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Source: Depositphotos Layer 1 blockchain Supra has unveiled its latest developer product with the promise of shaking up the dApp landscape. Supra Containers operate as modules that guarantee exclusive block space to specific dApps – signaling an end to onchain congestion and scaling issues. Dedicated Space for Hungry Dapps Popular decentralized applications (dApps) consume significant onchain resources such as storage and compute. This can come at a high cost to developers, who are burdened with subsidizing these costs or passing…

The post Kalshi Wins Big As Judge Overrules CFTC, But Agency Seeks 14-Day Block appeared first on Coinpedia Fintech News Kalshi, a platform offering futures contracts on real-world events, has scored a legal win in its ongoing battle with the U.S. Commodity Futures Trading Commission (CFTC) that blocked its plans to offer election betting contracts. This ruling opens the door for Americans to place bets on the outcome of the upcoming Congressional elections, despite the CFTC’s claims of illegal gambling.…

The post Crypto Analyst ZachXBT Criticizes Subpar Block Explorers on Layer-1 Chains appeared first on Coinpedia Fintech News Several blockchains have seen the criticism of crypto analyst, ZachXBT urging layer-1 block explorers to improve. On Sept 5, ZachXBT classified Bitcoin’s Blockchain and Mempool as “good” but categorized Ethereum’s and Solana explorers as “okay. ” Cosmos, Hedera, and Aptos fall into the ‘bottom tier’ due to subpar tracking performance. ZachXBT denied the plan of creating a multi-chain explorer level for the…

The post Dogecoin (DOGE) Investors Embrace New Kids on The Block Mpeppe For Their Exceptional Gains appeared first on Coinpedia Fintech News Dogecoin (DOGE) has long been a beloved staple in the cryptocurrency world, known for its strong community and meme-driven appeal. However, as the market continues to evolve, many Dogecoin (DOGE) investors are now setting their sights on new opportunities that offer even greater potential for returns. One such opportunity is Mpeppe (MPEPE), a rising memecoin that has quickly…

The post HSBC Australia To Block All Customer Payments to Crypto Exchanges appeared first on Coinpedia Fintech News HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia aims to protect its customers by implementing this payment blockade and plans to further enhance security measures to safeguard against…

Brussels, Belgium, July 10th, 2024, Chainwire SKALE is enhancing scalability and efficiency for over 10 million monthly active users, solidifying its position as one of the world’s most efficient blockchains. SKALE, the gas-less EVM-compatible modular blockchain network, today launched the Pacifica V3 upgrade which accelerates block mining speed by 108% and increases transaction throughput by 122%. Leveraging its unique modular AppChain architecture, this upgrade brings significant advancements to SKALE Network's capabilities, including improved transaction speed and predictability, enhanced network performance,…

Polkadot-based gaming protocol Ajuna Network has introduced its asynchronous backing engine. This upgrade is set to boost the protocol’s speed time and user experience. Ajuna Network, a decentralized gaming platform built on Polkadot’s parachain, recently implemented asynchronous backing, slashing its block time in half. This development translates to improved User experience (UX) for gamers on the platform. Ajuna Network Comes To Speed Previously, Ajuna’s block time sat at 12 seconds. However, with asynchronous backing, that number has been cut down…

On-chain data suggests Litecoin potentially has a major amount of resistance waiting just ahead, making a recovery more difficult for LTC’s price. Litecoin Has A Large Supply Wall Waiting At Levels Just Ahead As pointed out by X user Trader Kamikaze using data from the market intelligence platform IntoTheBlock, a large amount of LTC investors bought at levels that are coming ahead. Below is the IntoTheBlock chart that shows the distribution of LTC addresses based on the price at which…

The winds of change are blowing through the crypto mining industry. The highly anticipated halving event in April 2024, which sliced block rewards in half, has sent shockwaves through the ecosystem. Daily revenue for miners has plummeted by over 70% since the halving, forcing them to scramble for new avenues to secure their bottom line. Enter Artificial Intelligence (AI). Buoyed by the success of projects like OpenAI’s ChatGPT, AI computing is experiencing a surge in demand. This, coupled with potentially…