Major multinational professional services company Ernst & Young (EY) announced the adoption of the Polygon protocol for the deployment of its blockchains to provide faster transactions and lower costs for its enterprise clients who transact on the Ethereum mainnet. EY Clients Can Now Access Polygon Network The “Big Four” consulting firm stated in the press...Read More
Cryptocurrency users who purchased the Apple app “Toast Plus” have had their funds vanish, and they’ve filed a class action lawsuit against the iPhone maker. XRP holders went on the offensive, demonstrating once again the community’s level of organisation. Several XRP investors accused tech giant Apple of permitting criminal actors to steal their funds and...Read More
Even in the face of a major sell-off in the cryptocurrency market on Tuesday, Solana (SOL) is on its way to the moon and refuses to descend. The price of SOL surged to a new all-time high two days later. During the last 48 hours, the SOL / USD pair avoided a big retracement and...Read More
While worries about Bitcoin’s energy use abound, new analysis shows that the network has already consumed more power than it did during the entirety of last year. Bitcoin’s Rising Power Consumption As reported by Bloomberg, “the network reportedly consumed about 67TWh of electricity in 2020, and its total consumption has already surpassed this in 2021”....Read More
On Friday, major cryptocurrencies displayed mixed patterns, indicating that they are entering a consolidation phase. There is optimism that bullish momentum may be returning after last week’s market fall, with the world’s largest cryptocurrency trading at $48,578 at the time of writing. In comparison to the previous day, the overall crypto market cap climbed by...Read More
The Smart Contract release was announced on September 12 as part of the so-called Alonzo upgrade by Input Output Hong Kong (IOHK). The quantity of smart contracts that have already been created on the ecosystem demonstrates the developers’ faith in the network. Smart Contracts with a Twist? In less than 24 hours, the platform has...Read More
