Solana Labs, a blockchain technology company, has recently released a blog post outlining plans to address the balance between reliability and building a scalable and fast network. This comes in light of the issues that arose during last week’s 1.14 network update, which aimed to improve the network’s speed and scalability. The core engineers of Solana Labs…
Solana’s NFT project Underground Society has announced the opening of its Core Beta on March 7th, allowing users to buy and trade collections including DeGodsNFT, y00tsNFT, SolanaMBS, DegenApeAcademy, SmythsNFT, and GalacticGeckoSG. To gain access to the beta, users must hold two or more Underground Society (UGS) NFTs. ᴄᴏʀᴇ ʙᴇᴛᴀ ɪꜱ ɴᴏᴡ ᴏᴘᴇɴ ⚠️ ᴜꜱᴇʀꜱ ᴄᴀɴ…
The Solana network, a popular blockchain platform known for its high-speed transaction processing, has been experiencing a deep freeze that has caused a complete shutdown of activity on the network. Validators and developers have been working tirelessly to restore service to users, but their efforts have been hampered by a number of technical issues. On…
Venezuelan prosecutors have arrested 21 people in connection with a wide-ranging cryptocurrency-related corruption scheme on state oil company Petroles de Venezuela SA (PDVSA), according to Reuters. The expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen. The country’s attorney general has also issued arrest warrants for 11 more people….
Bitcoin price is currently trading around $ 54,255. It is forecasted that Bitcoin is likely to retest the $ 42,000 threshold. Bitcoin price dropped to the floor, experts pessimistic According to CoinMarketCap, the volume of Bitcoin transactions in that period was around $ 65.3 billion, with a recorded capitalization of $ 1,043 billion. Bitcoin suddenly…
In a surprising turn of events, the South Korean cryptocurrency exchange Upbit has emerged as a key player in the recent surge of Bitcoin Cash (BCH). According to reports from Wu Blockchain, Upbit recorded a staggering trading volume of over $350 million for the BCH/KRW pair in the past 24 hours. South Korea may be…
The price of Bitcoin has been on a downward trend since reaching an all-time high of over $69,000 in November 2021. However, some analysts believe that the market may be close to a turning point, based on a metric called Supply Loss Percent. Supply Loss Percent is a measure of how much Bitcoin supply has…
Binance has announced the launch of Pixels (PIXEL), a social web3 game built on the Ronin Network, as the 46th project on its Launchpool platform. Users will be able to stake their BNB and FDUSD tokens into separate pools to farm PIXEL tokens over ten days, starting from February 9, 2024. Pixels is an interoperable web3 farming…