Despite frequent outages, there are mixed feelings on Solana’s feasibility as an “Ethereum killer.”
Solana, dubbed as the Ethereum killer for most of 2021, has recently suffered network outages and performance issues. It had one of its slowest periods last week due to network congestion caused by the crypto market fall, which resulted in rejected transactions and stopped withdrawals on the network. Solana has had six outages this month […]
Polygon (MATIC) sees massive oversold bounce after $250B crypto market comeback
On Wednesday, Polygon (MATIC) was one of the strongest performers among high-ranking cryptocurrencies, rising about 17 percent to an intraday high of $1.825. The gains came as part of a synchronized resurgence in the crypto market that began on January 24. Investors and dealers poured over $250 billion into digital assets, benefitting Bitcoin (BTC), Ether […]
Elon Musk to eat a happy meal on TV if McDonald’s accepts Dogecoin
The recent market correction that saw BTC below $40,000 also gave rise to the McDonald’s meme trend, various crypto investors have hopped on the trend. Elon Musk, the CEO of Tesla, is the most recent to get engaged. In less than a week, the value of Bitcoin and the rest of the crypto world plummeted […]
Polkadot bids for FC Barcelona’s Official Jersey Sponsor
According to a report, the Polkadot blockchain network has sent in its proposal requesting to be the official Jersey Sponsor for the Spanish football club Barça. although, the club’s goal is to reach 75 million euros for the sponsorship. Rakuten and Beko will no longer be sponsors of FC Barcelona’s T-shirts as of July 1st. […]
Solana releases new version 1.8.14 to solve network instability issues
One of the largest blockchain networks Solana has been experiencing network issues for some time now, in a bid to better serve its user, the network’s engineers have upgraded it to version 1.8.14. After several days of decreased performance and congestion, the Solana blockchain has been updated to version 1.8.14. Users discovered challenges with transaction […]