Posts published on August 29, 2024 go to media archive 4/5

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features

The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees…

Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the…

Ethereum Falls Below $2,500: Analysts Eye Potential Rebound At These Levels

Amid Ethereum’s continuous free fall in price, renowned crypto analyst Michael Van De Poppe highlighted the asset’s current weakness in a post on X earlier today and when there could be a potential rebound. Van De Poppe’s outlook…

Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities

Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging…

TON-Based Memecoin DOGS Becomes Top 100 Largest Gainer With 30% Jump

Despite adverse market conditions, dogs (DOGS) saw a significant price jump in the last 24 hours. The token, launched on The Open Network (TON), saw a 34% surge amid the market volatility and the blockchain’s recent outage. Its performance…