Category: scalability

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Can Cardano’s July hard fork prevent ADA price from plunging 60%?

ADA’s price is above a key technical support level in the days leading up to the major Cardano upgrade. Cardano (ADA) has started painting a bearish continuation pattern on its longer-timeframe charts, raising its likelihood of undergoing a major price crash by August. ADA price in danger of a 60% plunge Dubbed the “bear pennant,”…
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TrueFi launches on Optimism, expanding access to on-chain credit

Several projects have launched on Optimism this year with the goal of giving users instant transactions and lower gas fees. Unsecured lending protocol TrueFi has become the latest project to launch on Optimism, Ethereum’s popular layer-2 scaling solution, in a move that’s expected to boost demand from non-institutional lenders.  By launching on Optimism, TrueFi’s lender…
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The Compromises and Benefits of Ethereum Switching to a Proof-of-Stake Network

  Max Shannon, Digital Asset Analyst at major European digital asset investment firm CoinShares. __________ Ethereum has an Evolving but Structured Roadmap of Protocol Changes…. Read More: The Compromises and Benefits of Ethereum Switching to a Proof-of-Stake Network  Read more »Pay, Trade, Buy Bitcoin with Credit Card

FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network

Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a…
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FTX’s Bankman-Fried Accused of Misleading Public Over Bitcoin as FT Picks His Words ‘Selectively’

  Sam Bankman-Fried, CEO and founder of major crypto exchange FTX, and investor in Solana (SOL), was accused of misleading the public as he omitted important facts while bashing Bitcoin (BTC). The CEO claims that his quotes were chosen “very selectively” by a mainstream media outlet, known for skepticism towards Bitcoin and crypto…. Read More:…
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Hop Protocol reveals details of Hop DAO and Optimism-style airdrop

Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens. Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early…
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The birth of ‘Ethereum Killers,’ can they take Ethereum’s throne?

The second-largest blockchain has developed a massive ecosystem around it. However, its scalability issues have made room for “ETH Killers” to enter the ring. Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release of…
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Tezos co-founder Arthur Breitman discusses the untapped potential of DeFi

Breitman revealed that Tezos’ solution to the blockchain trilemma is using optimistic rollups in an exclusive interview with Cointelegraph. Arthur Breitman, the co-founder of layer-1 protocol Tezos (XTZ), spoke with Cointelegraph’s Jackson DuMont at the Paris Blockchain Week Summit (PBWS) last week about what it would take to unlock the true potential of decentralized finance,…
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New Bitcoin & Ethereum ETFs, Ukrainian NFT Cossacks Club, Snoop Dogg Brings Weed to Metaverse + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______… Read More: New Bitcoin & Ethereum ETFs, Ukrainian NFT Cossacks Club, Snoop Dogg Brings Weed to Metaverse + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Here’s how Ether options traders could prepare for the proof-of-stake migration

Ethereum Foundation members expect “the merge” to happen before year-end and savvy options traders will profit using this options strategy. Ethereum’s long-awaited transition away from proof-of-work (PoW) mining has recently suffered another delay and is expected to occur in the second half of 2022. Ethereum developer Tim Beiko stated on April 13 that “it won’t be…
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