With the rise of NFTs, 'pay to win' games have got mightily expensive

It's one thing to "win at all costs," but what if that cost is half a million dollars?

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Ethereum scaling project SKALE now live with Phase 2 mainnet

Scaling project SKALE Network, which aimed to ease traffic and lower transaction costs on the Ethereum blockchain, today announced the launch of its Phase 2 mainnet according to a release emailed to AThe post Ethereum scaling project SKALE now live with Phase 2 mainnet appeared first on AMBCrypto. дальше »

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Monero Price Analysis - Bullish technicals and sound fundamentals

Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning, improved privacy, and improved custody solutions. дальше »

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OpenBazaar Saved, For Now, Sizable Donation Still Needed for Next Year

Decentralized marketplace OpenBazaar was saved over the weekend from becoming a ClosedBazaar when an anonymous donor agreed to “cover the costs to run OpenBazaar infrastructure through at least the end of the year. дальше »

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Неизвестный инвестор согласился спасти OpenBazaar от закрытия

Анонимный меценат оплатит поддержание инфраструктуры одного из старейших децентрализованных маркетплейсов OpenBazaar по меньшей мере до конца 2020 года. BREAKING NEWS! An anonymous donor has agreed to cover the costs to run OpenBazaar infrastructure through at least the end of the year. дальше »

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Here's how Synthetix is tackling Ethereum's congestion, high gas costs

Ethereum has been very popular this year, not usually for all the right reasons, however, since network congestion and high gas costs have often kept it in the limelight. While the reason for these isThe post Here's how Synthetix is tackling Ethereum's congestion, high gas costs appeared first on AMBCrypto. дальше »

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DeFi Protocol Synthetix Upgrading to L2 Scaling to Alleviate Gas Costs for Small SNX Stakers

Popular on-chain synthetic assets protocol, Synthetix is in the first phase of its transition to Optimistic Ethereum, a layer two scalability solution for the second-largest network that continues to grapple with congestion and sky-high fees thanks to all the DeFi craze. дальше »

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WeWork China Sells Majority Stake to Trustbridge Partners

Coinspeaker WeWork China Sells Majority Stake to Trustbridge PartnersAs WeWork China continues to cut costs globally, Trustbridge Partners has invested $200 million to own a majority stake in the company. дальше »

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Spoofing Mistake Costs Wall Street Banking Giant JPMorgan $1 Billion in Penalty

Coinspeaker Spoofing Mistake Costs Wall Street Banking Giant JPMorgan $1 Billion in PenaltyJPMorgan is looking ahead to settle regulatory charges of market manipulation by paying a massive $1 billion in penalty. дальше »

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New Blockchain Solution To Cut Data Management Costs By 90%

The Investing and Saving Alliance (TISA) has announced that it is developing a blockchain-based utility for the asset management industry. The new solution known as TISA Universal Reporting Network (TURN) is projected to reduce data management costs by 80% to 90% in its first year of operation. дальше »

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DeFi Token Sets Streamline Portfolio Building, Minimize Gas Costs

The decentralized finance (DeFi) industry can be a minefield to the uninitiated as the space changes on a daily basis. It’s become normal to see assets become overinflated and destroyed in a matter of just a few hours. дальше »

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bZx hacked again as Duplication bug costs protocol $8M in user deposits

Decentralized Finance "lending" protocol, bZx, is not having a good year. Seven months after bZx was hit by two major hacks that saw the protocol lose over $954K, it is in the headlines again after yeThe post bZx hacked again as Duplication bug costs protocol $8M in user deposits appeared first on AMBCrypto. дальше »

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Tether launches on Solana to leverage high speeds and low costs

Tether, the company behind the USDT stablecoin, has announced that it has launched its coin on Solana, a blockchain platform that aims to compete with Ethereum. The post Tether launches on Solana to leverage high speeds and low costs appeared first on CryptoSlate. дальше »

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Argo’s H1 Revenue Soars but Profits Drop as Bitcoin’s Halving Boosts Mining Costs

Argo Blockchain has reported a near quadrupling in revenue even as capital depreciation led pre-tax profits to slide by 45%. дальше »

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Blockchain can combat Australia’s $1.7B food and wine fraud problem

Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution

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Band Protocol CEO says that a single Chainlink data request costs $450

Band Protocol is about to give Chainlink a run for its money on Ethereum.

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Using a DeFi protocol now costs more than $50 as Ethereum fees skyrocket

The situation is eerily reminiscent of December 2017.

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Installing an Older Version of the Electrum Wallet Costs User $16m Bitcoin

An Electrum wallet user has reportedly lost millions of dollars in bitcoin after installing a dated version of the software. On Saturday, August 29, in a post on GitHub, a user called ‘1400BitcoinStolen’ described the loss of 1,400 bitcoin due to “foolishly” installing an old version of the cryptocurrency wallet. дальше »

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Bitcoin Bound to React to Raised Electricity Costs in Inner Mongolia’s Crypto Mining Farms

Former Head of Inner Mongolia Electric Power Company was allegedly investigated by Chinese Authorities, following a recent disclosure that Inner Mongolia had suspended subsidized electricity costs for 21 out of 30 Bitcoin mining farms. дальше »

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Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

Affected mining centers in the area may see a notable increase in electricity costs. дальше »

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ABT Stock Up as FDA Approves Abbott Laboratories’ COVID-19 Antigen Test for Emergency Use Authorization

Coinspeaker ABT Stock Up as FDA Approves Abbott Laboratories’ COVID-19 Antigen Test for Emergency Use AuthorizationAbbott Laboratories' coronavirus test, known as the BinaxNOW COVID-19 Ag Card, costs just $5 and provides results in 15 minutes without any lab equipment. дальше »

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Filecoin Is Currently Testing EIP 1559, A Proposal to Restructure Ethereum’s Gas Fees

The issue of rising gas costs on Ethereum might soon come to an end, should an Ethereum Improvement Proposal (EIP) currently being tested on the Filecoin network go through. Dubbed ‘EIP 1559’, this proposal is among those that have been suggested to reduce Ethereum’s network fees. дальше »

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Marathon to Buy Fastblock for $22M in Stock, Gaining Speed and Halving Bitcoin-Mining Costs

The company gains 3,304 ASIC miners through the merger. дальше »

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Telegram drops lawsuit over ‘GRAM’ trademark, but must cover legal fees

Telegram has dropped a two-year-old lawsuit over the ‘GRAM’ trademark but must now repay the defendant’s legal costs.

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Ethereum sets course for $410 as fee costs plummet

ETH/USD is up 4% in the past 24 hours and is likely to break...

The post Ethereum sets course for $410 as fee costs plummet appeared first on Coin Journal.

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VeChain Launches Blockchain-enabled Sustainability Solution

Companies using the solution may even cut costs.

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It’s Now Cheaper to Buy One Bitcoin Than to Buy a Single DeFi Token YFI

On a per-coin basis, YFI governance token from DeFi protocol yEarn now costs more than industry behemoth bitcoin. дальше »

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Binance-Owned WazirX Announces DeFi Project With Matic

The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs." дальше »

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Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower

The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0. дальше »

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Ethereum Transaction Fees Drop By 60% After Collapse of Yam Finance

Ethereum transaction fees are diving after the latest leg higher in decentralized finance (DeFi) has slowed down to an abrupt halt. Paying to transact on the network still costs an order of magnitude more than it did at the start of 2020, though. дальше »

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EOS Ecosystem Dying: BP Collusion, Community Fragmentation, High Costs

EOS conducted one of the largest ICOs in the crypto space, attracting almost half of what was invested in all offerings during 2017, and for good reasons. The network boasts... дальше »

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TokenInsight Released BitCoke Exchange Analysis Report

Coinspeaker TokenInsight Released BitCoke Exchange Analysis ReportHold any cryptocurrency, trade all kinds of contracts, BitCoke Quanto Swap realizes cross-variety transactions on the basis of perpetual contracts, eliminating the process and costs of manually trade in-out different cryptocurrency. дальше »

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Australia’s NSW Treasury Department Pushes for Advanced Blockchain Regulatory Framework

Australia’s New South Wales Treasury Department has released a research paper looking into the regulation of blockchain and another emerging tech. According to the city’s authorities, catching up with the rapid technological progress could save New South Wales a significant amount of money in compliance costs. дальше »

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ConsenSys researchers break down risks in Ethereum 2.0, the “biggest economic shift” in crypto

After months and years of development, Ethereum 2 is finally drawing close.   For those unaware, the upgrade will overhaul how the Ethereum blockchain works, using certain technologies to make it more efficient in terms of costs, power consumption, and speed. дальше »

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“Why not Monero?” asks hacker who took over Twitter with Bitcoin scam

Hackers behind the Twitter breach early on Thursday embedded a Monero (XMR) centric message on several of their Bitcoin transactions—paying $11 in costs to do so. The post “Why not Monero?” asks hacker who took over Twitter with Bitcoin scam appeared first on CryptoSlate. дальше »

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U.S. Retirees May End Up Holding the Fed’s Stimulus Bags

In the wake of the COVID-19 crisis, the U. S. Treasury has issued the largest stimulus package in the country’s history. To try keep pace with costs, the agency issued a record $2. 2 trillion in 10-Year Treasury notes. дальше »

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Ethereum Developers Consider New Fee Model as Gas Costs Climb

With EIP 1559, Ethereum developers are proposing a dynamic pricing system to lower the blockchain network's current high gas fees. дальше »

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A Look at the Numbers: How SEC Destroyed America

The Securities and Exchanges Commission (SEC) has strangled the American economy over the past four decades when our data begins. The number of Initial Public Offerings (IPOs) have plunged. Costs... дальше »

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Zebra Technologies to Integrate IOTA’s Tangle for Better Supply Chain Traceability

Blockchain features such as transaction immutability and unrivaled transparency can be harnessed to improve processes. Supply chain management firms can integrate the positives of distributed ledger technology (DLT) to drastically enhance their activities and save costs. дальше »

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Report: Power Ledger (POW) P2P Energy Trading Solution Has Real Use Case 

Power Ledger (POWR), an Australian blockchain-powered energy trading firm founded in 2016, has conducted a solar energy trading trial in collaboration with the Australian government and found out that distributed ledger technology (DLT) based P2P energy trading helps consumers slash costs, according to reports on June 22, 2020. дальше »

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Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017

A giant 14.95% advance makes analysts confident as miners appear to balance increased costs to retain profitability.

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Bitcoin Price Volatility Expected as 10% Mining Difficulty Adjustment Looms

Bitcoin’s mining difficulty is set to adjust by 10% within 3 days, meaning operational costs for miners could spike.

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Norway holds jurisdiction over Craig Wright’s defamation suit against Hodlonaut

The court further orders Wright to pay for costs incurred by Hodlonaut both at... The post Norway holds jurisdiction over Craig Wright’s defamation suit against Hodlonaut appeared first on Coin Journal. дальше »

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Report: Ransom Costs for Stolen Data Rose 200% From 2018 to 2019

On average, ransoms demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019.

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Exxon Mobil Joins Other Petroleum Giants in Testing Blockchain Pilot

A consortium of 10 multinational oil and gas companies known as the Offshore Operators Committee (OOC) Oil and Gas Blockchain Consortium has reportedly tested a blockchain pilot to explore the possibilities of leveraging distributed ledger technology (DLT) to automate production and cut down operational costs. дальше »

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Nonprofit Energy Consortium Trials Blockchain Management for Wastewater Tracking

A U.S. oil and gas consortium says a blockchain-based automated platform tracking wastewater reduced transportation costs. дальше »

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OMG Network Partners With Bitfinex To Add Tether (USDT) Stablecoin On The Plasma Sidechain

OMG network becomes the first sidechain ever to add USDT capability aiming to improve the scalability and reduce costs of transaction on the platform. In the official announcement released on June 1, 2020, OMG Network announced a partnership with Tether’s sister company, Bitfinex Inc. дальше »

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How Blockchain Can Fill the Talent Gap in Cybersecurity and AI

Cybersecurity is big business. And it costs big businesses a lot of money every year (not to mention a few panic attacks and sleepless nights). But as hackers get more… The post How Blockchain Can Fill the Talent Gap in Cybersecurity and AI appeared first on CoinCentral. дальше »

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Bitcoin Capitulation Among Small Miners is Starting, Making a Correction Likely

Small bitcoin miners are selling more tokens than they mine, according to weekly data provided by ByteTree. They produced 5,888 BTC on a weekly adjusted timeframe but sold 6,473 BTC to offset their operational costs. дальше »

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Why crypto: holding money at Citibank costs hundreds of euros a month

Crypto assets have long had an ambiguous set of use cases.

The post Why crypto: holding money at Citibank costs hundreds of euros a month appeared first on CryptoSlate.

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