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During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between 6% to 20%. Global Markets … Read more
The report also found that a transaction on the Solana blockchain uses 24 times less energy than charging your phone. Go to Source Powered by WPeMatico
According to the game’s developers, it’s the largest sum ever paid for virtual real estate. Go to Source Powered by WPeMatico
During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the 40% region for several days now. … Read more
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year. Go to Source Powered by WPeMatico
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates. … Read more
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which the chain … Read more
On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept digital currency payments for collectible automobiles. RM Sotheby’s Announces Crypto Payment Support via Bitpay … Read more
Metaverse gaming tokens, including Sandbox’s SAND and Axie Infinity’s AXS, have bucked the downtrend in Bitcoin and Ethereum. Go to Source Powered by WPeMatico
The move is expected to improve the validation process for DApps on the Polygon network. Go to Source Powered by WPeMatico