The blockchain network was developed to hold an interaction between participants without any central authority. The blockchain’s scaling problem arises because of the continuously growing number of nodes. Moreover, different factors are affecting the blockchain’s scalability. The Layer-1 and Layer-2 solutions could solve the blockchain’s scaling problem. Polygon Nodes are the Layer-2 solution for the Ethereum blockchain,...
Today we will analyze the history of the LUNA coin, which has become a milestone for the entire crypto industry; in total, about 60 billion dollars were lost overnight! Terra was created in 2018 by two South Koreans, Do Kwon, and Daniel Shin. As planned, it was a decentralized payment system for making fast and cheap...
The Solana ecosystem is seeing a positive start to September. According to some reports, the network has processed a total of 96.62 million transactions and is currently executing over 3,000 transactions per second. Experts predict a new rally for Solana. The network has caught the attention of the crypto community this week as the LunarCrush chart shows a...
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a speech on Thursday that the vast majority of cryptocurrencies on the market are securities. Thus, they must fall under the relevant laws. “Investor protection is just as relevant, regardless of the technologies used,” he stressed. Later in his talk, Gansler set his sights on centralized and...
The Russian bank Sberbank will issue non-fungible tokens based on its platform for digital financial assets Sberbank plans to open access to its Digital Financial Assets (DFA) platform for retail investors at the end of 2022. This is reported by Interfax with reference to the deputy chairman of the board of the bank Anatoly Popov. In addition to the DFA,...
Just a few hours after the news of the death of Queen Elizabeth II, a lot of royal-themed tokens appeared on the crypto market Elizabeth II was Queen of the United Kingdom from February 1952 until her death on September 8, 2022. She ruled for 70 years and 214 days - the longest of any monarch -...
Over the past night, Bitcoin has risen in price by 5%, rising to $20,250, according to Binance. The cost of the cryptocurrency may show the first week of growth after three weeks of decline. What are the reasons? The Situation In The Stock Market The growth of bitcoin began to be observed after the rise of American stock indices by...
After the death of Queen Elizabeth, numerous tokens appeared on this topic. This is a classic example of a pump and dump. But the crypto community reacted negatively to speculation about such a tragedy. The death of Queen Elizabeth resulted in over 40 meme tokens on Ethereum and Binance Smart Chain (and at least one...
The Merriam-Webster American English Dictionary has included the words metaverse and altcoin in its list of terms. The American Merriam-Webster Dictionary (also known as "Webster's Dictionary") included the words "metaverse" and "altcoin" in its 2022 list of terms. Bloomberg writes about it . According to the dictionary, the metaverse is defined as "a permanent virtual environment that allows access and...
GameStop partners with FTX They will accelerate the adoption of crypto services for clients After this news, GameStop shares soared FTX US and GameStop have announced a partnership. The crypto exchange will become the main partner of the retailer and will help develop new client services in the field of Web 3.0. GameStop will also sell FTX gift cards...
