What Solana’s critics get right… and what they get wrong

The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system. 1160 Total views 12 Total shares The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system. In an official press release, the Libra Association Wednesday…

A recent report from CoinMetrics suggests that when a new altseason starts it will play out in a way that is vastly different from the market of 2017-2018. According to the authors of the report, the arrival of institutional investors and their interest in Bitcoin (BTC) and Ether (ETH) has fundamentally shifted the cryptocurrency market landscape.…

Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.

The Optimism-Dai Bridge will allow fast withdrawals later this year. 3193 Total views 13 Total shares The Dai stablecoin produced by decentralized lending protocol MakerDAO is getting some speed and fee enhancements with its forthcoming upgrade on layer-two.Ethereum scaling solutions provider Optimism will provide the technology as announced on the MakerDAO forum on March 9.…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The FTX collapse has created a sense of uncertainty among large and retail investors alike, who are not very sure whether they should keep their funds on centralized exchanges or…

Bitcoin price whipsawed to $66,000 before recovering the top of its intraday range. Analysts explain why BTC is volatile today.

IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network.1,000 times fasterIn an email sent to Cointelegraph, IDEX claims that its system, dubbed Optimized Optimistic Rollups (O2Rs), reaches block finality in 10 minutes. The company also says that this is…

Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs.In what should provide some desperately needed confidence to bulls, BTC/USD is back at weekly highs on May 30, gaining several percent overnight.In contrast to recent weekly closes, the May 29 candle managed to limit downside and reverse course immediately as the new…