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Ethereum's New Low-Fee Regime May Put Its 'Ultra Sound Money' Thesis to Test
13.10.2023
The Ethereum network's revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said
What is blockchain network congestion?
13.10.2023
Blockchian network congestion results in delayed transaction confirmations, increased costs and a slower user experience
River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years
13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...
Flare Network Will Burn 2.1B FLR to Support Ecosystem Health
13.10.2023
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026
JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...
TON Foundation Aims to Secure Guinness World Record as the World's Fastest Blockchain
12.10.2023
On October 11, the Open Network Foundation (TON Foundation) announced its participation in a Guinness World Records-approved competition to claim the title of "world's fastest blockchain." The public network performance test is slated to take place on October 31, 2023, at 15:00 UTC. During this...
WOO Network to sever ties with Three Arrows Capital after share buyback
12.10.2023
WOO Network said it had agreed to repurchase all the tokens and equity previously held by collapsed hedge fund Three Arrows Capital
Bitcoin Price Prediction as Lightning Network Growth Reaches 1,000% in Two Years – Adoption on the Rise?
11.10.2023
As the digital gold rush continues, Bitcoin remains at the forefront of the crypto landscape. Despite a recent hiccup where it struggled to breach the $28,000 threshold, dropping to $27,100 on Wednesday, enthusiasts remain optimistic.
The entire cryptocurrency market cap stands at a staggering...
PS5 Finally Gets Cloud Gaming Later This Month
11.10.2023
Sony’s cloud gaming efforts are starting to ramp up. PS Plus subscribers will be able to start streaming big-name games like Spider-Man: Miles Morales and the Resident Evil 4 remake directly to their PlayStation 5s in the coming weeks. The company also hints that PS5 cloud gaming might be coming...
Best Crypto to Buy Now October 11 – Render, Rollbit Coin, eCash
11.10.2023
JPMorgan successfully executed its first live blockchain transaction today involving tokenized shares, heralding a new era for collateral management.
The banking giant facilitated the transfer of tokenized BlackRock money market fund shares to Barclays as collateral for a derivatives contract....
Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days
11.10.2023
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $35.31 million, to its total supply. Ethereum’s Growing Inflation Fueled by Onchain Downturn Previously...
JPMorgan Chase Conducts First Blockchain-Based Collateral Settlement with BlackRock and Barclays
11.10.2023
The blockchain-based collateral settlement application of JPMorgan Chase & Co., a global banking giant, the Tokenized Collateral Network (TCN), is now live, having completed its inaugural transaction involving two significant clients: BlackRock and Barclays. ...
Read More: JPMorgan Chase Conducts...
Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
11.10.2023
The goal of BitVM is to enable Turing-complete Bitcoin contracts without making the network more complicated for other users
Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber
11.10.2023
io.net has built a decentralized physical infrastructure network that will source GPU computing power for AI and machine learning
WOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital
11.10.2023
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address
Bitcoin Lightning Network growth jumps 1,200% in 2 years
11.10.2023
A report from the Bitcoin-only exchange River suggests increased Lightning usage will play a key role in Bitcoin becoming a better medium of exchange
Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network
11.10.2023
New details came to light on October 10 in the ongoing trial of former FTX CEO Sam Bankman-Fried. Caroline Ellison, Bankman-Fried's ex-girlfriend and former head of affiliated firm Alameda Research, took the stand to deliver key testimony for the prosecution.
With the latest development...
Sony Raising Price Of All-Digital PS5 By $50
10.10.2023
Sony revealed the long-rumored “slim” models for the PlayStation 5, and while they are a lot lighter than the existing consoles, the specs haven’t really changed. What has changed is the price, however. The company announced the new all-digital PS5 will be priced at $450 instead of $400.Read more
Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network
7.10.2023
Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares...
What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano
7.10.2023
On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender....