Belgrade now has a non-profit organization that will be in charge of promoting and driving disruptive innovation of Bitcoin, the most powerful cryptocurrency in the world. This and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Hub21, a research center for Bitcoin
📍Serbia's capital Belgrade has opened a research center focused on Bitcoin innovation. Called Hub21, this new research center will be tasked with educating the community about the potential and technologies related to Bitcoin, as well as exploring new technological solutions that leverage the disruptive innovation of the market-leading cryptocurrency.
From siteHub21 presents itself as a non-profit organization whose mission is to provide a space where people and the community in general can access different solutions based on Bitcoin, which allow promoting the adoption of technology and accelerating innovation.
This research center is also tasked with fostering the promotion and development of Bitcoin in different fields, ranging from software, to art and design, content creation and education. In addition, Hub21 will help Bitcoin and new technology professionals conduct groundbreaking research and develop business opportunities that will help Belgrade and Serbia position themselves in the space of cryptocurrencies and decentralized technologies.
Belgrade is recognized as one of the most innovative capitals in the world, which has been promoting different technological initiatives to advance in the new industrial revolution.
Dogecoin sets a new record
📍Dogecoin has set a new record for the number of addresses with a balance. According to data from crypto analytics platform IntoTheBlock, the number of DOGE addresses with a balance reached 5 million on November 27, setting a new record.
The meme cryptocurrency reached this milestone amid renewed interest from investors and users. According to the data, DOGE has risen by more than 20% in the last two weeks and its daily trading volume has skyrocketed by 74% since yesterday.
Jack Dorsey invests in a decentralized Bitcoin mining pool
📍Former Twitter (now X) CEO and Block CEO Jack Dorsey led the funding round for Mummolin Inc., a company focused on decentralizing Bitcoin mining. Dorsey led the company's initial funding round of $6,2 million. With these resources, Mummolin will launch a new decentralized Bitcoin mining pool, called OCEAN, with which he seeks to ensure the decentralization of this activity throughout the world.
Luke Dashjr, one of the most prominent Bitcoin developers and promoter of OCEAN, points out that Bitcoin mining is no longer completely decentralized and that actions must be taken to continue ensuring this decentralization and the security of the network. Through OCEAN, Dashjr hopes to achieve this goal.
OCEAN will operate as a non-custodial and completely transparent mining pool, where participating miners will receive their earnings directly from the blockchain network.
Regarding this new mining pool, Dorsey commented that he was happy to support and invest in an initiative that was good for him, his companies, and the Bitcoin community at large.
Continue reading: Bitcoin miners' revenues rise to new all-time highs
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