded notes

Patrick Cliff04 mins

A Major Milestone in the UK’s Financial Landscape: FCA Allows Professional Investors to Trade Crypto ETNs The United Kingdom’s Financial Conduct Authority (FCA) has made a groundbreaking decision, enabling professional investors to engage in trading crypto exchange-traded notes (ETNs) provided by recognized investment exchanges (RIEs). This announcement on March 11 marks a significant step towards…

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AI Fraud Warning from Real-Life “Catch Me If You Can” Conman Frank Abagnale - AI in Daily Life - News

AI Fraud Warning from Real-Life “Catch Me If You Can” Conman Frank Abagnale

Patrick Cliff010 mins

Frank Abagnale, the famed conman whose escapades were immortalized in the blockbuster film “Catch Me If You Can,” has issued a grave warning about the impending surge of ai-driven fraud. In an exclusive interview, Abagnale, portrayed by Leonardo DiCaprio in the movie, expressed concern that the advancement of artificial intelligence (ai) will lead to a…

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