Solana network faced a slowdown in block production on Fev. 25 following the upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the software in an attempt to restore network performance. The technical issue started around 6:00 AM (UTC), leading validators to downgrade to version 1.13 in an effort to restore transactions…
When it comes to the world of crypto, renowned artist Tom Sachs doesn’t care for the over-arching label that is Web3, including certain terms like crypto or NFT. “I’m not so interested in those words,” he told Decrypt. “I think they’re–in a lot of ways–poisoned.” The sculptor–whose contemporary artwork is featured in museums and galleries around the world–said he is…
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same timeframe, the top smart contract…
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same timeframe, the top smart contract…
At one point, the acronym WAGMI–short for “we’re all going to make it”–was commonly used on crypto Twitter as a way to express optimism towards various projects. Echoing comments from other Web3 figures that WAGMI is dead, Doodles CEO Julian Holguin told Decrypt recognized the headwinds that numerous projects currently face. “I think a lot of people are certainly feeling…
At one point, the acronym WAGMI–short for “we’re all going to make it”–was commonly used on crypto Twitter as a way to express optimism towards various projects. Echoing comments from other Web3 figures that WAGMI is dead, Doodles CEO Julian Holguin told Decrypt recognized the headwinds that numerous projects currently face. “I think a lot of people are certainly feeling…
It might be difficult to find a blockchain developer, particularly if one is unfamiliar with the technology and its range of uses. Employing knowledgeable developers who can assist organizations in creating and deploying blockchain-based solutions that match their objectives is becoming more and more crucial due to the growing demand for blockchain solutions across industries. In this article, we will outline…
Two suspects have been arrested by the French police in connection with Platypus’ $9.1 million exploit, and 210,000 euros worth of cryptocurrency has been seized, according to the local authorities. Investigations leading to the arrests were supported by on-chain sleuth ZachXBT and crypto exchange Binance, said Platypus. The decentralized protocol was compromised in three separate flash loan attacks carried out…
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60 days. Network Participants Face Longer…
The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023. The setback, however, was caused solely by technical difficulties, and thus, MiCA is…
