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Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
10.1.2022
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects...
Arbitrum Network Stalled Due to Sequencer Downtime
10.1.2022
The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports from the Arbitrum team, this incident had to do with downtime regarding its sequencer, a special...
Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners
10.1.2022
The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second...
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry
10.1.2022
PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services....
CoverCompared Partners with the Uniarts Network
10.1.2022
UniArts has been designated as CoverCompared’s latest NFT companion. As they keep expanding their offerings, this collaboration will lay the groundwork for more consumers to insure their digital content through CoverCompared. UniArts is really a decentralized value discovery system for...
Swing Integrates Celer Network’s cBridge
10.1.2022
Swing made an announcement about its liquidity as well as bridge aggregator ecosystem with the Celer Network. Swing will be using the cBridge of Celer for extending its reach to Celer compatible blockchains. Not only this, but it also offers its users access to affordable token transfers, deep...
Arbitrum network suffers minor outage due to hardware failure
10.1.2022
A seven-hour Sequencer outage prevented transactions from being processed for the period, but all is operational again at the time of press
Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network
8.1.2022
Solana, a top ten smart contracts-enabled cryptocurrency by market cap, has acknowledged it is facing a series of problems hindering the performance of its network. The official account of the status of the network, as well as the status page, reported this incident yesterday. This is the latest...
Boba Network Introduces ‘Wagmi’ Options for Developers and Builders
7.1.2022
Boba Network, an L2 (layer 2) expansion layer for Ethereum, has announced the launch of what it calls “Wagmi” options as a way of incentivizing builders and supporters to be invested in the project. The incentive programs will be distributed amongst different projects on the chain...
Solana network faces degraded performance for the second time this week
7.1.2022
Solana suffered a fourth network incident in the span of a few months. Two out of the four network issues happened this week
Pocket Network Announces Closing of Its Strategic Private Sale to Accelerate Network Development & Global Expansion
6.1.2022
PRESS RELEASE. Pocket Network exceeded $56,000,000 in monthly revenues in December placing it in the Top Five revenue producer for blockchains globally surpassing many well known chains. Tampa Bay, Florida, U.S.A – 6th January 2022 – Pocket Network – an infrastructure...
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
6.1.2022
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed...
Polygon network activity spikes as NFT sales reach new height
6.1.2022
Polygon's NFT market continues to attract users, though the demographic is more aligned to gaming companies and developers than collectibles as on the Ethereum network
AMC Gets Serious About Anime By Acquiring Sentai Filmworks And Hidive
6.1.2022
AMC Network is now adding Sentai Filmworks and Hidive to its stable. As Variety points out, Sentai and its Hidive streaming service Hidive will join AMC’s current lineup that includes BBC America, IFC, SundanceTV, WE tv, and IFC Films. By 2025, AMC hopes to reach as many as 25 million paid...
Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
5.1.2022
No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world
Gains Network to Expand Its Decentralized Leveraged gTrade Platform by Unlocking First $750,000 Grant
5.1.2022
Creator of gTrade, the next-gen decentralized Finance (DeFi) leveraged platform, Gains Network, has submitted an application for a $750,000 credit from Polygon to strike the two significant milestones on the platform’s roadmap. It has unlocked its initial $250,000 budget in MATIC coins to ease...
Reviews Of Binance: Binance Labs Leads $12 Million Series A+ Investment in WOO Network
5.1.2022
The Binance Labs has made an investment of 12 million dollars in the WOO Network because both parties have extended their long-term partnership in Series A plus round. This is a liquidity platform that helps in connecting users to institutions, exchanges as well as DeFi networks. Many reviews...
Solana hit with another network incident causing degraded performance
5.1.2022
Solana reportedly went offline for four hours on Jan. 4, however Solana.Status shows there have been no issues on the network
Nigeria Based Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms
4.1.2022
In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19...