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Tag: Altcoins

An altcoin refers to any cryptocurrency that is not Bitcoin. It usually refers to a collection of cryptocurrencies and tokens.

$DYM Dymension crypto

Why is there so much hype around DYM?

DYM is the native token of Dymension, a blockchain platform that standardizes rollups with IBC. The launch of Dymension faced initial hiccups, with users reporting transaction processing issues for at least five hours. Despite these challenges, the price of DYM has seen a significant increase. The validator known as “Big Brain Staking” controls over 35% of staked DYM tokens, leading to scrutiny from DYM holders. What is a DYM...

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Solana Outage

Solana outage: the issues it raises

Solana network experienced a significant outage on February 6. The outage led to the liquidation of $2.07 million long positions. Solana’s price dipped from $96.3 to $94. Questions arise about the long-term stability of Solana. The Outage Today, February 6, the Solana network experienced a significant outage. The network’s block production came to a halt, and engineers across the ecosystem were left scrambling to investigate...

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Stellar XLM

Stellar (XLM)

What is Stellar? Stellar is a blockchain network developed by the Stellar Development Foundation. The organization’s currency, called the lumen (XLM), is traded under the symbol XLM on various cryptocurrency exchanges. Lumens are designed to be used on the Stellar network to pay transaction and account initialization fees. The network was created to connect banks, payment systems, and people to facilitate low-cost, cross-border,...

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Matic 2.0

MATIC 2.0 Token Migration: Polygon’s Latest Upgrade

Polygon has launched its latest upgrade, Polygon 2.0, which includes a migration from MATIC to POL tokens. The migration process will begin with Phase 0 of the protocol architecture upgrade, which will see the release of three Polygon Improvement Proposals (PIPs). The first set of upgrades is aimed at initiating the migration process from MATIC to POL tokens. The POL token will serve as the native token for Polygon’s Proof of Stake...

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Worldcoin orb eye scanner

Worldcoin: The Cryptocurrency Project Launched by OpenAI’s Founder

Worldcoin is a new cryptocurrency project founded by Sam Altman, CEO of OpenAI. The project aims to create a new global financial and identity network owned by everyone. Worldcoin uses eye-scanning technology to verify users’ identities and distinguish humans from AI online. The project has raised concerns about privacy, but the company insists that the technology respects users’ privacy. Worldcoin is an ambitious cryptocurrency...

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