LBank Exchange, a global digital asset trading platform, will list Woonkly Power (WOOP) on January 17, 2022. For all users of LBank Exchange, the WOOP/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 17, 2022. NFT (Non-Fungible Token) market has become one of the most successful markets in the crypto […]

Solana is one of the crypto giants contributing $47 billion to the crypto market. The currency came into existence in 2020 and has been on an upward spiral ever since. Bank of America states that Solana could shortly become the ‘visa of crypto. Coin Telegraph reports that Bank of America will acquire Ethereum’s market profit

The post Solana Could Become The ‘Visa Of Crypto,’ Bank Of America Strategist Says appeared first on CoinGape.

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China plans to have an NFT industry; it just won’t be connected in any way to cryptocurrencies.

Clothing retailer giant Gap has joined the league of Non-Fungible Tokens by launching its gamified NFT collection on Tezos.

The post Clothing retailer Gap launches its first gamified NFTs on Tezos appeared first on CryptoSlate.

Major US Bank, Bank of America (BoA) compared Solana blockchain to the world’s largest credit card network, Visa. In a research note published Tuesday, BoA research analyst, Alkesh Shah expressed optimism for the top smart contract platform over its ‘scalability, low transaction fees, and ease of use,’ going ahead to add: “Solana could become the Visa of the digital asset ecosystem.” Shah believes Solana even has the potential to take over Ethereum by distinguishing itself through ‘user adoption and developer interest.’ Ethereum, meanwhile, could become the blockchain for ‘high-value transactions and identity, storage and supply chain use cases,’ while Solana grows itself as a settlement layer. Since its launch in 2020, Solana has settled over 50 billion transactions, has more than $11 billion in total value locked, and has been used to mint over 5 million non-fungible tokens (NFTs). Visa, on the other hand, processed 164.7 billion transactions on Sept. 30, 2021. When comparing the transactions per second (TPS) on blockchain networks to those performed on credit card networks, Visa can theoretically handle at least 24,000 TPS but averages around 1,700 while the TPS for Ethereum stands at 15. In comparison, Solana overtakes both Ethereum and Visa with a theoretical limit of 65,000 TPS. Bank of America further stated that Solana and other alternative blockchains could even grab the market share from Ethereum over time. Currently, Ethereum has a market cap of $402 billion, which is more than eight times greater than Solana’s market cap. According to CoinMarketCap, SOL is currently the fifth-largest cryptocurrency with a market capitalization of $47 billion.

The post Solana Could Become the Visa of Crypto World, Claims Bank of America appeared first on Cryptoknowmics-Crypto News and Media Platform.

At 1:00 p.m. UTC on Thursday (Janaury 13), a new LAND sale is launching around “Mega City”, which is a new neighbourhood in Ethereum-powered metaverse “The Sandbox”. What Is The Sandbox? The Sandbox is a subsidiary of Animoca Brands. Animoca Brands, which was founded in January 2014 by Yat Siu and David Kim, and its various […]

Crypto Funds Outperformed Traditional Hedge Funds in 2021 | Coinbase to Launch Derivatives Trading After New Acquisition | Solana Could ‘Become the Visa’ of Crypto: BoA

UWIM makes token creation open for end-issuers with no extra development and audits. UWIM’s product mechanics utilize lots of token ...

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Certik says the centralization of operational models cited is one of the major faults amongst protocols that suffered mishaps, causing at least $1.3 billion loss to users last year. (Read More)

The Code of Conduct also reminds the community to “ask for help when unsure.”

The post Axie Infinity Code of Conduct is now Live, Patch Update Features Visual Changes appeared first on BitPinas.