Ronin network, an Ethereum sidechain that hosts Axie Infinity and other games, is experiencing a resurgence with about 1.4 million daily active users. That puts it in second place across all blockchains, just behind Tron’s 2.2 million daily active users, according to Token Terminal. But the Ronin network only generated the 13th highest fee revenue…
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A new one-minute spot from Coinbase features an animated former U.S. President Abraham Lincoln on a penny pleading to be converted into digital form. Moving the United States dollar to a “well-designed blockchain” could make billions of “clunky” pennies in the country useful again, according to a new ad campaign from crypto exchange Coinbase. The…
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Central issues: The London Stock Trade to send off a blockchain-controlled computerized market for customary resources. Drive prohibits cryptographic money, underlining productivity and straightforwardness. LSEG builds up its obligation to development and monetary center point status. In a noteworthy move, the London Stock Trade (LSEG) has uncovered its aggressive arrangement to present a computerized market…
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Central issues: Shanghai government discharges rules to advance blockchain, computerized yuan, and metaverse reception in true enterprises. The arrangement incorporates blockchain-based stages for product exchanging, online business, and computerized change in heritage ventures. Shanghai’s move lines up with China’s emphasis on utilizing blockchain’s expense efficiencies and lifts effectiveness in overseeing product settlements with the computerized…
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Key Points: At the Blockchain Futurist Conference in Toronto in August, Shibarium, a Layer 2 blockchain solution, intends to launch its mainnet. Shib will also host a multi-month hackathon as one of the event’s main sponsors, and Shibarium will showcase all Shib-branded projects and services. Shib will have a significant chance to showcase its most…
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Key Points: QuickNode adds support for XRP Record, helping Web3 reception. XRPL offers unwavering quality, quick exchanges, and various use cases. Developers can create high-quality digital applications thanks to QuickNode’s streamlined infrastructure. An intriguing platform announcement has been made by QuickNode, a leading provider of blockchain infrastructure solutions. It upholds the XRP Record (XRPL), making…
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By providing decentralized access services to high-integrity data from other chains and Web2, Flare, an EVM-based Layer 1 blockchain, aims to expand the utility of blockchains. Let’s take a closer look at the Flare Network’s purpose, tokens, key features, and operation. What is Flare Network? Using the Ethereum virtual machine (EVM), the…
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50% of uninsured deposits, according to insiders, will be reimbursed by next week. Less than 72 hours after the failure of renowned American tech bank Silicon Valley Bank (SVB), relief efforts may already be under way, according to a post on March 11 by Bob Elliot, chief investment officer of Unlimited Funds. Elliot stated among…
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Crucial Ideas Despite the bear market, money continues to flow into the cryptocurrency and Web3 sectors. There are 7 exceptional Web3 initiatives that have recently raised money effectively. Observing the movements of venture capital firms is one approach to stay current with crypto industry trends. Despite the bear market, money continues to pour into…
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Crucial Ideas An outage at network explorer Polygonscan led to unfounded allegations that the Polygon blockchain was briefly down. The Polygon team has now claimed that blockchain development has not stopped and that “a few nodes” going out of sync was the root of the issue. On March 11, 2022, one of the network’s three…
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