Network Financial News

10.05 / 13:43

markets business Blockchain Stablecoin Suspends network Withdrawals Binance temporarily suspends LUNA, UST withdrawals citing network congestion

As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major crypto exchange Binance temporarily suspended the withdrawals for Terra (LUNA) and UST on Tuesday.

10.05 / 07:31

Bitcoin network Bitcoin Network Bitcoin network transactions and fees surge amid investor de-risking

The number of transactions on the Bitcoin network has spiked over the past week, which blockchain analysis firm Glassnode suggests are ‘urgent’ transactions due to investors de-risking.

04.05 / 17:21

Provident Twitter Platform Mobile network seed funding LongHash Ventures Leads USD 1.5 Million Pre-seed Funding Round for Web3 Game Data and Development Platform Particle Network

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

04.05 / 11:51

Blockchain Provident Platform Software network Support Web3 Data Ecosystem Pocket Network Adds Support for the Fantom Blockchain

The Web3 blockchain data ecosystem Pocket Network adds support for the Fantom blockchain, allowing developers to mint Fantom RPC endpoints for their applications directly from Pocket Portal, earning $POKT tokens.

03.05 / 14:15

NFT fees transactions DDoS network Solana developers share 3 key mitigation steps to make the network robust

TheSolana network faced its seventh outage on April 30, resulting in a downtime of over seven hours. The developer team has come out with an outage report along with three key mitigation steps to make the network more stable.

02.05 / 18:37

Adoption regulation Lightning Network Bitcoin network Lightning Network Adoption at Exchanges is Growing: This is Why It’s Good for Bitcoin

From the outside, it might look like the Lightning Network (LN) is a classic example of vaporware. It has long been touted as the layer-two solution that will make Bitcoin (BTC) more viable as an everyday medium of exchange, yet the fact remains that Bitcoin still isn’t used on a large scale for payments.

02.05 / 07:45

Blockchain solana transactions Consensus network Solana suffers 7th outage in 2022 as bots invade the network

The Solana (SOL) network suffered a seven-hour outage overnight between April 30 and May 1 due to a large number of transactions from nonfungible token (NFT) minting bots.

30.04 / 13:33

Blockchain BTC Markets Bitcoin network Time Bitcoin Network Bitcoin network difficulty breaks into a new all-time high of 29.794T

Reassuring its position as the most resilient blockchain network against attacks, the Bitcoin (BTC) network recorded a new all-time high network difficulty for the second time this month in April — jumping from its previous all-time high of 28.587 trillion to 29.794 trillion.

30.04 / 09:03

NFT Polygon network Mind Trace Network launches Buddy to mind your metaverse doppelganger

Trace Network Labs has launched Buddy — a project to create doppelganger avatars in the metaverse — which are highly close to the real-looking person. Buddy is a human-looking avatar (virtual replications of the users themselves) bearing a high likeness to their physical attributes and other characters. These avatars can be minted using the Polygon blockchain, which are quite eco-friendly with negligible 'gas fee' The gas fee is the transaction fee required on a blockchain to validate a transaction and in this case, minting a 'Buddy' avatar NFT.

28.04 / 23:59

Blockchain Provident CEO Platform network Pocket Network Adds Abundant Bandwidth to Fantom Blockchain

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

28.04 / 17:11

Hash Rate BTC Markets Bitcoin network Bitcoin Network record high Bitcoin network hash rate hit a new record high amid price volatility

The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark.

28.04 / 16:09

Blockchain defi inflation network 'Hyper-deflationary' network launches mainnet amid rising inflation

AXIA, the team behind the novel message-to-earn approach of AXChat, announced the mainnet launch of its blockchain and native currency on Thursday. The new network is designed to provide a "hyper-deflationary" economic model in which the cryptocurrency becomes more and more scarce as its adoption grows.

28.04 / 09:53

Polygon fantom network Fantom blockchain gets bandwidth powered by POKT Network

Fantom Blockchain, a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. Pocket Network provides limitless blockchain bandwidth from a globally distributed network of more than 44,000 full nodes to applications in Web3 across 45 blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony. Pocket Network enables developers to mint Fantom RPC endpoints for their applications directly from the Pocket Portal.

21.04 / 13:01

Blockchain COST Ethereum Platform transaction costs network Costs MakerDAO Adds Layer-2 Network StarkNet to Address DAI Transaction Costs

MakerDAO, a major DeFi protocol and the creator of the DAI stablecoin cryptocurrency, announced on Wednesday that it has integrated StarkNet, an Ethereum Layer 2 network (a scaling solution), on its platform.

21.04 / 12:53

Blockchain Altcoin Environment Algorand network Algorand aims to convert network transaction fees into carbon offsets

Proof-of-stake blockchain protocol Algorand will implement a smart contract that will automate the offsetting of the network’s carbon emissions.

20.04 / 15:19

Ethereum defi layer2 Dapps network MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin

MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum rollup, StarkNet.

20.04 / 10:39

BTC Bitcoin network BTC Lightning Network April 2022 stat invokes the aid of bulls

Bitcoin might be the coin that defined the crypto industry as we know it today, but the Bitcoin Lightning Network could be the solution that brings Bitcoin micro-payments to those outside the crypto sector. But with multiple market crashes since early December 2021, what is the state of the Lightning Network (LN), really?

18.04 / 18:55

Adoption Lightning Network Bitcoin network bitcoin lightning Bitcoin Lightning Network Payments Jump Over 400%, 80M Users Have Access to Network

As the usage of the Bitcoin (BTC) Lightning Network is growing rapidly, now more than 80m users are estimated to have access to this network, compared with 100,000 users last summer, a new report from Arcane Research has found.

18.04 / 14:25

Adoption Gaming Lightning Network Bitcoin network play Play-to-Earn Bitcoin Games: How Lightning Network Enables Gamers to Earn Sats

The gaming universe has evolved over the years, now enabling professional gamers across the globe to earn an income at esports tournaments. But it’s not just esports athletes that are making money gaming.

18.04 / 13:33

Blockchain cryptocurrency Platform network Blockchain Network Will Smith And Paris Hilton Among Investors In Blockchain Network Boba

Blockchain network Boba raise money, Will Smith and Paris Hilton among investors

15.04 / 20:25

Blockchain Ethereum Provident Cross-Chain network Leader in cross-chain releases tool to easily call contracts between any network

Although blockchain technology, in general, is seeing rates of increased adoption, another barrier still exists before its usage hits the mass market. The barrier itself is more commonly known as blockchain interoperability. At present, there are multiple blockchains at play, each excelling in its own area and facing shortcomings in others. Consequently, blockchain networks now operate independently from each other without interacting. Their independence makes it difficult for participants to transact across blockchains and for developers to create a solution that realizes the entire potential of blockchain technology.

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