TL;DR Polkadot has recently improved its network performance, significantly boosting the speed and capacity for processing transactions. In addition to its technical advancements, the protocol is exploring a potential $8.8 million sponsorship deal with the American soccer club Inter Miami. What’s New Around Polkadot? The blockchain protocol made the headlines in the past few days due to completing some important advancements. As CryptoPotato reported, it enabled Asynchronous...
Read More »Here Is What 6 Silicon Valley Giants Think About Cryptocurrency
The high-tech industry continues to make active inroads into the blockchain industry, proposing and building out new solutions that make Web3’s products better and more usable by mainstream folks as well as sophisticated industry participants. 1. Block CEO Jack Dorsey – Bitcoin Bull Back in 2021 at “The B-Word” conference by Crypto Council for Innovation, on a panel alongside Cathie Wood and Elon Musk, Dorsey said, “It’s deeply principled, it’s weird as hell [and] it’s always...
Read More »BlockDAG’s 27th Dev Release Brings Next-Gen Sync Mechanisms, Riding On A 600% Price Surge And Updated Roadmap
BlockDAG’s 27th Development (Dev) Release introduces innovative synchronization mechanisms that enhance network speed and efficiency. With options like full, light, fast, and warp sync modes, it accelerates node integration by focusing on recent data and checkpoints. This warp sync feature makes BlockDAG more accessible, allowing new participants to join quickly while fostering an inclusive ecosystem. Riding high on a 600% price surge from its first to its 11th...
Read More »Solana Meme Coin Penguiana Raises 800 SOL In The First 7 Days Of Presale, Set To Release P2E Game Demo Next Month
[PRESS RELEASE – Dubai, UAE, May 10th, 2024] Penguiana, the latest penguin-themed Solana meme coin, has successfully raised over 800 SOL during the initial week of its presale. The Penguiana team views the growing interest in this new meme coin, spurred by this remarkable achievement, as a testament to its potential within the Solana ecosystem. What is Penguiana? Inspired by the communal and fun-loving nature of penguins, Penguiana is not just another meme coin. It is setting...
Read More »Ethereum L2 Eclipse CEO Steps Back Amid Sexual Misconduct Allegations
Neel Somani, the founder and CEO of the Ethereum layer 2 blockchain project Eclipse, has announced a temporary reduction in his role following allegations of sexual misconduct. In a statement posted on May 9th, Somani addressed the accusations, asserting his innocence while acknowledging the seriousness of the situation. Somani Denies Sexual Misconduct Allegations The allegations against Somani surfaced on Twitter in the past week, prompting his swift response. He denied...
Read More »Top Polkadot (DOT) Price Predictions for 2024
TL;DR Despite its recent 14% decline to around $7, some analysts think Polkadot (DOT) has a huge potential to rally in the near future. A potential bull run depends on technical advancements and overcoming certain support zones. Is DOT a ‘Sleeping Giant?’ The blockchain protocol – Polkadot – has passed through numerous developments as of late, capturing the eye of many industry participants. Despite those advancements, though, its native cryptocurrency – DOT – has...
Read More »Ripple und XRP: Alles, was Sie über die Kryptowährung wissen müssen
Ripple ist ein Open-Source-Protokoll für ein Zahlungsnetzwerk, mit dem schnelle und günstige grenzüberschreitende Geldtransfers ermöglicht werden sollen. Das Netzwerk basiert auf einem verteilten Hauptbuch, das Transaktionen in Echtzeit verarbeitet und validiert. Ripple ist auch der Herausgeber der blockchain-basierten digital Wähurng XRP, welche auf jeder grossen Bitcoin-Börse vertreten ist. Was ist XRP? XRP ist die native Kryptowährung des...
Read More »Bitcoin: Preisprognosen sind mit Vorsicht zu geniessen
Der Bitcoin-Kurs hat in den letzten Jahren eine Achterbahnfahrt erlebt, mit steilen Anstiegen und ebenso tiefen Abstürzen. Infolge dieser Volatilität sind zahlreiche Prognosen zum zukünftigen Preis des Bitcoins entstanden. Während einige Analysten glauben, dass der Bitcoin die Marke von 100’000 US-Dollar oder sogar noch mehr erreichen wird, sind andere vorsichtiger und prognostizieren einen Rückgang auf deutlich tiefere Niveaus. Es ist wichtig zu...
Read More »This is Why Ethereum is No Longer a Deflationary Network: CryptoQuant
Over the years, analysts and developers have touted Ethereum as a deflationary network, presenting the blockchain as ultrasound, aligning with Bitcoin’s sound money principle. However, that seems to have changed with the network’s latest upgrade. CryptoQuant analysts revealed in the firm’s latest weekly report that Ethereum ceased to be a deflationary network after the Dencun upgrade, implemented in March, which reduced the blockchain’s transaction fees by a substantial...
Read More »Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions
CoinspeakerFranklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions Besides the rising activity on SociaFi, Franklin Templeton also attributed the rise in activity on Base to meme coins and an increase in the supply of Circle’s USDC stablecoin on the network. Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions
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