Deutsche Bank builds L2 blockchain on Ethereum: Bloomberg
    19 Dec 2024
    10 Views

    Deutsche Bank, Germany’s largest lender, is reportedly developing its own layer-2 (L2) blockchain on Ethereum using ZKsync technology to address compliance challenges associated with using public blockchains in regulated finance. The L2 solution, part of Project Dama 2, looks to improve transaction efficiency and secure regulatory safeguards, integrating directly with Ethereum, according to Bloomberg. Project Dama 2…

    BlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t change
    19 Dec 2024
    14 Views

    The debate over whether Bitcoin’s 21 million supply cap is truly fixed has resurfaced after BlackRock posted a three-minute Bitcoin explainer video, which added a disclaimer saying there’s no guarantee it won’t be changed. Bitcoin’s fixed supply is one of its strongest propositions as a store of value, and uncapping it would impact how investors…

    Trump’s inauguration may trigger crypto sell-off, says Arthur Hayes
    19 Dec 2024
    22 Views

    Cryptocurrency market commentators and observers have predicted positive market trends associated with United States President-elect Donald Trump’s inauguration in January 2025, but BitMEX co-founder Arthur Hayes has a different perspective. Hayes cautioned against the high expectations of quick crypto policy changes promised by Trump, highlighting a gap between market anticipation and the realities of policy implementation….