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With a new record set in January, the amount of stablecoin transfers on the layer-1 Solana blockchain has been constantly increasing. For Solana, the stablecoin transfer volume surpassed $300 billion in January, according to blockchain analytics company Artemis. The amount of Solana stablecoin transfers for December 2023 was $297 billion,
Staking is one of the most fundamental and essential elements of blockchain design. The process entails network users locking up a certain amount of their cryptocurrency holdings to support the blockchain’s operation. It’s how Proof of Stake (PoS) blockchains such as Avalanche are secured and entails validators being chosen to
ZEEBU, a Web3 Neobank tailored for the telecom carrier industry, is taking significant strides to address the mounting issues in the industry’s settlement layer. As the world becomes more interconnected and complexities increase, telecom businesses are seeking a more efficient settlement process to ensure a seamless flow of payments across
An updated protocol has reduced the time it takes to create a block on the layer-1 blockchain Algorand by almost 20%, bringing the average block time down to less than three seconds. With the release of the Dynamic Lambda (dynamic round times) update, the Algorand Foundation boasted improved network speed
In a groundbreaking move for the Shiba Inu community, Ryoshi Network has emerged as a pivotal player, introducing a novel chapter in the form of an Ethereum Layer 2 Blockchain. Leveraging Polygon’s CDK framework, Ryoshi Network aims to revolutionize the Shiba Inu ecosystem by providing an innovative platform for decentralized
“Cancun-Deneb” or “Dencun,” the latest Ethereum network upgrade, has reportedly gone live on the Goerli testnet as of January 17th, according to a post by Ethereum developer Parithosh Jayanthi. The upgrade was postponed for around four hours due to an error, according to Jayanthi. The network got back up once
Cronos Labs, a blockchain business accelerator focused on advancing DeFi, GameFi, and the Cronos ecosystem, today revealed the third cohort of its flagship Cronos Accelerator Program, which is backed by whopping $100 million. The initiative, which was first introduced in 2022, aims to support the most promising early-stage cryptocurrency projects that
Google Cloud has joined Flare, the blockchain for data, as an infrastructure provider. Google Cloud will serve as a network validator and contribute to the Flare Time Series Oracle (FTSO) on the Flare network as announced today. By serving as a network validator, Google Cloud will help the Flare blockchain’s
Investment in assets like government bonds might be more efficient with blockchain-based tokenized funds, according to research by Moody’s, a world-renowned credit rating agency. Despite the advantages, researchers at Moody’s have warned of the growing technical hazards connected to these digital investment vehicles. The use of tokenized funds that are
Hitachi America, Ltd. (Hitachi) has joined the Hedera Council, bringing with it expertise in industrial solutions. Throughout the Americas, Hitachi operates both directly and via its subsidiaries, providing a wide variety of products and services in electronics, power, industrial, healthcare, information technology, operational technology, mobility, and the IoT. Within the
