Vocal Ethereum researcher Max Resnick jumps ship to join Solana
Max Resnick became increasingly critical of Ethereum’s layer 2 scaling approach in recent months, suggesting it should have focused its scaling efforts on the base layer like Solana.
Related Posts


OmiseGo Partners With Singapore Ride Hailing App to Trial Blockchain Solutions
Ethereum-based payment platform OmiseGo and blockchain protocol Mass Vehicle Ledger (MVL) have partnered to research blockchain technology, according to a press release shared with Cointelegraph Nov. 14. MVL is the protocol behind popular Singapore ride hailing app TADA.MVL and OmiseGo will develop a Proof-of-Concept (PoC) to ascertain whether the decentralized OMG Network is suitable for…

Hamster Kombat turns down venture capital offers
Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development.

VORTECS Report: Altseason indicator flips to Bitcoin even as Rally and Polygon surge
Crypto investors are scratching their heads this week, as a key indicator suggests that Bitcoin is about to take center-stage once more — even as Cointelegraph Markets Pro subscribers had the opportunity to take major profits on altcoins such as Rally (RLY), Polygon (MATIC) and Ampleforth (AMPL).Since Markets Pro was launched in January, the Altseason…

BTC price gets $36K FOMC target as Bitcoin prints 29% ‘Uptober’ gains
Bitcoin (BTC) has seen its highest monthly close since May 2022 after “Uptober” delivered near 30% BTC price gains.BTC/USD 1-month chart. Source: TradingViewMonthly close boosts Bitcoin bull market hopesData from Cointelegraph Markets Pro and TradingView confirms Bitcoin bulls successfully held on to upside into Nov. 1.After navigating a choppy mid-month trading environment, hodlers were treated

U.S. Crypto ATM Network Helps to Promote Social Distancing
Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high traffic areas. The company is undertaking…

$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: Report
To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FTX to charity. 930 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTFollowing the collapse of FTX and its Nov. 11 bankruptcy filing, $73 million worth of its political donations is…

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC
Ether's performance against Bitcoin is at its lowest in nearly five years, with some investors calling it a “completely dead” investment — but not all crypto traders agree. 8062 Total views 10 Total shares Ether's (ETH) declining appeal as an investment comes from layer-2s draining value from the main network and a lack of community

New York Times: Facebook Reportedly Shopping ‘Facebook Coin’ to Crypto Exchanges
Facebook is “hoping to succeed where Bitcoin failed” with its highly secretive cryptocurrency project, a New York Times (NYT) article published today, Feb. 28, argues.Citing multiple anonymous sources who spoke on the condition of anonymity, the Times pieces together the alleged contours of the project, which will reportedly aim to integrate cryptocurrency payments into its…