Current chain abstraction methods are fragmenting crypto — Web3 exec

As the Ethereum 2.0 upgrade approaches, users have been showing an increasing interest in the staking process, which would allow them to make a passive income by validating the new network.This is evidenced by the growing number of Ether (ETH) wallets and ETH deposits on cryptocurrency exchanges. According to a recent report published by analytical…

Bitcoin is leading the recovery from the front, which is a positive sign. This shows that bulls have used the recent dip to buy. As a result, Bitcoin’s dominance has increased to 68.9%. Former Wall Street trader Tone Vays believes that Bitcoin will increase its dominance further in 2020, perhaps as high as 85%.Although institutional…

With vast swaths of the world markets in virtual lockdown amid the coronavirus pandemic, some predict that the shocks rippling through the global economy in early 2020 may yet come to dwarf the magnitude of the 2008 financial crash.Just as Bitcoin (BTC)’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder…

The Shiba Inu ecosystem’s world paper, as well as new Shiba Inu projects and detailed information about the Treat token, will be presented at a Toronto conference next month, Shytoshi Kusama says. In a July 6 blog post, Shytoshi Kusama, the lead developer of Shiba Inu, said that the team will have discussions and possibly…

After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation. 3587 Total views 18 Total shares South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made…

It’s layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.

Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC. 223 Total views 18 Total shares Members of the decentralized autonomous organization (DAO) called Ooki DAO have started looking into an appropriate response to the charges filed by the United States Commodities Futures Trading Commission (CFTC).On…

Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

Airlines and airports are functioning on outdated methods of information collection and distribution, using many isolated operating systems where data exchange can be timely and unsecure — despite a reported 170 percent increase in the past 20 years of U.S. outbound trips abroad. Major competitors have recognized how the characteristics of the aviation industry align…