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Ethereum Network Accounted for Over 90% of Layer 1 Revenues in Q3 — Study
20.11.2023
According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were 160% higher than in the preceding quarter. Ethereum...
With 93% of Bitcoin’s Supply Mined, Network’s Hashrate and Difficulty Surge in Synchrony
19.11.2023
On Sunday, November 19, 2023, Bitcoin’s hashrate maintained a steady pace at 468 exahash per second (EH/s), surpassing the intended ten-minute block interval average. The most recent block was processed in just 7 minutes and 37 seconds. Present observations suggest that if this trend...
SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather
19.11.2023
Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up
Solana Blockchain Games Thrive on the Epic Games Store – Next Big Thing?
19.11.2023
Image Source: Pixabay The number of Web3 games on the Solana (SOL) blockchain has grown substantially amid the spike in the network’s native token over the past month. According to Game7’s 2023 State of Web3 Gaming Report, the number of crypto games on the Epic Games Store...
Republic Plans to Pay Users’ Dividends on Avalanche Blockchain
18.11.2023
Source: Avalanche Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche blockchain network. Called Republic Note, the digital asset will serve as a form of dividend payout for investors who tap into the extensive portfolio...
Crypto Platform Strike and Checkout.com Partner to Bring Bitcoin Buying to 65+ Countries
17.11.2023
Source: Pixabay / WorldSpectrum Bitcoin (BTC) wallet and payment platform Strike has partnered with Checkout.com to enable debit-card-based Bitcoin purchases in over 65 countries. Strike leverages Bitcoin’s lightning network to let users make instant and free cross-border fiat currency payments...
Terra Luna Classic Price Prediction as Binance Announces Support for New Network Upgrade – Can LUNC Reach $1?
17.11.2023
Terra Luna Classic (LUNC) Chart / Source: TradingView Terra Luna Classic (LUNC) is pulling lower on Friday, despite the world’s largest cryptocurrency exchange Binance announcing that it plans to support a new network upgrade. The LUNC price was last around $0.000077, down around 20% from the highs...
Vitalik Buterin Touts Plasma Technology; OMG Token Briefly Skyrockets 16%
17.11.2023
Source: youtube/ VICE News Ethereum founder, Vitalik Buterin, touted emerging Plasma technology in a new blog post this week, prompting the Plasma-supported OMG Network’s native token to skyrocket by 16%. A unique scaling solution “Plasma is a class of blockchain scaling solutions that allow...
Umbrella Network goes live on MultiversX Mainnet
17.11.2023
Umbrella Network has recently integrated into MultiversX Mainnet, the first significant step in blockchain technologies. Through this integration, developers can use Umbrella’s quality decentralized data feeds in the MultiversX ecosystem – a top Layer 1 platform with more than three thousand...
Pyth Airdrop: Ethereum, Solana, and Aptos Set to Benefit from New Platform Launch – Here’s How to Check Eligibility
17.11.2023
Source: Adobe / Vladimir Kazakov DeFi oracle network Pyth has announced the launch of its airdrop campaign, which will distribute approximately 255 million PYTH tokens to its users and community members. In a recent post on X (formerly Twitter), the project said the airdrop is set to commence...
Bitcoin ATM Users in Argentina Can Now Use Lightning Network
17.11.2023
Source: Birdland/Adobe Bitcoin ATM users in Argentina can now use the Bitcoin (BTC) Lightning Network, following similar developments earlier this month in El Salvador. The project is the brainchild of the crypto ATM operator Athena Bitcoin, which launched Lightning Network integration in...
Polygon gas fees spike 1000% amid Ordinals-inspired token craze
17.11.2023
Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
16.11.2023
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required...
Ethereum L2 Starknet aims to decentralize core components of its scaling network
16.11.2023
Starknet has laid out its road map to begin decentralizing core components of its Ethereum layer 2 scaling network to defend against censorship and improve robustness
Blockdaemon among founders of BSN Spartan Network governing body
16.11.2023
The BSN Foundation’s “non-cryptocurrency” approach aims to create a stable network that would not be as volatile as traditional cryptocurrencies like Bitcoin
Solana jumps 20% as Cathie Wood lauds its speed and cost over Ethereum
16.11.2023
Solana has drastically outperformed other major crypto assets, gaining nearly 200% in the last month
CFX Labs Secures $9.5 Million Seed Round To Expand Solana-based Payment Network
15.11.2023
Source: Pixabay CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network. The US-based fintech firm said in a press release on Wednesday that the fundraising was oversubscribed, with Shima Capital, Decasonic, Antalpha, CMT Digital...
White Hat Hackers Awarded $300K After Uncovering Critical Chainlink VRF Vulnerability
15.11.2023
White hat hackers earn $300K Chainlink bounty for responsibly disclosing critical VRF vulnerability. Image by ZayNyi, Adobe Stock. Decentralized oracle network Chainlink recently awarded white hat hackers Zach Obront and Or Cyngiser of Trust $300,000 for uncovering a critical vulnerability in...
Web3 Firm Infura Recruits Microsoft, Tencent, and Others To Build Decentralized Infrastructure Network
15.11.2023
Source: Pixabay Microsoft, Tencent, and 16 other Web2 companies have partnered with blockchain software company Consensys, with the goal of decentralizing the Infura network. The Infura network is currently the key point of access to Ethereum for much of the DeFi industry. With this collaboration...
Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally
15.11.2023
Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail