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China’s Blockchain-based Service Network (BSN) – a permissioned blockchain network for building decentralized applications and tokens – plans on releasing a beta central bank digital currency (CBDC) as early as the second half of 2021, according to a Jan. 15 blog. Source
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"Mining" may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms are adopting blockchain infrastructure to manage the most physical of mining supply chains.The Russian company Norilsk Nickel — the world’s largest
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The number of decentralized exchanges running layer-two solutions is growing as the Ethereum network struggles to keep up with its own popularity.As excessive Ethereum gas prices continue to hamper smaller transactions and operations on the network, the number of faster and cheaper options continues to expand as layer-two adoption increases.
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Hermez Network sets out to provide faster and cheaper transactions on Ethereum. Source
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Another crypto exchange has added support for Bitcoin’s Lightning Network.U.K.-based CoinCorner debuted Lightning Network support for its users Tuesday. They can now deposit and withdraw bitcoin with the secondary network, a software stack that is built on top of Bitcoin’s core technology which facilitates cheap and fast transactions.“Lightning is the
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The Bitcoin (BTC) price is not the only metric seeing record numbers as the network hash rate has set a new all-time high.According to data from Blockchain.com, the estimated seven-day average Bitcoin hash rate is now at about 148 exahashes per second, or EH/s. This figure represents the amount of
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The team behind the Safex e-commerce blockchain open-source platform announced today they are expanding the ecosystem in which
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Decentralized storage protocol Filecoin (FIL) came to a standstill on Dec. 19 as a bug caused instability on the network. According to a project status report issued by the Filecoin team: “The Filecoin network is halted with most nodes stuck at height 336459 with mismatched state compute error due to
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2020 has proven to be the year of crypto M&A with over $600 million spent in 60 deals
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Because investors had been scrambling to buy XRP in order to lay claim to a corresponding amount of
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