Polygon is a decentralized scaling platform on Ethereum that enables building user-friendly protocols or applications with low transaction fees in a highly secure environment. Polygon played a major role in solving the scalability problems of blockchain technology. However, Polygon is not only a major player in decentralized finance, but is also among the largest NFT
fter the planned launch of the new Terra blockchain had to be postponed by one day, it went online last Saturday. A look at the price of LUNA 2.0 shows that many have great doubts about the new project. At the start of the network, the LUNA token was traded for up to 19.54 U.S.
At 46%, Bitcoin dominance has reached its current high since October last year. As shown by various data, as recently as January, BTC dominance was below 40 percent. Dominance measures the share of bitcoin market capitalization in total market capitalization. High dominance is a marker and reflection of the downward trend of many altcoins and
In traditional Web 2.0, social media are characterized by the platform economy and are not remotely decentralized. Content from users is stored in their own centralized databases and transfer of content from one network to another is not possible. This means that profiles, contacts and content are always tied to a specific network and belong
Pocketful of Quarters, a blockchain gaming company, came up with the idea of creating a universal token that would make it possible to move freely across all Metaverse platforms and jump between virtual worlds. The patented "Zero-Click Transfer" is an innovative new way to move assets between different games. Zero-Click allows players to use their
A new milestone for the Solana ecosystem has been set, as the first gamefiction project DeFi Land is now playable. DeFi Land is a farming simulator that will include play-to-earn (P2E) elements in the future. Since the beginning of the year, according to the developers, the game has been able to generate $1.75 million in
Bitcoin is the first cryptocurrency ever and was initially traded without crypto exchanges after its release, so looking at the price at that time is a bit difficult. However, Bitcoin Pizza Day represents an important event. On May 22, 2010, Laszlo Hanyecz paid 10,000 BTC for 2 pizzas worth around $30. Today, those 10,000 Bitcoins
A financial report from Square Enix, the gaming giant behind global hits like the Final Fantasy series, reveals that it plans to massively expand its efforts regarding blockchain gaming. For example, it said it wants to initiate initiatives to create regulatory clarity and guidelines for blockchain games. Furthermore, they were preparing a second NFT package
In recent days, the steep downward trend since the recovery high at USD 1,998 of late April continued in the gold price. Despite the episodic recapture of the 1,848 USD mark, buyers were unable to stabilize the price of the precious metal and prevent a break of the support at 1,820 USD. Thus, the price
Last Thursday, the validators of the Terra blockchain decided to shut down the entire network due to the massive crash of the cryptocurrency LUNA, which belongs to Terra. The network was halted at block 7,603,700 after the cryptocurrency LUNA and its related stablecoin TerraUSD (UST) pulled off an unprecedented implosion of one of the biggest
