Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs. Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent accusations against Do Kwon, according to…
Could the convergence of decentralized financial paradigms and neobanks make a difference in the financial industry? As people become accustomed to traditional, online-only banking, crypto innovators are building decentralized solutions that could radically change everyday finance. A quick Google search of the term “neobank” will bring up the 2007–2009 crisis for a good reason. In…
Bitcoin’s future is overwhelmingly bright, and short-term price pressures should not distract investors from a future global asset class, says the Capriole Investments founder. Bitcoin stands to win big thanks to the BlackRock exchange-traded fund (ETF), investor and analyst Charles Edwards believes. In his latest interview with Cointelegraph, Edwards, who is founder of quantitative Bitcoin and digital asset fund…
According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins. Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the…
The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent. Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation. On July 20, the Solana Foundation released its latest…
A Binance spokesperson highlighted that there are things to be wary of when liquid staking, including smart contract vulnerabilities, slashing risks and price fluctuations. Liquid staking is a decentralized finance (DeFi) subsector that lets users earn yield by staking their tokens without losing their liquidity. It has become the biggest DeFi sector in terms of total value…
Chingari started the migration to Aptos in July, seeking an enhanced experience for users following Solana’s network outages in 2022. The Aptos blockchain has seen a surge of activity following its integration with Chingari, an Indian social media platform previously powered by Solana. According to on-chain data, the number of new users jumped 900% over the previous…
Prioritizing the ideas in the Bitcoin white paper instead of perceiving crypto as a forex market could have dramatically changed today’s cryptocurrency use cases. Ignoring the original, utility-driven ideas introduced in the early documents on digital cash became the new normal once adopters stumbled upon a cryptocurrency price ticker. Are new price tickers a sign…
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct in the crypto space in the…
ZK-proofs could help online privacy by only revealing relevant user information, solving the internet’s “biggest problem,” says Brennen Schlueter. Zero-knowledge proofs could be used to solve the “biggest problem” plaguing the internet today: privacy, according to one cryptocurrency executive. Speaking with Cointelegraph at the Ethereum Community Conference (EthCC) the marketing chief at privacy-focused infrastructure platform…