Tag: ethereum
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Non-Transferable NFTs are given to local governments as rewards in Japan.
According to reports, the Japanese government is one of the first governments to award non-fungible tokens (NFTs) to local governments that excelled in a digitization competition as an additional prize. Local governments received the honors as a thank you for their efforts in utilizing digital technology to address local issues. Issuing and Distributing NFTs via…
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By 2023, Buenos Aires will operate Ethereum nodes.
In 2023, the city of Buenos Aires will set up several Ethereum validator nodes. Diego Fernandez, the city’s secretary for innovation and digital transformation, made the comments. He clarified that this deployment will pursue exploratory and regulatory goals and that it will assist the city in creating cryptocurrency regulations. Cities around the world are incorporating blockchain and cryptocurrency projects into their growth and development strategies. According to reports, Buenos Aires will set up validator nodes for the Ethereum chain in 2023. At ETH Latam, a local event focused on Ethereum, Diego Fernandez, the city’s secretary of Innovation and Digital Transformation, reported this.…
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According to BBVA, Colombians Constitute 20% of Users of New Generation Crypto-Powered Accounts.
Latam users are very interested in BBVA’s crypto-powered solutions, according to a recent article published by the private bank with headquarters in Spain. According to the institution, nearly 20% of the users of their New Gen accounts, which are accessible from Switzerland, are Colombians drawn to the crypto services these accounts provide. Due to the…
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Technical Analysis of Bitcoin and Ethereum: BTC Drops as Tesla Sells 75% of Holdings
As news broke that Tesla had sold 75% of its cryptocurrency holdings, the price of bitcoin fell during the day’s trading. The announcement follows the company’s Q2 earnings call, during which they confirmed that the token would be converted into fiat money. In response to the news, Ethereum also fell. Bitcoin Following a recent run…
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As gas costs per transfer fall below $3, Ethereum transaction fees have reached a 10-month low.
After hitting a low of $2.96 per transaction on Sunday afternoon, the average Ethereum network fee has dropped to its lowest level in over ten months (ET). Last year, on July 11, 2021, Ethereum transfer fees fell below $3 for the first time. Furthermore, median fees are even lower: on May 29, the median Ethereum…
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Cloudflare, an internet service provider, will run Ethereum validator nodes as part of its Web3 focus.
Cloudflare, a provider of internet services and DDoS protection, has announced a new Web3 experiment strategy. As part of its commitment to help scale the internet by using proof-of-stake (PoS) consensus technologies, the company announced it will run Ethereum validator nodes. This will ostensibly give the company access to the technology’s energy efficiency and consistency.…
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Explained: Margin Trading For Cryptocurrency
Margin trading with cryptocurrency allows users to borrow money against their current funds to trade cryptocurrency “on margin” on an exchange. In other words, users can leverage their existing cryptocurrency or dollars by borrowing funds to increase their buying power (generally paying interest on the amount borrowed, but not always). For example, you put down $25 and…
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Top 5 Best Crypto Wallets in 2019
Cryptocurrency has taken the world by storm, offering a currency alternative to the government-backed currencies we all know from daily use. Proponents argue that the digital currencies are easier, safer and offer better privacy than traditional currencies. Because the value of a Bitcoin compared to the U.S. dollar and other currencies has skyrocketed over the…