'Monolithic' blockchains outperformed in September — VanEck
Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions.
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US lawmakers ask DOJ hold FTX execs accountable ‘to the fullest extent of the law’
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics," said the letter. 537 Total views 4 Total shares Two Democratic members of the United States Senate have called on the Justice Department to investigate the collapse of…

Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32 million,…

B.Protocol announces v2 platform for DeFi liquidations
B.Protocol says v2 will optimize liquidations of “big debt” with significantly smaller capital requirements on decentralized finance lending platforms. 3107 Total views 5 Total shares Decentralized finance service B.Protocol has announced plans for a new version that will improve the liquidation of undercollateralized loan positions on lending platforms.In a release issued on Tuesday, the backstop…

Brave New Coin partnership will help Nevada crypto users reach new ‘high’
Cannabis users in the state may soon be able to pay for their green without cash. 1505 Total views 12 Total shares Digital asset market data firm Brave New Coin may soon be helping Nevada residents buy marijuana using crypto.According to Brave New Coin, blockchain firm Multichain Ventures will be using the company’s data and…

Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000
After breaking out of the two-months ascending triangle, the price of Bitcoin (BTC) is firmly staying above $60,000. Current on-chain volume suggests investors are still strongly buying Bitcoin at current price levels.Furthermore, the current price is not even close to a short-term price top when comparing to historic network valuation multiples.BTC price bull run not…

Solana risks 35% price crash with SOL price chart ‘megaphone’ pattern
Solana market grapples with multiple bearish setups if it breaks below its key 50-week moving average. 464 Total views 3 Total shares Solana (SOL) risks crashing 35% in the coming days as it comes closer to painting a so-called "megaphone" pattern.SOL price "megaphone" patternIn detail, megaphone setups consist of a minimum of lower lows and…

DeFi Skepticism, Decentralization, Tax Define London Blockchain Week
The final stage of London Blockchain Week looked as if it would be the latest victim to the coronavirus crisis. Many of the events that had initially been set to take place physically were held online. Others were canceled outright. But the jewel in the crown of blockchain week in London, CryptoCompare’s Digital Asset Summit,…

Palau partners with Ripple on climate friendly national digital currency
The partnership will help Palau be climate-friendly while enhancing its cross-border payments and digital currency technologies. 1977 Total views 4 Total shares Ripple, the digital payment network, has partnered with the Republic of Palau to help the Pacific island nation develop its own digital currency.The initial focus of the partnership will see the development of…