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Sonic blockchain reaches record 720ms finality in testnet phase
8.9.2024
Sonic could become the fastest blockchain by finality if it maintains this performance on the mainnet
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
7.9.2024
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday,...
Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
7.9.2024
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access to Sonic’s Solana Virtual Machine (SVM) technology and a potential opportunity to earn tokens. Sonic...
Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
7.9.2024
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy...
Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures
7.9.2024
The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is...
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
7.9.2024
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking it to SWIFT to allow users to initiate payments conventionally...
Atari founder’s new firm partners with Skale Labs for gasless blockchain gaming
6.9.2024
According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually
Fractal Bitcoin Set to Launch Sidechain With Unique Merged-Mining Mechanism
6.9.2024
Fractal Bitcoin, a sidechain of Bitcoin created by the Unisat wallet team, is gearing up for its debut on Sept. 9, introducing a fresh twist on mining called “Cadence Mining.” This process plans to enable bitcoin miners to merge-mine with Fractal Bitcoin every three blocks, offering...
Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale
6.9.2024
The project is taking advantage of an increasingly popular fundraising method known as "node sales" just months after a traditional $12 million fundraise
Japan’s major banks back new stablecoin project for global trade
6.9.2024
Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20
Crypto venture capital funding surges to $633M in August rebound
6.9.2024
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development
Magic Eden faces backlash over US service segregation
6.9.2024
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops
The Role of Blockchain in Supply Chain Management: Transforming Transparency and Efficiency
6.9.2024
In the evolving landscape of global commerce, supply chain management stands as a pivotal element in ensuring the smooth operation […]
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‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet
6.9.2024
Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet
Blockchain experiment results in swarm of decentralized learning robots
5.9.2024
The research focused on securing the machines against physical and cyber-attack while maintaining their decentralized learning capabilities
86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
5.9.2024
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions...
A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
5.9.2024
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite...
DePIN to be ‘crypto’s next big use case’ — MV Global
5.9.2024
Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology.
DePIN to be ‘crypto’s next big use case’ — MV Global
5.9.2024
Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology.
Bitcoin Miner Iris Energy Increases Mining Output by 10%
5.9.2024
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining...