Cryptocurrency Analysis and News Portal
When it comes to providing stable value, stablecoins and central bank digital currencies (CBDCs) appear to serve two sides of the same proverbial coin. Crypto stable assets, however, can provide entirely different use cases — and CBDCs simply cannot compete. The key is programmability — smart contracts that automate and add
Read More
Throughout history, people have sought to leave their mark on the world. Machiavelli’s “The Prince,” written more than 500 years ago, is today a cornerstone of modern political philosophy, and Cervantes’ “Don Quixote,” written in 1605, conveys what chivalry was like during that era. These and other works of literature
Read More
The BRICS nations are focusing on increasing their international roles and “enhancing coordination on key multilateral platforms,” Russia’s Minister of Foreign Affairs reportedly revealed after a meeting with BRICS ambassadors. He stressed “the need for joint efforts to counter destructive actions aimed at destroying the established security architecture.” BRICS Seeks Expand
Read More
Worldcoin, in a recent announcement, said it is adopting Proof of Personhood to help advance its systems for better services. With the introduction of methods that may enhance fairness, social interaction, and trust, Worldcoin’s implementation of Proof of Personhood (PoP) is a significant advance with the potential to revolutionize the online
Read More
A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states to lessen the
Read More
Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter the fears of users purchasing cryptocurrencies in
Read More
Micah Zoltu, the founder of Serv.eth Support, a support service specializing in Ethereum decentralized applications (dapps), led the topic of censorship on the call. In a conversation with CryptoX, he remarked that the outcry around Flashbots’ decision to censor transactions was a wake up call for other relay providers. Now,
Read More
Summary: Elon Musk has filed a countersuit against Twitter over the now uncertain $44 billion deal. The lawsuit was filed late Friday, July 29th, a few hours after a Judge set October 17th as the beginning of Twitter’s case against him. Tesla’s CEO and SpaceX founder, Elon Musk, has counter-sued Twitter amidst the
Read More
According to Yusko, the FTX credit line proposal had a catch for BlockFi’s existing shareholders: It gave FTX the option to buy BlockFi “at essentially zero price.” If FTX were to exercise said option, it would effectively wipe out all of BlockFi’s existing equity shareholders, including management and employees with
Read More
Environmental regulators should seek “a comprehensive analysis as it relates to understanding the potential environmental effects of digital asset mining,” according to the letter, which was signed by Sen. Cynthia Lummis (R-Wyo.), one of the authors of new legislation to regulate crypto, and Rep. Patrick McHenry (R-N.C.), the ranking Republican
Read More