Author: Denis Staggi

Cryptocurrency mining and maintaining the work of blockchains in general are associated with high electricity consumption. Often this energy comes from burning fossil fuels, which causes great harm to the environment. There are two ways out of the situation: either using green energy or switching to PoS en masse. Recently, Bloomberg reported that electricity consumption…

It seems that the adoption of cryptocurrencies in Latin America is moving full steam ahead. Following El Salvador, Cuba has in one fell swoop legalized bitcoin as a means of payment. A few other countries are either getting ready to follow suit, like Panama, or are already de facto using crypto, like Venezuela. Recently, Cuba…

Exclusive interview for Gulf Crypto Insight Manta is a set of easy-to-use and secure open-source and verifiable protocols based on the Substrate framework. It uses zk-SNARK to provide complete end-to-end anonymity, high bandwidth, and strong inter-network compatibility (supports Polkadot’s main cryptocurrencies and stablecoins on the parachain). Manta includes a decentralized privacy payment protocol and a…

You don’t often see this technology featured in crypto news. But it works and allows you to create quite efficient distributed services, especially when it comes to payment systems. It was recently revealed that the USDC token, previously launched on Ethereum, Algorand, Stellar, and Solana, would soon also be available on Avalanche, Celo, Flow, Hedera,…

The sudden drop in cryptocurrency prices and the overall market drawdown certainly demand an explanation. And while many analysts were quick to link the events with what’s happening in China, we may also be able to suggest some alternative reasons. On September 20, Bitcoin’s updated monthly low fell below $ 42,500. In just a day,…

Almost everyone at his point knows what “decentralized finance” is. However, generally speaking, the DeFi sector has not yet reached the mass adoption stage. In terms of attitude to it, the situation with DeFi now resembles the situation with cryptocurrencies at the very beginning of 2017. It’s important to note the high rankings of such…