SBI-owned TaoTao exchange in Japan relists XRP
While the SEC is investigating XRP’s status in the United States, the asset has been adopted by Ripple Labs’ key partner, the SBI Group in Japan. As a result of this critical relationship, XRP has not yet been declared a cryptocurrency in the country. This was evident in the relisting of XRP by a number […]
Avalanche and Polkadot increases despite low global trading volumes
Today, Avalanche and Polkadot have risen to prominence Today is Sunday, which means that crypto trading , like the rest of the world, is observing the Sabbath. However, this has not prevented altcoins Avalanche and Polkadot from rocketing to the top of the cryptocurrency market capitalization leaderboard. Avalanche was the twentieth largest cryptocurrency by market […]
Cardano to Launch Smart Contracts Today by Implementing the Alonzo Hard Fork
Cardano’s Alonzo hard fork has its skeptics. Cardano will usher in smart contracts at 21:44:51 UTC tonight by implementing the Alonzo hard fork. However, several decentralized applications have been delayed due to design issues, and Alonzo may only go live with a “few toy smart contracts” developed by Cardano’s creator. Smart contracts, which are self-executing […]
Layer-two scaling protocols for Ethereum surges more than BTC
With an average gas price of $40 per gallon, it should come as no surprise that layer-two platforms are seeing an increase in utilization. According to new studies, the use of layer-two scaling protocols for Ethereum has increased dramatically in recent months as gas prices have risen again. The L2 ecosystem is now processing more […]
$1 billion has been invested in Ethereum Layer 2 Scaling Solutions
Second-layer scaling solutions are designed to help Ethereum users deal with network congestion, and they’re becoming increasingly popular. According to layer two ecosystem tracker L2Beat, second-layer scaling solutions designed to combat network congestion on Ethereum are flourishing, with over $1 billion locked up in scaling protocols. Crypto exchange dYdX is at the top of the […]