If you were an early backer of Solana, a leading “Ethereum killer” blockchain targeting decentralized finance (DeFi) and other decentralized-application (DApp) developers, you’re probably rich. One of several blockchains that sought to build a better smart contract platform than overburdened, overpriced and under-scaled Ethereum, Solana’s...
The project to create a faster, cheaper and more scalable version of Ethereum hit an important milestone this week, marking the beginning of the end of a long-delayed and increasingly necessary project to build a better blockchain. The Ethereum 2.0 project will boost the transactions...
There’s been some coverage of recent comments by Ethereum creator Vitalik Buterin saying that the second-largest blockchain can’t get any faster than it is now. Which seems to contradict what he and all the other top developers on Ethereum 2.0 have been saying for years:...
Decentralized finance, better known as DeFi, is the hottest segment of cryptocurrency right now. In large part, that’s because it goes even further than crypto’s goal of cutting financial middlemen like banks out of the payments process. It even cuts crypto companies out, leaving nothing...
Given the dramatic changes in the world’s financial systems —cryptocurrencies, stablecoins, central bank digital currencies (CBDCs) and FinTechs — one could think it’s impossible to determine which one is more revolutionary. But when we posed the question to Eswar Prasad, professor of international trade policy...
Millions remain excluded from mainstream formal financial markets in emerging and developing markets, but the rapid rise in internet and smartphone adoption in the last decade has led to a boom in mobile money service, accelerating progress toward universal financial access and helping to increase...
Throughout this series of articles, we’re looking at the top blockchains in cryptocurrency to help you make sense of the alphabet soup of so-called “altcoins” that exists beyond that of bitcoin’s BTC and Ethereum’s ETH. We will look at what they are, how they work,...
Blockchain gaming giant Animoca Brands is breaking ranks with most of its peers and blocking Russia from its platform in response to the invasion of Ukraine, Bloomberg reported on Wednesday (March 2). While sanctions against Russia continue from most corners of the map and from numerous...
The growth of new bitcoin ATMs that let people buy and sell cryptocurrencies slowed in the first two months of the year, with just 1,817 installed, compared with 2,435 in the same period last year. That’s despite news like bitcoin ATM operator LibertyX’s acquisition by...