Ad Under the radar, one of the most significant changes to the Ethereum ecosystem has been announced with little to no community reaction. Account abstraction is a core advancement in web3 account management, but the current roadmap brings a new goal — to remove Externally Owned Accounts (EOAs) entirely from the Ethereum ecosystem. The term…
BlackRock CEO Larry Fink says US is lagging behind in crypto developments
BlackRock CEO Larry Fink said in his annual letter to investors outlining what he contends are the most urgent and rapidly changing developments in crypto and traditional finance. The 9,000-word document, published March 16, touches on everything from the geopolitical crisis and the war in Ukraine to strategies for long-term growth and digital assets to…
Op-ed: TradFi failing is NOT a crypto problem. Blockchain fixes this.
Ad Legacy media quickly reverted to tired and misguided accusations that all of crypto is a scam following the collapse of FTX, Voyager, Celsius, and BlockFi last year. Yet, none of the issues these failed companies faced were caused by blockchain. Instead, criminal activity, greed, poor risk management, novice business processes, hubris, and malicious acts…
Is the crypto industry in danger? VC Nic Carter says Operation Choke Point 2.0 is well underway
Ad According to venture capitalist and longtime crypto supporter Nic Carter, the recent crackdown on the US crypto industry can be dubbed “Operation Choke Point 2.0.” Carter argues that inter-governmental organizations are working to suffocate and destroy the crypto industry. Carter’s post, titled “Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs,”…
Op-ed: The pound’s decline paves the way for Bitcoin adoption in the UK
Ad Global cryptocurrency adoption remains on course to reach approximately 750 million users by the end of 2023, according to Triple-A. Per the report, the top five countries by the estimated number of holders are the U.S., India, Pakistan, Nigeria, and Vietnam at 46 million, 27 million, 26 million, 22 million, and 20 million, respectively….
Cathie Wood remains bullish on Bitcoin, other cryptocurrencies
Ad Cathie Wood, founder and CEO of investment management company ARK Invest, reiterated her bullishness on Bitcoin and other cryptocurrencies in a recent talk at Lyceum Miami with journalist and investor Anthony Pompliano. Wood provided some insights into her investment strategy and outlook for the industry — despite some recent setbacks to the broader crypto…
Does an interchain future mean dApps developers have the responsibility to unify?
Ad On the first day of the city-wide crypto event that was EthDenver, Steven Fluin, Head of Developer Relations at Axelar, put the onus of developers to build a more connected web3 by stating that “dApps developers have the responsibility to unify.” Talking at the InterOp Summit, Fluin began by asking the audience to join…
SEC chair Gensler confirms “everything other than Bitcoin” is a security: Implications and analysis
Ad The following is a guest post from Anndy Lian. SEC Chair Gary Gensler reiterated that Bitcoin is not a security but a commodity under the Commodity Futures Trading Commission (CFTC) purview. He also stated that “everything else other than bitcoin is a security,” which has significant implications for regulating cryptocurrencies and digital assets in the…
Op-ed: It’s now or never for Asia’s TradFi to engage with web3
Ad The following is a guest post from BTSE CEO Henry Liu. When it comes to grassroots retail crypto adoption, Asia is a standout global leader. In fact, Vietnam topped Chainalysis’ 2022 Geography of Cryptocurrency report. Yet for Asia’s traditional finance (TradFi) institutions, it’s a different story. Banks and financial institutions in the world’s most…
Op-ed: Why we need more NFT royalties and less marketplaces
Ad In the fast-evolving world of NFTs, the decision by leading marketplace OpenSea to temporarily eliminate its 2.5% fee on sales and reduce creator royalty protections in response to the emergence of a rival platform, Blur, has sparked a contentious debate. But what if a different world existed, one where artists were freed from the…