Author: CryptoHoppers
The key difference between layer 2 and execution sharding lies in the variety of execution environments. The Ethereum L2s have successfully performed the roles of execution environments, and the focus of the discussions of the contemporary age is on the EVM equivalent of layer 2. Approaches like Arbitrum Stylus, Aztec, and Fuel showcase diversified approaches. … Source link
BlackRock’s spot Ethereum ETF, $ETHA, is now listed on DTCC following SEC’s approval of multiple Ethereum ETFs. The post BlackRock’s Ethereum spot ETF listed on DTCC under ticker $ETHA appeared first on Crypto Briefing. Source link
The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some cryptocurrency systems may be “prone to crisis without safeguards.” RBI Bulletin’s Crypto and Defi Warnings India’s central bank, the Reserve Bank […] Source link
MicroStrategy stock has outperformed BTC, miner stocks and Coinbase’s COIN. Despite having more upside potential on price charts, MSTR could be affected by BTC’s pullback. MicroStrategy’s stock [MSTR] was apparently the best-performing share with Bitcoin’s [BTC] exposure last week. MSTR shares rallied 34% last week and reclaimed the $1500 level, boosted by the BTC recovery and MicroStrategy’s inclusion in the MSCI Index. The rally extended into the current week and hit a high of $1740, tucking an extra +4% as of 22nd May. Overall, the MSTR’s remarkable double-digit performance eclipsed even Coinbase [COIN] and several other Bitcoin miner stocks. MicroStrategy…
The U.S. House of Representatives approved bill FIT21 by a majority of 279 to 136, pushing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century Act (FIT21) could significantly impact the cryptocurrency market, signaling bullish sentiment across the market. This bill is a significant step toward comprehensive regulation of digital assets in the United States, potentially shaping the future of cryptocurrency trading and investment. What is FIT21? The FIT21 bill, produced by the House Agriculture Committee and the House Financial Services Committee, aims to clarify how the SEC classifies crypto by creating…
Share this article It was, back then, a new transaction, conceived from peer-to-peer friendships, and dedicated to the proposition that commerce on the Internet has come to rely almost exclusively on financial institutions.Now we are almost a decade and a half on, in a movement that could test whether the ideas conceived by Satoshi Nakamoto can endure. We are met with regulatory hurdles, we have come to a point where the people are divided as a new regime looms ahead. Many of us have dedicated our lives so that this idea lives on.It is altogether fitting and proper that we…
Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will […] Source link
As more users adopt cryptocurrencies and decentralized applications (dApps), the need for secure, private, and seamless cross-chain interactions has become increasingly apparent. Enter Namada, a protocol designed to address these concerns head-on. Namada is a proof-of-stake Layer 1 blockchain that aims to revolutionize the way users transact and interact with digital assets across multiple networks. By leveraging cutting-edge cryptographic techniques and innovative architecture, Namada enables users to transfer various digital assets, both fungible and non-fungible, with unparalleled privacy and security. The importance of privacy in the blockchain ecosystem cannot be overstated. While traditional blockchains offer a degree of pseudonymity, transactions…
The Punk In Residence Program Yuga Labs recently introduced the Punk in Residence program, aimed at fostering on-chain collaborations and stimulating creative experimentation within the NFT space. The initiative selected artist Nina Chanel Abney to spearhead the program, culminating in her “Super Punk World” collection. This debut included an event at The School at the Jack Shainman Gallery in New York, where the new NFTs were showcased. Abney’s Artistic Vision Nina Chanel Abney’s work integrates her distinct style, reinterpreting iconic CryptoPunk traits. She stated, “CryptoPunks are an iconic, pioneering project that has played a crucial role in the creation of…
The Bitcoin Policy Institute, a non-profit organization supporting bitcoin initiatives, has launched the Peer-to-Peer Rights Fund, a project seeking to protect bitcoin’s decentralized nature from regulatory overreach. The fund’s first objective is to aid in the defense of the founders of Samourai Wallet given the relevance of the case for the industry. Peer-to-Peer Rights Funds […] Source link