Blockchain

On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and…
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The team behind Solana yesterday gave a detailed report on how its validators from all over the world rescued the network from an outage that lasted nearly 18 hours. IDO Bots Responsible for Solana’s Downtime According to the report, the…
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The Hedera Governing Council recently announced that it had allocated 10.7 billion HBAR, Hedera Hashgraph’s native token, to fund the development and expansion of the ecosystem. The official announcement revealed that the amount worth…
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Major multinational professional services company Ernst & Young (EY) announced the adoption of the Polygon protocol for the deployment of its blockchains to provide faster transactions and lower costs for its enterprise clients who…
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The head of the cryptocurrency outlet Coin Bureau says that Cosmos Network (ATOM) could be the most important digital asset on the market. The pseudonymous analyst, who goes by the name Guy, tells his 1.3 million YouTube subscribers that…
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Ethereum is a DeFi’s darling, but it’s not as perfect as it seems. And how to make the development of dApps faster? The issue can be solved by a new standard based on WebAssembly (Wasm) that addresses this bottleneck in rolling out…
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At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was…
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The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre in Dubai, Ncube raises the possibility that…
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Last March, the comic book publisher DC Comics told freelancers that intellectual property (IP) and characters owned by DC Comics were off-limits in regards to freelancers leveraging the IP for non-fungible token (NFT) asset sales. A recent…
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An Ethereum competitor is launching a $300 million fund to support decentralized finance (DeFi) innovation on its network. Blockchain company Algorand Foundation is putting 150 million ALGO, worth $309 million at time of writing, into the…
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