Author: Crypto Insider

The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets. The European Central Bank (ECB) has published a summary of the results of its digital euro central bank digital currency prototyping exercise. The exercise investigated offline use of a simulated digital…

Memecoins have come a long way from the early days of being joke cryptocurrencies. Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin in 2013, inspired by an internet meme and a critique of the wild crypto market at the time. Dogecoin was developed by software developers Billy Markus and Jackson…

The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city. The capital of China’s Henan Province, Zhengzhou, on May 24, announced a series of policy proposals designed to provide support for metaverse companies operating in the region. As part of these initiatives, the municipal government intends to establish…

The founder of Digital Bitcoin Art and Assets believes that smart contracts on Bitcoin could solve the myriad problems created by Ordinals. Gideon Nweze, the founder and CEO of the newly launched Digital Bitcoin Art and Assets (DIBA) nonfungible token (NFT) marketplace, believes there’s an alternative way to bring NFTs to Bitcoin that doesn’t impact…

Ron DeSantis understands the ethos of cryptocurrency. For single-issue crypto holders, that puts him ahead of the pack in the 2024 presidential race. Crypto Twitter discussions about law and policy are informed chaos, a specialized cacophony. Despite the drama involved with Gov. Ron DeSantis’ announcement on Twitter that he was running for president in 2024,…

The proof-of-stake-and-activity (PoSA) consensus mechanism adds an extra layer of security to blockchain. Bitcoin launched with the ideal technology for the era it was introduced in. Proof-of-work (PoW), the underlying consensus that predates the first cryptocurrency, provides a self-sustaining mechanism where numerous miners around the world can contribute to verifying BTC transactions. As the crypto ecosystem expanded and…