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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...
JR Kyushu to offer NFTs on Astar Network
12.5.2023
Kyushu Railway Company (JR Kyushu), which is a segment of the biggest railway network in Japan, has come forward with its official announcement that it will be releasing NFTs on the Astar Network. This is a multi-chain smart contract platform that operates with the service’s collaboration...
Particle Network provides complete backing to Tron DAO
12.5.2023
Particle Network has decided to provide complete backing to Tron DAO, as well as the Tron ecosystem. The main intention behind this is to be able to carry out improvements on the development issues and the overall onboarding exposure where the developers are concerned. The idea is to enable them...
TMS Network takes the lead, leaving Chainlink & Filecoin struggling
12.5.2023
The blockchain is the most exciting invention on the internet since the internet itself grabbed the imagination of developers and investors alike. Projects like Chainlink (LINK) and Filecoin (FIL) are changing the world operates and making a profit to boost. However, investors looking to make...
Big breath as Beacon Chain stops finalizing... and then recovers
12.5.2023
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes
EMCO Network Unleashes Blockchain’s Potential for Precious Metal Industry and Financial Inclusion
11.5.2023
PRESS RELEASE. EMCO Network, a pioneering Defi project, is set to revolutionize the digital and financial landscapes by leveraging its unique blend of real-world experience in precious metals and artificial intelligence sectors. Addressing the challenges faced by users from low socio-economic...
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
11.5.2023
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5....