Despite suffering a network outage due to a denial-of-service attack that took the Solana network offline for 17 hours on Sept. 14, Solana funds continued to see inflows of US$4.8 million last week, according to digital asset manager CoinShares. Fast facts “This suggests investors were happy to shrug-off the attack, seeing it as teething problems…
Upbit can operate as a virtual monopoly as it becomes the country’s first licensed business to handle cryptocurrencies.
ETH 2.0 is expected to address transaction speeds and gas fees on the world’s number two blockchain, but a growing number of layer-2 protocols are looking to solve those issues today.
All but four platforms in South Korea obligated to announce the suspension of their services by today.
AVAX and SHIB outperform Bitcoin, which gained in price but shied from the $50K mark.
Blockchain research firm sees explosive growth in smart contract-based products that can replace existing financial services.
Leading Chinese crypto mining hardware manufacturer attributes robust revenue to ‘substantial increase in total computing power sold.’
South Korea’s finance minister Hong Nam-ki gave a firm “no” at the National Assembly to lawmakers asking for crypto taxation to be delayed until the industry is fully prepared. Fast facts Minister Hong insisted the plan to tax capital gains from cryptocurrency transactions should be executed as planned. The amended tax law stipulates that crypto…
African countries collectively received US$105.6 billion worth of cryptocurrency between July 2020 and June 2021, a year-on-year increase by more than 12 times, blockchain data platform Chainalysis said in a report. Fast facts The adoption rate of cryptocurrency in Africa at the grassroots level is the highest in the world. And retail transactions in Africa…
Top blockchain and crypto news: Walmart dispels Litecoin hoax. Cardano’s real work begins. Beijing bears down on NFTs.