Network fees are no longer calculated using the first-price auction approach. Polygon has lately had a gas crisis of its own. The Polygon team forecasts that MATIC’s supply will become deflationary when fee burning begins. Polygon, a layer-two scaling network, has implemented the Ethereum update that included a fee-burning mechanism
January 18, 2022 1 min read
AI-based NFTs are expected to gain due to the Metaverse’s surge in popularity. Generative adversarial networks, are often used to produce AI-generated NFTs. There were $25 billion worth of non-fungible token (NFT) sales in 2021, proving that the sector is one of the most sought-after in crypto, according to CoinMarketCap.
January 16, 2022 1 min read
The PhantaBear’s 10,000 NFTs sold out in less than 40 minutes. The overall worth of the NFTs was estimated at $53 million USD. PhantaBear NFT series was just released a short time ago and has already sold out its first production run of 10,000 units. Asian music star Jay Chou
January 16, 2022 1 min read
AVME can be used to detect and guard against malicious materials. Libre DeFi has been up 5.05% in the last 24 hours. 2021 was an incredible year for the Avalanche ecosystem. AVAX’s price increased by over 2800% in the single year alone. The Avalanche ecosystem currently has 160 projects in
January 15, 2022 1 min read
Vitalik continued the discussion by adding a fresh set of alternatives to the poll. Over 600,000 people voted, with 42 percent choosing ADA as the winner. Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that
January 15, 2022 2 mins read
Amy Wu has been hired as the new business unit and fund head. Some $25.1 billion was raised for crypto businesses and initiatives in 2021. New venture capital funds have been formed by Sam Bankman Fried’s FTX, adding billions of dollars to the already bloated private market for cryptocurrency investment.
January 14, 2022 1 min read
Dogecoin (DOGE) is now accepted for merchandise purchases at Tesla. Customers will not be able to purchase electric cars using Dogecoin. 🐳 An ETH whale just bought 8,000,000 $DOGE ($1,411,777 USD). Transaction: https://t.co/1ALOu9kMMo#Doge #Tesla #Dogecoin #DogecoinToTheMoon pic.twitter.com/v0eqGpGO32 — WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) January 14, 2022 WhaleStats
January 14, 2022 2 mins read
Users may access and run ready-made blockchain tools Forward Protocol raised $1.25 million in Seed & Private funding. The Forward Protocol is a technological platform that connects participants in the Metaverse to useful apps and template-driven smart contracts at a low cost and with a clear roadmap. With an eye
January 13, 2022 2 mins read
Since December 4, the rise has seemed like a five-wave upward movement. A bearish pattern has formed post the tweet: YFI has completed a double top. January 3 saw the price of Yearn.finance (YFI) rise for the last five consecutive days, reaching $42,000. Specifically, the negative prognosis is based on
January 13, 2022 2 mins read
DeFi Lama lists just one Cardano Dapp, MuesliSwap. Hoskinson said that people focus too much on the little picture. According to Charles Hoskinson, a global blockchain network has its own set of challenges. However, even if such were the case, the accomplishments accomplished so far would remain genuine. Charles Hoskinson,
January 12, 2022 1 min read