Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,652,563,600,587.23
  • 24h Vol: $110,296,993,772.16
  • BTC Dominance: 58.16%

Blockchain

solana-blockchain-experiences-technical-glitch-causing-transaction-slowdowns

Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns

Leave a Comment / Altcoins, Bitcoin, block finalization, Block Production, Blockchain, blockchain technology, cluster instability, command-lines, Crypto Hacked, Cryptocurrency, cryptocurrency market, decentralized finance, DeFi, Digital Currency, digital wallets, Engineers, Ethereum, forking event, mainnet-beta, Outages, root production, slowdowns, Smart Contracts, Snapshot, Solana, Solana outages, Solblaze, technical glitch, tps, transaction failures, Upgrade, Validator, version, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ […]

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busd-stablecoin-drops-from-top-10-crypto-assets-amid-significant-decrease-in-dominance

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

Leave a Comment / Altcoins, Asset, Asset Management, Binance, Binance BUSD, Bitcoin, Blockchain, BUSD, Circulation, CoinGecko, Crypto, Crypto Hacked, Cryptocurrency, Decentralization, Digital Currency, dogecoin, Dominance, Ethereum, Exchange, Fiat, Market Cap, Parity, Paxos, Portfolio, redemption, Stablecoin, stablecoin assets, Stablecoins, Tether, Top Ten, trading, Trading Volume, Turkish Lira, US Dollar, USDT / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme

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crypto-market-slides-as-total-value-locked-in-defi-falls-below-$50-billion-mark

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

Leave a Comment / Aave, Arbitrum, ASTAR, Binance Smart Chain, Bitcoin, Blockchain, Compound Finance, convex finance, Crypto, Crypto Hacked, Cryptocurrency, Curve, decentralized finance, DeFi, ETH, Ethereum, Instadapp, Justlend, KYL, Lido, makerdao, market analysis, Market Trends, market volatility, Pancakeswap, Polygon, shiden network, smart contract economy, Smart Contracts, Stacks, STX, Tokens, tron, uniswap / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same

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bitcoin-mining-difficulty-reaches-all-time-high-as-miners-face-second-largest-increase-this-year

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Leave a Comment / Algorithm, Antpool, Binance Pool, Bitcoin, Bitcoin mining, Block Height, block times, Blockchain, BTC, BTC Mining, Crypto Hacked, Cryptocurrency, Decentralized, difficulty, difficulty increase, Digital Assets, Energy Consumption, Ethereum, F2Pool, Foundry USA, future, Global Hashrate, Hashpower, Hashrate, Innovation, investment, market volatility, Miners, Mining, network, Profitability, Proof of Work, Rewards, Scalability, Technology, transactions, ViaBTC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60

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jpmorgan-to-open-blockchain-innovation-lab-in-greece

JPMorgan to Open Blockchain Innovation Lab in Greece

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Digital Identity, digital wallets, Ethereum, Greece, innovation lab, jpmorgan, mobey forum, Onyx, Settlements, Tyrone Lobban / / / , , , , , , , , ,

Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development in New Innovation Lab JPMorgan, the investment

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israeli-startup-chain-reaction-raises-$70-million-to-build-blockchain-silicon

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

Leave a Comment / Alon Webman, ASIC, Bitcoin, Blockchain, blockchain chips, chain reaction, Crypto Hacked, Cryptocurrency, Electrum, Ethereum, homomorphic encryption, israel, Morgan Creek Digital, Tel Aviv, TSMC / / / , , , , , , , , , ,

Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction Raises $70 Million in

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nft-sales-soar-138%-in-past-week,-blur-market-dominates-this-week’s-eth-based-nft-sales

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales

Leave a Comment / Asset Management, Auction, Azuki, Bitcoin, Blockchain, blockchain technology, Blur, bnb, Bored Ape Yacht Club, Collectors, Crypto Hacked, Cryptocurrency, Decentralized, Digital Art, digital ownership, Ethereum, Immutable X, Investments, JPG Store, looksrare, market, Market Share, Markets and Prices, Moonbirds, Mutant Ape Yacht Club, NFTs, Opensea, Opepen Edition, Otherdeed, Polygon, sales, Solana, Weekly NFT Sales, X2Y2 / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead NFT Sales Surge While crypto asset

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eclipse-to-launch-rollup-blockchain-for-polygon-network-with-solana-compatibility

Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, Decentralization, decentralized applications, Eclipse, Ethereum, EVM, Fees, Grant Recipient, Highly Parallelized, layer 2, Neel Somani, network, Polychain, Polygon, rollup, Scalability, Scaling, Sealevel Virtual Machine, Security, Smart Contracts, Solana, Soma Capital, Standard Set of Tooling, Struck Crypto, SVM, Technology, Terra, Terra-based, traffic, Tribe Capital, use cases, Virtual Machine / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to the Polygon Sealevel Virtual Machine (SVM). How Eclipse’s L2 Scaling Concept Hopes to

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google-cloud-to-become-tezos-validator-and-offer-validation-services

Google Cloud to Become Tezos Validator and Offer Validation Services

Leave a Comment / Bitcoin, Blockchain, california, Credits, Crypto Hacked, Cryptocurrency, Ethereum, Google Cloud, grants, James Tromans, News, Tezos, Web3 / / / , , , , , , , ,

Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform, allowing easier deployment for customers worldwide. Google Cloud Partners With Tezos Google

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former-cohasset-high-school-employee-accused-of-stealing-thousands-in-electricity-to-mine-bitcoin-in-school-campus-crawlspace

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

Leave a Comment / Arraignment, ASIC, Bitcoin, Bitcoin (BTC), Bitcoin (BTC) mining, Blockchain, Charges, Cohasset, Cohasset Mining, Cohasset Police Department, Criminal Activity, Crypto Hacked, Cryptocurrency, Department of Homeland Security, Digital Assets, electricity theft, Energy Consumption, Ethereum, facilities director, Fraud, high school, Illegal Activity, Investigation, IT, Law Enforcement, Massachusetts, Mining, Nadeam Nahas, News, Technology, Vandalism, WCVB, William Bennett / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. Former Cohasset School Employee Faces Charges for Electricity Theft in School

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