Category: Blockchain

Solana: Crypto’s Next Apple? Co-Founder Shares Bold Vision For The Blockchain’s Future

Solana is a layer-1 blockchain that has been making waves in the crypto industry since its launch in 2020. The co-founder, Raj Gokal, recently spoke to TechCrunch+ about the potential of Solana to become the “Apple of crypto.” Solana Co-Founder Thinks Its Blockchain Could Rival Apple’s Success According to Gokal, Apple’s success can be attributed to its relentless focus on user experience and performance. He believes Solana shares this same focus and is working to create a network that feels like the regular Internet but is an entirely new financial…

Institutions seek detailed blockchain analytics for crypto adoption — Elliptic

As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher.  Compliance experts, investigators and regulators employ these blockchain analytical tools to better understand the patterns and entities in cryptocurrency transactions. To learn more about the tools and how they fit into broader cryptocurrency adoption, Cointelegraph sat down with Tom Robinson, the co-founder and chief scientist at analytics firm Elliptic; and Eray Akartuna, a senior cryptocurrency threat analyst at Elliptic. Cointelegraph: What are the typical use cases you see for on-chain analytics for institutional clients?…

Circle Unveils New Stablecoin On The Avalanche Blockchain

Circle, a leading stablecoin issuer, has introduced Euro Coin (EUROC) on Avalanche, marking a strategic step towards providing faster and more efficient payment solutions and financial services to developers and users. This launch is part of Circle’s comprehensive multi-chain strategy for EUROC, aimed at expanding its reach and functionality. By offering EUROC on the Avalanche network, Circle enhances the liquidity of the stablecoin and empowers users with the flexibility to transact in euros, complementing their existing USD-backed stablecoin, USD Coin (USDC). This development opens up new avenues for seamless and…

Bitcoin surpasses Solana to become second most popular NFT blockchain

The monthly trading volume of nonfungible tokens (NFTs) and memecoins on Bitcoin in May surpassed Solana’s volume, according to data from CryptoSlam.  Bitcoin ordinals trading volume currently stands in second place behind Ethereum, which did $393 million in NFT volume, more than twice that of ordinals on Bitcoin (BTC) in 30-days starting April 23. Bitcoin gained a significant lead over popular blockchains like Polygon, ImmutableX, BNB Chain and Solana during this period. According to a Dune dashboard by BRC-20 token standard creator Domo, BRC-20 token transactions accounted for the majority…

Solana integrates AI into blockchain, raises grants fund to $10M

On May 23, the Solana Foundation, a nonprofit dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs.  As told by developers, the ChatGPT plugin is available for download from GitHub and will “make it easier to understand Solana data and protocols, or surface data about Solana’s computing infrastructure and DeFi projects.” Current functions for the plugin include purchasing nonfungible tokens (NFTs), transferring tokens, inspecting transactions, interpreting public account data and finding NFT collections by…

Dash Blockchain Collapses After A Botched Upgrade

Dash, the open-source, proof-of-work blockchain, is down following a recent hard fork failure. The flaw is preventing the network from generating blocks, effectively preventing users from securely transferring value or making payments. Dash Blockchain Is Down As of May 23, the Dash blockchain explorer shows that the last block of transactions was confirmed roughly 28 hours ago. The network halt coincides with a failed upgrade on May 22 which would have seen the platform’s code updated to v19.0.0. Dash Block Generation: Blockchain Explorer The bug in the failed hard fork relates…

Dash (DASH) Blockchain Halts, Binance Pool Suspends Mining Rewards

Several hours later, Dash Core developer Pasta tweeted that the devs had identified issues and were working on a fix. “There are two options we are investigating, and everyone is focused on promptly resolving this issue,” Pasta wrote, adding that the planned release of the latest Dash Core client update, v19, might be delayed to resolve the issues first. Source link