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Archives: Fast News

  • Solana network faces degraded performance for the second time this week

    Solana network faces degraded performance for the second time this week

    The Solana blockchain has faced its second network performance degradation incident this week. This is happening because of a rise in high compute transactions.

    The network capacity, which was originally advertised to be 50,000 transactions per second (TPS), was reduced to several thousand TPS. Solana cited this as the reason why users experienced failed transactions and added that its developers are already working to fix the issues.

  • Serum community foundation raises $75 million in token sale

    Serum community foundation raises $75 million in token sale

    The Incentive Ecosystem Foundation, a community-led foundation of Project Serum, has raised $75 million in a new funding round.

    Through this ecosystem fund, the foundation plans to support upcoming Serum projects across areas such as DeFi, NFT, gaming, and growth initiatives for Project Serum, such as hosting hackathons and hiring.

  • PayPal is exploring creating its own stablecoin

    PayPal is exploring creating its own stablecoin

    PayPal is exploring creating its own stablecoin

    PayPal is looking into launching its own stablecoin as the company grows its crypto business. According to CoinDesk, PayPal subsidiary Curv was actively working on developing a stablecoin.

    A PayPal spokesman stated that the company is exploring a stablecoin and will work closely with relevant regulators to move forward.

  • Hightlights of the week

    Hightlights of the week

    $EGLD Maiar DeFi Wallet goes live
    $ZEN partners with Dot Arcade for Play-to-Earn gaming and NFTs
    $AAVE Arc launches for institutional lending and liquidity
    Drone Racing League launches P2E game on $ALGO
    Samsung opens virtual store in $MANA metaverse

  • Horizen partners with Dot Arcade NFT game

    Horizen partners with Dot Arcade NFT game

    Horizen (ZEN) announced a new partnership with Dot Arcade, a blockchain gaming platform designed to combine arcade MOBA genres.

    This partnership will explore bringing new play-to-earn games and NFTs to market and enabling users to store and trade in-game NFT assets on Horizen.

  • OpenOcean is integrating Chainlink Keepers to enable Limit Order functionality

    OpenOcean is integrating Chainlink Keepers to enable Limit Order functionality

    OpenOcean announed integrating with Chainlink Keepers to enable secure and reliable limit order functionality on OpenOcean’s DEX aggregator, starting with BSC but expanding to additional networks in the future.

    Chainlink oracles will also support trading tools in OpenOcean’s new SaaS product for intelligent wealth management, such as grid trading.

  • Top 3 Daily Gainers

    Top 3 Daily Gainers

    Top 3 Daily Gainers

    $IRIS: Up 46.03%
    $MNET: Up 34.3%
    $KNC: Up 16.94%

    IRIS, the Token of the IRIS network project – unexpectedly increased by more than 46% in the last 24 hours with a transaction volume of 126.3 million USD, currently topping the growth chart today on ONUS.

    Two other assets, MNET and KNC ranked 2nd and 3rd respectively, showing positive activity on blockchain infrastructure/network projects.

  • Over 5,300 BTC bought by 3 of the largest Bitcoin whales

    Over 5,300 BTC bought by 3 of the largest Bitcoin whales

    According to BitinfoCharts, three of the top 50 BTC whales have purchased 5,322 Bitcoins in total, worth $225,204,067 at the current BTC/USD exchange rate.

  • Bitcoin price hits 90-day low

    Bitcoin price hits 90-day low

    On Jan.7, Bitcoin continued to decline and hit a low of 41,782 USD – the lowest level in the past 3 months.

    Total crypto market capitalization has fallen from above $2.2 trillion on Jan.5 to $2.08 trillion on Jan.7.

  • Team Vitality inks partnership with Tezos ecosystem

    Team Vitality inks partnership with Tezos ecosystem

    Global eSports organization Team Vitality joined forces with Tezos to bring eSports rosters closer to fans through community efforts, fan rewards, and education schemes.

    The education scheme will focus on “educating fans on the benefits of blockchain as part of the gaming experience” and help fans understand the developments being made in the eSports and blockchain spaces.