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Acala Network announces the Sinai upgrade
17.4.2024
Acala Network has introduced the Sinai upgrade. The objective is to chase the vision of building a liquidity layer in the world of Web3 finance, or DeFi. Simultaneously, Acala Network aims to remain at the forefront of technology by introducing a range of infrastructural enhancements to...
Ore Suspends Mining Amid Solana Congestion to Prepare for V2
17.4.2024
Ore has temporarily halted its mining operations on the Solana network due to increased congestion, with plans to launch an optimized Version 2 of its protocol.
The post Ore Suspends Mining Amid Solana Congestion to Prepare for V2 appeared first on Cryptonews
Solana releases an update to finish with network saturation
16.4.2024
Solana has released an update for putting closure on network clogging due to spam bots and memecoin trading. The builders at Solana suggest that they incorporate a required network update to combat the clogging impacting the protocol. Mainnet Beta authenticators are being suggested to use...
Runes Protocol to Debut Alongside Bitcoin Halving, Could Boost BTC Ecosystem
16.4.2024
As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing for the Runes protocol. The concept of Runes was developed by the creator of Ordinals, Casey Rodarmor, and has been met with considerable enthusiasm since its announcement...
Hitmakr-Dmail Network partnership: Shaping the future of music industry
15.4.2024
In a groundbreaking collaboration, Hitmakr, a leading music creation and distribution platform, has joined forces with Dmail Network, a decentralized communication platform, to catalyze a revolution in the music industry. This partnership promises to empower artists and revolutionize the creation...
Astar Network solidifies its position in the Japanese market
15.4.2024
Astar, a popular smart contract platform on Polkadot, introduced “Astar 2.0 Vision” to promote widespread adoption of Web3 technology in early July 2023. The platform aims to empower users to manage data, privacy, and local communities online and offline. In order to enhance...
Solana Releases Update to Address Network Congestion Issues
15.4.2024
Solana developers on Monday announced a mainnet beta update, version 1.17.31, aimed at addressing the network’s recent congestion problems.
The post Solana Releases Update to Address Network Congestion Issues appeared first on Cryptonews
Solana Rolls Out Update to Tackle Network Congestion
15.4.2024
A meme coin trading frenzy and a rapid spike in users has stressed the network in recent months
VeChain Teams Up with UFC to Tokenize Fighter Gloves, Community Reacts
13.4.2024
Blockchain platform VeChain has announced its partnership with the Ultimate Fighting Championship (UFC) to tokenize fighter gloves and track their identities using the VeChainThor network.
The post VeChain Teams Up with UFC to Tokenize Fighter Gloves, Community Reacts appeared first on Cryptonews
ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements
13.4.2024
ICB Network, launched on April 1, 2024, is an innovative Layer-1 Blockchain project. It has established novel benchmarks for efficiency, security, and scalability across the blockchain ecosystem. Implementing the Proof of Stake (PoS) consensus mechanism is at the core of the platform’s...
EMURGO joins hands with Huawei Cloud for Cardano Network expansion
12.4.2024
EMURGO, a business that leads the way in Web3 adoption on the Cardano blockchain, has forged a strategic alliance with Huawei Cloud. By doing this, it hopes to strengthen the Cardano network by installing a Cardano Validator Node on the robust infrastructure of Huawei Cloud. Consequently, further...
Sunbeam activates, marking upgrade Phase in The Graph Network
12.4.2024
Sunbeam, the second stage for the Sunrise of decentralized data, has now been activated, being the start of the upgrade window. It was in October 2023 when The Graph ecosystem worked out a game plan and pledged to implement it on the Sunrise of decentralized data, providing the option for...
HBAR Foundation shares how Shinhan Bank and SB Group used the network
12.4.2024
HBAR Foundation has shared insights about how Shinhan Bank and Standard Bank Group leveraged their capabilities to drive the pilots of stablecoin. The Foundation is majorly known for hosting the Hedera Governing Council. The Council’s core functions include network governance, node...
TON Foundation Partners with HashKey to Improve Telegram Wallet Access
12.4.2024
TON Foundation has partnered with HashKey to support the “open network” and “increase access” to fiat on and off-ramps for Telegram wallet users in the Asia-Pacific Region.
The post TON Foundation Partners with HashKey to Improve Telegram Wallet Access appeared first on Cryptonews
The MEME coin to watch: BEFE gains traction amid Solana network congestion
11.4.2024
Accounting for approximately 6% of the total volume of cryptocurrencies traded in the last 24 hours, meme coins have grown from mere entertainments and bants into a lucrative sector of the cryptocurrency market. Dubbed as investors’ favorite spot for fun and profits, meme coins like $DOGE, $SHIBA...
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
11.4.2024
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fourth halving event nears, with fewer than 1,250...
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
11.4.2024
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain...
Coinbase, A16z-Backed Web3 Ad Network Everyworld to Begin Community Airdrop
11.4.2024
Everyworld, the Coinbase and A16z-backed Web3 advertising network, is set to start its community airdrop on April 15. Users who wish to participate in the airdrop must not be U.S. citizens or residents of 25 other countries, including Australia, China, and Russia. The Web3 rewarded ads protocol...
Best Crypto to Buy Now April 10 – Ethena, Nervos Network, ORDI
11.4.2024
As Bitcoin (BTC) pumps back above $70,000 on falling GBTC outflows and in spite of hotter-than-expected US inflation figures, traders are scouring altcoin markets as they hunt for the best crypto to buy now for quick gains.
The post Best Crypto to Buy Now April 10 – Ethena, Nervos Network, ORDI...
EigenLayer’s Mainnet Draws Support from Coinbase and Google Cloud
10.4.2024
Moments following the network's mainnet was launched on April 9, Coinbase and Google's cloud divisions welcomed other major corporations in the industry as EigenLayer node operators.
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