Solana users hit by delays after Trump memecoins debut

A project with Satoshi Nakomoto’s namesake has been selected as the winner of the CFTC’s Project Streetlamp. 1400 Total views 11 Total shares A blockchain data platform has been selected the winner of the Commodity Futures Trading Commission’s first science competition, offering yet another compelling sign that distributed ledger technology has burst onto the mainstream.…

Jerome Powell reiterates his opinion about Bitcoin as a gold substitute, but a sell-off accompanies his other criticisms. 4606 Total views 24 Total shares While Bitcoin (BTC) is too volatile to be money and is "backed by nothing," it could be a "substitute for gold," said the chair of the United States Federal Reserve.Speaking at…

MATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team. 1127 Total views 7 Total shares The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon. Ethereum’s EIP-1559 upgrade shipped with its London hard fork…

Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.

Twitter founder Jack Dorsey said that he hopes private firms will understand the value of a stateless currency during an interview with technology news outlet Quartz published on June 14.Quartz reported that during the interview — which took place in the headquarters of his bitcoin (BTC)-supporting payments platform Square in London — Dorsey noted:“I would…

Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream usage in the near future, according to a report by Bloomberg on June 20The report quotes Lowe as follows regarding Libra:“There’s a lot of water under the bridge before Facebook’s proposal becomes something we’re using all…

Founded in 2015 by Ethereum co-founder Charles Hoskinson, Cardano is a proof-of-stake (PoS) blockchain that is often referred to as the “Ethereum killer,” owing to its superior technology and high level of security and sustainability.Much like Ethereum, Cardano also allows users to stake its native cryptocurrency, ADA, to earn staking rewards. Cardano allows individuals to…

While Kronos Research is indefinitely halting trading services until internal investigations track down the culprit who stole over 12,800 ETH, the firm said that potential losses are not a significant portion of its equity. 347 Total views 7 Total shares A hacker walked away with $25 million from quantitative trading firm Kronos Research after accessing