3 possible reasons why Polkadot is playing second fiddle in the L1 race

2021 was a sort of “coming-of-age” for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many. Protocols like Fantom (FTM), Avalanche (AVAX) and Cosmos … Read more

Animoca Brands doubles valuation to $5B, OpenSea tops $3.5B in Jan volume, Microsoft eyes metaverse gaming: Hodler’s Digest, Jan 16-22

Coming every Saturday Hodler Digest It will help you keep track of every important news that happened this week. Best (and worst) quotes, top adoption and regulation, leading currencies, predictions and much more – a week on Cointelegraph in one link. This week’s top news NFT-focused Animoca Brands Value $5 Billion After $358 Million Increase … Read more

Decommissioned Power Plant in Armenia to Host Crypto Mining Farms – Mining Bitcoin News

Armenia will invite cryptocurrency miners to install their own minting machines at an old thermal power plant. TPP will be decommissioned and the government intends to lease it to industrial companies including mining companies. Miners welcome to set up data centers at Old TPP in Armenia The equipment at Hrazdan TPP was considered outdated and … Read more

Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says – Regulation Bitcoin News

A high-ranking member of the Russian Parliament suggested that Russia could legalize the mining of cryptocurrencies and gold-backed stablecoins under the control of the government. The statement comes after the Bank of Russia proposed a widespread ban on the use, trading and mining of cryptocurrencies. Duma deputy insists that mining and some stablecoins can be … Read more

The New Haven of Cardano “Venture Capitalists” – Sponsored Bitcoin News

sponsored by Crypto gains are not as good as they used to be. The long-awaited journey into a more mature crypto space has been accompanied by a marked slip in exponential returns that has excited both retail and institutional investors. In the current investment climate, more established tokens are becoming less volatile, and the returns … Read more

While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M – Featured Bitcoin News

After the big series of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the following month until January 21. , 2010, for the first time since it has been dormant for more than a decade. Block 93.276: First 2010 block moved in 2022 … Read more