Tl;dr: A common challenge with distributed systems is how to ensure that state remains synchronized across systems. At Coinbase, this is an important problem for us as many transactions flow through our microservices every day and we need to ensure that these systems agree on a given transaction. In this blog post, we’ll deep-dive into …
Monthly archives: September 2022
Binance BUSD Trading Volume Surges By 70%, What Is The Reason?
The introduction of stablecoins, like BUSD into cryptocurrency brought hope to many long-term investors. For those skeptical of the crypto space due to volatility, stablecoins become handy as their sailing means. As the name goes, stablecoins are meant to remain stable to the real-time value of the fiat currencies they are pegged to. Also, some …
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Bitcoin Investment ETFs And Trusts Have Slowed Since May
Many investors are uneasy since Bitcoin value has fallen by around 70% since its peak in November 2021. In the meantime, market sentiment is at an all-time low due to analysts’ expectations of a major recession. This is especially clear from the decline in the equity markets as measured by the S&P 500 and Nasdaq …
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OpenSea Weekly Chart Records Ethereum Domains Getting More Hype
With the increased adoption and attention to non-fungible tokens, several platforms like OpenSea emerged as trading hubs. As a result, people needed suitable grounds to interact and transact with the numerous NFTs available in the space. Hence, some platforms have been trying to bridge the gap and serve potential investors of collectibles. OpenSea is an …
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Ethereum Classic Outperforms Others In 24 Hours With 19% Gains
Crypto assets’ prices have recorded more volatility in recent times. There have been some spikes and pullbacks in the price of many. For instance, the beginning of this week saw Bitcoin moving farther from its $20K mark. Bitcoin lost its hold on the $20K mark on September 2, closing the market at $19,969. Since then, …
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Top Exchanges Mark Readiness For Vasil, Can Cardano Rally To $1?
The Cardano Vasil hard fork is currently the second most anticipated upgrade in the crypto space, right behind the Ethereum Merge. This hard fork is just as important to the Cardano network as it not only improves the experience of developing on the network, it also strengthens the security of the blockchain. September has now …
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VCs pour $14.2B into crypto in H1 2022, but investments now slowing
Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder of the year. According to a newly released KPMG report on Sept. 6, the largest investments in H1 2022 came from German-based crypto trading platform Trade …
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Bank With $489,000,000,000 in Assets Explains How Crypto Can Reach the Mainstream Public: Report
The largest bank in Singapore is backing cryptocurrency and blockchain tech despite the regulatory uncertainty and market downturn. According to a new report from the Financial Times, DBS CEO Piyush Gupta says the recent crypto slump shows the need for regulated financial institutions to offer digital asset products. DBS first rolled out its crypto exchange for …
Here’s the Ultimate Goal for Chainlink (LINK), According to Its Creator Sergey Nazarov
Chainlink (LINK) creator Sergey Nazarov is detailing his vision for the future of the decentralized oracle network, as well as the future of the crypto industry at large. In a new interview with Bankless, Nazarov says the crypto industry is still in its early days. He points to Chainlink’s success at bringing real-world data into …
Crypto Analyst Weighs In As Helium (HNT) Tumbles After Proposal To Migrate to Solana (SOL)
A popular crypto analyst is still bullish on Helium’s (HNT) long-term prospects despite the project’s recent steep correction. In a new YouTube video, the anonymous host of InvestAnswers tells his 443,000 subscribers that Helium, a decentralized wireless network for the Internet of Things (IoT), is a “picture-perfect use case for blockchain.” The project’s native token, HNT, …
Trademark applications for crypto, NFTs, and metaverse surge in 2022: Report
The number of U.S. trademarks filed related to cryptocurrencies, nonfungible tokens, Web3, and the metaverse since January have reportedly passed those in 2021. According to data compiled by intellectual property lawyer Mike Kondoudis on Tuesday, individuals and businesses filed more than 3,600 trademark applications with the United States Patent and Trademark Office for cryptocurrencies and …
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New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest chancellor of the exchequer, or chief financial minister. In a Tuesday announcement, Truss’ office named Kwarteng as the next U.K. finance minister, replacing Nadhim Zahawi, who served as chancellor of the exchequer for …
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Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs
An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks a 24% correction from the …
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PraSaga awarded U.S. patent for placing computer operating system onto the blockchain
According to a new United States Patent and Trademark Office publication on Tuesday, Swiss-based blockchain startup PraSaga has been awarded a patent placing its operating system, dubbed “SagaOS,” on the blockchain. Titled “Systemic Extensible Blockchain Object Model Comprising A First-class Object Model And A Distributed Ledger Technology,” the methods described in U.S. patent no. 11436039B2 …
BTC Plummets Below $19,000 as TAMA Explodes Skywards
The Bitcoin (BTC) price prediction loses traction as the king coin heads to the south; losses are likely to continue should it break additional supports. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $22,500, $24,500, $26,500 Support Levels: $16,500, $14,500, $12,500 Buy Bitcoin Now Your capital is at risk Since the past few …
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