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Blockchain
Australian stock exchange officially abandons blockchain plans: Report
Australia’s stock market operator has abandoned plans to rebuild its software platform using blockchain technology, marking a significant rejection of the once-celebrated concept that gained prominence alongside cryptocurrencies.The…
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GridPlus to open source wallet firmware in Q3 amid Ledger debacle
Amid fallout over Ledger’s controversial decision to allow private keys to be “recovered” from its devices, cold storage competitor GridPlus has announced that it will move to “open source” the firmware of its crypto wallets. GridPlus…
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Anchorage Digital opens up DeFi voting for custody clients
Institutional clients of crypto custody firm Anchorage Digital can now voice their concerns on proposals for tokens they hold without paying hefty gas fees.According to a May 16 statement, Anchorage will integrate off-chain, gasless…
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Optimism’s major ‘Bedrock’ upgrade set for June 6
Layer 2 scaling solution Optimism is set to undergo its highly anticipated Bedrock upgrade on June 6. The move is expected to result in significantly reduced transaction fees, provide greater network security and enhanced compatibility…
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Ethereum’s Beacon Chain is updated after finality issues
Ethereum core developers rolled out patches for Prysm Labs and Teku clients as a response to two Beacon Chain finality issues within a 24-hour period. The Beacon Chain serves as the consensus layer for the Ethereum network. On May 11,…
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MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
MakerDAO, the decentralized autonomous organization (DAO) behind the Dai stablecoin and its related Maker governance token, recently announced a slew of planned updates to its ecosystem, including a heavy focus on artificial intelligence…
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Lufthansa, Eurowings, other travel industry players push forward with Web3
After the recent launch of the travel-focused blockchain, the Camino Network, legacy travel companies in the industry are looking towards a Web future. Cointelegraph spoke with executives at Europe-based airlines Lufthansa and Eurowings,…
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Milady NFT floor price surges after Elon Musk tweet
On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from 3.8 Ether (ETH) to as high as 7.3 ETH…
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Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to…
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the ecosystem.” The unveiling of the adoption strategy document…
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‘Unjustly enriched’ — Core Scientific knocks back $4.7M claim from Celsius
Bankrupt Bitcoin (BTC) mining firm Core Scientific has objected to paying a $4.7 million administrative claim put forward by crypto lender Celsius Network, leading to a battle between the firms over contractual obligations.According to…
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