Layer-2 rollups must decentralize sequencers or face the consequences
Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea.
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Mintable app to support minting NFTs on the layer 2 Immutable X protocol
By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders. 126 Total views 16 Total shares Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer 2 solution for NFTs on Ethereum, to make over 24 million NFTs on Immutable X available for sale on…
Bitcoin vs. Altcoins: Which is the Most Usable for Merchants?
Volatile or not, there's growing public demand for retailers and businesses to accept payment in cryptocurrency. According to a survey published in June by the United Kingdom-based crypto-exchange CreditCoin, 75 percent of American consumers want the option to use cryptocurrencies to pay for items they purchase in stores. Sadly, the proportion of stores providing this option…
Coinbase CEO tops China’s Hurun list of blockchain billionaires
Coinbase CEO Brian Armstrong’s estimated wealth surged 10-fold over the past year to hit $11.5 billion, according to China’s Hurun Research Institute. 3513 Total views 17 Total shares The CEO of the United States’ largest cryptocurrency exchange, Coinbase, has topped the list of global industry billionaires by China’s Hurun Research Institute.Issued on March 2, the…
Top Australian BitConnect promoter banned by ASIC for 7 years
John Bigatton has been barred from providing financial services in Australia for seven years for his involvement with the BitConnect Ponzi scheme. The Australian Securities and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, the former ‘Australian National Representative’ of the multi-billion-dollar crypto Ponzi scheme BitConnect, from providing financial services for seven years.ASIC asserts…
1inch announces expansion to Binance Smart Chain, plans to run BSC node
The highest-profile team to make the move so far, 1inch is also planning to become an infrastructure provider for the layer-1. 3678 Total views 11 Total shares As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain. In a press release today, the 1inch…
NFTs for freedom: Nonfungible tokens and the right to self-determination
It seems that everyone — from corporate behemoths like Visa and Anheuser-Busch to socialite Paris Hilton and NBA legends Michael Jordan and Kevin Durant — has recognized the growing importance of nonfungible tokens (NFTs) for the 21st-century economy.World-renowned artists, athletes and musicians have been cashing in on the craze, lending legitimacy to this new use…
a16z leads $40M raise for decentralized knowledge protocol
Golden, which has now raised roughly $60 million in cumulative funding, also receives a16z general partner Ali Yahya to its board. 205 Total views 3 Total shares Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and…
Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains
Sunday, Dec. 8 — most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as Bitcoin (BTC) hovers around the $7,550 mark again.Market visualization courtesy of Coin360Bitcoin price is currently down by 0.2% on the day, trading at around $7,552 at press time, according to Coin360. Looking at its…