Day: May 10, 2022

Can Solana become the dominant PoS chain despite persistent outages?

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Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature. However, it has also encountered a few unique problems. From resource exhaustion to a halt in block confirmation, the Solana network has suffered a number of setbacks that resulted in repeated power outages, causing the network to shut down for hours on several occasions. The network went down on December 4, 2020, about three years after Solana was introduced, causing confusion in…

🚨 Again Crypto big Crash ? | Why Crypto Market Down | Crypto News Today | Crypto News Shiba Inu Coin

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Dapper Labs Debuts $725M Ecosystem Fund for Flow Blockchain Development

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El Salvador and Tron DAO Reserve Each Buy 500 Bitcoin Amid Crypto Market Dump

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President Nayib Bukele said El Salvador bought an additional 500 BTC on Monday The Central American Jurisdiction previously approved Bitcoin as legal tender in 2021 Justin Sun’s Tron DAO Reserve also purchased 500 BTC during Monday’s market tumble The massive buy could be earmarked for Tron’s USDD algorithmic stablecoin reserve El Salvador announced a massive 500 Bitocin purchase on Monday (May 9, 2022) as the cryptocurrency market took a nosedive.  President Nayib Bukele disclosed the huge BTC acquisition via a tweet revealing that the country spent an estimated $15,372,000 in…

NASA Partners With Epic Games to Create a Martian Metaverse Simulation – Metaverse Bitcoin News

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NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience. The challenge will include various tasks, including designing several key environments for Martian astronauts, which will be rendered using Epic Games’ Unreal Engine 5 to provide a realistic environment. NASA to Develop Martian Metaverse to Help in Training Exercises NASA, the U.S. space agency, has recently posted a challenge to attract developers to help build a Martian metaverse environment to aid…

Bitcoin and Lightning in Mozambique

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Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who’s using the largest cryptocurrency to make ends meet. Jorge, who goes by his first name for anonymity, lives in the tiny village of Bomba, Mozambique, on its southeast coast. Since the COVID-19 pandemic stripped away tourism from the sleepy surf town, one of Jorge’s primary wage earners—tourism—disappeared.  Luckily, Bitcoin adoption is slowly swelling in Africa–from the Central African Republic across to Senegal and further north. Mozambique is also showing signs it’s…

Talos raises $105M to become the latest crypto unicorn valued at $1.3B

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PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding. Talos has raised $105 million in Series B funding round led by a major global growth equity firm, General Atlantic, according to an announcement released on May 10. The funding will help Talos extend its institutional-grade digital asset platform as well as accelerate the firm’s expansion into the Asia-Pacific region and Europe. The raise featured major firms in both the traditional finance and the crypto industry, including Ken Fox’s private…

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