Near Protocol (NEAR) is currently seeing a 50% increase in value within the Web3 domain, yet it faces intensifying competition from new ventures. At the same time, Internet Computer (ICP) is working to recover from its initial market decline. Concurrently, BlockDAG has experienced a substantial inflow of large-scale purchasing, totaling
Since the introduction of Frankendancer, a new validator client, to the mainnet-beta, Solana’s transaction throughput has skyrocketed to 40,000 TPS. Some have drawn parallels between this development and Cardano, a network that can only handle 1.3 TPS at the moment. In a post on X, crypto expert Marty Party brought
Once again, Charles Hoskinson, founder of Cardano, has criticized the Solana network and lauded the Sui network. Despite Hoskinson’s effusive appreciation for Sui, he insisted that Cardano is still the number one and provided reasons for his belief. A top layer-1 blockchain, Solana, isn’t the best choice. Cardano’s founder said
High levels of interest in the 2024 US presidential election and Middle Eastern geopolitical events drove September’s trading volume of $533.51 million on the blockchain-based prediction platform Polymarket. Moreover, this is an increase of $61.51 million over August’s $472 million, as reported by Dune Analytics. Also, the number of active
To protect blockchain developers against “patent trolls,” the Blockchain Zone was launched by the Cryptocurrency Open Patent Alliance (COPA) in collaboration with Unified Patents. The initiative goes after non-practicing enterprises (NPEs), or those who own patents but don’t really do anything; these groups often use the exorbitant expense of litigation
Shiba Inu (SHIB), Dogecoin (DOGE), and BlockDAG (BDAG) are stealing the spotlight, each heralding key achievements. SHIB has ignited interest with a significant increase in its burn rate, enhancing its market stature. Meanwhile, Dogecoin has overcome a crucial price resistance, reinforcing confidence among its traders. However, BlockDAG surpasses both with
Truflation, the prominent reference point for real-world assets (RWA) indices, has partnered with Sphinx, one of the leading derivatives trading platforms. Through this partnership, consumers will benefit more from the combination of Truflation’s real-time inflation data and Sphinx’s blockchain-based commodities trading platform. This alliance aims to leverage the increasing demand for
It’s another week’s end and thus the folks at the crypto community are hoping for another bull run. However, this time they hope it will stay. Meanwhile, apart from price actions, web3 firms have shown activity in terms of partnerships and advancements or new announcements. Notably, crypto-based firm Chainalysis’s co-founder
Ripple, a prominent provider of digital asset infrastructure, has teamed up with Mercado Bitcoin, the biggest cryptocurrency exchange in Brazil. On October 2, the SEC sought to overturn a ruling made by Judge Analisa Torres by filing a notice of appeal in the case. After a court ruled in 2023
Transak has announced that the Alabama Securities Commission has awarded it its first Money Transmitter License (MTL). With this noteworthy accomplishment, Transak’s goal to provide safe and easily accessible crypto services throughout the US has advanced significantly. Transak’s dedication to operating within a strong regulatory environment and developing a complete and
