Category: Network
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Akash Network surges 20%; AAVE, KASPA eye further upside
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akash network (ACT) showed strong price performance, with a notable increase of 20% over the past week, amid widespread market volatility. The token has managed to reclaim its 20-day exponential moving average (EMA), suggesting that further upward movement is possible. AAVE and KASPA are also in the green this week.…
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GameStop shares tumble after CEO says store network will shrink By Reuters
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Written by Susan McGee and Priyanka J (Reuters) – GameStop (NYSE:) shares fell on Monday after CEO Ryan Cohen told investors that the video game retailer plans to operate a smaller network of stores, but did not provide details about what it intends to do with its pile of cash.…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Ethereum Layer 2 Scaling Network Base Soars To New Heights, Surpassing $8 Billion In Total Value Locked
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The world of decentralized finance (DeFi) and blockchain technology has seen a significant shift in recent months, with Ethereum’s Layer 2 network expanding. a base Emerging as a real force. In an impressive feat, Base not only surpassed its closest competitor, Optimism’s OP Mainnet, but also reached a staggering $8…
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Polyhedra Network launches staking following ZK trademark drama resolution
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Polyhedra has announced the launch of its temporary staking program, offering participants a total of $1.13 million worth of ETHFI, ID, and CYBER tokens worth USDT. Polyhedra Network, the developer behind zkBridge, has announced the launch of a temporary staking program offering participants tokens worth a total of $1.13 million…
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‘No network is flawless’: Wildfires underscore resiliency challenges for telecoms
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Breadcrumb links BMN technology BMN Business Article writer: Canadian Press Sammy Hodes Published on June 9, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. When wind-driven wildfires raged on the Hawaiian island of Maui last…
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‘No network is flawless’: Wildfires underscore resiliency challenges for telecoms
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Breadcrumb links BMN technology BMN Business Article writer: Canadian Press Sammy Hodes Published on June 9, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. When wind-driven wildfires raged on the Hawaiian island of Maui last…
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Breez Brings Bitcoin’s Lightning Network To Every Crypto Wallet
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Bitcoin has traditionally been considered an odd pair Interesting forays in the cryptocurrency ecosystem over the past year. Cake Wallet’s decision to integrate Lightning is an unexpected but exciting development to continue this trend of Bitcoin integration. By doing so, Cake aims to make Bitcoin more practical for its users’…
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Layer 2 Network Base Became The Largest In The OP Stack Ecosystem
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The world of blockchain technology is constantly evolving, with innovative solutions emerging to address the challenges faced by the Ethereum network. Among these solutions, Layer 2 networks have gained significant traction, offering scalability and improved efficiency. One layer 2 network, Base, recently made waves in the cryptocurrency community by surpassing…
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dWallet Network Brings Multi-Chain Zero Trust Protocols to Aptos Blockchain
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dWallet Network has announced the expansion of its technology to include the first layer blockchain network, Aptos. The move aims to bring Zero Trust Protocols (ZTPs) with inherent cross-chain interoperability capabilities to decentralized finance (DeFi) and gaming ecosystems on Aptos. By integrating dWallet’s Zero Trust architecture, ZTPs developed on Aptos…
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Firm Attacks US Miners, Bitcoin Network Growing Stronger
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Kerrisdale Capital, an investment management firm Launched A scathing attack on the US Bitcoin mining industry, describing it as a haven for “snake oil salesmen” who gobble up investors’ capital and harm the environment. Investment firm attacks Bitcoin, claims mining model is flawed In a post on X, the management…
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BitReXe: Enabling Parallel VMs on Bitcoin Network
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Ethereum is still working on a complementary plan to parallel EVM, but Bitcoin could soon expect its own parallel VM layer 2. Let’s first understand why Ethereum cannot achieve parallel EVM. To maintain network consistency and security, EVM has a critical design feature: it executes transactions sequentially. Sequential execution ensures…
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BitReXe: Enabling Parallel VMs on Bitcoin Network
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Ethereum is still working on a complementary plan to parallel EVM, but Bitcoin could soon expect its own parallel VM layer 2. Let’s first understand why Ethereum cannot achieve parallel EVM. To maintain network consistency and security, EVM has a critical design feature: it executes transactions sequentially. Sequential execution ensures…
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‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem
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(Press Release – Singapore, Singapore, June 5, 2024) Our ambitious 2024 roadmap includes 8x improved throughput, zkAuth for Web2 ID, and major grants Moonbeam Network, an intelligent contracting platform for building cross-chain applications, announced the “Moonrise” initiative anchored on its 2024 product roadmap which includes introducing parallel processing to improve…
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‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem
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(Press Release – Singapore, Singapore, June 5, 2024) Our ambitious 2024 roadmap includes 8x improved throughput, zkAuth for Web2 ID, and major grants Moonbeam Network, an intelligent contracting platform for building cross-chain applications, announced the “Moonrise” initiative anchored on its 2024 product roadmap which includes introducing parallel processing to improve…
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EOS Network Foundation to cap token supply at 2.1b
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Yves La Rose, CEO of the EOS Network Foundation, announced that the community’s proposal to limit the EOS supply to 2.1 billion tokens and burn the excess has been approved. Once implemented, the proposal would burn approximately 80% of the total EOS supply, primarily from future emissions, setting a fixed…
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PlayFi Announces Exclusive Node License Presale on Polygon PoS Network to Empower Gaming Innovation By Chainwire
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New York City, New York, May 24, 2024, Chainwire PlayFi, an AI and blockchain-powered data network specifically designed for the gaming industry, today announced its plan to hold an exclusive node license pre-sale on the Polygon PoS network. Publishing the sale on the Polygon network marks PlayFi’s entry into the…
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COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibilities
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Web3 infrastructure developer COTI has unveiled a developer network ahead of its upcoming launch of its Ethereum-based layer 2 network COTI V2. According to a press release sent to CryptoPotatothe COTI V2 developer network was launched, bringing a new layer of secrecy and advanced obfuscation protocols to the blockchain. COTI…
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COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibilities
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Web3 infrastructure developer COTI has unveiled a developer network ahead of its upcoming launch of its Ethereum-based layer 2 network COTI V2. According to a press release sent to CryptoPotatothe COTI V2 developer network was launched, bringing a new layer of secrecy and advanced obfuscation protocols to the blockchain. COTI…