Blog Archive

5 March 2021 By Evan Fitzgerald

Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions

A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting the degree to which its Tether (USDT) reserves were backed by fiat collateral. ... Read more

17 February 2021 By Evan Fitzgerald

Cardano approaches a new major upgrade as ADA posts an inspired rally

Cardano’s Mary upgrade and token gains are poised to compete with Ethereum, while metrics suggest that Ethereum is still king. The Cardano Foundation's coin ADA, hit its all-time high of $0.97 on Feb. 12, having started the year trading at $0.18, thus entailing 438% gains year to date ... Read more

10 November 2020 By Lilly Harvey

Blockchain adoption 2021: Going mainstream through enterprise use

Optimistic blockchain predictions for next year may be accurate, but a lot of factors will have to fall into place. American market research company Forrester recently released its blockchain predictions for 2021 ... Read more

17 October 2020 By Evan Fitzgerald

Ethereum miners made 450K ETH from high network fees during DeFi peak

On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze. Ether (ETH) miner revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ethereum network saw their revenue increase due to high fees. ... Read more

11 October 2020 By Dominic Robinson

Open sesame: Will ‘cracking’ Monero reveal treasure or fool’s gold?

Three blockchain analytics firms reportedly have Monero-tracking abilities, which could affect XMR price — but can anyone actually track it? Recently, the United States Internal Revenue Service caused a stir in the crypto community when it put a bounty on the head of anonymity-focused crypto-asset Monero (XMR), offering $625,000 to anyone who could effectively track the purportedly untraceable asset. ... Read more

21 September 2020 By Lilly Harvey

Ethereum scalability issues exposed as high gas fees stall DeFi boom

Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network. The crypto market has been on the receiving end of a market downturn during the past week, with many cryptocurrencies facing drops in valuation almost overnight, raising concerns that a bear market has commenced. ... Read more

26 July 2020 By Dominic Robinson

Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen?

The price of Binance Coin has gained almost 20% on Bitcoin in July and this spells bullish for the price of the exchange’s IEO tokens. As the price of Bitcoin (BTC) has been slowly consolidating over the past few months, altcoins have been taking the spotlight. Recently, massive moves were made by Chainlink (LINK), Zilliqa (ZIL) and Elrond (ERD) and that’s just naming a few of the more popular altcoins. ... Read more

17 July 2020 By Evan Fitzgerald

If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?

On-chain and trading data signal that traders have abandoned Litecoin, but for some reason long-term investors are hoarding LTC. Price wise, Litecoin (LTC) has had a pretty rough year and currently the altcoin is down 51% over the past twelve months. ... Read more

10 July 2020 By Evan Fitzgerald

Blockchain Welcomes All, but General Tech Industry Lacks in Diversity

Industry stakeholders say the crypto and blockchain space is becoming more racially diverse as the technology spreads across the world. Financial inclusion is often cited as a reason for the pursuit of crypto and blockchain innovation. With gatekeepers monopolizing the global financial scene, several disenfranchised demographics have seen themselves cut off from viable channels of economic prosperity. ... Read more

5 July 2020 By Lilly Harvey

Interoperable Blockchains May Be the Future of Finance but Have a Ways Yet to Go

As interoperable blockchain solutions gain traction, many believe that the technology is still relatively nascent and needs more polishing. Cross-chain interoperability is a domain that has piqued the interest of many financial institutions over the years, as it stands to produce a technology that can potentially mitigate a whole host of their recurring operational issues ... Read more

3 July 2020 By Lilly Harvey

Here Comes ‘Shelley’: ADA Price Excels With Cardano Upgrade Inbound

Ever since Charles Hoskinson issued an update on “Shelley,” Cardano’s price and community have adopted a bullish mood. Cardano (ADA) has seen its value increase by around 50% since May 25. This recent value hike comes in the wake of project co-founder Charles Hoskinson revealing the roadmap for Cardano’s much-hyped “Shelley” upgrade via a YouTube podcast hosted by crypto pundit Lark Davis, also known as Cryptolark. ... Read more

20 June 2020 By Evan Fitzgerald

Blockchain Can Disrupt Higher Education Today, Global Labor Market Tomorrow

Blockchain can play its part in the education sector — record-keeping in 2–3 years and then adoption by the labor market? In the post-pandemic world, individuals will need to seize ownership and control of their educational credentials — documents like degrees and transcripts — from schools, universities and governments ... Read more

1 June 2020 By Evan Fitzgerald

The Crypto Enthusiast’s Dream: Top Countries That Tick All the Boxes

Alongside the internet, cryptocurrencies have made the world a global village. Here is a list of countries that are ideal for crypto enthusiasts to live in. For crypto enthusiasts, choosing a location to live in that supports an ideal lifestyle extends beyond searching for a city with a high number of shops and retail outlets that accept crypto. ... Read more

30 May 2020 By Lilly Harvey

Making Blockchain Safe and Secure, a Balancing Act That Never Ends

How secure is blockchain technology? Experts weigh in on the complex differences between public and permissioned blockchains. Blockchain technology has become synonymous with privacy and security, but those very characteristics have been put to the test over the past decade ... Read more

5 May 2020 By Lilly Harvey

Ethereum 2.0 Staking Upgrade Can Trigger ETH Price Rally

One analyst suggests staking may trigger a bull run for ETH, but how likely is ETH 2.0 to generate this amount of demand? Ethereum 2.0 has dragged its feet. But when it does finally ship, it could provide the “largest economic shift in society” — or so it’s believed ... Read more

1 May 2020 By Lilly Harvey

Ethereum Developers Roll Up Their Sleeves in Hunt for Scalability Cure

The Ethereum team has been trying to solve the blockchain scalability problem since 2014. During that time, solutions such as Raiden, Plasma, zk-SNARKs, sharding and rollups appeared in the developers’ tool kit. However, the implementation of some of them was constantly delayed, while others proved to be of limited efficacy. ... Read more