Cryptocurrency has come a long way since Bitcoin’s inception. The network has evolved into a complex and diverse ecosystem with thousands of currencies and tokens. As the popularity and adoption of digital currencies continue to grow, so too does the need for a scalable and efficient infrastructure to support these transactions; this is where Layer [...]
The tailwinds continue to gather behind cryptocurrencies, propelling the sector forward and scattering it in a thousand different directions. Non-fungible tokens, anyone? What of Web 3.0? And besides its ongoing disruption of the financial space, is it not possible that at some point in the not-too-distant future other nations will follow El Salvador’s lead and [...]
When Bitcoin slid from a record-high valuation of $69,000 in November 2021 to under $33,000 in January 2022, there was genuine concern in the cryptocurrency community that it was an indication that dire things were ahead. In the parlance, there were those who wondered aloud whether a “crypto winter” was at hand. David Marcus, former [...]
When Bitcoin plunged from its all-time high of $68,950 in November 2021 to under $33,000 in January 2022, analysts raised concerns that a “Crypto Winter” was at hand, that cryptocurrencies in general and the world’s most popular crypto in particular were headed toward a deep freeze. Analysts quickly revised that prediction, however, and by late [...]
While in 2020 decentralized finance (DeFi) was all the rage, 2021 has seen the rise of non-fungible tokens (NFTs), which are essentially digital certificates of ownership of a scarce asset on a blockchain. After $400 million in gross sales of NFTs were consummated in 2020, some $1 billion were completed in just the first quarter [...]
The general-purpose blockchain Ethereum turned five on July 30. And while it is certainly doing far more than merely toddling about, there is every expectation that it will find its footing in a number of different sectors in the years ahead. Alternately billed as “the world computer” and “the foundational platform for everything” when it [...]