Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Testnet
Join Morph’s Revolution with the Launch of Holesky Testnet
Morph, an Ethereum layer 2 leading a Consumer Blockchain revolution, has announced the launch of its latest advancement, its Holesky Testnet. This new development comes on the heels of their successful Morph Sepolia Testnet and introduces a highly anticipated platform that showcases significant improvements in blockchain infrastructure and application. Already known for its commitment to consumer-centric solutions, Morph stands as a unique player in the space by focusing on real-world utility over the often speculative nature of many blockchain applications.…
1 year ago
IOTA 2.0 Update: Testnet on the Horizon, Infrastructure Progresses
IOTAcore, the node software that runs the IOTA 2.0 protocol, is seemingly ready to be released on a testnet for the first time, one IOTA expert has revealed. IOTA 2.0 will take a bit longer, however, as the team wants everything up and running flawlessly, including the node protocol, NFTs, native assets, wallets, the SDK and more. The IOTA community is eagerly anticipating the launch of IOTA 2.0, which was promised to be this year, as Crypto News Flash reported.…
1 year ago
Griefing Attack on Bitcoin Testnet Generates Three Years’ Worth of Blocks in a Week
A griefing attack on the Bitcoin testnet recently caused a surge in network activity, resulting in the generation of over 165,000 blocks, equivalent to three years’ worth of blocks in just one week. The attacker, Jameson Lopp, co-founder and Chief Security Officer of Casa, publicly took credit for the incident, facing backlash from other Bitcoin developers. Lopp Defends Attack as ‘Trivial Exploit’ Speaking on the decentralized social media platform Nostr, Lopp described the attack as a “trivial exploit” requiring only…
1 year ago
Bitcoin Testnet Thrown into Chaos by Jameson Lopp’s $1 Griefing Experiment
Jameson Lopp, co-founder of self-custody solution Casa, recently made a bold move that stirred the Bitcoin community. Lopp conducted a “griefing attack” on one of Bitcoin’s testnets. The disruption caused significant difficulties for developers relying on the testnet’s stability to test new applications. The incident, which played out last week, saw the generation of over 165,000 blocks. This amount is approximately equivalent to three years of activity. Moreover, Lopp claimed that he executed his action with just 20 lines of…
1 year ago
Singapore-based Untrading Debuts Crypto Provenance Value Amplification (PVA) System on Testnet
Dubai, United Arab Emirates, April 22nd, 2024, Chainwire Singapore-founded DeFi platform, Untrading, has commenced their public testnet for top crypto trading pairs beginning April 2nd. Testnet centered around an innovative Provenance Value Amplification (PVA) System, designed to reward participants with a share of future appreciation in asset value, promoting long-term investment and value generation within the ecosystem.The platform is now available to the public to gather feedback, with NFT trading already live. Untrading, a DeFi trading platform, has announced the commencement…
1 year ago
Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down?
Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is A Big Problem Ethereum layer-2 solutions have been gaining prominence over the years. According to L2Beat data on April 17, these platforms control over $37 billion of assets. Protocol developers…
1 year ago
Certo Announces Launch of its Testnet: Pioneering the Future of p2p lending and Stablecoins
Zurich, Switzerland, April 16th, 2024, Chainwire Certo is excited to announce the official launch of its highly anticipated testnet, marking a significant milestone in the development of its groundbreaking p2p lending project. Designed to revolutionize digital transactions by offering unparalleled security, transparency, and stability of funds collateralized by Real-World Assets (RWAs), Certo's testnet is now open for community participation and feedback. Setting New Standards for Digital Currency The testnet phase is crucial for Certo, aiming to rigorously test the network's…
1 year ago
Tags
TestnetTags
TestnetMANTRA Chain Launches Hongbai Incentivized Testnet
Mantra Chain has launched its Hongbai Testnet as it looks to power Real-World Assets (RWAs). The Testnet is incentivized and it pays close attention to regulatory demands of RWA. MANTRA Chain, one of the leading players in decentralized finance (DeFi), has recently launched its Hongbai Incentivized Testnet which will see a seamless integration of the platform with traditional financial markets. Incentivized Testnet for Real-World Asset Integration MANTRA Marketing Lead, Christoph Lidman in a Press Release says the launch comes as…
1 year ago
0G Launches Newton Testnet of Ultra-Scalable Modular AI Blockchain
San Francisco, USA, April 9th, 2024, Chainwire 0G Labs is pleased to unveil the launch of the testnet for 0G, the modular ultra-high data throughput blockchain optimized for on-chain AI. The network is now available for node operators, developers and the community to join and provide feedback for an upcoming mainnet launch in Q3 2024. 0G, or ZeroGravity, is a modular blockchain that aims to alleviate the major pain points of using blockchain for AI, where data and execution requirements…
1 year ago