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The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains


Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...

HTX Hacker Makes Off With $8 Million


Crypto exchange HTX experienced a security breach over the weekend that resulted in the loss of $8 million worth of crypto assets. In a recent post on X (formerly Twitter), HTX stakeholder Justin Sun confirmed the news, detailing that the hacker managed to steal 5,000 ETH (worth around $8 million)...

Will Shiba Budz (BUDZ) Dethrone Shiba Inu (SHIB) and Take off to the Moon


PRESS RELEASE. New cryptocurrency initiatives are continuously arising, each with its own distinct value proposition and room for expansion. Shiba Budz (BUDZ), one such effort, has recently gained attention. Shiba Budz (BUDZ), positioned as the utility meme world’s next big thing, intends...

Solana Price Prediction as SOL Bounces 4% Overnight – Is the Sell-Off Over?


Despite ongoing concerns about FTX’s planned liquidation of over $1 billion in Solana (SOL) tokens, which amount to roughly 16% of the cryptocurrency’s overall token supply, SOL has mustered a rally of more than 3% on Thursday. Solana, the token that powers the layer-1 smart-contract-enabled...

EA Lays Off Half The Staff Behind Magical FPS Game After Low Sales


On August 22, Immortals of Aveum was released on Xbox, PlayStation, and PC. Three and a half weeks later, around half of the staff who worked on the game have reportedly been laid off after it failed to sell enough copies to satisfy its publisher. It’s yet another round of layoffs to hit the game...

Paypal Offers More Crypto Payment Options for Web3 Merchants in US


Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...

PayPal to facilitate Web3 payments with On and Off Ramps


PayPal has announced the launch of On and Off ramps for its services. This will enable wallets, decentralized applications, and NFT marketplaces to allow users to trade cryptocurrencies in the US. They are subject to all the relevant regulations of the country. However, the fact that PayPal...

Borderlands Dev Gearbox Might Be Getting Sold Off Soon


Gearbox Software, the studio most well-known for the Borderlands franchise, is reportedly up for sale as parent company Embracer Group considers options to “shore up its finances,” according to a September 11 Reuters report.Read more

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