Network Financial News

10.02 / 17:43

Law EOS Court foundation network EOS Network Foundation reveals plans to pursue a $4.1B lawsuit against Block.one

In a new chapter of the EOS community versus creators saga, the EOS Network Foundation’s (ENF) founder and “community-elected CEO” Yves La Rose revealed that they are preparing for a legal “war” against EOS creators Block.one.

09.02 / 14:11

Adoption Lightning Network lightning Bitcoin network bitcoin lightning Bitcoin Lightning Network growth capacity plateaus at 3,400 BTC

Following an exponential climb in capacity over 2022, the Bitcoin (BTC) Lightning Network made a lackluster start to the new year. According to a report by Arcane Research, growth in the Lightning Network capacity, or the number of BTC locked up in channels, has stuttered.

09.02 / 04:13

markets Ethereum DEX network Ethereum price holds above $3K but network data suggests bulls may get trapped

When analyzing Ether's (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb. 7.

09.02 / 00:03

Blockchain Cardano Africa network SKALE Blockchain-based internet company 3air abandons Cardano for SKALE network

Africa-focused blockchain internet company 3air has officially abandoned the Cardano blockchain in favor of SKALE, a network powered by Ethereum, after reporting a “massive talent shortage” for Haskell developers.

08.02 / 18:25

BLOCK Amazon network ReserveBlock Foundation Announces the RBX Network Masternode Release & Presale

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

08.02 / 14:17

ETH Binance Digital Action network place Dvision Network 2nd LAND Sale on Polygon Successfully Takes Place

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

08.02 / 12:57

Adoption Lightning Network lightning Bitcoin network bitcoin lightning Bitcoin Lightning Network goes live on Cash App

Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address.

07.02 / 17:05

regulation DEX network Beginnings of sustainable and connected world apparent in scalable compute network mainnet launch

Blockchain holds significant promise for avid cryptocurrency investors and the world at large. Unfortunately, the keyword in this phrase is “promising.” Upon an initial industry inspection, high computing costs are among the apparent barriers before the technology is ready for prominent, real-world applications.

03.02 / 17:58

Blockchain defi Lightning Network Bitcoin network First publicly listed, purpose-built Lightning Network company launches new accessible platform

Bitcoin’s Lightning Network is a layer-2 solution providing scalability to the Bitcoin network itself. It offers faster and cheaper transactions while providing users with a way to buy simple products and services such as coffee with their digital assets.

03.02 / 14:39

COST UPS Cross-Chain network Exploit Costs DeFi’s second-largest exploit costs cross-chain network Wormhole over $326M

While 2021 was inarguably the year of DeFi hacks, 2022 is fast catching up to its predecessor. Although January witnessed its fair share of crypto-crime, February may soon put it in its shadow.

03.02 / 02:19

Blockchain Provident Platform Software network ADALend Sign the Contract with Robatz Network for the Cardano Native Decentralized Lending Protocol Development

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

01.02 / 09:15

business Research American Express Bitcoin network transaction volume Bitcoin Network Bitcoin Network Transaction Volume Surpasses American Express: Research

New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021.

01.02 / 00:33

business Blockchain Adoption Bitcoin network Report: Bitcoin mining network accounts for 0.08% of world's CO2 production

In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or CO2, in 2021. In context, the number amounts to less than 0.08% of the world's total emissions of 49,360 Mts of CO2 in the same year. CoinShares came to such figures using a variety of estimates regarding the efficiency of the Bitcoin network, its energy use, hardware, etc., on a global scale. As a result, it may not reflect the actual CO2 emission of the network. But the report's estimate of worldwide CO2 emission is mainly in-line with industry figures.

01.02 / 00:33

markets solana DDoS Drop network TVL, network outages, or derivatives: What's behind Solana's (SOL) 60%+ drop?

The past couple of months have not been kind to cryptocurrencies. The sector's aggregate market capitalization plunged 50% from a Nov. 10 peak at $2.87 trillion to the current $1.44 trillion. Solana's (SOL) downfall has been even more brutal, presently trading at $88 after a 66% correction since its $260 all-time-high.

29.01 / 22:35

Ethereum network Astar Network to raise $22 million, funds to go towards enhancing interoperability

Two-and-half-year-olds aren’t expected to do much in real life, but that isn’t the case in the crypto sector. In fact, a project under development for 2.5 years is now making headlines across the industry after its ‘rags to riches’ story ended with a lucrative strategic investment round.

29.01 / 01:57

markets Binance Polygon network Kyber Network (KNC) bucks the market-wide downtrend with a 57% gain in January

In the crypto market volatility continues to reign supreme, and fear, uncertainty and doubt (FUD) run rampant. This makes it challenging for any project to rise above the noise and post positive price gains but there are a few projects that are showing strength during the current downturn.

28.01 / 01:17

Blockchain Technology Adoption Cardano network NOT Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success

According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind to go live on Cardano. At the same time, the total value locked for the ADA blockchain reached a record of approximately $80 million, despite the recent fall in the token's price from the ongoing down market.

25.01 / 00:43

Blockchain Ethereum Binance Platform network week Here’s what led to a week of turmoil on Solana’s network

Solana, which was somewhat of a star performer in 2021, has suffered a week of turmoil.

24.01 / 12:45

Blockchain Digital Bitcoin network crypto volatility Solana sees Network Instability Amid Crypto Volatility

Solana was hit by instability due to excessive duplicate transactions, according to a Jan 22, 2022, report by Bloomberg, citing a notice on the blockchain network’s website.

24.01 / 12:23

Blockchain defi solana network Solana's Network Congestion Prompts Liquidations, Drives Away Users

Public blockchain platform Solana (SOL) experienced high network congestion once again over the weekend. The team confirmed the outage, which extended from Friday to Saturday, adding that the network suffered from overload due to bots spamming the network.

23.01 / 08:35

Blockchain Bitcoin Bitcoin Price network Time Bitcoin records all-time high network difficulty amid price fluctuations

The Bitcoin network difficulty is determined by the overall computational power, which co-relates to the difficulty in confirming transactions and mining BTC. As evidenced by the blockchain.com data, the network difficulty saw a downfall between May and July 2021 due to various reasons including a blanket ban on crypto mining from China.

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