Blockchain

Sam Bankman-Fried – CEO of the cryptocurrency exchange FTX – opined that the 17-hour network outage which Solana (SOL) experienced last week was due to its rapid growth. He also said stablecoins are an essential part of the ecosystem and urged the US regulators not to ban them. Solana Was Down Because It Grows Too Quickly In a recent interview for Bloomberg, the Founder and CEO of FTX – Sam Bankman-Fried – shared his stance on hot topics such as Solana’s disruption and...

Bitcoin El Salvador: This country bought the dip Dips are for buying, don’t take our word for it, that’s some solid presidential advice. In a mere 3 days, Bitcoin lost 5,000 euros in value. A small, perfect dip if you were waiting for a buying opportunity. Apparently El Salvador was one of those waiting on the sidelines. The President let the world know they are stacking sats again. They can’t beat you if you buy the dip Buying the dip ? 150...

The number of full nodes in the Utopia P2P ecosystem has passed the 30,000 mark.This means that more than 30,000 nodes are working for the security and resilience of the network. Stability The number of full nodes within the Utopia decentralized ecosystem has reached 30,000 and is moving forward. This number is an indicator of the stability of internal processes and a guarantor of reliability. Nodes in the blockchain have one of the most important roles – they are...

The global gambling industry is in the midst of being completely reinvented thanks to the recent adoption of cryptocurrencies, and the now flourishing DeFi (Decentralized Finance) sector. This growth has been further propelled by the explosion of NFTs (Non-fungible tokens) and the emergence of esports in the wake of the Coronavirus pandemic. The development of decentralized smart contracts & oracles have empowered sportsbooks to aggregate real life events onto the...

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

The team behind Solana yesterday gave a detailed report on how its validators from all over the world rescued the network from an outage that lasted nearly 18 hours. IDO Bots Responsible for Solana’s Downtime According to the report, the network outage was a result of Grape Protocol’s IDO, which launched on the Raydium exchange in the early hours of September 14th. While trying to manipulate the rules of the IDO, several traders used bots to generate limitless transactions,...

NFT trading card game “Splinterlands” has recently become the most widely played blockchain game on the market by daily user count. Splinterlands’ Exponential Growth Data from DappRadar confirms that Splinterlands has surpassed 260 thousand daily active users. This is greater than the number of players in the Alien Worlds metaverse, which is just shy of 250 thousand users at the time of writing. Splinterlands cards. Source: SplintertalkGoing by the numbers, Splinterlands...

Gary Gensler and the Securities and Exchange Commission (SEC) are really feeling the heat when it comes to developing new regulations surrounding the bitcoin and blockchain spaces. The agency is now working “overtime” as CNBC puts it to establish a new set of crypto-related rules designed to pause volatility and potentially keep traders (and their money) safe. Gary Gensler Is Now Under the Gun Gensler has commented in a recent statement that while he wants the space to...

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

Square – a payment firm run by the head of Twitter Jack Dorsey – is joining a non-aggression pact against cryptocurrencies. The pact is designed to reduce patent lawsuits against crypto and blockchain companies and push the world of digital currency more toward mainstream territory. Square Wants Crypto Companies to Work Together The pact is known as the Open Invention Network, in which members like Square can pledge royalty-free access to certain patents, data, and...