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Bitcoin network transactions and fees surge amid investor de-risking
10.5.2022
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report
Xbox Network Had A Rough Weekend
9.5.2022
If Xbox Live was Microsoft’s online gaming service at the height of its powers, then this past weekend was Xbox Dead. For more than 36 hours in mid May, Xbox players had trouble connecting to the Xbox network. In some cases, players say they couldn’t even play single-player games offline that they...
Dvision Network Entering a Partnership with DreamPictures21
9.5.2022
Dvision recently announced entering a partnership with DreamPictures21. The digital content production venture specializes in webtoons, and the collaboration will see webtoons being integrated into the metaverse. In addition, the partnership will provide more blockchain services to NFTize content...
Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA
8.5.2022
Bitcoin has reached a critical support zone and if there is a bounce from this level ALGO, XMR, XTZ and THETA could move higher in the short-term
Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display
7.5.2022
Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed for three-dimensional viewing. Sony 3D NFTs to Enhance Spatial Reality Display Features...
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
6.5.2022
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network...
Curve Finance Integrates With Near’s Aurora Network
5.5.2022
NEAR’s DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed
4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...
Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher
4.5.2022
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against...
Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi
4.5.2022
A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian...
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
3.5.2022
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto usage is due to the fact that Cubans cannot use certain payment vehicles due to the sanctions...
Solana developers share 3 key mitigation steps to make the network robust
3.5.2022
Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority
Telegram Users Can Send and Receive Toncoin Within Messenger Chats
2.5.2022
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system. TON Foundation Reveals Telegram...
NYDIG’s $59K Bitcoin Bounties Program Begins Paying Developers Who Improve the Network
2.5.2022
NYDIG’s two-week old Bitcoin Task Bounties program to pay developers to improve the Bitcoin network has paid out $1,800 for two tasks that have been completed so far, according to sources familiar with the matter
Aurora Bringing EVM to XP.NETWORK with Latest Partnership
2.5.2022
XP.NETWORK recently announced a strategic partnership with Aurora, a visionary network. The integration will add Aurora to XP. NETWORK’s bridge family, as it is currently the most successful chain on NEAR. The chain has showcased its potential by surging by 750 within only six months....
ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%
2.5.2022
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review....
Solana suffers 7th outage in 2022 as bots invade the network
2.5.2022
NFT minting bots on Solana contributed over 4 million transactions per second, knocking validators out of consensus and crashing the network for around seven hours
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
1.5.2022
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems a flood of inbound transactions on Saturday caused Solana’s...
Lightning Network Adoption at Exchanges is Growing: This is Why It’s Good for Bitcoin
1.5.2022
From the outside, it might look like the Lightning Network (LN) is a classic example of vaporware. It has long been touted as the layer-two solution that will make Bitcoin (BTC) more viable as an everyday medium of exchange, yet the fact remains that Bitcoin still isn’t used on a large scale...
The Number of Entities Using Bitcoin to Store Arbitrary Data Has Declined
30.4.2022
Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a great deal and the trend has lowered network fees to some...