Bitcoin’s Perfect Storm of Good Fortune
New exchanges could inundate the cryptocurrency with cash
New exchanges could inundate the cryptocurrency with cash
Decentralized finance may benefit from the SEC’s decision to shut down staking by cryptocurrency exchanges The U.S. Securities and Exchange Commission has forced the Kraken cryptocurrency exchange to shut down its staking service and pay $30 million in fines. It’s part of a crackdown on such staking services. Let’s examine the mechanics of staking and … Continued
Cryptocurrency and its underlying technology will survive the FTX debacle Chaos reigns in the crypto markets. But the problem isn’t with the underlying blockchain. The fault lies with the centralized crypto exchanges (CEXs) that take custody of their customers’ cryptocurrency. Satoshi Nakamoto, the possibly fictitious inventor of Bitcoin, didn’t intend for institutions like FTX to … Continued
Ethereum, the second-biggest cryptocurrency network, has sliced its energy use and is preparing for higher volume and lower prices In one of the most highly anticipated events in the history of cryptocurrency, the Ethereum network has successfully merged its execution layer with that of the Beacon chain. This combination of execution layers, which took place … Continued
Technology safeguards cryptocurrency by creating an immutable ledger and banishing less-than-reliable humans from the equation To understand the value of cryptocurrencies—or lack thereof—investors can begin by cultivating a working knowledge of the underlying technology: the blockchain. Bitcoin, Ethereum and the other 19,000 or so versions of peer-to-peer money are simply components of blockchains. But blockchains … Continued
These videos, websites and white papers provide the basics on cryptocurrency and blockchains Starting a cryptocurrency education can be daunting. A Google search for “cryptocurrency resources” yields more than 100 million results. It’s difficult to know where to go for the best news and research, what tools are at your disposal, and how all this … Continued