The slowest participant restricts the system’s processing speed. The new Ethereum blockchain should be quicker and more efficient. Ethereum has been the only large-scale rival to Bitcoin for a long time. Ethereum, although being more advanced than Bitcoin, still has a number of difficulties that it must solve in order
January 8, 2022 1 min read
Ethereum can handle 14 transactions per second. Ethereum 2.0 will switch to the proof-of-stake (PoS) model. The price of Ethereum has increased by more than 415 percent in the last year, making it one of the most successful cryptocurrencies. Although the cryptocurrency market has grown tremendously, 2022 may be even
January 6, 2022 1 min read
UK’s law enforcement agencies have confiscated $335 million worth of crypto. Most of the cryptocurrency seized was Bitcoin. Regulators and legislators in the United Kingdom are becoming worried about the illicit usage of cryptocurrencies in the country. Over the last five years, the UK’s law enforcement agencies have confiscated $335
January 6, 2022 1 min read
Livepeer is an Ethereum-based decentralized transcoding network. There are already more than 70,000 GPUs in the Livepeer network. Livepeer, a decentralized video streaming service, has received $20 million in its Series B expansion. Along with new investors, longtime supporters Alan Howard, the billionaire banker, and the investment company Tiger Global
January 6, 2022 1 min read
A 20 percent tax would be imposed on earnings exceeding 2.5 million won. Taxing virtual assets has been postponed until 2023. Bitcoin’s momentum has been stifled since its all-time high of $67.5k. Many analysts’ predictions of Bitcoin reaching $100k by the end of the month turned out to be a
January 5, 2022 1 min read
Dogecoin totaling more than 15 million was transferred. Although Floki Inu has a striking resemblance to Elon Musk’s dog. According to Dogecoin Whale Alert’s Twitter statistics, whales have sent over $15.5 million in Dogecoin to an anonymous wallet in the previous 24 hours. Dogecoin totaling more than 15 million were
January 4, 2022 1 min read
Decentralized cloud storage solutions were built to use the blockchain. There is a lot of data kept in one place, making them an ideal target for hackers. If everyone in the ecosystem contributes to developing the vital infrastructure, Web 3.0 can take off. That’s what Stoor co-founder Lucky Uwakwe says
January 4, 2022 1 min read
Revuto was recognized at the World Blockchain Summit in Dubai. In May, the firm garnered $10 million in minutes via an initial coin offering. Renowned centralized exchanges KuCoin and Gate.io have agreed to offer Revuto’s REVU token, the first-ever Cardano native asset. To help individuals save money on their subscriptions,
January 4, 2022 2 mins read
Jerome Powell commonly referred to inflation as a ‘transitory’ occurrence. More investors may turn to Bitcoin as a cash alternative. Bitcoin, which has a market capitalization of more than $800 billion, is at the top of the crowded cryptocurrency industry and has gained a large number of followers among individual
January 3, 2022 1 min read
The Avalanche blockchain can handle over 4,500 transactions per second. Kadena can process 480,000 transactions per second, surpassing Bitcoin. Investors looking to diversify their portfolios might consider altcoins. In contrast to ethereum, most of the other over 10,000 cryptocurrencies are yet to establish a reputation. Let’s take a quick look
January 3, 2022 1 min read