OKX has released its sixth monthly report and announced a significant improvement to its Proof of Reserves (PoR) system. The report revealed that OKX now holds $10.4 billion worth of Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with a reserve ratio of 103% for all three currencies, marking a growth ...
Blockchain nodes are electronic devices that facilitate communication and interaction on a blockchain network. They verify the legitimacy of transactions, approve or reject them, and record them on the blockchain ledger. Blockchain Nodes are an essential component of blockchain technology, and why it is a distributed ledger. Nodes also play ...
On March 23, 2023, Greenpeace, a climate activism group, joined forces with artist-activist Benjamin Von Wong to launch a campaign advocating for a change in Bitcoin's consensus mechanism to a Proof-of-Stake (PoS) model. Greenpeace has now unveiled a new artwork called the "Skull of Satoshi." The artwork features an 11-foot ...
OKX, the world's second-largest cryptocurrency exchange by trading volume, has published its fifth monthly Proof-of-Reserves (PoR) report. The report shows that OKX holds $8.9 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with reserve ratios of 103% for both BTC and ETH and 102% for USDT. OKX has been ...
1inch Network, a decentralized exchange (DEX) aggregator, has officially unveiled the 1inch Hardware Wallet, a proprietary hardware wallet. The 1inch hardware wallet is fully air-gapped, which means that it doesn't have a direct connection to the internet and doesn't need a wired connection to offer the highest level of protection. ...
Huobi, a cryptocurrency exchange, has announced plans to cut 20% of its workforce as part of an ongoing restructuring following Justin Sun's takeover of the company. A company representative stated that, following the takeover, the firm has restructured its business departments and adopted a new organizational structure. Huobi stated: "The ...
The Delegated Proof-of-Stake (DPoS) is a blockchain consensus protocol that allows users to vote for delegates by spending their coins. These elected delegates then have the power to make decisions that impact the entire network, such as setting protocol rules or validating transactions. DPoS has proven to be the most ...
Celsius Network, a crypto lending company, is planning to extend the deadline for users' claims till early February. This was announced via the company's Twitter handle this morning. The firm suspended withdrawals and transfers on its platform in June due to extremely unstable market conditions and a $1.19 billion deficit ...
The Algorand mainnet network and its native currency, ALGO, were launched in June 2019. The Algorand blockchain was designed to address common issues of scalability, speed, and security faced by other blockchains while maintaining a level of decentralization. To achieve this, Algorand employs its "Pure Proof-of-Stake" (PPoS) consensus mechanism, which ...
According to CoinMarketCap, Nervos Network's token (CKB) is trading at $0.0023 in terms of its USD rate, up 0.02% in the last hour. CKB has a total market cap of $75,867,562 and a $1,965,963.00 24-hour trading volume. CKB is currently ranked 188 in the cryptocurrency market. Here are some background ...
