Opinion: Decentralization in “Web3” Is Still a Myth
Anchor Protocol (ANC) token price has surged in the past 24 hours, sidestepping a plunge in the crypto market as traders sought exposure to the relatively large yield offered by the Anchor protocol. The token was last trading up 13% at $5.5, hovering around 10-month highs and with a total market capital of $1.4 billion.
Cryptocurrency donations sent to the Ukrainian government and several non-governmental organizations meant to support the country amidst its ongoing war with Russia have topped $50 million across more than 100,000 transactions. According to on-chain analytics firm Elliptic, the Ukrainian government and NGOs supporting the country’s military efforts and humanitarian...
It’s no secret that crypto users love to race and compare speeds, but an evaluation of this kind is actually much harder than it sounds. To that end, an investigation by GM and Haseeb Qureshi from Dragonfly Capital delved into the question of whether Solana could take on an Ethereum Virtual Machine [EVM] compatible chain in a speed race. Quickly shooting down transaction-per-second rates, the two researchers instead decided to look at the speed of Automated Market Makers [AMMs]. To refresh...
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Bitcoin appeared to be recovering over the past two days after macro concerns worldwide had pushed the largest cryptocurrency to lose significant valuation, along with most other crypto assets. In fact, investors have been holding strong amidst the past week’s havoc, with digital asset flows registering renewed positive movement. In the last week of February, $38 million was poured into digital asset investment funds, “despite the ongoing turmoil in Eastern Europe”, noted CoinShares in its latest report. However, it also highlighted...
New Castle, United States, 2nd March, 2022, GameFi platform Arcade expands its full-scale economic ecosystem for play-to-earn gaming through Mission Pool Operators. The Mission Pool Operator can lease NFTs to perform in-game activities, bringing more value to all Arcade participants. Arcade is on a mission to provide play-to-ear inclusion to a...
Terra’s native cryptocurrency LUNA has witnessed a strong rally despite the market volatility in recent times. The LUNA crypto is aiming a move to its new all-time high and is currently trading 7.5% up at a price of $95.36 with a market cap of $35.7 billion. With the recent move, Terra’s LUNA becomes the second-largest Proof-of-Stake (PoS) network by staking rewards toppling giants like Ethereum 2.0, as per the latest data from staking rewards. Terra $LUNA is now the 2nd...
The number of daily active signers on Solana ($SOL), which are deemed a good proxy for daily active users, has jumped 300% since the network’s last update in late September, peaking at 299,000 in late January before dropping to 232,000. According to OurNetwork, a weekly newsletter focused on...