Record Activity: Polygon Processes More Than 6 million Transactions, Causing Gas Rates to Increase

The Polygon network saw a record increase in daily transactions, going from 2.89 million to 6.1 million in just 24 hours. Gas fees on Polygon skyrocketed, with transaction costs rising to over 7,000 Gwei before settling at around 400 Gwei, but remaining below Ethereum fees. The Polygon network, a major Ethereum sidechain, has witnessed a […]

Continue Reading

Crypto Updates: DOT Shows Strong Bullish Momentum – Reasons Behind Polygon’s Massive Increase in Daily Transactions

DOT was trading just below the $5.5 level, but another push to the upside could be expected. The quick recovery after the drop to $5 was an encouraging factor for buyers. Polygon has reached a new high in daily transaction count, due to the activity around the Ordinals-inspired token standard on the network. Polkadot [DOT] […]

Continue Reading

Vivek Ramaswamy Unveils Innovative “The Three Freedoms of Crypto” Policy Framework

Non-mainstream politician and 2024 presidential candidate Vivek Ramaswamy has announced his new cryptocurrency policy to free American innovators from the administrative state that persecutes and hinders such innovation. Fifteen years ago, American taxpayers were forced to bail out the big banks, brokering an arranged marriage between big banks and big government that has poisoned the […]

Continue Reading

Crypto Exploits Derived from Infrastructure Vulnerabilities, According to ImmuneFi

Infrastructure plays a critical role in crypto hacks and accounted for 46.5% of monetary attacks in 2022, according to ImmuneFi, whose report highlights that infrastructure issues that lead to exploits are often due to poor key management. private. Failures in this area can be attributed to issues such as faulty smart contract design, logical flaws, […]

Continue Reading

Binance Prepares to Launch Cryptocurrency Exchange in Thailand

Binance joint venture Gulf Binance, in collaboration with Gulf Innova, received approval from Thailand’s SEC to launch an exchange. Licensed by the Ministry of Finance of Thailand, Gulf Binance will provide cryptocurrency and digital token exchange services. Binance played a key role in helping Thai authorities dismantle criminal networks, seizing assets worth more than $277 […]

Continue Reading