Author: CryptoExpert
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BCH targets breakout above $500 as bullish derivatives sentiment surges
[ad_1] Bitcoin Cash (BCH) continued its strong recovery on Wednesday, climbing above $489 and extending weekly gains beyond 8% as bullish positioning across the derivatives market reinforced the ongoing rally. The broader crypto market backdrop remains supportive, with Bitcoin (BTC) holding near the $82,000 level, while technical indicators suggest BCH could be preparing for a…
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Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
[ad_1] TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding Merkle roots and validity proofs to centralized servers as a low-disruption enterprise fix. Buterin defined four L2 categories: EVM chains, server upgrades, experimentation zones, and app-specific chains. Interoperability between diverse L2 types is central…
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Bitcoin Climbs Back To $82,800 Amidst Market Recovery – Here’s What Investors Are Up To
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bullish momentum is building around the crypto market, and Bitcoin, the leading digital asset, is steadily trending upwards, breaking past key resistance levels that previously capped its rally. Since BTC’s price found its footing again, positive sentiment has improved around the…
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Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion
[ad_1] This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it plans to scale its Muskogee, Oklahoma campus to roughly 1.5 gigawatts of gross power, or about 1 gigawatt…
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AI helping ease the UK’s NHS burden
[ad_1] Doccla is a company providing remote patient monitoring and virtual wards to NHS trusts. The Doccla model is “designed both to support earlier discharge and to prevent avoidable admissions, particularly for those with long-term conditions.” There is already evidence for Doccla’s effectiveness, with the NHS seeing a 61% reduction in bed days, an 89%…
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Trusted Volumes Confirms $6.7M DeFi Resolver Exploit
[ad_1] TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are being held across three Ethereum addresses. In a Thursday X post, the market maker said the stolen funds were split across three wallets, with two addresses each holding about $3…
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JPMorgan, Mastercard Make US Treasury Transfer on XRP Ledger
[ad_1] Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails. The pilot transaction involved blockchain tokenization platform Ondo Finance redeeming the US Ondo Short-Term US Government Treasuries (OUSG) fund for Ripple…