Japan launches digital yen pilot project after second successful proof of concept

Bitcoin (BTC) is facing difficulty breaching the $40,000 mark again after briefly crossing it on May 26. The cryptocurrency is currently exchanging hands at around the $36,000 mark, which is a 44% drop from its all-time high of $64,889 on April 14. Among others, a key difference between macroeconomic conditions affecting the cryptocurrency market as…

Binance CEO Changpeng Zhao’s crypto empire has fallen over 80% from its January 2022 peak of almost $97 billion. 888 Total views 5 Total shares Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.On Oct. 26, the Bloomberg Billionaires Index cut

We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can be less susceptible to censorship, government overreach and misinformation.Ethereum 2.0’s…

With Bitcoin regaining market dominance of over two-thirds of the entire combined cryptocurrency capitalization, discussions regarding market share of prominent altcoins have largely left the dominant cryptocurrency discourse. Here is a different outlook on the market and on how the top cryptocurrencies stack up with the rest.Market dominance flows from alts to BTC since 2018Market…

Optimism has been on a hiring spree and plans to expedite its mainnet launch after securing backing from Andreessen Horowitz. 2172 Total views 11 Total shares Optimism, a company providing Layer 2 scaling solutions for Ethereum, has secured backing from venture capital firm and Coinbase investor Andreessen Horowitz, or A16z.Andreessen Horowitz, which manages a portfolio…

Multi-year Ether accumulation has been growing in 2020 but things may soon change with the launch of staking. 1463 Total views 18 Total shares More than half of Ethereum’s circulating supply has not moved in more than a year, with only 39.6% of Ether (ETH) changing hands over the past 12 months.According to Glassnode’s ‘hodlwaves,’…

A new proposal asks the Arbitrum Foundation to return 700 million ARB tokens after community backlash. Voting ends on April 14. 232 Total views 3 Total shares Own this piece of history Collect this article as an NFTAs per the proposal, the Foundation should proceed with its budget plan only after returning the tokens. "This…

United Kingdom-based blockchain infrastructure provider Parity has launched a beta version of Substrate, its tool for creating customized blockchains, according to a press release published Tuesday, Dec. 18.The release states that Substrate is designed to provide “maximum technical freedom” while creating blockchains. It supports multiple programming languages, users can make their own consensus mechanisms, and…