In a significant milestone, a new consensus protocol, BEEFY, has been activated on Polkadot’s canary network Kusama. This will allow for the blockchain to be verified seamlessly on Ethereum and other networks that are compatible with the EVM. For Kusama, the BEEFY protocol is revolutionary because it makes it possible to easily verify
Currently holding a TVL (total value locked) of over $60 billion, the market size and revenue share of the decentralized finance (DeFi) space is expected to grow at a compound annual growth rate of 42.6%, and reach a value of $232 billion by 2030. However, the true potential of DeFi’s
In the volatile world of cryptocurrency trading, success stories of individuals turning modest investments into substantial gains are not uncommon. One such remarkable tale is that of a crypto trader who, in the tumultuous year of 2021, managed to turn a $50,000 investment into a staggering $1 million. Now, as
The 29th Edition of the World Blockchain Summit, an event by Trescon, returns to Dubai on 22nd and 23rd April 2024 bringing together leading innovators, investors, enterprises, thought leaders, entrepreneurs under one roof to debate and dissect the trending issues and challenges that are rapidly reshaping the regional blockchain and
A growing number of people are using cryptocurrency investing to diversify their portfolios and perhaps make large financial profits. On the other hand, investors in cryptocurrencies may be exposed to significant financial risk due to the market’s extreme volatility. In order to protect their money and negotiate this treacherous landscape,
The cryptocurrency landscape is dynamic, with tokens continually vying for dominance. Solana (SOL), known for its efficiency, faces formidable competition from emerging tokens in 2024. Among the contenders are Retik Finance (RETIK), Avalanche (AVAX), Uniswap (UNI), and Polkadot (DOT). Each brings distinct strengths, innovations, and potential trajectories that position them
Announcing the launch of its Private Beta program is Signet, the newest advancement in Multisig solutions and business workflow management. Signet, created by the same team that brought us the well-known Talisman Wallet, has the potential to revolutionize the way on-chain businesses handle approval and signing procedures by providing an
As Ethereum continues grappling with issues like high gas fees and network congestion, the stage is set for the ascent of competing networks offering enhanced speed, scalability and affordability. Here we explore 3 promising Ethereum alternatives under $1 positioned to deliver major gains, making them enticing options for investors seeking
GRIID, a cryptocurrency mining firm, situated in the United States, has formally gone live on the Nasdaq stock exchange. Up until this point, GRIID was known for operating Bitcoin mining operations that were vertically integrated and made use of cheap, low-carbon energy. Although it was founded in 2018, it wasn’t
According to CoinShares, a digital asset management firm, withdrawals from Grayscale’s bitcoin ETF (GBTC) were higher than inflows into other funds, even if they slowed significantly during the last week. According to the research, the U.S. bitcoin ETFs experienced net inflows of only $1.8 billion, while GBTC suffered $2.2 billion
