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2023-02-27 21:11:37 Solana network back online following second restart
The Solana blockchain is back online after two attempts to restart the network. The fix occurred at 01:28 UTC, after which engineers were said to continue monitoring the performance of the network, according to monitoring site Solana Status. At 02:09 UTC, the issue was deemed to be resolved. The network went down in the early hours of Feb. 25, meaning transactions weren't processing on the network as they're supposed to. A few hours later, a first network restart took place but it was ineffective, leading to the second solution. Read more Open / Comment

2023-02-27 00:09:02 This Week In Crypto (CW 8)
1. Bitcoin, Ethereum Dip as Crypto Market Sheds $58B
2. Solana Network Stumbles, On-Chain Trading Slows After ‘Forking’ Incident
3. Global Crypto Rules to be Based on Coming FSB & IMF Synthesis Paper, India Says After G20 Meetings
4. FTX Founder Sam Bankman-Fried Faces More Criminal Charges – The Latest Twist in a High-Profile Case
5. Ethereum Shapella upgrade gets new date, making way for un-staking ETH

CW7 (last week) Open / Comment

2023-02-26 13:18:55 Solana Network Stumbles, On-Chain Trading Slows After ‘Forking’ Incident
Infrastructure operators on the Solana network rushed to right the struggling blockchain early Saturday after a tech issue throttled users’ ability to trade crypto, transfer assets, or do anything on-chain. The blockchain started “forking” (creating conflicting versions of its transaction history) at around 00:53 New York time, according to Solana’s Discord server. Shortly after that validators’ RAM began increasing while the chain’s transaction throughput fell off a cliff. Read more Open / Comment

2023-02-25 14:47:58 Shiba Inu’s Community Heightens Token Burns As Shibarium Renews Bullish Drive For ‘$0.001 SHIB’
The Shiba Inu (SHIB) community burned over 98 million tokens last week in a move that contributed to double-digit gains attained by the asset. 98 million SHIB were burned in the last seven days, and in the last 24 hours, the community sent 9 million tokens to a dead wallet. According to information from Shibburn, SHIB holders attained that milestone in 36 separate transactions. The largest burn, amounting to 39 million SHIB, was on Feb 13, with an unidentified Binance user making the move in seven separate transactions. SHIB Super Store, a regular participant in the burning process, disclosed via Twitter that it had burned over 8.7 million SHIB tokens. Read more Open / Comment

2023-02-24 16:11:34 XRP Sees Ultra-Bullish Prospects As Developers Reveal A Cross-Chain Bridge To Drive Interoperability Is Coming
RippleX and XRP Ledger (XRPL) developers have unveiled a new XRPL standard for a cross-chain bridge that would considerably expand the potential use cases for the network and the XRP token. Interoperability is a buzzword in the cryptosphere that refers to the ability of different blockchains to communicate, share crypto assets and arbitrary information, and work together, therefore sharing economic activity. Interoperability between blockchains is considered to be a critical goal for enhancing the end-user experience and fostering crypto adoption. Read more Open / Comment

2023-02-24 01:41:54 U.S. Congressman introduces bill to block CDBC roll out
United States Congressman Tom Emmer has introduced a new bill seeking to block the Federal Reserve (the Fed) from issuing a central bank digital currency (CBDC). The bill dubbed ‘CBDC Anti-Surveillance State Act’ seeks to protect U.S. citizens’ financial privacy,’ Emmer said in a tweet on February 22. “Any digital version of the dollar must uphold our American values of privacy, individual sovereignty, and free market competitiveness. Anything less opens the door to the development of a dangerous surveillance tool,” Emmer said. The bill seeks to bar the Fed from issuing the digital dollar to anyone, alongside using a CBDC to implement monetary policy and control the economy. Read more Open / Comment

2023-02-22 17:45:11 The War On Stablecoins: SEC's Efforts To Control Crypto Market
Stablecoins face regulatory uncertainty. This report gives you an overview of the current situation and the actions I am taking.
Link Open / Comment

2023-02-22 14:45:04 The Ultimate Wallet Checklist
Your Ultimate Guide to Choosing, Setting Up, Securing, and Using a Cryptocurrency Wallet

Are you new to the world of cryptocurrency wallets and not sure where to start? Look no further! Our Ultimate Guide will help you choose, set up, secure, and use a cryptocurrency wallet. Discover the different types of wallets and what to consider when selecting one, learn how to create a strong password and backup your wallet, and find out how to fund, use, and keep your wallet safe.

Take care of your crypto and read our Ultimate Guide now in our Discord Server Open / Comment

2023-02-22 13:08:48 Mastercard to allow crypto payments in Web3 via USDC settlements
A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital, physical and the metaverse worlds. Once the transaction is successful from the user’s end, USD Coin tokens — a United States dollar-backed stablecoin issued by Circle — will get converted to fiat and be used to settle transactions on Mastercard’s network. The Mastercard-Immersve partnership uses decentralized protocols to settle real-time cryptocurrency transactions on outlets accepting Mastercard payments online. Users will be able to use their existing Web3 wallets to make direct crypto payments without relying on a third party for collateral. Instead, Immersve will partner with a third-party settlement provider and allow its users to use USDC for all purchases. Read more Open / Comment

2023-02-21 13:27:56 SOL Sees Ultra Bullish Push As Solana Confirms Helium Migration Date
Earlier today, the Solana network team confirmed that the Helium network would finally be migrating to Solana on March 27th, sending SOL and HNT prices soaring. The confirmation came after Helium shared updates on the transition via a blog on Friday. In the blog, Helium described the migration to the Solana blockchain and deployment of Oracles as the “most significant upgrade to helium”, noting that it would greatly boost its scalability and reliability. “After months of meticulous planning and technical development, the Helium Foundation is proud to formally propose March 27, 2023, as the migration date to the Solana blockchain,” read the Feb 17 blog. Read more Open / Comment