As the crypto market has been facing a long lasted winter and the Fed is adding fuel to the fire with its hawkish approach to fight inflation and protect users, global tech tycoons and industry experts have been pointing out their opinions on the situation. Similarly, in an interview, Sasha Ivanov, founder of the Wave, a blockchain company allowing users
China’s economy has grown from near irrelevance to the second largest in the world in less than half a century. Perhaps more incredible than its meteoric rise is the fact that it’s done so without any kind of significant economic contraction. Nearly fifty years of consistently positive GDP growth is practically sorcery in the eyes of the west, as our
Key Takeaways Arbitrum has completed its Nitro upgrade. Nitro increases transaction throughput, reduces fees, and provides a better user experience for developers building applications. Now that Nitro has expanded Arbitrum’s transaction throughput, the network will likely restart its Arbitrum Odyssey Campaign. Share this article URL Copied The Arbitrum Nitro upgrade brings faster transactions, lower fees, and a better user experience
Key Takeaways Following the Treasury Department’s move to sanction Tornado Cash earlier this month, MakerDAO co-founder Rune Christensen has proposed an “Endgame Plan” to save DAI from regulatory capture. The plan would see MakerDAO lend out DAI against real-world assets to accumulate ETH, with the eventual goal of turning the stablecoin into a free-floating asset. The proposal has received support
To assess the trajectory that cryptocurrencies may be on, it’s useful to look back at the arcs that new technologies and ways of thinking have taken in the past. A familiar pattern is that novel tech is regarded as eccentric and essentially pointless, while any potential utility is overlooked. Take Advantage of the Biggest Financial Event in London. This year
Bitcoin mining has always been one of the hottest topics in the crypto ecosystem because of the energy usage in its mining operations. While BTC’s mining difficulty has decreased in the past few months, its hash rate has climbed. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech,
In a major crypto move on 31 August, a prominent Ethereum address transferred 64,000 ETH to an unknown wallet. According to Whale Alert, the value of the transfer stands at $102 million. The transaction was executed at around 05:01 UTC. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading,
South Korean cryptocurrency exchanges are struggling with the ongoing market dip as two of the major local players, Upbit and Bithumb, reported a massive decline in sales and profits in the first half of 2022. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and
Is this attack on Tether part of The Wall Street Journal’s general campaign against bitcoin and crypto? Or did the newspaper feel the impulse to get in on the Tether FUD action a few months too late? Did Tether competitors pay for this article or is it an organic piece of journalism? The WSJ article titled “Tether Says Audit Is
Key Takeaways “Real yield” refers to DeFi protocol fees that go to token holders. Several Ethereum protocols offer “real yield” today. There’s a good reason the trend has caught on, but there are downsides. Share this article URL Copied A closer look at the “real yield” buzzword. What Is “Real Yield”? There’s a new buzzword making the rounds in crypto
Key Takeaways NFTs have taken a battering in the bear market, with floor prices tanking and trading volumes drying up. Skeptics have argued that the technology is “dead,” but there are strong reasons to believe that the market is alive and well. Recent highlights in the space include Eminem and Snoop Dogg’s Bored Ape-themed VMA performance and DigiDaigaku’s rally to
It’s been a tough year for the once powerhouse trio ‘SoLunAvax’ – the often mentioned term to reference popular L2s Solana, Luna, and Avalanche. Luna, of course, saw its downfall in recent months and has crumbled to a fraction of what it once was. Solana has still yielded strong growth, but not without its challenges this year, as the blockchain
Glassnode’s data shows that the number of whale Bitcoin addresses has jumped despite the market dip. 15,933 Bitcoin addresses now hold at least 100 BTC, the highest level since July 2022. The previous one-month high of 15,932 was observed on 26 August. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in
Key Takeaways Andreessen Horowitz is one of the most accomplished investors in the technology and cryptocurrency space. Despite its impressive track record, the firm has made some blunders over the years. Some of its worst bets include OpenBazaar, Diem, Basis, and BitClout. Share this article URL Copied Andreessen Horowitz established itself as a crypto heavyweight by placing winning bets on
Serena Williams is going out in style. The tennis legend and 23-time Grand Slam singles champion is likely hanging up her racket after playing in the U.S. Open in Flushing Meadows, N.Y., as she announced in the cover story for Vogue’s September issue. And she advanced to the second round on Monday night after beating Danka Kovinic of Montenegro. The
Lawyers for Nasdaq Inc. and the Securities and Exchange Commission defended the exchange’s plan to require companies to disclose the diversity of their boards Monday, and judges sounded skeptical that the court should overturn the policy. The SEC last year approved a Nasdaq NDAQ, -1.63% policy that asks companies to disclose the demographic makeup of their boards, and questions them
It’s hard to believe Bitcoin Day was only a year ago. Let’s go back to El Salvador in anticipation of that faithful day’s celebrations, you’ll find that the country is booming with activity. This compilation of news has it all; from tourism to mining, from conferences to meetups. For a while there, the war with the gangs monopolized El Salvador-related
Key Takeaways Ava Labs co-developed an Avalanche-based litigation platform with Roche Freedman founding partner Kyle Roche. Ava Labs has been accused of paying Roche to sue its competitors and keep regulators at a distance. The company’s founder and CEO Emin Gün Sirer published a statement today playing down its close ties with Roche. Share this article URL Copied Ava Labs
It’ll be worth splurging a little — or a lot — on streaming subscriptions in September. From the well-rounded offerings of Disney+ — including “She-Hulk,” “Andor” and “Mighty Ducks: Game Changers” — to Amazon’s blockbuster “Lord of the Rings” prequel series “The Rings of Power,” to Hulu’s stockpile of quality comedies, to HBO’s compelling “House of the Dragon,” there is
Key Takeaways Ava Labs has been accused of paying off a legal firm to go after its competitors and sue regulators. The firm’s founding partner Kyle Roche was secretly filmed making the claims, but both he and Ava Labs have denied the allegations. Law enforcement has likely caught wind of the drama since it blew up in the crypto space.
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