Axie Infinity, the popular blockchain gaming platform, has finally restored its Ethereum-linked sidechain called the Ronin Network three months after it suffered a major breach. The Ronin Network, designed by Axie Infinity developer Sky Mavis, acts as a bridge between the video game and the blockchain, allowing cryptocurrencies to be…
The price of Bitcoin fell below $20,000 (roughly Rs. 15 lakh) for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9 percent to less…
The eco-friendly upgrade to the Ethereum blockchain is gearing up to undergo the Ropsten Beacon Chain testnet, one of the longest-existing proof-of-work (PoW) testnet. Basically, the Ropsten testnet is the most popular replica of the Ethereum network. It is capable of imitating the aspects of the ETH mainnet, making it…
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