Tezos blockchain notes power savings after PoS switch: PwC report
The switch to proof-of-stake has had noticeable energy saving effects for the Tezos network. Go to Source Powered by WPeMatico
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Blockchains need to move toward standards for interoperable asset transfers
A new emerging economy, which includes blockchain-native tokens, digital tokens, stablecoins and CBDCs, requires interoperable blockchain standards. Go to Source Powered by WPeMatico
BadgerDAO reportedly suffers security breach and loses $10M
All smart contracts have been paused but users are urged to revoke permissions to the compromised smart contract to avoid any further losses. Go to Source Powered by WPeMatico
Wear-to-earn NFTs target the billion-dollar fashion industry
Here’s how “wear-to-earn” NFTs will impact the fashion sector and what may happen if they become a trend. Go to Source Powered by WPeMatico
Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) … Read more
Stablecoin issuers poised to be banks of the future on road to adoption
Stablecoins are destined to grow, experts suggest, but are regulations the only way for the market to reach its full potential? Go to Source Powered by WPeMatico
SEC open meeting on Dec 2 to include crypto panel discussion
The SEC is opening discussion on crypto and blockchain technology with regard to American investors. Go to Source Powered by WPeMatico
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
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
ASIC Chair Longo calls the growing demand for crypto ‘impossible to ignore’
He told an audience that the rise of blockchain currencies has been “nothing short of phenomenal.” Go to Source Powered by WPeMatico
How Solana and Cardano are paving new avenues for NFT growth
With strong competition from networks like Solana and Cardano, will Ethereum’s dominance over NFTs hold much longer? Go to Source Powered by WPeMatico