This week, Glenn Williams Jr. tackles one of the core bits of infrastructure that anyone in the hunt for crypto investments must grasp. Then, Todd Groth of CoinDesk Indices wades into one of traditional finance’s biggest numbers: $7 trillion.
Bitcoin market cap ‘flips’ payments giant Visa for the 3rd time
While the collapse of FTX shaved $100 billion off of BTC’s market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion.
Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO
Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder.
App-specific blockchains remain a promising solution for scalability
Building an interoperable network of blockchains dedicated to a specific purpose appears to be a viable alternative to layer-2 scalability solutions.
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain.
Celestia Foundation raises $55M for modular blockchain architecture
The company claims that the technology will solve the challenges inherent when deploying and scaling blockchains.
Ripple wants to bring Ethereum smart contracts to the XRP Ledger
The EVM-compatible XRP Ledger sidechain is set to undergo its second phase in early 2023 — which will make the chain permissionless and improve scalability.
Fan token firm Chiliz grows staff by 70% despite crypto winter
Scalability is one of the possible reasons for the fun token industry to grow despite the ongoing bear market, according to Chiliz and Socios CEO.
Algorand upgrade boosts speed, adds trustless cross-chain communication
Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade.
Helium devs propose ditching its own blockchain for Solana
The transition to Solana would improve network scalability, which in turn would bring “significant economies of scale” to the network, according to Helium core devs.
Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us.
Ethereum will outpace Visa with zkEVM Rollups, says Polygon co-founder
A new scaling solution, zkEVM Rollups, could allow Ethereum to overcome Visa in terms of transaction throughput, says Polygon co-founder Mihailo Bjelic.
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
Ethereum’s imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin.
Bitcoin is for billions: Fedimint on scaling BTC in the global south
A community custody protocol, Fedimint wants to scale the Bitcoin network to a billion users located in the global south.
Time to accumulate? 5 sectors to watch during crypto winter
Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation.
3 reasons why Polygon (MATIC) is up 100%+ during a bear market
Steady adoption and internal growth back MATIC’s 118% gain, even as most altcoins struggle to hold on to their short-term gains.
Can Cardano’s July hard fork prevent ADA price from plunging 60%?
ADA’s price is above a key technical support level in the days leading up to the major Cardano upgrade.
TrueFi launches on Optimism, expanding access to on-chain credit
Several projects have launched on Optimism this year with the goal of giving users instant transactions and lower gas fees.
Can Solana become the dominant PoS chain despite persistent outages?
The Solana network seems to be battling persistent outages while seeking to address the industry’s trilemma.
Hop Protocol reveals details of Hop DAO and Optimism-style airdrop
Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens.