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“# Harmony (ONE) gains 230% after Ethereum network integration ” Since the start of February, Harmony (ONE) has rallied by 230% and while the proof-of-stake smart contract platform benefited from Ethereum’s skyrocketing gas fees, the recent meteoric rise appears to be driven by more fundamental factors. Harmony (ONE), ATOM, SOL, NEAR, OMG at Binance. Source:…
“# Bison Trails launches Global Blockchain Sync to enhance node operations, reduce lag times ” Bison Trails, a leading blockchain infrastructure company, has launched a new protocol that allows customers to scale their node operations without the lag times that normally accompany such functions. Beginning Tuesday, Global Blockchain Synch, or GBS, will allow Bison Trails…
“# Polkadot’s roadmap for full launch fuels rally to all-time highs ” The Polkadot (DOT) project released a detailed roadmap on Monday for the highly-anticipated rollout of parachains and slot auctions, which should mark the full launch of the protocol. The roadmap is divided into three main stages. The current phase is the Rococo testnet environment,…
“# Linear (LINA) price gains 30% after transition to Binance Smart Chain ” This week Linear Finance (LINA) emerged as a viable competitor to Ethereum-based projects in the DeFi sector that find themselves hampered by congestion and high transaction costs. Data from Cointelegraph Markets and TradingView shows that on Jan.13 LINA was trading for $0.0135…
“# Lightning Network node count hits record high, TVL tops $42M ” The Lightning Network has grown 75% in size over the past year, hitting a record high 8,900 nodes for the first time on Feb. 8, according to LN monitors at Bitcoin Visuals. A significant proportion of the increase occurred more recently, suggesting that…
“# Matic rebrands to Polygon in pursuit of ‘Polkadot on Ethereum’ strategy ” The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon. While the existing products and the token would remain largely the same, the branding change signals a strategic change…
“# Exchange temporarily halts Ether withdrawals as gas fees hit new highs ” Japanese cryptocurrency exchange Liquid has temporarily disabled Ether (ETH) withdrawals as the altcoin hits new all-time highs. According to a Feb. 4 announcement, Liquid has halted withdrawals for ETH and some ERC-20 tokens due to a massive spike in transaction costs, or…
“# Ethereum posts new highs as DeFi gas fees go through the roof ” Ethereum’s gas fees are again spiking to record highs, rendering many decentralized finance protocols unusable for casual investors. After increasing roughly 20% in the last 24 hours, average Ethereum transaction fees are now sitting at a record $17.67. With many DeFi…
“# OKEx to accelerate Bitcoin transactions with Lightning Network ” Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration. According to a Feb. 2 announcement, OKEx’s Bitcoin Lightning Network will be integrated “in the coming quarter,” making OKEx a participant node in the Lightning Network….
“# LuaSwap using TomoChain for backend transactions ” The number of projects adopting layer-two solutions for Ethereum’s scaling woes is increasing, with LuaSwap rolling out a new, TomoChain-based exchange engine yesterday. The change will enable the Uniswap inspired exchange to perform token swaps with greater speed and efficiency than many rival Automated Market Maker ERC-20 exchanges….