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Xbox Suffers Major Outage


Xbox users have spent the last several hours cut off from the platform’s online features following a major outage. Microsoft confirmed the issues were widespread across Xbox Series X/S accounts but said its investigation into the source of the downtime was taking longer than expected. Read more

Aave DAO Launches GHO Stablecoin on Arbitrum Network


Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched...

Stack Duo Gains Tor Support for Monero and Bitcoin


Stack Wallet, a cryptocurrency wallet supporting a wide range of digital assets, and its sibling Stack Duo, a focused wallet exclusively for monero and bitcoin, have announced a significant update. In the latest release of Stack Duo v1.2.0, Tor support has been added for both Monero and Bitcoin...

Nintendo Says It Has A Plan To Prevent Scalping: Just Make Loads Of Switch 2s


A few years on, it’s oddly hard to remember how difficult it was to get hold of the most recent generation of games consoles. On their release in November 2020, both the PlayStation 5 and Xbox Series X were incredibly scarce, thanks to an imperfect storm of covid, global chip shortages, and supply...

Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall


With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above...

Acala Network intends to adopt JitoSOL within its platform


Acala Network has incorporated JitoSOL within its platform and decentralized applications to offer better liquidity and yield options targeting Acala users.   A liquidity layer like Acala Network is a foundation segment within the Blockchain ecosystem, bringing about effective capital flow...

Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog


Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s...

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