Solana, a high-performance blockchain known for its fast transaction speeds and low fees, has recently been struggling with network congestion issues that have led to an increase in transaction failures and delays in the launch of several cryptocurrency projects built on the platform. However, the Solana community is actively researching solutions to address these issues and improve the overall performance of the network. TLDR Solana validators voted 98% in favor of the “Timely Voting Credit” proposal to reduce consensus voting latencies and speed up transactions. Solana is currently facing network congestion issues due to an implementation bug related to the…
Author: Crypto Flexs
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In recent years, the world has witnessed a remarkable convergence of two rapidly evolving technologies: GameFi and blockchain. While each has made significant strides independently, their intersection promises to revolutionize the landscape of online streaming. This convergence represents more than just a mere collision of technological advancements; it signifies a seismic shift in the way we perceive and engage with digital entertainment. This blog delves into the synergistic potential of GameFi and blockchain, exploring how they are poised to reshape the future of entertainment and redefine the way we consume digital content. As we delve deeper into this fusion of…
Chinese police are investigating a STFIL technical team member who moved 2.5 million FIL tokens to an unknown address during an unscheduled protocol update, and are seeking community support to protect stakeholder interests. Chinese police have begun an investigation into key technical team members of STFIL, the Filecoin (FIL) liquid staking protocol. The reasons for the investigation have not been disclosed, but STFIL has confirmed the circumstances, managed the case through legal representation and provided support to the individuals involved. While investigating and detaining key technical team members, an unexpected protocol update occurred, resulting in the relocation of 2.5 million…
What is the best cryptocurrency investment?Here’s a question I’m often asked and one that’s on most people’s minds: “What is the best cryptocurrency investment?” My answer is always the same. It doesn’t matter if you’re new to cryptocurrency or a cryptocurrency veteran.The best cryptocurrency investment (in my opinion) is also the best asset class, having returned 10x more than the Nasdaq 100 over the past decade.The answer is Bitcoin.I know this newsletter is geared towards altcoins, but when it comes to diversifying your portfolio, the first digital asset you should own, no matter where you live, is Bitcoin. period.Bitcoin offers…
BitVM has recently come under some scrutiny after Taproot Wizards Tyler and Rijndael posted criticism of the liquidity requirements imposed on BitVM-based two-way peg operators. In all the recent discussions about BitVM-based layer 2 solutions, I’ve taken for granted that people discussing them and interested in the design space understand the collateral/liquidity requirements that the architecture imposes on operators. Recent discussion of the “liquidity crisis” issue shows that I was wrong about this assumption and that many people outside of those actively involved in BitVM development were unaware of this issue. Before addressing the issue of liquidity crisis, I think…
The Hong Kong Securities and Futures Commission is reportedly ready to approve a spot Bitcoin exchange-traded fund, signaling a major breakthrough for the Hong Kong cryptocurrency market. Tencent News, citing multiple sources close to the Hong Kong Securities and Futures Commission, said the city is preparing to approve the region’s first spot Bitcoin ETF by April 15. According to reports, Hong Kong regulators initially planned to approve only four spot Bitcoin ETFs in the first batch. However, recent changes have shown that at least two applications do not meet Hong Kong’s cryptocurrency asset management requirements. It remains unclear when and…
“He spent his clients’ money and lied about it. Where did that money go? It was used to pay for investments, repay loans, cover expenses, buy real estate and make political donations,” Roos said. last year. At the sentencing hearing, he went further: “The fact that Mr. Bankman-Fried spent his money on investments other than sports cars and all the things you would expect of a typical greedy person does not make him non-greedy or anything like that.” Expresses the motivation of greed. The fact that he has seemingly altruistic ambitions does not make him unambitious and is not his…
Etherfi continues to lead the liquid re-staking market with over 1.07 million ETH under management, equivalent to approximately $3.8 billion in user deposits.Etherfi allows users to access re-staking yields through EigenLayer, highlighting its role in a growing niche market.Liquid re-staking has grown significantly this year, driven by increased deposits from EigenLayer, which seeks to leverage ETH deposits to power third-party protocols. This will ultimately increase the total value locked in LRT and Etherfi will hold a significant portion of this value.While Etherfi leads the way in liquid re-staking, other protocols also contribute significantly to the market. According to The Block’s…
Clearstream recently became part of the European Central Bank (ECB) trial to explore DLT for funds settlement. They are the only repository participating in the first phase of the clinical trial. These tests are carried out in the current context of the development of a digitally driven euro. Digital post-trade mechanism D7 is enhanced by the potential of distributed ledger technology for tokenized securities. Clearstream is an entity of the Deutsche Borse Group that engages in trading business. Clearstream is proud to participate in innovative initiatives with leading business organizations, infrastructure and banking consortia. They are a leading DLT marketplace…
Blockchain security startup CertiK said Telegram’s desktop application poses risks to use due to its media auto-download feature, but the social network disputed the claim. CertiK has warned the cryptocurrency community about high-risk vulnerabilities in images and videos sent on Telegram’s private messaging app. Users were advised to turn off automatic download settings to mitigate the attack, but the security provider did not explain how it reached this conclusion. #CertiKInsight ⚠️We discovered a high-risk vulnerability in the wild.Check your Telegram configuration to increase security!👇👇👇👇👇A possible RCE has been detected in Telegram media processing in the Telegram Desktop application.This issue exposes…