Tag Archives: blockchain

Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030

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The intersection of artificial intelligence (AI) and crypto is poised to unleash a notable wave that could add a staggering $20 trillion to the global gross domestic product (GDP) by 2030, according to a recent report by Bitcoin ETF issuer Bitwise. The study by analyst Juan Leon highlights the potential magnitude of this synergy, which… Continue reading Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030→

XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions

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As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has demonstrated substantial activity. XRP Ledger Burn Rate Slows Amid Low Fees During Q1 2024, XRP, the native token of… Continue reading XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions→

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

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In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO… Continue reading Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program→

Cardano Whales Return To The Table, Increase Massive Holdings By 10%

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Cardano (ADA) whales are back in the picture, with recent data suggesting their confidence in the crypto token may have been revived. If so, this will be massive for ADA, which could experience significant price surges soon enough based on this development.  Cardano Whales Add To Their Holdings The market intelligence platform IntoTheBlock recently revealed… Continue reading Cardano Whales Return To The Table, Increase Massive Holdings By 10%→

SUI Gets Spicy: Network Fires Back At Token Supply FUD

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Sui, the year-old Layer-1 blockchain darling, is facing a harsh reality check. While celebrating its first anniversary on May 3rd, 2034, the network finds itself embroiled in a controversy surrounding its tokenomics, the design and distribution of its cryptocurrency, SUI. SUI Supply: Cause for Concern? The fire was ignited by Justin Bons, founder of Cyber… Continue reading SUI Gets Spicy: Network Fires Back At Token Supply FUD→

900 Million Telegram Users Send TON Token Soaring 15% – Details

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Telegram, the messaging giant, has reached a staggering 900 million users. This surge directly impacts Telegram Open Network (TON), the blockchain designed to work seamlessly within Telegram. TON has seen a remarkable 15% growth in the last week, highlighting its potential to become a mainstream crypto player. TON price action. Source: Coingecko TON: Cheap Transactions… Continue reading 900 Million Telegram Users Send TON Token Soaring 15% – Details→

1 Billion Served: Bitcoin Network Gears Up For The Next Billion Transactions

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Bitcoin, the trailblazer of cryptocurrencies, reached a symbolic milestone this weekend, processing its 1-billionth transaction. This achievement has ignited a celebratory mood among proponents, who hail it as a testament to the digital currency’s growing legitimacy and potential. However, beneath the champagne toasts, whispers of caution linger as analysts grapple with the true significance of… Continue reading 1 Billion Served: Bitcoin Network Gears Up For The Next Billion Transactions→

Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability

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Layer 2 (L2) blockchain Eclipse and developer-oriented bridge Neon EVM have formed a new collaboration to implement changes in the blockchain landscape, increasing interoperability and scalability with the integration of Ethereum (ETH) and Solana (SOL).  Aiming to combine the capabilities of both blockchains, Eclipse has consolidated the compatibility between the Ethereum Virtual Machine (EVM) and… Continue reading Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability→

Ethereum Fees Dive: Will This Spark A Surge In Network Activity?

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Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the average Ethereum transaction fee has plunged to a mere $1.12, marking the lowest daily average cost since October 18th, 2023. Ethereum Transaction… Continue reading Ethereum Fees Dive: Will This Spark A Surge In Network Activity?→

Solana Market Cap Skyrockets $11 Billion As Price Jumps 17% – Details

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Solana, like many Proof-of-Stake (PoS) cryptocurrencies, relies on a decentralized network of validators who secure the network by staking their SOL coins. In exchange for staking, validators earn rewards. However, as Solana’s price began its recent ascent, a noticeable decline in staked SOL was observed. This suggests that some validators are choosing to unstake their… Continue reading Solana Market Cap Skyrockets $11 Billion As Price Jumps 17% – Details→