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Block production on Blockstream’s Liquid network has resumed after technical problems related to a functionary upgrade caused many transactions to queue for hours.In an Oct. 5 update from a Liquid oversight board member identified only as Wiz, Liquid’s failsafe mode was activated yesterday as “an unexpected issue occurred causing block
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Liquid, a sidechain-based settlement network operated by bitcoin infrastructure firm Blockstream, is currently facing issues processing transactions.The network’s mempool – a chamber where all valid transactions wait to be confirmed by the Bitcoin network – is beginning to fill as each transaction awaits processing. The last transaction occurred over four
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Layer-two scaling protocols for Ethereum have surged in adoption in recent months as gas prices climb again, and the L2 ecosystem is now processing more daily transactions than the Bitcoin network according to recent findings.According to CoinMetrics data collated by industry analyst and Week In Ethereum News founder Evan Van
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While a defined date of the digital yuan launch has not been revealed, the current stride of opening up the wallet application to the public is a step closer to achieving the country’s CBDC dreams.Major Chinese state-owned banks have started processing applications for digital yuan wallets from members of the
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Leading cryptocurrency exchange Coinbase, on a day when bitcoin surpassed its all time high, said it’s experiencing delays. processing BTC withdrawals due to Bitcoin network congestion. Story is developing and will be updated when more information is known. Source
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