Solana’s Network Blackout Puts It In Dire Straits Among Competitors
Solana has proven itself to be a worthy competitor of ethereum and other leading smart contracts platforms in the space. It has shone through in terms of speed, performance, and transaction fees, all of which have beaten out that of top competitor ethereum. Despite this, the smart contracts network has fallen short in a few […]
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Straits Financial has partnered with BitPay and WB21, allowing users to fund their account with Bitcoin deposits. Bitcoin as a form of payment can’t be ignored anymore. Many online and offline stores have already started including Bitcoin as an alternative form of payment alongside conventional ones. Now, a futures trading company Straits Financial LLC has decided to include Bitcoin as one of the payment options. Straits Finanical LLC is a subsidiary of Singapore-based Straits Financial Group. By including Bitcoin payments, Straits Financial LLC has become the first US-based Futures....
Straits Financial LLC will be the first US Futures Commission to accept bitcoin through processing service BitPay. The firm has announced it will enable Bitcoin deposits for investments in commodity markets that include stocks and precious metals. Straits Financial US Futures Commission Clients Can Now Use Bitcoin. Singapore-based Straits Financial....
Straits Financial now allows bitcoin holders to gain quick access to their futures trading platform. The ability to accept bitcoin payments was made possible by the introduction of digital bank WB21, which has integrated BitPay as a new payment option. BitPay believes their service can significantly reduce the amount of time it takes Straits customers to fund their accounts. “BitPay and WB21 will help customers to easily convert their bitcoin holdings into currencies that can be used to fund their futures trading accounts and will provide the bitcoin community easier access to an....
While some piled on the layer-one blockchain for its network hiccup, others offered support. Yesterday, a nearly six hour network outage from Solana, a layer-one blockchain known for its high throughput, drew both jeers and support from traders and developers across the smart contract space. “At approximately 1:46pm UTC on December 4th, 2020, the Solana Mainnet Beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed,” a live update blog post from Solana reported. The outage lasted roughly five and a half hours before over 200....
U.S.-based brokerage house Straits Financial LLC will accept bitcoin via payment processor BitPay to become the first U.S.-based Futures Commission Merchant (FCM) to do so. Straits users will now be able to fund their investment and trading accounts with bitcoin. A boutique brokerage house, Straits’ acceptance of bitcoin will allow users to trade assets such as energy, precious metals, agricultural commodities and stock indexes in the multi-trillion dollar commodities market. The move is intended to appeal to cryptocurrency enthusiasts, wherein bitcoin will be converted into currencies,....