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Qredo Partners With Sweat Economy to Extend Its Custodial Services to SWEAT Users

Qredo Partners With Sweat Economy to Extend Its Custodial Services to SWEAT Users

Decentralized digital asset management platform, Qredo has announced today that it has entered a custody partnership with Sweat Economy on Sweat Wallet, a move-to-earn platform that focuses on health and fitness. Sweat Economy is a growing decentralized protocol that seeks to promote healthier living by encouraging people to move more. The platform allows users to […]

Crypto News

Solana Clears 100 Billion Transaction Count As NFTs Gain Prominence

The Solana network had been one of the winners of 2021 after gaining widespread popularity among crypto users. Its incredibly fast transaction times had been one of the pulls, as well as the ability for developers to create decentralized applications (DApps) on the network. Since the beginning of 2022, the network has been racing toward an important milestone, which it has now successfully broken through.  Solana Surpasses 100 Billion Transactions Solana’s transaction count had been ramping up over the last couple of months. In just 2 years, it has become one of the most used blockchains in the space. Solana had taken the decentralized finance (DeFi) and non-fungible tokens (NFTs) space by storm, now commanding the second-largest market share of the NFT space of any blockchain. Related Reading: Why Investing In Terra Classic (LUNC) May Be A Bad Idea Last week, the network made it past the 100 billion transaction mark. Interestingly, the network is still in Beta testing, and it has grown so much. It had been able to grow above the delay transaction count of its largest competitor Ethereum after it clocked more than 40 million daily transactions.  SOL price trending at $35 | Source: SOLUSD on TradingView.com Solana continues to maintain its high transaction processing even with the massive growth it has experienced. At the time of this writing, the transactions per second (TPS) in the last 30 minutes were averaging around 3,000 TPS, according to data from Solana Explorer. SOL NFTs Rival Ethereum Ethereum NFTs had been the dominant tokens in the market and, understandably, remain so, even at this time. However, there have been numerous developments in the Solana NFT ecosystem that shows that the network is gearing up to rival Ethereum in this regard. One of the most recent NFT launches on the Solana blockchain, the y00ts NFT collection, is now billed as the “most hyped” NFT launch in history. It came from a critically acclaimed team behind the Dead Gods NFT collection. It sparked renewed interest in SOL NFTs, which helped to push the floor price higher. Related Reading: Staked ETH Nears 14 Million As Ethereum Readies For Breakout On Monday, Sentiment reported that SOL NFT sales had crossed 1.65 million. Solana NFT ecosystem Metaplex had also reported a significant uptick in the number of NFTs that are being minted on the platform over the month of September.  However, it is hard to predict how long this growth trend will last, given that interest in the NFT space, in general, is down. The number of new addresses that are using NFTs since its peak in mid-September is down more than 60%, from 30k to 8k. Featured image from The Market Periodical, charts from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

Altcoins Analysis Bitcoin Blockchain

Okse CEO Tobias Graf Reveals More Information About Company’s Crypto Visa Card

Okse CEO Tobias Graf Reveals More Information About Company’s Crypto Visa Card

Tobias Graf, CEO of Okse, has provided additional details regarding the business’s cryptocurrency Visa card. The creator of Okse has discussed his idea of a decentralized future where crypto and fiat are interchangeable without any issues. Graf established Okse to enable financial independence for millions of people. Dynamic co-founder and CMO Motaz (Eljaboom) and dependable […]

Altcoins

Prosecutors Say Embattled Terra (LUNA) Founder Do Kwon Now on Interpol Red Notice: Report

The international policing organization Interpol is officially requesting that law enforcement worldwide help locate and arrest the embattled Terra (LUNA) founder Do Kwon, according to a new report. Bloomberg notes that South Korean prosecutors in Seoul confirmed Interpol has placed a “red notice” on Kwon. The prosecutors requested the action earlier this month after claiming […]

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Australian Central Bank Details Active CBDC Pilot Project In Telling Whitepaper

Australians are already testing a CBDC. Surprising no one, considering the authoritarian way that the government handled the lockdowns. The jury is still out on Central Bank Digital Currencies, while some authorities see them as problematic and prone to abuse, others are running a pilot program. The Reserve Bank of Australia, the country’s Central Bank, […]

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Crypto Spending In Australia Surged By 10%, Concludes Swyftx’s Survey

Aussie top crypto exchange Swyftx, which boasts over 600,000 users across Australia and Newzealand, conducted its annual survey for September 2022. Interestingly, the results reveal that Australian females make more crypto profits than Australian men.  Despite the market’s high volatility and downtrends, 72% of crypto users have reported profits on their investments. Furthermore, the average […]

Altcoins Analysis Bitcoin Blockchain

Big Eyes (BIG) to Familiarize Crypto Enthusiasts with Established Platforms, Including Solana (SOL) and FTX(FTT), and also Protect the Oceans

Big Eyes to Triumph Over Ethereum and Solana By Raising $1M in Beta Sale: On Track for $50M

Undoubtedly, the cryptocurrency space has become a part of every sector in the world, from finances to entertainment. Especially the financial system has witnessed a revolution, thanks to decentralised platforms like Solana (SOL) and FTX (FTT). These platforms have superb features that can only be understood with a meme coin like Big Eyes (BIG). Big […]

Altcoins Blockchain

USDT Issuer Tether Announces Launch of Top Stablecoin on Polkadot (DOT) Blockchain

The issuer of the largest stablecoin by market cap is announcing the launch of the dollar-pegged crypto asset on Ethereum (ETH) challenger Polkadot (DOT). In a new company blog post, USDT issuer Tether says the top stablecoin is now available on the Polkadot blockchain as a means of increasing its presence in decentralized ecosystems. According […]

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