That a dictator from the latter could single-handedly cause such a contraction in the network doesn’t necessarily undermine the thesis that this more decentralized, diversified geographic spread is more secure. After all, the Kazakh hashrate closure – most likely temporary – was nowhere near as disruptive as China’s more permanent move to shut down 50% of the network. … [Read more...] about Kazakh Mining Slide Offers Lesson for US Lawmakers
Offers
CardCoins Offers Bitcoin Payments Over the Lightning Network
“Our users make a lot of low value payments, and as fees in the Bitcoin network rise they risk being priced out. With CardCoins’ new Lightning integration, our customers can top up their Lightning balances and make payments without additional on-chain transactions,” a CardCoins representative told CoinDesk. A normal Bitcoin transaction, which is typically more expensive than … [Read more...] about CardCoins Offers Bitcoin Payments Over the Lightning Network
BofA Says Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
Smart-contract platform Avalanche’s ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming and other assets, Bank of America said in a research report.Avalanche’s subnet feature is increasing adoption, the bank said, with more than 380 projects built on the platform.“Subnets enable faster time-to … [Read more...] about BofA Says Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
SEBA Bank Offers Token for Digital Ownership of Gold
Digital asset banking platform SEBA is offering a stablecoin that serves as a token for digital ownership of gold.The token will be backed by physical gold, “ready for any time on-demand delivery,” SEBA announced Wednesday.The Zug, Switzerland-based firm said the token differs from other gold derivative investment products, such as exchanged-traded funds (ETFs) or … [Read more...] about SEBA Bank Offers Token for Digital Ownership of Gold
Coinbase Offers Access to DeFi Yields With DAI and Compound
“Today we’re introducing a new way for Coinbase’s global customers to put their crypto to work and earn yield. We are making DeFi more accessible, enabling eligible customers in more than 70 countries to access the attractive yields of DeFi lending on their Dai with no fees, lockups, or set-up hassle,” the Coinbase blog says. Source link … [Read more...] about Coinbase Offers Access to DeFi Yields With DAI and Compound