SOL smartphone saga prompts varied responses from crypto community
The community responded to SOL (Solana) new Web3 phone by bringing up network disruptions and making comparisons to Apple and Ethereum. The Solana (SOL) team announced Saga, an Android mobile device that would be released with the project’s most recent stack for Web3 developers, the Solana Mobile Stack, bringing mobile phones to Web3. The community […]
RUNE, THORChain token increase by 16% after mainnet debut
Since the project announced the formal launch of its mainnet on June 22, the price of THORChain’s token RUNE has increased by 16%. The mainnet launch was announced on Wednesday along with the introduction of a “Rune in a Million Campaign” on Binance, which offers users of the exchange a total of $1 million in […]
Hackers steal $100M from Harmony’s Horizon Bridge
A $100 million worth of altcoins have been obtained through Harmony’s Horizon Bridge and are being exchanged for ether (ETH). The hack might prove the community’s earlier worries about the reliability of the two of four multisig that purportedly safeguard the bridge to be unfounded. There were 11 transactions conducted from the bridge for different […]
Chainalysis: Australia will take action on false cryptocurrency advertising
Head of international policy at Chainalysis said that to add to regulations on advertising, consumer protection measures will be implemented. Caroline Malcolm, the head of international policy at Chainalysis, anticipates that when Australia’s new regulations covering cryptocurrency advertising, marketing, and consumer protections are put into effect within the next year, they will be comparable to […]
Data Shows Shocking Future Of Ethereum Mining
Ethereum mining is becoming less profitable even as its trading increases in anticipation of further price fall. Miners have found it difficult to manage their operations as the timetable of the Ethereum Merge become uncertain in the recent past. In truth, the developers have repeatedly postponed the all-important “difficulty bomb” in the merge. This made […]