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Decentralized solutions can make academic research more secure and more accessible. Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible.  Danny O’Brien, a senior fellow at the Filecoin Foundation and Filecoin Foundation for the Decentralized Web (FFDW) — an independent organization that facilitates governance of the Filecoin network and funds development projects — told Cointelegraph that data stored by academic institutions is at risk of vanishing due to centralized storage models. To put this in perspective, a recent Filecoin Foundation survey found that 71% of Americans have lost information and records due to challenges like deleted hyperlinks or locked online accounts. Decentralized storage helps secure and distribute data To combat this, O’Brien explained that a handful of educational institu...

Over the last 15 days, the LTC price has been on a strong rally and has gained over 40%. However, so far in 2023, the LTC price has touched these price levels multiple times. If Litecoin manages to give a strong breakout above the psychological barrier of $100, it could continue to touch new highs further. advertisement The reason behind Litecoin Bulls turning active once again is the upcoming halving event around mid-August 2023. The upcoming Litecoin halving will reduce the block rewards to half from 12.5 LTC per mined block to 6.25 LTC per mined block. Thus, this reduction in supply and future scarcity is driving the prices higher. With the reduction in supply due to scarcity, there is a possibility for LTC to surpass the $100 mark after the halving event. Such a milestone could potentially stimulate a significant rally in the crypto market, as positive sentiment and profits from LTC spill over to other cryptocurrencies. Litecoin Hashrate At All-Time High ...

LI.FI partners with Pontoon, an advanced cross-router meta-aggregator that provides users with a seamless gateway for exchanging or bridging assets via its unified intelligence routing. With the integration of Pontoon, users can move their assets seamlessly across 15 chains quickly, securely, and efficiently. Pontoon currently supports 27 blockchains, including layer-2s and non-EVM chains. Users can bridge and swap assets from any chain and explore new chains all within one interface. Here are some features they offer: Multi-chain support:   Pontoon has support for 27 blockchains. Optimal routes:   Pontoon offers users the best routes with the lowest fees and fastest execution times. Security:  Pontoon has been audited through multiple firms such as Peckshield and has a trust score of 100%. Dynamic monitoring:  Pontoon uses an intelligent algorithm to disable possible hacked routes. Slippage protection:  With the adjustable slippage protection feature, users can minimize the impact of...

Vitalik Buterin is a prominent cryptocurrency personality. He is also one of the co-founders of the second-largest cryptocurrency, Ethereum (ETH). Buterin regularly engages in conversation with the community on various topics. In one of his recent Twitter AMA conversations with the community, Buterin disclosed some of his least favorite aspects of crypto. Additionally, Buterin tweeted and told the community to ask him any questions on crypto or non-crypto topics. Also read: Bitcoin: MicroStrategy Buys 12,333 BTC for $347 Million Buterin disclosed some of his least favorite aspects of the crypto realm in response to a query by Twitter user DavidHoffman.eth. As always, people who think that the main innovation of crypto is to put tokens into things. — vitalik.eth (@VitalikButerin) June 28, 2023 Vitalik Buterin discloses his least favorite aspects of crypto Vitalik Buterin’s tweet highlighted his disdain for the prevailing belief that the primary purpose of crypto is merely to tokenize as...

The collaboration intends to bring changes to public administration and the business sector. Stablecoin issuer Tether has signed a memorandum of understanding (MoU) with the government of Georgia to develop Bitcoin and peer-to-peer (P2P) infrastructure in the country. The strategic collaboration between the Tether and the Georgian government will focus on building key infrastructure for a thriving startup ecosystem in Georgia.  The collaborative effort aims to attract international attention and investment toward the nascent decentralized space. The partnership aims to foster the growth of P2P technology at a state level and help build financial tools around it. Some of the key areas of develop ment include education on Bitcoin (BTC) and blockchain technology, building payment infrastructure for merchants, and develop ing a resilient, open and private P2P communication system. Paolo Ardoino (CTO, Tether) and Irakli Nadareishvili (Deputy Minister of Economy and Sustainable Develo...

The recent news of BlackRock filing for a spot bitcoin ETF seems to have sparked considerable excitement in what has otherwise been a miserable crypto market. Some are even saying it marks the beginning of a new “crypto summer.” “What do you think is going to benefit the most from that?” asks Avi Felman. The head of digital asset trading at GoldenTree answers his own question: “There’s this great instrument, GBTC.”   If Grayscale were to succeed in being turned into an ETF, following BlackRock’s lead, it could be a “great trade,” says Felman.  “It is currently trading at a 33% discount,” he says. Speaking to Cumberland’s Global Head of Trading Jonah Van Bourg on the 1000X podcast (Spotify/Apple), Felman explains that GBTC shares sell at a discount compared to their underlying bitcoin assets, enabling some interesting opportunities. GBTC sells at a lower price than the underlying BTC due to the fact that Grayscale, while it aims to exist as an ETF, is currently structured as a t...

Also Read: XRP , DOGE Added In Crypto Index Launched By Hong Kong Rating Agency advertisement XRP Lawyer Offers Support Attorney John Deaton, XRP holders’ lawyer mentioned that he found SpendTheBits in the search of developers on the XRP Ledger ( XRP L) who hadn’t received any kind of funds from Ripple. He added that Ripple and its executives Brad Garlinghouse, and Chris Larsen were unaware of SpendTheBits and its app. SpendTheBits had filed an amicus brief in the XRP lawsuit in support of the defendants back in 2022. The U.S. District Court Judge Analisa Torres granted the request. The attorney believes that this Amicus Brief was the best example that demonstrated a major flaw in the US SEC’s theory. He expects that it could also be cited by Judge Torres in the Summary Judgment. Read More XRP News Here… Deaton highlighted that TapJets and SpendTheBits can prove to be the best example to destroy the SEC’s common enterpris...

While Bitcoin (BTC) holds the current $30,000 range, Shiba Inu (SHIB) prices seem to suffer or show no improvement. The token gained an additional ‘zero’ earlier this year, and price recovery has been limited. Although memecoins had a brief rally some weeks ago, SHIB’s performance has been lackluster, to say the least. One of the biggest upcoming launches in crypto is Shiba Inu’s Shibarium layer-2 network. However, the launch has undergone several delays due to technical issues. The network was supposed to make its debut in 2022 but it was pushed to early 2023. It was then further pushed to Q2- Q3 of this year. Nonetheless, we still do not have an exact launch date for the network. Furthermore, the team has not given an update on the Shibarium mainnet for quite some time. It should be noted that the network’s testnet, called Puppynet, reaches new milestones very frequently, which is a testament to its power and efficiency. However, there has been little word about the mainnet launch. T...

XRP Performance Metrics XRP is likely on its way to make history as data from crypto analytics service provider Santiment showed that the protocol has recorded a consistent growth in the past few days. Sharing the observation on Twitter, crypto analysts @ali_charts noted that the past three instances in which XRP price saw a parabolic run, it has been preceded by a surge in active addresses. advertisement The last three instances $ XRP price jumped were preceded by a spike in the number of active # XRP addresses. On-chain data from @santimentfeed has recorded a spike in network activity over the past few days. Could history repeat itself? pic.twitter.com/XoJAFsDuvo — Ali (@ali_charts) June 26, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

The National Tax Agency has updated crypto tax rules, offering exemptions for firms issuing tokens. Japan’s new regulations allow companies issuing tokens to be exempt from the standard tax rate. National Tax Agency introduces revisions to tax rules, benefiting companies issuing tokens. Japan’s National Tax Agency has recently issued a notice outlining revisions to the corporate tax rules for cryptocurrencies. This move signifies a positive step towards enhancing the business environment and addressing concerns related to conducting cryptocurrency-related operations in Japan. As per the newly approved regulations, Japanese companies that issue tokens will be exempted from paying the standard 30% corporate tax rate on their holdings. The revised regulations specifically state that if certain conditions are met, crypto assets (virtual currencies) issued by companies will be excluded from paying corporate taxes on unrealized cryptocurrency gains. ...

MakerDAO, the DeFi protocol whose team is responsible for the creation of the DAI stablecoin, recently announced the completion of its acquisition of an extra $700 million worth of US Treasurys. It now has a total bond allocation of $1.2 billion, the project noted in a press release. This decision follows an earlier MakerDAO proposal which asked to increase the debt ceiling for MIP65 from $500 million to $1.25 billion to take advantage of the existing yield environment. This strategy, designed by Monetails Group, is expected to deliver an annualized yield of 4.5%. DAI currently has a total value locked (TVL) of $8.4 billion, and short-term bond ETFs comprise a large chunk of Maker’s existing collateral (14.8%).  Allan Pedersen, CEO of Monetalis Group, noted that Maker’s decision to purchase additional US Treasury shares shows that it is pushing “boundaries within DeFi” and creating a “diversified portfolio approach.” “Maker enhances the robustness of its platform and stablecoin ...

The FBI searched the Potomac, Maryland home of former FTX executive Ryan Salame at around 7 am on Thursday, the New York Times reported.  Information on what the FBI was attempting to uncover at Salame’s $4 million home is not currently available. Blockworks reached out to Salame’s lawyer, Jason Linder, but did not receive an immediate response. Salame was co-chief executive of FTX Digital Markets, which principally operated in the Bahamas before the crypto exchange went bankrupt in November 2022. He also worked at Alameda Research and became a member of Sam Bankman-Fried’s inner circle along with Gary Wang and Caroline Ellison.  The Times also reported that Salame’s $24 million in political contributions in the 2022 midterm elections are being scrutinized by federal authorities. And unlike SBF’s $40 million in donations to mostly Democrats, Salame was a major contributor to Republican politicians and causes. The majority of the $90 million FTX employees donated to politicians wer...

Shiba Inu Burn Account Suspension The Shiba Inu Burn Twitter account had gained significant traction among the crypto community for its engagement and updates related to the $SHIB, especially about their burn rates. Their last update was 11 hours ago and now they tweeted about asking the ereason for suspension, tagging Elon Musk and its Twitter’s new CEO  Linda Yaccarino. advertisement Our Twitter app was suspended a few hours ago, and we strongly believe this to be a mistake. Our app has been active on Twitter for the past two years without any issues or violations of the platform’s rules. We have always strived to comply with Twitter’s guidelines and maintain a positive presence. Shibburn, 24 July, 2023 The unexpected suspension has sparked a wave of speculation and debate within the crypto community, with many questioning the transparency and consistency of Twitter’s moderation practices. Recommended Articles ...