Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before it can break through to cross-industry adoption at scale. Chang made her comments during an interview on the “Bloomberg Daybreak: Americas” television show on Feb. 7.Chang noted that blockchain adoption…

Top Stories This WeekFundstrat Global Advisors Expects 2019 to Bring More Institutional Investors to CryptoAccording to a report on the 2019 crypto outlook released by New York-based research company Fundstrat Global Advisors, incremental improvements in the crypto space can provide support for higher prices for cryptocurrencies. The report notes that as the United States dollar…

On Sept. 26, the British pound hit a record low against the U.S. dollar following the announcement of tax cuts and further debt increases to curb the impact of a possible economic recession. The volatility simply reflects investors' doubts about the government's capacity to withstand the growing costs of living across the region.The U.S. dollar…

The Bahamas securities regulator and financial investigators are reportedly investigating the collapsed crypto exchange. An investigation of possible criminal misconduct over the insolvency of cryptocurrency exchange FTX is underway by financial investigators and the Bahamas securities regulators, according to a statement by the Royal Bahamas Police Force sent to Reuters on Nov 13. The Royal Bahamas…

Launched in 2019, MoonPay says it has processed more than $2 billion in transactions and hit 7 million users so far. 887 Total views 19 Total shares Cryptocurrency fintech startup MoonPay has closed its first-ever venture capital round, reaching $3.4 billion in post-money valuation.The firm announced officially on Monday that it closed a $555 million Series…

Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers.

On Thursday, Mark Zuckerberg took to Facebook to announce the end of Trump's reign — on the platform anyway.Yesterday's rally on Capitol Hill in Washington, D.C. turned into a storm of the Capitol itself by Trump supporters following a speech in which the president said "we will never concede."In his post this morning, Zuckerberg noted…