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“# Blockchain tech will bridge the gap between DApps and enterprises ” Blockchain technology is revolutionizing the way we interact, transact and share information, with many experts predicting it will be the most disruptive technology in the next decade. After little structural innovation since the 19th and 20th centuries, decentralization has brought industries such as…
“# Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel ” In a recent video debate, Bitcoin skeptic Frances Coppola debated Bloomberg senior commodity strategist Mike McGlone on the economics of Bitcoin, market manipulation and predictions for 2021. Coppola is skeptical that Bitcoin will ever succeed as a store of value because of its…
“# The perils of a decentralized web living in the centralized world ” On Jan. 26, the internet came to a screeching halt along much of the East Coast. Email services went down; YouTube videos flickered out midstream; millions were likely affected, if only temporarily. But the outage, attributed to a surge in traffic, underscores…
“# In the eye of the beholder: What gives Bitcoin its value in 2021? ” Notable mainstream attention has shifted toward Bitcoin amid its meteoric rise, with the asset having recently tapped over $52,500 per coin. Bitcoin (BTC) has seen an increasing wave of interest from mainstream companies, gaining status as a hedge, unique from…
“# Voting evolved: Blockchain tech outshines paper ballots and e-voting ” Voting is a very important part of any democracy, as it gives its citizens the chance to participate in the democratic governance process. In a democracy, the objective of voting is not just the creation of government but a collective effort that drives the…
“#Alt-right social media network Gab goes offline” Gab, a social network favored by the alt-right that exploded in popularity after the riots at the US Capitol, was offline Friday evening, and its Twitter account also went dark. Twitter users first started posting that the website and its associated social media account went down at around…
“# Binance’s brief pause of Ethereum withdrawals leaves community perplexed ” Binance had a hiccup with its withdrawals for Ether (ETH) and all ERC-20 assets on Friday, with users being unable to access any of their Ethereum-based assets for about one hour. The pause came abruptly, as the exchange’s Twitter account notified users that Binance had “temporarily…
“# Firm in Portugal to accept Bitcoin for electricity bills ” Luzboa, a small energy trading company in Portugal, will soon start accepting Bitcoin (BTC) as payment for electricity. The company’s president Pedro Morais Leitão announced the news to Portuguese publication Expresso on Wednesday, stating that the new payment option should become available this month….
“# Akoin rolled out in $2B medical metropolis in Kenya ” Akoin (AKN), the crypto project developed by Senegalese-American singer Akon, has completed the pilot rollout stage of its deployment in the Mwale Medical and Technology City complex in Kenya. As previously reported by Cointelegraph, the trial phase was launched back in November 2020 at…
“# Stablecoin RAI launches, a pure, decentralized alternative for DeFi ” New Ethereum-backed stablecoin RAI hopes to be the savior of the DeFi sector by providing a truly decentralized stablecoin alternative. Developed by blockchain startup Reflexer Labs, RAI is not pegged to any fiat currency and its monetary policy is managed by an on-chain, autonomous…