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Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future
23.10.2021
By incorporating scaling solutions, such as rollups and sidechains, Ethereum has the potential to implement the true vision of DeFi
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...
Stablecoin USDC Launches on Hedera Network
20.10.2021
Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding the reach of the currency in the cryptocurrency market. With...
How To Move Your Animal Crossing Island Onto Your New Switch, OLED Or Not
19.10.2021
In the liminal period between Animal Crossing: New Horizons offering nothing new to do and Animal Crossing: New Horizons offering arguably too much new stuff to do, Nintendo released a new Switch model complete with a bigger screen and a 0 percent increase to battery life. Perhaps you were lucky...
Polkadot-based privacy project Manta Network raises $5.5M
19.10.2021
Manta Network will use newly raised funds to further scale DeFi use cases by boosting blockchain privacy
FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware
19.10.2021
FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions...
NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down
19.10.2021
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the...
Arbitrage bot’s spam attack on the Polygon network generated $6,800 per day
19.10.2021
An arbitrage bot managed to turn 14 ETH to 218.5 ETH simply by spamming the Polygon network for 120 days
Ankr Network, Stacks and Kadena rally while most altcoins cool off
18.10.2021
ANK, STX and KDA took a different path than most altcoins by posting double-digit gains over the past 24-hours
Bitcoin’s Unknown Creator Satoshi Nakamoto Is Now the 20th Wealthiest Person on Earth
17.10.2021
In mid-April the creator of the Bitcoin network, Satoshi Nakamoto entered the world’s top 20 richest billionaire list but after bitcoin’s price dropped, the inventor’s wealth plummeted. This week, Nakamoto has once again joined the top 20 richest people on the face of...
Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’
16.10.2021
Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom...
Finance Redefined: Celsius raises $400M, and Rari’s 7.5K% yields, Oct. 11—15
16.10.2021
Lending firm Celsius raised $400 million, Rari Capital exceeded $1 billion in TVL, and North America witnessed surging crypto volume — all included in this week’s Finance Redefined
Sony Now Lets You Line Up To Buy PS5s Directly From Them
14.10.2021
The story of the PlayStation 5 hasn’t been about killer next-gen games or technological benchmarks, but about how, in the 11 months since it was released, it’s been maddeningly difficult to buy one. For some, that might be about to get a bit less difficult. Today, Sony put up a website that allows...
BEPRO Network Partners with Meter for Moonriver Bridge
13.10.2021
The BEPRO Network has joined hands with Moonriver Bridge. This relationship is critical for BEPRO Network’s Public blockchain since it will provide a fast and accurate link for the BEPRO token from Ethereum to Moonriver. Bepro.network is a decentralized web service platform that allows...
Celsius & MoonPay Ride Unicorns, Blockchain.com Launches Margin Trading + More News
12.10.2021
nt group. The transaction will reflect a valuation of more than USD 3bn for Celsius, the company
Crypto lending firm Celsius Network raises $400M
12.10.2021
“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said
Wormhole Adds Binance Smart Chain Support to Network Bridge
12.10.2021
During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team...
Validators Enter the Polkadex Network
11.10.2021
Polkadex has been using the Blockchain for a week, and there are already 60 Validator nodes around the globe confirming transactions and creating blocks. In the next stage, around 25 additional nodes await to start validating. There are more than 400 nominators along with 90 Validators. There...
Bitcoin network tags record high for daily settlement volume
11.10.2021
More than $30 billion was settled on the Bitcoin blockchain in a single day last week
BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last Week
10.10.2021
As bitcoin’s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network is hovering just above the 155 exahash (EH/s) handle and bitcoin’s price has made a great number of mining rigs more...