Monday, June 17, 2024
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DeFi Effect: Scaling Debate Begins as Ethereum Fees Reach Two-Year Highs

Ethereum has seen a decentralized finance craze over recent weeks.Due to innovation, high returns on investments, and other attractive characteristics, DeFi has gone parabolic. Data from DeFiPulse shows that the value of cryptocurrency locked in blockchain finance applications has reached $1.6 billion. This isSimultaneously, DeFi-related tokens like Compound’s COMP and

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Bitcoin Halving Effect? Data Suggests People Buying More BTC Since February 2020  

According to data released by Glassnode, a leading blockchain and cryptocurrency analytics platform, the number of Bitcoin wallet addresses having a minimum of 0.1 BTC has continued to surge, hitting 3,010,784 on Monday, as more and more crypto investors continue to stack up their Bitcoin holdings. Bitcoin Attracting New Hodlers?  Per sources

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Mass Effect Writer Reveals ‘Exciting’ Bioware Turned into Corporate Shills

Drew Karpyshyn has recently joined 2 other ex-BioWare employees in leaving the company to join Archetype. In a blog post, he claimed that BioWare had become too corporate. This is a cautionary tale for future developers and publisher to not create a corporate culture around their creative endeavors. BioWare has been a bit

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European Crypto Firms Brace for Higher Costs as AMLD5 Takes Effect

A strict new regulatory regime is dawning upon European firms handling cryptocurrency.Friday marks the deadline for the European Union’s 28 member nation-states to adopt the Fifth Anti-Money Laundering Directive or AMLD5.  The new rules require crypto exchanges and custodial service providers to register with their local regulator, and demonstrate compliance

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US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System

The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose.Federal Reserve Board Chairman Jerome Powell provided a response to U.S. Representatives French Hill and Bill Fosters’ request on whether the Federal Reserve plans

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