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Cryptocurrencytech

All articles tagged with #cryptocurrencytech

"Ethereum's Dencun Upgrade Causes Outage, Promises Fee Reduction"

Originally Published 1 year ago — by Decrypt

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Source: Decrypt

Ethereum layer-2 scaling network Blast experiences block production halt following Ethereum's Dencun upgrade, but the issue is resolved within an hour. Despite the setback, Blast has seen an increase in total value locked (TVL) to over $2.9 billion as users capitalize on DeFi protocols and potential token airdrops. The Dencun upgrade aims to reduce costs for layer-2 network usage by allowing temporary storage of information.

"Satoshi Nakamoto's Insights on Bitcoin, Ripple, and Energy Debate Revealed in New Emails"

Originally Published 1 year ago — by U.Today

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Source: U.Today

Martti Malmi, an early Bitcoin developer, has shared alleged correspondence with Satoshi Nakamoto, revealing Nakamoto's interest in Ripple's unique approach to distributing trust across its network. The authenticity of the documents remains unverified, but if genuine, they offer insight into the early days of cryptocurrency development and prompt a reevaluation of the relationship between Ripple and Bitcoin, two significant players in the crypto space. This revelation emerges as Ripple evolves into a notable entity in the cryptocurrency sphere and Bitcoin's market capitalization exceeds $1 trillion, providing important touchstones for understanding the industry's evolution.

Elon Musk to Ditch Phone Number for 'X' Communication

Originally Published 1 year ago — by U.Today

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Source: U.Today

Elon Musk announced his intention to discontinue using his phone number and switch solely to using the X app for texts and audio/video calls, sparking enthusiastic reactions from the crypto community. While this move may attract more users to X, it could also raise concerns about the growing dominance of technology. Additionally, Gabor Gurbacs likened Bitcoin's resilience to Elon Musk's companies, highlighting the ongoing predictions of their demise.

"Victoria VR's Metaverse Altcoin Surges 24% with Apple's Vision Pro Integration"

Originally Published 1 year ago — by The Daily Hodl

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Source: The Daily Hodl

Victoria VR, a virtual reality metaverse altcoin, experienced a 24% surge after teasing an upcoming app release on the new Apple Vision Pro headset. The blockchain-based metaverse, powered by Unreal Engine, offers a massively multiplayer online role-playing game (MMORPG) with realistic graphics, a digital real estate marketplace, and NFT trading. Despite the surge, the token remains significantly down from its all-time high set in December 2021.

Bonk Frenzy Sends Solana Saga Phone Prices Soaring

Originally Published 2 years ago — by CoinDesk

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Source: CoinDesk

Sales of Solana's Saga phone, previously considered a "failure," have surged with prices reaching as high as $5,000 on eBay. The surge in sales is attributed to arbitrage traders chasing a 30 million BONK token airdrop given to every phone owner. The popularity of the dog-themed BONK token has boosted the fortunes of the Saga phone, which previously faced uncertainty about its future.