Banks are often regarded as a necessary evil. Even though they make billions of dollars every year, they still offer services without which the modern global economy wouldn’t be possible. For most people, owning a bank account is natural and common, making their daily operations possible. Unfortunately, some people don’t
May 16, 2022 3 mins read
Ethereum is the most popular blockchain-powered network for building decentralized applications. In essence, Ethereum’s creators have taken the breakthrough technology of Bitcoin to the next level. However practical, Ethereum is a far cry from being perfect, and that’s why projects such as Polygon came to life. Namely, Ethereum has been
May 16, 2022 3 mins read
The most popular cryptocurrency uses a lot of energy. The number of machines involved in Bitcoin mining has constantly increased. According to FTX CEO Sam Bankman-Fried, Bitcoin is not an acceptable payment network. On Monday, he told the Financial Times that “The Bitcoin network is not a payments network and
May 16, 2022 1 min read
At the beginning of May, a significant legal precedent was set in the British Web3 community when the High Court of Justice in London, the closest analogue to the Supreme Court of the United States, decided that non-fungible tokens (NFTs) are private property. An important caveat is that this private
May 16, 2022 1 min read
Elon Musk has announced that he still intends to acquire Twitter. Musk said that his team would undertake a random survey of Twitter users. On Saturday, as per a tweet by Elon Musk, a Twitter legal team contacted him for breaking a Non-Disclosure Agreement (NDA) by disclosing that the social
May 15, 2022 2 mins read
According to IOHK, the testnet might be ready by the end of May. Cardano has released a new version of its Daedalus wallet, Daedalus 4.10.0. Charles Hoskinson, the CEO of Cardano, has announced that the Vasil Hard Fork is on track. Cardano and Plutus, the platform for smart contracts built
May 15, 2022 2 mins read
Without the backing of politicians, it’s uncertain whether a CBDC will go forward. The senate candidate deemed CBDC as “slave currency.” Many nations are developing CBDCs, and some have already put them in place. Coins issued by a central bank in the form of digital tokens are known as “Central
May 14, 2022 2 mins read
Pocket Network has been down 10.17% in the last 24 hours. Decentralized node operator networks allow anyone to participate in the Rocket Pool. Let us look at the top 3 altcoins to consider for gains after the recent market slump. Rocket Pool (RPL) For ETH2 staking, Rocket Pool is a
May 14, 2022 1 min read
Ethereum has been down 19.28% in the last 24 hours. Ethereum whales performed 2,956 transactions worth over $1M apiece. After falling below $2,000 versus the US dollar, Ethereum started to show signs of weakness. Below the $2,000 mark, it is more vulnerable to further declines. According to CMC, the Ethereum
May 12, 2022 1 min read
LINK’s price has dropped by nearly 50% in the previous seven days. Buyers can buy the dip and hodl it for massive gains in the long run. Let us look at the top 3 altcoins during the crypto bloodbath. Solana (SOL) SOL seems to have hit a vital demand wall
May 12, 2022 2 mins read