Aurelia Butler

By taking transactions of the mainnet, these layer 2 solutions decongest the mainnet, provide much higher transaction throughput, and most notably, lower transaction fees. These advantages have seen them receive greater adoption in 2021.TVL in Ethereum L2 Solutions Hit ATHAs of January 1, only $48.2 million was locked in all Ethereum L2 solutions. However, as of November 21, the cumulative value locked in L2 solutions now stands at $6.13 billion – its highest ever.The new ATH for Ethereum L2 solutions comes amidst a 13.26% surge over the last 7 days.The total value locked (TVL) in Ethereum L2 as of November 21. Source: L2BeatThe new ATH of L2 solutions comes amidst increasing institutional inflow into these protocols. For example, in September, we reported $2 billion injected into Arbitrum.On The FlipsideTop L2 ContributorsArbitrum, an L2 solution that allows Ethereum users to settle their transactions away from the Ethereum mainnet, is the biggest contributor, with $2.67 billion or $43.5%.dYdX decentralized derivatives exchange is the second biggest L2 contributor with $975 million, while Boba Network is third with $863 million. Loopring L2 DEX is in fourth place with $580 million.Why You Should Care?L2 solutions are playing an essential role in the growth of the Ethereum network. This has been made evident by the development of L2 solutions.EMAIL NEWSLETTERJoin to get the flipside of cryptoUpgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.[contact-form-7]
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The crypto world continues to develop and provide the community with the best technology in today’s time. The Crypto.com network is one of the crypto platforms that never stops developing its platform to ensure the seamless experience of its users in the ecosystem.In detail, the Crypto.com exchange launched an OTC portal for institutional and VIP investors of the exchange. This feature of the exchange provides a large volume of traders to buy and sell trading pairs at a pre-approved price using the network’s back-end quoting engine. In addition, the quoting engine can provide a quote within seconds.Kris Marszalek, Co-Founder and CEO of Crypto.com explained:Meanwhile, this feature that the CRO network launches can only be accessed by selected institutional investors and VIP clients. The access for all institutional and VIP will be opened soon.On the other hand, Crypto.com remains one of the most talked about digital assets in the crypto world. Recently, the network bought the naming rights of the Staple Center in Los Angeles City in California. This event gives CRO a 20-year naming rights agreement over the stadium. At the time of writing, CRO trades at a bullish price of $.67 per crypto with a market capitalization of over $17 billion.Continue reading on CoinQuora More

Viker has already launched three Bitcoin games leveraging ZEBEDEE’s high-speed payments technology including Wheel of Trivia, Wheel of Crypto, and Balls King, available for Android and iOS devices. The studio plans to launch two more Bitcoin-powered games before the end of the year and continue its expansion into Bitcoin gaming with even more titles in 2022.”Our goal is to bring blockchain gaming to the masses. If you’ve got a finger and a phone, you can play2earn with Viker games. ZEBEDEE is perfect for that, because it’s a simple and intuitive entry path into the world of crypto,”
said Dan Beasley, co-founder of Viker.”We also love their focus on Bitcoin, since it’s the most widely accepted and trustworthy cryptocurrency that everyone in the world can use.”
Viker is already seeing the massive upside of integrating ZEBEDEE’s Bitcoin tech, with increases in return on advertising spend (ROAS) by upwards of 40 percent in their games integrating ZEBEDEE-powered Bitcoin rewards. Its Bitcoin gaming titles have also shown improvement across all core retention metrics, including session length, play time, and churn rate.”Blockchain gaming can be overwhelming for the average person to jump into,”
said Simon Cowell, CEO of ZEBEDEE.”We’re bypassing the hard part for gamers and setting them up with everything they need to enter the world of Bitcoin by enjoying their favorite pastime—and we’re making games more fun and exciting with rewards that have real value. At this part of our journey, Viker is the perfect partner, because they create accessible games that anyone can understand, love and now earn Bitcoin with. We’ve put in a lot of effort to make our tools simple to use and are excited to be working with a studio that understands this intuitive aspect is essential for bringing Bitcoin to the masses.”
ZEBEDEE has seen rapid growth in demand for Bitcoin gaming this year, with sustained 30 percent month-over-month growth of both new users and transactions on their platform. Viker’s ZEBEDEE-powered games have quickly gained popularity globally, especially in emerging economies including India, Brazil and the Philippines, where the ubiquity of smartphones and the opportunity to earn Bitcoin have clearly struck a chord. With the number of gamers worldwide approaching 3 billion, the future looks bright both for ZEBEDEE and Bitcoin’s ascent as the native currency of gaming and the internet. And it’s partnerships like the one with Viker that are turning this massive potential into reality.Information provided by FinancialNewsMedia.EMAIL NEWSLETTERJoin to get the flipside of cryptoUpgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.[contact-form-7]
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Self-acclaimed Dogecoin killer — Shiba Inu (SHIB) has slightly slipped down in rank on Coinbase. The SHIB follow-up downtrend in rank happened right after its preceding two weeks stay on top of other heavyweight cryptos in volume.However, this time seems to be giving some feelings that the mind-blowing heat that came around Shiba Inu of late is cooling down. Meanwhile, the concern of the rising speculative and all the hype has massively affected the crypto market positively.According to Coinbase’s recent crypto volume breakdown on Nov 19, SHIB recorded a 6.72% total turnover on the Nasdaq-listed crypto exchange. Coincidentally, this made the crypto slip right away to the third position behind Bitcoin (BTC) and Ethereum (ETH).At the time of writing, BTC and ETH are ranking normal as always while Shiba Inu has also geared up freshly to climb ranks again. Furthermore, despite all these, SHIB is still ahead of many other heavyweight cryptos in terms of volume in the market.Today, Shiba Inu’s price is trading at $0.00004495 with over $24 billion as its market capitalization on Coingecko. Continue reading on CoinQuora More

Alfprotocol — Solana-based protocol for the capital deployment of liquidity provision and yield farming with or without leverage. The protocol aims to provide AlfMM and AAlf — a decentralized exchange service for all of its users. It hopes to also have an over collateralized borrowing service alongside.Alternatively, leveraged liquidity is governed by one of Alfprotocol’s modules. The module acts as an interface with external protocols, including; Solaris, Jet Protocol, and others to deliver leveraged products up to 200x.In many ways, Alfprotocol will implement an invariant-based Automated Market Maker (AMM) protocol and a simplified money market for short-term loans for exchange activities. To go further into detail, the Solana ecosystem’s primary contributions are powering liquidity providers’ positions in AMM pools as well as yield farming procedures.Alfprotocol Implementing Arbitrary CurvesOne of the most recent developments in DeFi is the evolution of decentralized exchanges (DEXs). This is because of the autonomous system of managing conversions between different crypto assets without an intermediary.Of note, Solana’s decentralized exchange protocols contain a liquidity pool (LP) consisting of two or more assets. These assets are required to maintain a mutual mathematical relationship at all times, as defined by a definite function or curve. Its functions comprise constant-sum and constant-product AMMs.The aforementioned actions can decrease the liquidity pool. Mostly, market price changes can affect lower liquidity for one or more of the assets. This, therefore, reduces the total value of the Liquidity Pool (NASDAQ:POOL).According to the Alfprotocol team, the concept of dynamic curves is to create the AlfMM in a way that would modify the mathematical link between the assets, using data from a market price oracle. Hence, ensuring that the pool price remains constant and similar to the market price.By using the Solana blockchain, Alfprotocol will implement arbitrary curves that apply liquidity and assign it accurately. With this method, more liquidity is allocated towards the current reference price and less towards the price extremes.On the whole, Alfprotocol allows more liquid markets by linking secure, low-effort investors who supply liquidity to loan protocols with risk-seeking, active management investors who concentrate on leveraged liquidity provision and yield farming positions.Above all, Alfprotocol is presently in development. Please visit the website and check out the whitepaper to find more info about the project and stay updated with the project’s current progress.Continue reading on CoinQuora More

According to the information shared with Cointelegraph, Consensus Networks aims to provide real-time monitoring and logistics for nearly 700,000 sailors and marines via the HealthNet platform. The developer picked the IoTex blockchain to meet the security and scalability requirements of the Navy.Continue Reading on Coin Telegraph More