The Ethereum network has become highly congested since the end of April, leading some to entertain a gas limit or block size increase. Continuing congestion on the Ethereum (ETH) network has led some developers and community members to call for increasing the gas limit, which defines its transaction throughput. Data from Etherscan shows that the […]
Continue Reading
Charles Hoskinson has announced the roadmap for the Shelley protocol upgrade for the Cardano network. The price of Cardano (ADA) has increased 60% in the week following Cardano co-founder Charles Hoskinson revealing the roadmap for the Shelley upgrade in a YouTube podcast with Lark Davis, aka Cryptolark. Shelley will see the network upgraded from a […]
Continue Reading
A 10-company oil and gas blockchain consortium saw promising results from its blockchain pilot test for oilfield water-handling. The OOC Oil & Gas Blockchain Consortium has completed a blockchain pilot test to automate payments for oilfield water-handling. The process of oilfield water-handling requires the management of the huge amount of water extracted and injected during […]
Continue Reading
Despite beginning its mainnet rollout today, the price of Matic has fallen 20% in 48 hours — shedding nearly all gains made during the week leading into the launch. Decentralized application (DApp) platform Matic Network (MATIC) has successfully launched its mainnet following two and a half years of development. A June 1 blog post published […]
Continue Reading
Bitcoin price is looking to retake the key psychological level at $10,000, which may now propel BTC to multi-year highs. The price of Bitcoin (BTC) had seen a substantial rally before the halving, as the price topped at $10,100. Since then, the BTC price has been hovering inside a sideways range between $8,200 and $10,000. […]
Continue Reading
Emerging technologies such as blockchain can aid both medical practitioners and patients, who stand to gain the best from its implementation. Before 2009, cryptocurrency and blockchain were not popular terms. However, since their release as open-source software that year, the underlying technology has become a crucial driver for various industries, including finance, gaming, health care, […]
Continue Reading
The world’s existing economies are suffering due to the COVID-19 pandemic, which has revealed the main benefits of decentralized tech and crypto. The COVID-19 pandemic has ravaged the economies of countries all around the world and is showing no signs of stopping. The overwhelming response from global governments has been to place their countries under […]
Continue Reading
A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. On May 28, the Digital Dollar Project released its white paper, a 30-page document detailing the potential applications of a CBDC. The white paper continues the nascent think tank’s […]
Continue Reading
The Fortnite community on Reddit conducts five times as many token transfers as r/CryptoCurrency in the new community points system. Reddit’s r/FortNiteBR community has conducted almost five times as many ERC-20 token transfers as the r/CryptoCurrency community with over 1% of Fortnite subscribers holding tokens. After only two weeks of Reddit launching their Ethereum-based Community […]
Continue Reading
The Bank of Lithuania finished its research phase on the LBChain’s blockchain project that aims to provide a regulatory infrastructure. As of May 27, the Bank of Lithuania, or BoL, has finished the research phase of its blockchain-related project, LBChain. In the next phase, the institution will create a sandbox that mixes technological and regulatory […]
Continue Reading