A significant participant in the blockchain space, Solana, recently declared that extreme network congestion was the reason behind a temporary suspension of their mining algorithm. This move is a reaction to growing transaction loads that have overloaded the network, as announced by Hardhat Chad, a primary developer of the Solana-based Ore protocol. As developers are […]
Despite continuous concerns over inflation, Federal Reserve Chair Jerome Powell recently hinted that the United States will unlikely witness a cut in interest rates during the next policy meeting. Powell emphasised that the primary justification for keeping existing interest rates was the existence of ongoing inflationary pressures during his talk at the Wilson Centre. This […]
