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Taylor Swift avoids FTX embarrassment as Uniswap and BNB survive fallout, while TMS Network snags a 1700% gain
16.5.2023
The FTX debacle is over five months old, but the controversy trailing the fallout is enormous. Prosecutors are now coming after celebrities that endorsed FTX before its collapse, but Taylor Swift avoided getting dragged because she did her due diligence by asking pertinent questions. While this...
Bitcoin Cash enables CashTokens upgrade on its network
16.5.2023
BCH developer Jason Dreyzehner states that the latest upgrade incorporates support for CashTokens, which he considers a “tool for expanding financial access.”
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
16.5.2023
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the difficulty hit a new high of 48.71 trillion....
U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network
15.5.2023
Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S. investigators
Lost Johnny Bravo, Dragon Ball Z Episode Found After 23 Years
15.5.2023
Internet archivists have finally found and uploaded a long-lost Cartoon Network segment in which ‘90s toon star Johnny Bravo did color commentary on a sped-up episode of the formative shonen anime Dragon Ball Z, and it’s now on the Internet Archive for your viewing pleasure. Check it out and...
Bitcoin Cash Achieves Milestone Upgrade, Unleashing Cashtokens’ Transformative Features
15.5.2023
On May 15, 2023, the Bitcoin Cash network achieved another annual milestone by seamlessly integrating four cutting-edge features into its consensus ruleset. At precisely 1:24 p.m. UTC on Monday, the eagerly anticipated upgrade went live, marking a significant leap forward for the peer-to-peer...
Microsoft, Goldman Sachs, and Others Back Canton Network, a New Financial Blockchain – Here's What You Need to Know
15.5.2023
A number of prominent technology and digital asset firms have expressed support for Canton Network, a new blockchain seeking to streamline financial markets through the use of Web3 technology.
In a recent press release, the platform called Microsoft, Capgemini, Deloitte, IntellectEU, and Umbrage...
Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
15.5.2023
The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July
Future looks bright for XRP & LTC. TMS Network leads with an 1800% price increase
15.5.2023
Crypto firms are finding it ever more difficult to engage in traditional finance products in the midst of the US banking crisis, with some companies now taking on ambitious projects to bring US treasury bills to the blockchain to make these products more accessible in the crypto sphere. This...
Paras connects with Astar network and Polkadot
15.5.2023
Paras has taken the initiative of further increasing its overall reach and has successfully connected with the Astar Network, as well as the Polkadot Network. This was carried out through Launchpad, along with an entire array of more products that will be delivered in time to come. As per...
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
14.5.2023
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently...
Musk on ‘Massive Incentive’ to Get Money Out of Banks, Dave Ramsey Dismisses De-Dollarization Fears, BTC Network Congestion Eases, and More — Week in Review
14.5.2023
Twitter CEO Elon Musk has shared what he calls a “massive incentive” to get money out of bank accounts, noting “bank depositor flight will accelerate to extreme levels, even for banks that are ‘too big to fail.’” Personal finance coach and author Dave Ramsey, for his part, thinks...
Crypto trading legend’s integration, boost TMS Network & challenging Cardano & Dogecoin
14.5.2023
A crypto trading legend is making waves in the industry by exploring U.S. Treasurys integration, which could potentially boost TMS Network (TMSN) and challenge popular cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE). This article will delve into Cardano, Dogecoin, and how...
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
13.5.2023
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that...
Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network
13.5.2023
This week’s Crypto Biz explores Arbitrum’s latest proposal, Ripple’s two-year battle with the SEC and a large corporations’ coalition to build blockchain solutions for institutional investors
Ethereum Network Recovers after Two Consecutive Performance Issues Reported in 24 Hours
13.5.2023
The Ethereum network has recovered after suffering from two performance issues in the past 24 hours that resulted in blocks not being finalized.
In a Friday tweet, pseudonymous Ethereum developer Terence.eth revealed that the network has resumed finalizing blocks, adding that clients,...
Aptos & Polkadot lose almost 10% in 7+ days as TMS Network’s 1700% gains dazzle the market
13.5.2023
The financial and crypto markets have hit a speedbump in the resurgent bull market, with some market analysts calling for the end of the bull run and an irreversible recovery. While bear markets depress all traders, especially in light of Aptos (APT) and Polkadot (DOT) losing a significant portion...
Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’
12.5.2023
Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than...
BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days
12.5.2023
Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens...
Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause
12.5.2023
Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is now running normally. Ethereum Network Experiences...