Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using the same proof-of-work (PoW)…
Read more
A crypto winter has come. With BitCoin (BTC) falling over 70% from its all time high along with Ethereum, and a steady drumbeat of news involving crypto-related funds, companies, and projects collapsing, it is clear that the last round of cryptomania has come to a close. Even juggernauts of GameFi such as Axie Infinity (and…
Read more
A panel of crypto industry experts “sees a fairly bright future ahead” for Binance coin, predicting bnb to rise to $781 by 2025 and $1,814 by the end of 2030. One expert explained that “Since the bnb chain ecosystem continues to grow, the price may reach as high as $3,000 in 2030.” BNB’s Price Predictions…
Read more
Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets it’s supposed to supervise. Banking Watchdog Faces Staffing Problems Threatening Its Ability to Regulate…
Read more
Pierre-Olivier Gourinchas is the Economic Counsellor and the Director of Research of the International Monetary Fund (IMF). _________ The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern…. Read More: Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook Read more »Pay, Trade, Buy Bitcoin…
Read more
Bitcoin price formed a support base above the USD 21,000 level. BTC started a steady increase and was able to clear the USD 22,000 resistance zone after the US Federal Reserve’s rate hike decision and following comments. BTC is currently (03:55 UTC) up almost 10% in a day and trading above the USD 23,100 level.…
Read more
With the deadline for UK art superstar Damien Hirst’s The Currency NFT burn expired today, artwork owners were forced to answer a paramount question: do they wish to burn their NFT in exchange for the artist’s corresponding original work on paper, or keep the token? As it turns out, slightly more owners opted to drop…
Read more
Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning the Lawsuit Ripple CEO Brad Garlinghouse discussed the lawsuit brought by…
Read more
PRESS RELEASE. Pocket Network, a decentralized Web3 infrastructure provider that services blockchain data requests for applications and developers, is implementing key protocol changes after its community DAO voters rallied to boost network efficiency and bring costs down. As of late June, the Pocket DAO has passed two proposals with significant impacts on the incentive structure…
Read more
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, believes that the U.S. Securities and Exchange Commission (SEC) neither has the resources nor the IQ points needed to correctly investigate crypto listings on Coinbase. Michael Burry on SEC Investigating Crypto Listings on Coinbase Famous investor and founder of investment firm Scion Asset…
Read more
