KuCoin suspends Bitcoin and Litecoin mining pools

“We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding,” the exchange wrote. KuCoin’s Bitcoin (BTC) and Litecoin (LTC) mining pools will be suspended from 16:00:00 on Aug. 15, 2023 (UTC) until further notice.  The exchange said the decision was “in line with KuCoin’s evolving business strategy” […]

Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries

Space and Time launches zero-knowledge proof tool for its decentralized database platform. Decentralized Web3 data service Space and Time has tapped into zero-knowledge proof (ZK-proof) technology to cryptographically verify information queries within its ecosystem. The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query within its decentralized data network, […]

Biggest Movers: MATIC Bounces From 4-Week Low, After Collision With Key Support Point

Polygon rebounded from a four-week low on Wednesday, as bulls rejected a breakout below a key support point. The wider market cap was mostly higher in today’s session, led by the optimism surrounding Microstrategy’s latest bitcoin investment. Chainlink also jumped higher after recent losses. Polygon (MATIC) Polygon (MATIC) bounced back higher during Wednesday’s session, as […]

Worldcoin WLD token jumps nearly 5% despite Kenyan government suspension

The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2 statement shared by Kenya’s Ministry of the Interior on its official Facebook page. Kenya’s Capital Markets Authority further warned that Worldcoin’s products, including its WLD tokens and their derivatives, were not investment products recognized […]

Justine Sun: Huobi Expects to Break Even this Quarter!

The post Justine Sun: Huobi Expects to Break Even this Quarter! appeared first on Coinpedia Fintech News Huobi, a cryptocurrency exchange, has suffered losses for four consecutive quarters. Tron founder Justin Sun, who serves as an adviser to the exchange, Sun blamed the losses on the firm’s extensive marketing, advertising, and payroll spending. However, he […]

Worldcoin to Offer Iris-Scanning Technology to Governments and Businesses!

The post Worldcoin to Offer Iris-Scanning Technology to Governments and Businesses! appeared first on Coinpedia Fintech News Worldcoin, the cryptocurrency platform that utilizes iris-scanning technology for identification and verification purposes, has announced plans to allow governments and businesses to use its technology in an effort to sign up more users. Ricardo Macieira, the general manager […]

Bitcoin Declines Below $29.5K After Bullish Breakout – Is Bearish Pressure Chasing BTC Price?

The post Bitcoin Declines Below $29.5K After Bullish Breakout – Is Bearish Pressure Chasing BTC Price? appeared first on Coinpedia Fintech News Recently, Bitcoin’s value has experienced a substantial decrease, plunging under the $29.5K threshold. This downturn is surprising, especially following a bullish breakout that had previously sparked bullish confidence among traders with MicroStrategy’s BTC […]

Thorswap introduces Streaming Swaps to Reduce slippage for Large DeFi Trades!

The post Thorswap introduces Streaming Swaps to Reduce slippage for Large DeFi Trades! appeared first on Coinpedia Fintech News Thorswap, a multichain decentralized exchange aggregator, has unveiled Streaming Swaps, a feature aimed at reducing slippage for large DeFi trades. Previously, traders had to divide large swaps into smaller transactions manually to achieve lower slippage, causing […]