Is Solana a Decentralized Network? Recent Events Say Otherwise

Solana, a smart contract center, has been the talk of the crypto world for about a month now. Its value increased nearly 7 times between August and September, from merely $30 to over $200. Those excellent moves in the coin and network show that the blockchain is heading to greatness. Nonetheless, the cryptocurrency has seen its value plummet from the recent ATH to values below $150. Analysts are still discussing whether the crypto's price action signals a pump and dump…

Financial Firm Revolut is Paying WeWork Office Rent in Bitcoin

The fintech firm is the first WeWork member company to pay for its workspace in cryptocurrency. The financial technology firm is the largest of its kind in the UK. Also, the company gained $800 million in funding back in mid-2021. The new office will house about 300 employees, making it the organization’s most prominent office space. The cryptocurrency-infused financial tech company is preparing for expansion in the US. It was for this reason that it acquired the new area. Revolut Pays for Workspace in…

Tom Brady Shows Interest in Earning Part of His Salary in Cryptocurrency

Tom Brady, the Tampa Bay Buccaneers quarterback, said he's open to receiving part of his salary in Bitcoin, Ethereum, or Solana. During a SiriusXM podcast this week, Tom Brady said he would want to receive part of his salary in crypto. He disclosed the possibilities lie around BTC or ETH, or SOL. Brady's Reason for Choosing Cryptocurrency During the podcast, Brady stated that he thought cryptocurrency was a fantastic thing in the world. Especially with the way the world is evolving and becoming more…

PayPal App Brings a New Digital Payments Era to Its Customers

Today, President and CEO of PayPal Dan Schulman announced the release of a next-generation PayPal app. The PayPal CEO stated that the app would include digital payments to improve customer satisfaction. The New Features on the PayPal’s New App The PayPal CEO announced a new app that will help their customers to manage their finances better. This app has next-generation features such as a high yield savings account, in-app shopping tools, deals, and rewards. As per PayPal’s newsroom, their customers will have the…

The NFT Documentary Film of Hip-Hop Legend Tupac Set to Drop on Kalamint

Kalamint, a Tezos based marketplace, hopes to host a documentary series on Tupac Shakur. The series will drop before the end of 2021. Thus, fans of the legendary rapper can have a glimpse of Shakur’s life back in the day. Shakur’s Early Life on Blockchain Non-fungible tokens are becoming a good tool for artists and content creators. It gives creatives the chance to establish their work on a blockchain with full ownership rights. Tupac’s documentary projects to drop soon with the same NFT…

Crypto Market Spells Uncertainty as Analyst Believes SEC Will Approve BTC ETFs Soon

According to analysts from Santiment, there's fear and uncertainty among crypto enthusiasts. They noted that investors are somewhat skeptical about buying BTC in its recent dip status.  Moreover, the analysis showed high FUD levels, and HODLers and Traders hold fearful positions. Contrary to the norm, none of the latter or former is quite active in the buying bitcoin front. Why Not Buy the Dip? Analysts from Santiment mentioned how faint-hearted the 'buy the dip' crowd is during the recent BTC price…

Terrorist Financing Accrues Only 0.05% of All Illicit Crypto Transactions, Coinbase States

According to crypto exchange Coinbase, terrorist financing crypto transactions accounted for less than 1% of all activity in the crypto space last year. The world is keen on terrorist financing, especially through cryptocurrencies, as the Taliban group took over Afghanistan. Moreover, many believe the Taliban may consider crypto as a way to finance its operations. It could be due to the decentralization of cryptocurrencies that might pose a safe spot to conduct terrorist financing. Nevertheless, all illegal transactions carried in…

Staking on aelf may Bring You Dividends with an APY of 7,639%

aelf is one of the fastest developing blockchains in the crypto space. Recently, the team revised its bonus mechanism to better incentivize nodes to participate in the aelf ecosystem. The event exceeded all expectations, including the developers' outlook, after the staking APY reached 7,639%. Today, we take a closer look at the staking mechanism on aelf and how you can profit from it. How Does the aelf Vote Mechanism Work? aelf is an open-source blockchain that aims to support the…

Solana CEO Believes the Project Will Make Strides with Its Scalability Potential

The CEO and co-founder at Solana Labs, Anatoly Yakovenko, addressed how Solana has taken up crypto space. Anatoly shared some specifics about the project in an interview at the SALT conference 2021. Solana's Achieved improvements The CEO reported that the project's sole focus is on improving transactional speed to ensure scalability for its users. To achieve this, Yakovenko stated that Solana sought out a third-party host. He mentioned that SOL hit 200,000 transactions per second. The third-party validators ensure higher capacity for crypto…

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