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Search Results for: crypto adoption

Gelato’s Rollup Platform Expands Support to Optimism’s OP Stack, Launching Lisk Layer 2 Chain

Zug, Switzerland, December 19th, 2023, Chainwire Gelato announces expansion of its all-in-one Rollup-as-a-Service (RaaS) Platform. In addition to supporting Polygon CDK, Gelato now also services the OP Stack, the Optimism Collective’s open-source, modular development framework. As part of this expansion, Gelato enables Lisk, a Layer 1 blockchain launched in 2016,

December 19, 2023 4 mins read

Daily EVM Inscriptions Gas Fees Reaches Astonishing $8 Million

The weekend saw a jump in network transaction fees across all blockchains, as the need for block space was driven by the Ordinals inscriptions frenzy, which isn’t limited to the Bitcoin network. Gas fees surged over the weekend due to an explosion of Ethereum Virtual Machine (EVM) chain inscriptions. Dune

December 18, 2023 1 min read

Bitcoin Average Transaction Fees Nears $40, Highest Since April 2021

As of December 17th, the average transaction cost for transfering Bitcoin was approximately $37, according to data from the statistics portal BitInfoCharts. All users of the network are now paying more for their transactions due to the most recent wave of Bitcoin Ordinals inscriptions. Moreover, some think these costs will

December 17, 2023 1 min read

Chinese Telecom Operator Unveils NFT Marketplace ‘LinkNFT’

On December 15, China Mobile, the biggest telecom operator in China, made a major announcement by unveiling LinkNFT, a free NFT marketplace. The major goal is to facilitate the launch of a new digital economy and society by giving the people of Hong Kong simple access to the Web3.0 Internet,

December 16, 2023 2 mins read

Bitget’s 2024 Bitcoin Report: ORDI’s High Potential and Lightning Network’s Crucial Role

Victoria, Seychelles, December 15th, 2023, Chainwire Bitget Research, the research arm of Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released a research analysis delving into macro and micro trends within the Bitcoin ecosystem. This report offers insights for investors and outlines potential future technological and financial trends

December 15, 2023 5 mins read

Core Introduces A First-of-Its-Kind Experience in Wallet Creation: Seed Abstraction

New York, United States, December 15th, 2023, Chainwire Anyone can now use Core without seed phrases. Now, you can generate and manage keys through simple Web2 methods like Gmail and Apple logins, making it more accessible without any security or custody tradeoffs.  This is a first-of-its-kind experience in wallet creation,

December 15, 2023 3 mins read

Analyzing the Growth Potential of Shiba Inu and Retik Finance

In the dynamic and quickly changing world of cryptocurrencies, Shiba Inu (SHIB) and Retik Finance (RETIK) both have unique qualities that support their potential for expansion. Understanding their respective ecosystems, utility, market dynamics, and community sentiment is necessary to analyze their trajectories. While there is room for growth in both

December 15, 2023 4 mins read

Infinite Reality, Global Leader Powering AI-Virtual Immersive Experiences Announces Strategic Partnership with Greenidge Generation Holdings (Nasdaq: GREE)

Infinite Reality plans to go public in early 2024 via Newbury Street Acquisition Corporation (Nasdaq: NBST) NORWALK, Conn.–(BUSINESS WIRE)–Infinite Reality, Inc. (“iR” or the “Company”), the global leader in powering AI-virtual immersive experiences for clients such as Warner Bros. Discovery, Inc., Vodafone Group plc and Universal Music Group N.V., today

December 14, 2023 10 mins read