Berachain, the hottest topic at Token 2049 in Singapore, could grow into a significant competitor to Solana. Berachain is branded as a “high-performance” layer-1 (L1) blockchain, aiming to turn liquidity into security through its unique proof-of-liquidity (POL) consensus mechanism. While most investors are preoccupied with altcoins like Ripple’s XRP overtaking Ether, some suggest that the real competitor…

Colin Butler, Global Head of Institutional Capital at Polygon Labs, believes that real-world asset tokenization for institutional clients may be the killer application for cryptocurrencies because it dramatically reduces costs and settlement time — becoming increasingly difficult for traditional financial institutions to ignore. “This technology is a massive disruptor for the entire global financial system,”…

BitMEX co-founder Arthur Hayes believes the Federal Reserve’s recent rate cut was likely politically motivated and could impact markets and inflation. Speaking to Cointelegraph at Token2049 in Singapore on Sept. 18, Hayes shared his thoughts on the Fed’s recent action, speculating it could be part of an effort to bolster support for the Democrats. “I have a…

Ethereum co-founder Vitalik Buterin stated on Sept. 12 that he will no longer consider a network a “layer 2” if it has not reached “Stage 1” by the end of the year. “The era of rollups being glorified multisigs is coming to an end,” he stated, adding that “the era of cryptographic trust is upon us.”…

Two Republican lawmakers are demanding United States Securities and Exchange Commission Chair Gary Gensler answer questions about the classification of crypto airdrops by the end of the month. Representative Tom Emmer and House Financial Services Committee Chairman Patrick McHenry said in a Sept. 17 letter to Gensler that they’re concerned after the SEC made “assertions about airdrops” in various…

Singapore’s DBS Bank will launch over-the-counter (OTC) crypto options trading and structured notes for its institutional clients. On Sept. 17, the bank announced that it would offer financial products linked to the price of Bitcoin and Ether, the two biggest digital assets by market cap. DBS said that starting in the fourth quarter of 2024, clients…