Ethereum blob fees soar: What does it mean for L2s?

Suresh Kumar suggested that crypto will become an important payment tool across the Metaverse and social media, as these areas will be a major way customers discover new products. 278 Total views 7 Total shares Walmart’s global chief technology officer (CTO) Suresh Kumar has tipped cryptocurrency to become a "major" area of disruption, particularly in…

A recent report by technology research company ReportLinker shows that blockchain technology in the U.S. manufacturing sector is expected to grow significantly from 2020–2025.While preparing the report, the authors split blockchain usage by application, end use, and territory. The study then divided the blockchain in manufacturing market based on end use into energy and power,…

The Swiss Minister of Finance, Ueli Maurer, has rejected a possible blockchain law in a speech at blockchain conference Infrachain in Bern, Cointelegraph auf Deutsch reported today, Dec. 4.Instead of a specific blockchain or crypto legal framework, Switzerland plans to tweak existing laws to allow for the new technology and its financial applications, Maurer said.…

Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval. 458 Total views 18 Total shares Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted…

U.S. regulator the Securities and Exchange Commission (SEC) has reiterated guidelines on initial coin offerings (ICOs) in a tweet Feb. 10, as efforts to formalize the sector continue.A dedicated section of the regulator’s website now lists five aspects of ICOs the SEC considers essential, as well as a separate section for investors and market professionals.The…

Bitcoin (BTC) marched to 17-month highs on Oct. 24 as exchange-traded fund (ETF) excitement boosted already bullish BTC price action.BTC/USD 1-day chart. Source: TradingViewBitcoin ETF data listing hints at “time to shine”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,198 on Bitstamp before consolidating.This represented 17% gains since the prior weekly close and

The company confirmed its bet on the crypto space with its latest investment partners. 173 Total views 10 Total shares Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel…

Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet the New Straits Times (NST) Nov. 26.The finance minister outlined his stance in response to a question from parliamentary…