Category: Guides
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Polygon completes hard fork upgrade to minimize gas fee spikes, chain reorgs
[ad_1] Polygon announced the completion of its proof-of-stake hard fork upgrade in an attempt to reduce gas spikes and chain reorganizations(reorgs) on January 17. Source: Polygon Twitter The two proposals included in the hard fork were submitted last December. About 87% of Polygon validator teams voted for approval. The hard fork proposal aims to reduce…
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Avalanche gains 20% in hours after Amazon partnership announcement
[ad_1] Avalanche (AVAX) grew by 20% in a few hours after Ava Labsβ partnership with Amazon web Services went live. Weβre joining forces with @Amazon to help enterprises and governments build compliant blockchain solutions. #AWS makes it easier to launch and manage #Avalanche nodes, giving the network more strength and flexibility for developers.https://t.co/vgabB5c6Ya β Ava…
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UK undeterred by FTX collapse, crypto hub objective stands
[ad_1] A senior government figure has reaffirmed the commitment to turn the U.K. into a crypto hub, despite the lingering fallout from the FTX disaster. Since filing for bankruptcy on Nov. 11, a web of sordid details on the Bahamas-based exchange has come to light, including information on mismanagement, fraud, and allegations of collusion in…
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Bitcoiners are seething at Peter Zeihan’s interview on Joe Rogan podcast
[ad_1] American geopolitical analyst Peter Zeihan has never been popular among Bitcoiners. Zeihan has spoken out against Bitcoin (BTC) several times in the past, going as far as to call BTC a βdumpster fire.β In the nearly 2 hours-long podcast hosted by Joe Rogan on Jan 8, Zeihan went on to reiterate his views against…
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Indonesia to set up cryptocurrency exchange to reform crypto regulation
[ad_1] Indonesia plans to launch a national cryptocurrency exchange in 2023 as part of its regulatory reform adopted by the Indonesian House of Representatives on December 15, according to a report from Bloomberg. This reform involved shifting regulatory oversight over the industry in the country. Before the reform, Bappebti, a commodities-focused agency, had jurisdictional power…
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G7 economies move into development stage of CBDCs
[ad_1] As of December 2022, all G7 economies had moved into the development stage of a central bank digital currency, according to the Atlantic Council (AC). The AC found that β despite slow development progression β β11 countries have fully launched a digital currency.β Chinaβs CBDC pilot is set to expand to most of the…
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Crypto VC funding down by 82.5% YOY, lowest in 2 years
[ad_1] Crypto startups raised $660 million in VC funding in December 2022 β down 21.5% from November (2022) and 82.5% from December 2021 ($3.76 billion), according to a report by Wu Blockchain. The number of crypto VC public investment projects in December 2022 was 50 β a 23% decline from November 2022 (65 projects) and…
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Wallets with 0.1 BTC to 1 BTC hold over 1M Bitcoin
[ad_1] The total supply of wallets holding between 0.1 Bitcoin (BTC) and 1 Bitcoin has surpassed 1 million coins, while the collective supply of wallets that hold between 1 BTC and 10 BTC topped 2 million. Wallets with 0.1 BTC to 1 BTC As of Dec. 29, wallets that hold between 0,1 BTC and 1…
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Brazilians are turning to stablecoins to protect savings from inflation
[ad_1] According to recent market data, 50% of the Brazilian Real (BRL) volumes involve a stablecoin.Β For anyone needing a positive note to end the year on in crypto, look at its usage in developing economies. Countries like Brazil are turning to stablecoins to peg their savings to USD. 50% of Brazilian Real (BRL) volumes…
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Total NFT market cap grows 11,664% in 2 years
[ad_1] Total NFT market cap recorded a growth of 11,664% in two years, increasing to around $10 billion from $85 million on December 2020, according to NFT Valuations data shared by crypto influencer 6529. Source: punk6529 The impressive two-year growth rate was still recorded despite the heavy conditions of the bear market. On late December…