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Solana Resists Selling as Details on Network Outage Emerge
21.9.2021
SOL was up by almost 4% over the past 24 hours to trade at a price of USD 142.91. The rise came on a mostly red day in the broader crypto market, with bitcoin (BTC) trading down by almost 2% a
Solana attributes major outage to denial-of-service attack targeting DEX offering
21.9.2021
The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network to its knees
Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians
20.9.2021
On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real...
JPMorgan Strategist Estimates Ether’s Fair Value at $1,500 Amid Competition From ‘Ethereum Killers’
20.9.2021
A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that...
Here's why Bitcoin might be safe from a global stock market crisis
20.9.2021
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
19.9.2021
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown...
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
19.9.2021
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion...
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
Securities Watchdogs File Orders Against Crypto Lender Celsius
18.9.2021
A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing...
Texas and New Jersey regulators go after Celsius Network
17.9.2021
"Companies dealing in cryptocurrencies are not immune from oversight,” said New Jersey’s acting attorney general Andrew Bruck
Over 2,300 Cardano Smart Contracts Are Waiting in Timelock, ADA Price Slides 20% Over 2 Weeks
17.9.2021
Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo...
Polygon (MATIC) Trades Flat Despite Higher Volumes!
17.9.2021
Matic, since its inception in the year 2017, has undergone a lot of changes. From using the Ethereum network to run their operations to changing their name and launching their own blockchain, Matic has reached a new level of innovation. It uses a combination of the revered Plasma Framework...
Solana Week’s Worst Performer in Top 100 After Network Restart
17.9.2021
ranked 7th by market capitalization, was down by nearly 13% over the past 24 hours, trading at a price of almost USD 140. For the past seven days, the coin has now fallen by nearly 26%, the most among the 100 most valuable cryptoassets by market capitalization, per CoinGecko’s ranking
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
Solana Restarts Mainnet, SOL Users Complain, Dev Says Network Stall Not Similar to ETH in 2016
15.9.2021
The blockchain network Solana had issues processing blocks on September 14 and according to a status report on September 15 at 2:01 a.m. (EST), the Solana validator community “successfully completed a restart of Mainnet Beta.” Solana Validators Restart Mainnet Beta Solana is now...
Frontier, Ren and Keep Network book 20% gains as Bitcoin claims $48K
15.9.2021
Bitcoin’s surge above $48,000 catalyzed a strong move from REN, KEEP and FRONT
WOO Network Partners With Fantom Foundation
15.9.2021
Fantom Foundation succeeded in winning the attention of millions by declaring a reward program worth $450 million for dApp developers, according to Fantom price predictions reports. Fantom Foundation is renowned for its instant execution of transfers, low fees, a high value of TVL, and a highly...
Sen. Warren goes after Ethereum network fees in committee hearing
14.9.2021
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren
Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix
14.9.2021
According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. Solana’s Network Stalls In recent...
NFT potential takes quantum leap with Koii Network’s new Dynamic NFT standard
14.9.2021
They decay! They grow back! They transform with the passage of time (sometimes into zombies!) Koii Network’s new NFT standard introduces a host of fresh possibilities to the world of blockchain collectables