On the weekly recap, NLW looks at growth in institutional investment, big interest among the G20 in CBDCs and a new National Security Council report. This content was originally published here.
Yet, to dismiss the piece, and its author Matt Luongo, would be a mistake. Matt is an ardent Bitcoiner making an argument that to me seems obvious. As a long-time Bitcoiner, it has always been my dream to extend Bitcoin’s decentralization to the wider economy. That is precisely what Matt is saying: It is time for us to take our belief in decentralization to the next level. The same day Matt’s article came out, we learned BitMEX, where so many Bitcoiners have deposited their bitcoin, is under threat. Not only does this place users’ bitcoin and private information in jeopardy, […]
When it comes to cryptocurrency, women are a vast minority. While we are not assessing blame to anyone for this or pointing fingers at anyone, the stats do not lie. Based on the analytics from this site alone for 2017, 91.58% of visitors were male, while only 8.42% were females. Also, when looking at the speaker line up from the recent North American Bitcoin Conference, out of the 88 speakers, only three were females. That is less than 4%. Preethi is a Blockchain Engineer and alum of CoinBase, Goldman Sachs, and Andreessen Horowitz. She recently decided to break away from […]
Switzerland wants to go domestic with its gambling industry. It frowns upon foreign operators targeting its residents, and continues to scour the Internet for entities that might not meet its stringent guidelines. The Swiss Federal Casino Commission (ESBK) for its German acronym) has already banned a number of different domains that it found violated its policies, and added several more last week. One of the latest is Blockchain-based gaming operator Coingaming Group, which has found its Sportsbet.io platform shown the door in the country. Switzerland doesn’t want foreign gambling brands to have a presence in the country, and the ESBK […]
The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode, ethereum () miners have also seen a corresponding sharp drop in total earnings from fees over the past three weeks. On Sept. 17, miners raked in 42,763 , or $14.97 million, in fees, but that tanked to just 5,898 , or $2.06 million, as of Sunday. As a […]
After the latest addition of 42 banks, about 100 Italian banks are officially operating on the country’s banking blockchain network, Spunta, built on R3’s Corda, the Italian Banking Association (ABI) announced Tuesday. This content was originally published here.
New York Post writer Jon Levine on how a Democratic operative admitted to fraud. With the 2020 presidential election less than a few weeks away — encumbered yet again by questions and concerns surrounding ballot security and fraud — revolutionary blockchain voting technology is being piloted in small pockets of the country. And Tuesday marked the first time a vote has ever been cast for a U.S. president in the general election using such an app on a personal mobile phone, Fox News has learned exclusively. “This is a historic day not only for ballot integrity and election systems but for liberty and the […]
DeFi’s (decentralized finance) innovation never stopped. Since the inception of Bitcoin, we are seeing more and more dApps disrupting the traditional financial space. When cryptocurrency first got everyone’s attention in 2017, Bitcoin and other coins’ speculative prices stole the spotlight of the real heroes: the decentralized projects that seek to make financial services more efficient, secure, and reliable. For quite some time now, the current DeFi apps were primarily relying on the Ethereum network, and in light of the recent influx of users willing to take advantage of these DeFi opportunities, the network showed its weaknesses. The fees went sky […]
Ethereum’s popularity has congested the network like never before, and scalability is top of mind. Historically, and still today, many look beyond Ethereum for more scalable smart contract platforms. However, the most interesting scaling battles are being waged above Ethereum on Layer 2s (L2), not besides Ethereum on Layer 1s. One specific flavor of Ethereum L2 scaling solutions, Zk-rollups, are live and flourishing today (rollups bundle transfers into single transactions). So much so that many leading community members support simplifying Ethereum’s Eth2 upgrade to focus on a rollup-scaled ecosystem. With this in mind, the new competitive arena is between Ethereum-enhancers, […]
Hoping it will help sidestep sanctions, Venezuela has launched a “decentralized” national stock exchange built atop the Ethereum blockchain. This content was originally published here.