In a recent development, the government of the Eastern Caribbean island of St. Martin has proposed a law that would designate TRON as the country’s blockchain infrastructure and TRON-based cryptocurrency as legal tender for everyday usage. Member of Parliament (MP) Rolando Brison, who has been a vocal advocate for the integration of blockchain technology and … Read more
The world of finance is constantly evolving and one of the most exciting developments in recent years has been the rise of cryptocurrency. From Bitcoin to Ethereum and beyond, these digital currencies have captured the attention of investors and enthusiasts alike. But what exactly is cryptocurrency and what are the opportunities and challenges that it … Read more
Nouriel Roubini, also known as “Dr. Doom” for his dire perspectives on global trends, has once again spoken out against the cryptocurrency industry. At the World Economic Forum in Davos, Switzerland, Roubini stated that “Literally 90% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is going bust.” Roubini specifically … Read more
If BitcoinBTCUSD –0.64% is crypto’s answer to gold, Ethereum is the closest thing it has to its own internet. Anyone who wants to mint a new token, launch a crypto app, or spend $150,000 on a Bored Ape nonfungible token, or NFT, probably uses the Ethereum network. More than $3 billion in transaction volume flows through Ethereum daily, traded in … Read more
Use the word “blockchain” in a conversation and the topic will likely gravitate to one of a handful of topics prominent in the news, like cryptocurrencies, the metaverse, and Web3. Theoretical, next-generation technology trends tend to dominate technology discussions. Blockchains have spawned entirely new asset classes for investors in cryptocurrencies and non-fungible tokens (NFT), and … Read more
Wall Street’s biggest banks have largely avoided investing directly in cryptocurrencies. But many are quietly working to integrate blockchain, the technology behind crypto, into trading and other businesses. Goldman Sachs GS -1.48%▼ Group Inc. is already trading some bonds and other debt securities for clients on blockchain-based networks such as Ethereum, and the bank is building its own … Read more
Ether soared to a two-month high after developers successfully completed a final dress rehearsal for a pivotal upgrade expected to happen next month. The world’s second-biggest cryptocurrency reached a price above $1,927 at around 8:20 a.m. ET Thursday, according to data from CoinMetrics. That’s its highest level since early June and a 13% jump in the last 24 … Read more
Blockchain analytics firm Elliptic can now track crypto movements across and between all blockchains concurrently, and in a matter of milliseconds, the company said on Wednesday. Elliptic’s new analytics offering, called Holistic Screening, can be a game changer for companies looking to ensure compliance with regulators, according to a press release shared with CoinDesk. Holistic … Read more
