Cryptoknowmics
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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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Are Smart Contracts Changing the Financial Service Sector?

The thumb rule of easy success in the finance sector is to copy the path followed by successful people. Yet it’s easy but we must say it is not the smartest way at all. For us, the smartest one is to avoid the mistakes people make and the path will...

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Gibraltar Announces Its Membership as Observing Member of the GBBC

The Government of Gibraltar has recently announced its membership with the Global Blockchain Business Council (GBBC). It has been named as the official observing member of the GBBC. The Global Blockchain Business Council will be working with some great blockchain industry leaders from around 50 countries across the world.  The announcement...

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Bitcoin Hits $14,000 On US Election Day

Bitcoin hit the $14,000 mark again as poll workers in the U.S. are counting ballots for presidential election results from certain states. At the time of publication, more than 400,000 ballots have been counted as the nation waits in anticipation of its 2020 U.S. president. The Beginning of Bitcoin Rally...

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Telegram Requires to Pay Legal Fees to Lantah Over Gram Ticker Lawsuit

A GRAM Ticker lawsuit in which Telegram sued the small crypto firm Lantah LLC back in 2018 has now finally come to an end. The messaging giant has now received orders to pay the legal fees of around $625,000 to Lantah. This has been revealed through the ruling by Charles...

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Lightning Labs Introduces Lightning Pool Liquidity Marketplace

Lightning Labs has launched a peer-to-peer, non-custodial liquidity marketplace on the network called the Lightning Pool. The new offering enables lightning node operators to buy or sell access to liquidity by trading on the Lightning Pool. Evolution Towards LiFi According to the announcement, the new functioning opens the door towards...

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Andrew Bragg Believes Blockchain Technology Can Solve Major Regulatory Issues

Australian Liberal Senator Andrew Bragg seems to be quite confident of blockchain technology. According to him, it can easily help in solving some major regulatory issues. Andrew Bragg believes that blockchain can help reduce the complications in financial regulatory compliance and transparency.  Andrew Bragg believes the future lies in blockchain technology....

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ETH 2.0 Deposit Contract Is Reportedly Published on GitHub

Ethereum deposit contract for ETH 2.0 is reportedly live on GitHub. So far, there has been no official confirmation from the lead developers of Ethereum regarding the news. Potential Bull Run For ETH in Coming Times While everyone awaits the official confirmation of the launch of the deposit contract, Consensys...

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Bitcoin's Mining Difficulty Sees Largest Percentage Drop Since 2011

Bitcoin’s mining difficulty has just been recorded as the largest percentage drop by over 16% since 2011. This is positive news for miners as their profitability will now have a considerable increase. China's Dry Seasons and Fall of Hashrates Data aggregated by BTC.com shows that the mining difficulty dropped to...

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VeChain Price Might Enter Bullish Phase as Demand Increases

VeChain price has been in a bearish phase as it dropped continuously from its all-time high of the year. However, now it seems that this bearish phase has come to an end and it is time for a price rebound. As per the different technical analyses, VeChain is now ranked...

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Over 14,000 ETH Staked in Eight Hours within ETH2 Deposit Contract

The much-awaited Ethereum 2.0 deposit contract has been officially deployed. Upon eight hours since the announcement, over 14,000 ETH has been staked, equivalent to roughly $5.5 million. Ethereum Gears Up for Proof-of-Stake According to an official blog post by the Ethereum Foundation, Ethereum 2.0 is set for its final launch...

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U.S. Justice Department Seizes $24M Worth Crypto Linked to Scam

The U.S. Justice Department has recently seized cryptocurrency worth $24 million on behalf of the Brazilian Government. It is revealed that this crypto belongs to a Brazilian crime cartel, a fraudulent scheme called, Operation Egypto.  Through this scheme, the scammers were able to con a lot of investors based in...

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Circularise Aims to Enable Plastics Traceability in Automobile Industry

Blockchain supply management company, Circularise has launched a project with Porsche along with its leading material suppliers including Borealis, Covestro, and Domo Chemicals. The move intends to enable the traceability of plastics and the use of sustainable materials in Porsche cars and the automobile industry as a whole. Digitizing Materials...

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The U.S. Court Imposes $900K Fine Against Ponzi Scheme Operator

The U.S. Court has recently convicted two preparators against a ponzi scheme that has intentionally misappropriated its clients. Venture Capital Investments LLC and Breonna Clark were held accountable by the court for running this fraudulent scheme.  The U.S. Commodity Futures Trading Commission (CFTC) brought these charges against the preparators. According...

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Privacy-Focused Wasabi Wallet Announces Version 2.0

The privacy-focused Bitcoin wallet Wasabi has announced today a new version of Wasabi Wallet 2.0. The latest product is expected to release sometime between the next three to 14 months. Driving Bitcoin Adoption Through Wasabi Wallet 2.0 Wasabi Wallet is a Bitcoin mixer from bitcoin privacy company zkSNACKs. It's an...

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CZ Binance and Buterin Believes Blockchain-Based Voting Apps Are Important

CZ Binance, CEO of Binance, and Vitalik Buterin, co-founder of Ethereum, completely agree on the need for a blockchain-based voting app. According to them, blockchain can play a major role in improving the current voting system. In the wake of the 2020 U.S. presidential election, both claim, it is high-time...

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Bitcoin Jumps Above $14,500, the Highest Level Since January 2018

Bitcoin (BTC) jumped above the $14,500 mark, the highest level since January 2018. The cryptocurrency is now at a 33 month high with a yearly gain of 101%. Data from TradingView suggests that the largest cryptocurrency by market capitalization is at a roll amid the market tensions over the 2020...

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Animoca Brands Enters Into an Agreement with Formula E

Animoca Brands, a global developer and blockchain gaming firm, has entered into an agreement with Formula E. It is believed that both of them will be developing a blockchain-powered motorsports game that will feature non-fungible tokens (NFTs).  Formula E was developed in 2011 by Jean Todt and since then, it...

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Bitcoin Taps Almost $16,000, as FOMO Takes Over

Bitcoin climbs up to its highest price since early 2018, as FOMO reigns over the crypto market. The price of the world’s largest cryptocurrency by market capitalization has almost reached $16,000, currently trading for $15,980 on most of the spot exchanges. The trending patterns of the cryptocurrency resemble that of...

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