Ava Labs has detailed their scaling solution Vryx in an effort to enable Avalanche blockchain rates of about 100,000 transactions per second. The scaling strategy was described in a research piece that was published today, and Ava Labs is already employing it. In the next few weeks, it intends to
January 27, 2024 1 min read
Flipside, a blockchain analytics startup, reports that in 2023, Polygon gained almost as many cryptocurrency users as Ethereum. Although it fell around 160,000 users shy of Ethereum’s 15.4 million in 2023, the scaling solution Polygon reported 15.24 million gained users. According to Flipside, a user is considered acquired if they
January 26, 2024 1 min read
Pacific Meta and blockchain gaming ecosystem Oasys collaborated to facilitate gaming projects on Oasys by using Pacific Meta’s plethora of knowledge in introducing Web3 products to the Chinese-speaking market. Pacific Meta has established a track record of supporting big gaming firms looking to get into the Chinese-speaking market. It will
January 25, 2024 1 min read
Bakkt Holdings, a provider of crypto solutions, has announced plans to extend its cryptocurrency operations into new global markets. Yesterday, Bakkt reaffirmed its partnership with SogoTrade, a digital brokerage, and Hapi, a stock trading platform, two of its existing clients. Bakkt has expanded its Latin American footprint from Argentina and
January 25, 2024 1 min read
Several critical stats soared in the last week, contributing to Solana’s NFT ecosystem’s flourishing. This occurred as the value of its native token dropped by more than 5% in the last 24 hours. According to CryptoSlam’s research, Solana’s NFT ecosystem saw development in many areas within the last week. Its
January 23, 2024 1 min read
Fully decentralized multi-chain service provider UNCX Network is teaming up with HELLO Labs’ reality TV series “Killer Whales,” which is dubbed “the Shark Tank of Crypto” and is co-produced by CoinMarketCap and AltCoinDaily. With its top-notch, scalable, decentralized infrastructure, UNCX is facilitating simpler and safer DeFi. This is in line
January 23, 2024 2 mins read
On Horizen EON, Polytrade will facilitate the exchange, fractionalization, and trading of real world assets including real estate, collectibles, trade finance, and structured credit! Polytrade is a web3 protocol that intends to aggregate RWA demand and address it. Asset Originators may tokenize a variety of real-world assets using the Polytrade
January 23, 2024 1 min read
Notable cryptocurrencies began the week on a negative note as investors worry about potential huge bitcoin sales and are likely reducing their market exposure in preparation for potential price drops. “I think we break $40k,” BitMEX co-founder Arthur Hayes said in a fresh Bitcoin price forecast released on Monday. This
January 22, 2024 2 mins read
Crypto Quant reports that as of January 19th, issuers of spot Bitcoin ETFs had over 638,000 bitcoins in their possession. This amounts to almost $27 billion in fiat currency. Grayscale Bitcoin Trust (GBTC) has the biggest amount of Bitcoin—566,973 BTC. Next in line with 28,662 BTC is BlackRock’s iShares spot
January 22, 2024 2 mins read
A security issue affecting over 66,000 customers was recently reported by Trezor, a manufacturer of crypto hardware wallets. Concern among those involved with digital assets has been heightened by the announcement of this occurrence on January 20. The contact information of users who have interacted with the support staff since
January 21, 2024 1 min read
