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Solana: How successful is the High Speed Blockchain today?While the SAGA smartphone and the Google cloud partnership are pleasing minds, the bear market, network failures and relations with FTX are dampening the track record. A status report on Solana's ups and downs. In 2017, Anatoly Yakovenko addressed the question of how blockchains become faster. The future CEO wrote his answer to this question in the Solana whitepaper, in which transactions must be time-stamped in order to process them independently of blocks. Today, seven years later, an entire

Solana: How successful is the High Speed Blockchain today?

While the SAGA smartphone and the Google cloud partnership are pleasing minds, the bear market, network failures and relations with FTX are dampening the track record. A status report on Solana's ups and downs.

In 2017, Anatoly Yakovenko addressed the question of how blockchains become faster. The future CEO wrote his answer to this question in the Solana whitepaper, in which transactions must be time-stamped in order to process them independently of blocks. Today, seven years later, an entire
Tether Extends Lead in Stablecoin RaceThe USDT stablecoin continues to expand its dominance of the crypto market. With a new all-time high, Tether stands out from the competition. The market capitalisation of Tether (USDT) is at a new all-time high, according to data from Coingecko. At just over $83 billion, the stablecoin is conquering the entire crypto market, leaving the competition by the wayside. USDT thus developed against the trend. The market dominance of the stablecoin is currently at 66 percent, compared to 47 percent las

Tether Extends Lead in Stablecoin Race

The USDT stablecoin continues to expand its dominance of the crypto market. With a new all-time high, Tether stands out from the competition.

The market capitalisation of Tether (USDT) is at a new all-time high, according to data from Coingecko. At just over $83 billion, the stablecoin is conquering the entire crypto market, leaving the competition by the wayside. USDT thus developed against the trend. The market dominance of the stablecoin is currently at 66 percent, compared to 47 percent las
Pepe: Memecoin's downward slide continuesThe price of the BRC-20 Memecoin project Pepe tops the list of daily losers with a 10 percent drop. With a 9 percent price drop, the BRC-20 Memecoin Pepe (PEPE) is one of the biggest losers among the top 100 altcoins this week. Since the formation of its all-time high on 5 May 2023, the PEPE price has corrected by 72 percent. In the previous month, the project with the cartoon frog emblem had risen rapidly in value and even reached a market capitalisation of around one billion US dollars for

Pepe: Memecoin's downward slide continues

The price of the BRC-20 Memecoin project Pepe tops the list of daily losers with a 10 percent drop.

With a 9 percent price drop, the BRC-20 Memecoin Pepe (PEPE) is one of the biggest losers among the top 100 altcoins this week. Since the formation of its all-time high on 5 May 2023, the PEPE price has corrected by 72 percent.

In the previous month, the project with the cartoon frog emblem had risen rapidly in value and even reached a market capitalisation of around one billion US dollars for
333 million US dollar fraud: South Korea busts crypto-crime ringA multi-level pyramid scheme with up to 16 per cent interest per day: South Korea smashes a multi-million crypto fraud ring. The larger fraud operation was carried out by two perpetrators between 2020 and 2021. They sold "digital fashion" on an online P2P marketplace. This included "virtual" clothes as well as traditional Korean and Japanese clothes, including hanbok and kimono pieces. The platform also included its own cryptocurrency. In the process, the fraudsters collected 333 million US do

333 million US dollar fraud: South Korea busts crypto-crime ring

A multi-level pyramid scheme with up to 16 per cent interest per day: South Korea smashes a multi-million crypto fraud ring.

The larger fraud operation was carried out by two perpetrators between 2020 and 2021. They sold "digital fashion" on an online P2P marketplace. This included "virtual" clothes as well as traditional Korean and Japanese clothes, including hanbok and kimono pieces. The platform also included its own cryptocurrency.

In the process, the fraudsters collected 333 million US do
Crypto regulation: Where is Germany heading? Bitcoin has a hard time in the Bundestag. Why the FDP's blockchain policy spokesman is nevertheless fighting for crypto. And he's also prepared to take flak for it. FDP MP Frank Schäffler is enthusiastic about Bitcoin. No coincidence: The liberal is a follower of the Austrian school. Their credo: a separation between state and money is necessary. Bitcoin is a manifestation of this idea. In the Experts podcast, the politician talks about the topic in all its facets, from regulatory efforts and p

Crypto regulation: Where is Germany heading?

Bitcoin has a hard time in the Bundestag. Why the FDP's blockchain policy spokesman is nevertheless fighting for crypto. And he's also prepared to take flak for it.

FDP MP Frank Schäffler is enthusiastic about Bitcoin. No coincidence: The liberal is a follower of the Austrian school. Their credo: a separation between state and money is necessary. Bitcoin is a manifestation of this idea. In the Experts podcast, the politician talks about the topic in all its facets, from regulatory efforts and p
What Japan has to do with XDC's share price growth?While the heavyweights on the crypto market hardly move, one network clearly stands out: XDC. The EVM protocol is conquering the Japanese markets. Within the last 24 hours, the price of XDC Network (XDC) has skyrocketed by almost 30 percent. At the time of writing, the cryptocurrency is trading at 0.039 US dollars. One potential reason for the explosive growth: expansion into the Japanese market. Through a partnership with crypto exchange SBI, the EVM protocol is looking to expand its presen

What Japan has to do with XDC's share price growth?

While the heavyweights on the crypto market hardly move, one network clearly stands out: XDC. The EVM protocol is conquering the Japanese markets.

Within the last 24 hours, the price of XDC Network (XDC) has skyrocketed by almost 30 percent. At the time of writing, the cryptocurrency is trading at 0.039 US dollars. One potential reason for the explosive growth: expansion into the Japanese market.

Through a partnership with crypto exchange SBI, the EVM protocol is looking to expand its presen
EU Parliament and Member States sign MiCAThe ink is dry. Representatives of the EU Parliament and Council sign the final draft of the MiCA regulation. It is not far now until it comes into force. The European Union is taking another milestone on the road to its own crypto regulation. Representatives of the EU Parliament and the EU Council signed the final draft of the "Markets in Crypto Assets" (MiCA for short) yesterday evening. With the signing of the paper, it is now not far until the regulations for the economic zone come into for

EU Parliament and Member States sign MiCA

The ink is dry. Representatives of the EU Parliament and Council sign the final draft of the MiCA regulation. It is not far now until it comes into force.

The European Union is taking another milestone on the road to its own crypto regulation. Representatives of the EU Parliament and the EU Council signed the final draft of the "Markets in Crypto Assets" (MiCA for short) yesterday evening. With the signing of the paper, it is now not far until the regulations for the economic zone come into for
Missing "Bitcoin millionaire" found deadA gunshot wound, bitcoin millions and a dubious crypto project. The police have found the body of the missing Onfocoin founder. As reported by the Associated Press news agency, police found the body of Onfocoin founder Dr John Forsyth, 30 May, more than a week after he went missing. On 21 May, relatives reported the emergency doctor missing after he failed to show up for his shift at Mercy Hospital in Cassville, Missouri. His family posted an appeal for information on social media shortly aft

Missing "Bitcoin millionaire" found dead

A gunshot wound, bitcoin millions and a dubious crypto project. The police have found the body of the missing Onfocoin founder.

As reported by the Associated Press news agency, police found the body of Onfocoin founder Dr John Forsyth, 30 May, more than a week after he went missing. On 21 May, relatives reported the emergency doctor missing after he failed to show up for his shift at Mercy Hospital in Cassville, Missouri.

His family posted an appeal for information on social media shortly aft
Litecoin halving is coming up: What will happen to the price?The price of Litecoin (LTC) is one of the top performers on the crypto market 61 days before the much-anticipated halving date. The cryptocurrency Litecoin (LTC), also known as digital silver, continues to trade within striking distance of its highs for the year. One reason is the approaching halving date of the proof-of-work (POW) altcoin. In just over two months, the block reward on the Litecoin blockchain will be halved to 6.25 LTC. In addition, Litecoin is benefiting from the hype around

Litecoin halving is coming up: What will happen to the price?

The price of Litecoin (LTC) is one of the top performers on the crypto market 61 days before the much-anticipated halving date.

The cryptocurrency Litecoin (LTC), also known as digital silver, continues to trade within striking distance of its highs for the year. One reason is the approaching halving date of the proof-of-work (POW) altcoin. In just over two months, the block reward on the Litecoin blockchain will be halved to 6.25 LTC.

In addition, Litecoin is benefiting from the hype around
New hope for crypto interoperabilityThousands of blockchains, thousands of dApps - the crypto sector is becoming increasingly fragmented. How Chain Abstraction provides a remedy for the usability that suffers from this. The quest for scalability is breaking the crypto sector into smaller and smaller pieces. In addition to new sidechains and layer 2 networks, some projects are now developing blockchains that are designed solely for one application. Because of this fragmentation, there could be millions of blockchains in the future

New hope for crypto interoperability

Thousands of blockchains, thousands of dApps - the crypto sector is becoming increasingly fragmented. How Chain Abstraction provides a remedy for the usability that suffers from this.

The quest for scalability is breaking the crypto sector into smaller and smaller pieces. In addition to new sidechains and layer 2 networks, some projects are now developing blockchains that are designed solely for one application. Because of this fragmentation, there could be millions of blockchains in the future
10 million ordinals on the Bitcoin blockchainOverpriced transactions, overcrowded blocks, congestion in the mempool: Bitcoin Ordinals are the subject of heated debate. Rightly so? Ordinals - no topic is more controversial in the Bitcoin bubble. The hype around NFTs and BRC-20 tokens took the network by surprise: transactions reached records, blocks were crowded, fees rose. A chain reaction, as already seen on Ethereum during the NFT boom in 2021. But the trend around the "blockchain inscriptions" also shows its bright side: Miners are mak

10 million ordinals on the Bitcoin blockchain

Overpriced transactions, overcrowded blocks, congestion in the mempool: Bitcoin Ordinals are the subject of heated debate. Rightly so?

Ordinals - no topic is more controversial in the Bitcoin bubble. The hype around NFTs and BRC-20 tokens took the network by surprise: transactions reached records, blocks were crowded, fees rose. A chain reaction, as already seen on Ethereum during the NFT boom in 2021. But the trend around the "blockchain inscriptions" also shows its bright side: Miners are mak
Ripple (XRP): Will the final price breakout finally succeed?The price of Ripple (XRP) has shown its bullish side again in recent days and is rising in value by double digits. After a price consolidation in the first half of May, the price of Ripple (XRP) is currently making a run towards its high for the year. In addition to a positive news situation, due among other things to the publication of the Hinman protocols and a mysterious footnote in a legal document, the chart is also looking increasingly bullish. The latest attempt to break out above the re

Ripple (XRP): Will the final price breakout finally succeed?

The price of Ripple (XRP) has shown its bullish side again in recent days and is rising in value by double digits.

After a price consolidation in the first half of May, the price of Ripple (XRP) is currently making a run towards its high for the year. In addition to a positive news situation, due among other things to the publication of the Hinman protocols and a mysterious footnote in a legal document, the chart is also looking increasingly bullish. The latest attempt to break out above the re
Bitcoin vs. gold and silver: How the cryptocurrency is doingThe first half of the year is almost over and gold and silver are doing increasingly well. But one asset is outperforming the growth in the commodity market: Bitcoin. As data from the Week On-chain Report shows, global market liquidity has been experiencing an upswing since October 2022. Digital asset prices and precious metals prices have become increasingly positively correlated since then. After a strong first quarter, both asset classes are currently experiencing their second upward correct

Bitcoin vs. gold and silver: How the cryptocurrency is doing

The first half of the year is almost over and gold and silver are doing increasingly well. But one asset is outperforming the growth in the commodity market: Bitcoin.

As data from the Week On-chain Report shows, global market liquidity has been experiencing an upswing since October 2022. Digital asset prices and precious metals prices have become increasingly positively correlated since then. After a strong first quarter, both asset classes are currently experiencing their second upward correct
Ripple: Network reaches peak in address activitySomething is happening with Ripple. Not only has the price increased in the past few days, but network activity has also reached top levels recently. Address activity on the Ripple network has peaked for two consecutive days. This is shown by data from the blockchain analysis platform Santiment. According to Santiment, the blockchain has only managed a higher value once before, on 18 March 2023. According to the data, the network recorded 490,000 active addresses on 28 May. One day later, the

Ripple: Network reaches peak in address activity

Something is happening with Ripple. Not only has the price increased in the past few days, but network activity has also reached top levels recently.

Address activity on the Ripple network has peaked for two consecutive days. This is shown by data from the blockchain analysis platform Santiment.

According to Santiment, the blockchain has only managed a higher value once before, on 18 March 2023.

According to the data, the network recorded 490,000 active addresses on 28 May. One day later, the
Police bust fake crypto exchangeA 23-year-old persuades residents in the Kazakh city of Almaty to deposit money into his "crypto exchange". But when they want to make a withdrawal, there is no trace of the money. Police in Kazakhstan have reportedly shut down a suspected fraudulent crypto trading platform and arrested a man in connection with it. The suspected mastermind is a man from Almaty born in 1999, according to police. Police said the arrested man is “suspected” of deceiving residents in the city by running a fake cr

Police bust fake crypto exchange

A 23-year-old persuades residents in the Kazakh city of Almaty to deposit money into his "crypto exchange". But when they want to make a withdrawal, there is no trace of the money.

Police in Kazakhstan have reportedly shut down a suspected fraudulent crypto trading platform and arrested a man in connection with it.

The suspected mastermind is a man from Almaty born in 1999, according to police.

Police said the arrested man is “suspected” of deceiving residents in the city by running a fake cr
Where does the Bitcoin price go from here?After months of strong performance, Bitcoin made its first crash landing of the year in May. For the first time, the cryptocurrency closed with a negative monthly performance. So far, Bitcoin investors have seen a satisfactory 2023. Since the beginning of the year, the price of the No. 1 cryptocurrency grew from 16,540 US dollars (USD) to as high as 30,486 USD. BTC printed this annual high on the price chart on 14 April. Bitcoin price since the beginning of the year Most recently, however, Bi

Where does the Bitcoin price go from here?

After months of strong performance, Bitcoin made its first crash landing of the year in May. For the first time, the cryptocurrency closed with a negative monthly performance.

So far, Bitcoin investors have seen a satisfactory 2023. Since the beginning of the year, the price of the No. 1 cryptocurrency grew from 16,540 US dollars (USD) to as high as 30,486 USD. BTC printed this annual high on the price chart on 14 April.

Bitcoin price since the beginning of the year

Most recently, however, Bi
Blocktrace develops AI chatbot for bitcoin analysisBlocktrace is developing an AI chatbot to track bitcoin transactions. The artificial intelligence supports natural language queries. Blocktrace is developing an AI chatbot for on-chain analysis of the Bitcoin blockchain. The U.S. startup hopes that artificial intelligence will simplify and speed up the process of blockchain analysis. The company christened the AI “Robby the Robot.” A reference to the science fiction classic “Forbidden Planet.” The chatbot is able to process questions in natur

Blocktrace develops AI chatbot for bitcoin analysis

Blocktrace is developing an AI chatbot to track bitcoin transactions. The artificial intelligence supports natural language queries.

Blocktrace is developing an AI chatbot for on-chain analysis of the Bitcoin blockchain.

The U.S. startup hopes that artificial intelligence will simplify and speed up the process of blockchain analysis.

The company christened the AI “Robby the Robot.” A reference to the science fiction classic “Forbidden Planet.” The chatbot is able to process questions in natur
Safemoon hacked worth nearly US $9 millionThe Safemoon liquidity pool was robbed of tokens worth nearly US$9 million after attackers manipulated a faulty feature in the smart contracts. March 28, an exploit occurred in Safemoon’s liquidity pool (LP). The hack resulted in a total loss of about $8.9 million. Blockchain data shows that the attackers exchanged multiple tokens in a single transaction, eventually capturing billions of Safemoon’s SFM tokens. “We would like to inform you that our liquidity pool has been compromised. We are t

Safemoon hacked worth nearly US $9 million

The Safemoon liquidity pool was robbed of tokens worth nearly US$9 million after attackers manipulated a faulty feature in the smart contracts.

March 28, an exploit occurred in Safemoon’s liquidity pool (LP). The hack resulted in a total loss of about $8.9 million.

Blockchain data shows that the attackers exchanged multiple tokens in a single transaction, eventually capturing billions of Safemoon’s SFM tokens.

“We would like to inform you that our liquidity pool has been compromised. We are t
These were the most important topics of the Crypto Asset Conference in FrankfurtOn March 29 and 30, the Crypto Asset Conference (CAC) made its way to Frankfurt am Main. With over 80 speakers and thousands of attendees, it is considered one of the leading digital asset conferences in Europe. BTC-ECHO was on site. The crypto sector is characterized by constant change. Because: The development of Bitcoin, Ethereum and Co. rarely stands still. New trends are constantly emerging as part of this technological revolution. In parallel, the areas of application of the blockchain ar

These were the most important topics of the Crypto Asset Conference in Frankfurt

On March 29 and 30, the Crypto Asset Conference (CAC) made its way to Frankfurt am Main. With over 80 speakers and thousands of attendees, it is considered one of the leading digital asset conferences in Europe. BTC-ECHO was on site.

The crypto sector is characterized by constant change. Because: The development of Bitcoin, Ethereum and Co. rarely stands still. New trends are constantly emerging as part of this technological revolution. In parallel, the areas of application of the blockchain ar
Kaspa (KAS): Significant share price gains put it in the top 100The price of the new layer-1 blockchain Kaspa (KAS) is currently showing its bullish side, rising 17 percent in value. Community-focused decentralized layer-1 blockchain Kaspa (KAS) has successfully bucked the consolidation in the crypto market in recent weeks. In the last seven trading days, the KAS share price increased in value by 30 percent. In the last 24 hours, Kaspa also rose by 17 percent towards the north despite the price setback of Bitcoin (BTC). As a result, the fully scalable eco

Kaspa (KAS): Significant share price gains put it in the top 100

The price of the new layer-1 blockchain Kaspa (KAS) is currently showing its bullish side, rising 17 percent in value.

Community-focused decentralized layer-1 blockchain Kaspa (KAS) has successfully bucked the consolidation in the crypto market in recent weeks.

In the last seven trading days, the KAS share price increased in value by 30 percent. In the last 24 hours, Kaspa also rose by 17 percent towards the north despite the price setback of Bitcoin (BTC).

As a result, the fully scalable eco
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