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April 6, 2023

Ukraine Dismantles $40 Million Russian Crypto Pyramid Scheme

Ukraine Dismantles $40 Million Russian Crypto Pyramid – Bitcoin News

[ad_1] Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With Russian Roots Busted in Ukraine Officers from the Security Service of […]

Solana reveals cost-cutting solution for on-chain storage

Solana reveals cost-cutting solution for on-chain storage

[ad_1] Layer-1 blockchain Solana has released a new solution aiming to drastically reduce the cost of on-chain storage. Called state compression, the technology promises to bring down the cost of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110.  “After numerous phases of development, adoption, and rollout, compressed NFTs are live on […]