This episode is sponsored by NYDIG.Download this episodeWelcome to “The Breakdown’s” “End of Year Extravaganza.” First up, Whit Gibbs, CEO of Compass Mining.Find our guest on TwitterSee also: Paraguay’s Senate Approves Proposal Regulating Crypto Mining and Trading“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, … [Read more...] about The Hashrate Migration and Bitcoin’s Resilience, With Compass CEO Whit Gibbs
migration
Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
The ability to send money to anyone, anywhere, at any time was one of the original motivations behind Bitcoin (BTC) that helped give rise to the expanding cryptocurrency ecosystem that exists today. Blockchain-based global remittance platforms are one sector of crypto projects that have evolved over time to help meet the needs of peer-to-peer money transactions, and Telcoin … [Read more...] about Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain
Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees on the Ethereum (ETH) network hampered the ability of buyers and sellers to interact with the protocols. The challenge of high fees eventually … [Read more...] about Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain
Decentraland announces layer-two MANA token transfers, plans for full migration
Just a day after two decentralized finance powerhouses announced layer-two integrations via the Polygon sidechain, a major nonfungible token and gaming title has today followed suit.In a blog post this morning, NFT-powered virtual world and video game Decentraland announced a token bridge enabling users to move native MANA tokens to Polygon and back. At the time of publication, … [Read more...] about Decentraland announces layer-two MANA token transfers, plans for full migration