Cryptocurrency Analysis and News Portal
According to Solana Explorer, the network was processing about 93 transactions per second near 2:00 AM east coast time, well below the network’s rate near 5000 TPS some 15 minutes prior. Such low throughput was preventing users of Solana from conducting effectively any on-chain activity, from trading to transferring assets. Source
Read More
In what may have marked the largest token collapse in crypto history, Terra’s $40 billion stablecoin juggernaut crashed last week. Terra’s UST stablecoin, which is supposed to stay “pegged” to the price of the dollar, plummeted below 10 cents. LUNA, which UST’s “algorithm” uses to help prop up the stablecoin’s
Read More
Earlier this year, MicroStrategy made the news across the world when it became the first major, U.S. stock
Read More