The DeFi has grown exponentially, and with the growth, it has exposed different scaling issues in the Ethereum Network. As the demand for the Ethereum Network increased, so did the network congestion, transaction time, and gas fees. As a result, users turned to an alternative Polygon side scaling solution that
Tag: ethereum
EOS price surges 100% in 3 days! – Here’s why
Luckily for crypto enthusiasts, several cryptocurrencies have seen a sudden surge in price in recent days. However, cryptocurrencies such as Bitcoin and Ethereum were not the only crypto assets that have seen a positive fluctuation. Altcoins such as EOS, DogeCoin, etc., also saw a significant surge in price. Talking about EOS,
Galaxy Digital is all set to purchase Crypto Custodian BitGo for $1.2 Billion
In the latest news, Galaxy Digital, a cryptocurrency-focused financial platform with Michael Novogratz as the forerunner, has announced their plans to purchase BitGo for $1.2 Billion in cash and stock. BitGo is a US regulated crypto custodian that will be sold to Galaxy Digital in the fourth quarter of 2021,
After PayPal, eBay is looking to go crypto!
Cryptocurrencies have become a viable and preferred way for transactions all over the world. There is no denying that more and more people are using cryptocurrencies as a payment method for their daily actions every day. To accommodate this need, PayPal recently announced Foray that allows users to transact using
Crypto Whales are in no mood to settle even in volatile situations
Looks like the Whales are still not getting enough of Bitcoin Ethereum and Ripple because as in April, the demand has only intensified! Despite the highly volatile month of April, the cryptocurrency whales have actually accumulated large portions. On-chain data has revealed that famed and large BTC addresses have broadened their
Why is Student Coin $STC the latest addition to the crypto revolution?
The cryptocurrency industry has come a long way from just being an alternate digital payment source and has several use cases now. With the latest addition of the DeFi and blockchain technology in the crypto world, new opportunities have opened up for people to adapt to the digital world. Student Coin
The Total Crypto Market Cap Generates an All-Time High of $1.13 Trillion
The crypto bull market seems to show no sign of ending as the 2021 total market capitalization is now valued at a massive $1.13 trillion sending investors into a frenzy. A news post on cointelegraph stated that today’s combined value of the cryptocurrency market is more than $1.1 trillion. The barrier
Tron is Planning to Move 2 Billion USDT to Ethereum Today, Tether CTO
Digital Art Project Sold for $10M in Hashmask NFTs in Just Four Days
Reddit Wants to Accelerate Scaling and Resources by Partnering with the Ethereum Foundation
Reddit, the popular social media platform, is partnering with Ethereum Foundation to increase the scaling and resources. A news post on cointelegraph claimed that Reddit plans to partner with the Ethereum Foundation in what is being called the social media’s first-ever blockchain partnership. Reddit sees more than 1.7 billion monthly visits