Solana illustrates the dark side of monolithic blockchains
Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand.
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The metaverse is happening without Meta’s permission
In changing the name of its parent company to Meta, Facebook put a stake in the ground: It would be the symbol of the evolution of the internet, the metaverse. Whether we liked it or not.According to Meta, the metaverse is “a set of digital spaces to socialize, learn, play and more.” Its first true…

Bitcoin to Be Worth ‘Great Deal More’ in Three Years, Circle Co-Founder Says
Jeremy Allaire, co-founder of crypto finance company Circle, told CNBC in an interview Friday, Dec. 14, that Bitcoin (BTC) will be worth “a great deal more” than it is now.When asked about the Bitcoin price in three years, Allaire told Squawk Box host Andrew Ross Sorkin that he does not make “significant price predictions,” while adding,…

Blockchains Are an Excellent Solution for Privacy, Part 1
Several data violations, like the Cambridge Analytica scandal, have brought forth questions regarding how companies and governments should deal with the data entrusted to them, and they have also increased the search for the development of new technologies to preserve the privacy of companies and users.Consequently, countries and regulators have rushed to set new compliance…

Lightning Network faces criticism from Pro-XRPL lawyer John Deaton
John Deaton's remarks come amidst concerns about alleged backdoors in the Bitcoin Lightning network's code. Lawyer and cryptocurrency proponent John Deaton has criticized the Lightning Network, deeming it less effective than the 'Spend The Bits' protocol on the XRP Ledger (XRPL). The Lightning Network is the second-layer solution built over the Bitcoin blockchain. It is

Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance
The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year. 944 Total views 32 Total shares According to The Nihon Keizai Shimbun (Nikkei), one of the world's largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan's Financial Services Agency,…

SEC was “asleep at the wheel” about FTX – US Rep. Sessions
The Texas Congressman urged lawmakers to examine the SEC's efforts to prevent fraud at the crypto exchange. 170 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe Securities and Exchange Commission (SEC) was "asleep at the wheel" regarding how FTX Group and its subsidiaries met financial and corporate…

Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee
“With Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans,” said Emmer.

BitMEX Releases Fork Monitoring Tool in Run-Up to Bitcoin Cash Hard Fork
The research arm of major Hong Kong-based cryptocurrency derivatives platform BitMEX announced it had launched a network monitoring tool for Bitcoin (BTC) and Bitcoin Cash (BCH) in a blog post Nov. 5.BitMEX described the new resource, ForkMonitor.info, as “useful for monitoring the situation during network upgrades (softforks or hardforks), as well as being potentially useful…