Cryptocurrency Analysis and News Portal
As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that over 700 tech startups have experienced layoffs this year, impacting at least 93,519 employees globally. It has also been
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On Thursday, the Helium Foundation announced that it would be moving its mainnet to the Solana blockchain following a community vote. According to the proposal, proof-of-coverage and Data transfer mechanisms will be moved to Helium Oracles. It’s official! The HIP 70 vote has ended. #Helium will be moving to the @Solana
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The NFT marketplace says the move to the open source protocol could reduce gas fees by as much as 35%. Source
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OVR has successfully completed the first phase of its two-phase migration to the Polygon Network. The move began in January and has already shown promising results for the project, with the second phase to be deployed in February. It announced that it has transferred the Merkle Proof and minting functions
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Dot Finance automates and maximizes rewards for its users and helps them earn fees from other DeFi services, such as lending, trading, and borrowing. Similar to other DeFi applications, Dot Finance uses smart contracts instead of third parties to provide financial services to users, such as lending, trading, and borrowing. Original
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North American dominance in bitcoin mining continues to strengthen as most miners continue their migration out of China since the country’s sweeping ban on all crypto-linked activities in July.Most recently, bitcoin miner Bit Digital said Wednesday it has moved all of its mining rigs to North America.“Our mining assets are
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Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting and governance rights.
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Teller Finance, a non-collateral lending protocol for the DeFi market, has officially deployed its mainnet on Polygon, marking a significant milestone in its quest to offer scalable, user-friendly solutions. With the launch of Teller’s Polygon mainnet, users can begin making deposits and funding liquidity pools immediately, the company disclosed Tuesday. The
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