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 […]
Blockdaemon, a crypto infrastructure firm raises $207 million at a valuation of $3.25B
Despite the crypto market’s current sea of red, unicorn valuations persist, with Blockdaemon being the most recent example. After a $207 million Series C led by Sapphire and Tiger Global on Wednesday, Blockdaemon claimed it had a $3.25 billion post-money valuation. In its September 2021 Series B, Blockdaemon was valued at $1.3B The company offers […]
Anthony Scaramucci gives hope to Bitcoin holder – says downtrend won’t last
The fall in bitcoin has undoubtedly shaken investors to their core, as indicated by the drop in the Fear & Greed Index. Investors are justifiably concerned about the market and what the coming weeks, and months, may store for them. If this is the beginning of a bear market, the next bull run might take […]
Tesla Reports Zero Changes in Bitcoin Holdings in Q4
Tesla (TSLA) revealed on Wednesday that its bitcoin assets were worth $1.26 billion at the end of the fourth quarter. Tesla did not acquire or sell any bitcoin during the quarter, and it did not report any impairments to the value of its bitcoin assets since the price of bitcoin remained roughly unchanged from the […]