Category: Reviews

TIME Will Invest In Bitcoin and Partner With Grayscale

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Key Takeaways TIME says that it is creating a series of educational crypto videos with the investment firm Grayscale. The company also plans to put Bitcoin on its balance sheet and pay its president, Keith Grossman, in Bitcoin. TIME previously created a series of NFTs and is planning to accept crypto as payment for subscriptions. Share this article TIME Magazine is taking further steps toward crypto adoption, as revealed today by Grayscale CEO Michael Sonnenshein. Three Big Announcements Sonnenshein noted that the company is taking three actions. First, TIME is…

New York Stock Exchange Launches First Trade NFTs

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Key Takeaways The NYSE has created a series of six NFTs to commemorate the first trades of various stocks. The lineup includes tokens related to Spotify, Unity, Roblox, DoorDash, Snowflake, and Coupang. The NFTs are listed on Crypto.com’s NFT trading platform. Share this article The New York Stock Exchange (NYSE) has launched a series of crypto collectibles, also called non-fungible tokens or NFTs. Tokens Commemorate First Trades The exchange has created six tokens that commemorate the first listings of publicly traded companies. NYSE president Stacey Cunningham wrote in an announcement:…

Coinbase Listing Will Cause “Crypto Gold Rush”, Say ETF Investors

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Key Takeaways Coinbase’s stock listing on the stock market is promoting bullish sentiments around Bitcoin and crypto. Galaxy Digital joins the list of Bitcoin ETF applicants with a registration filling this morning. Finance experts are hopeful for a Bitcoin ETF approval this year. Share this article Coinbase’s COIN stock listing and anticipation around Bitcoin ETF offerings will lead to the next phase of institutionalization of Bitcoin and crypto markets, according to experts.  The Picks and Shovels of Crypto Industry  Coinbase is the first U.S.-based exchange to obtain a green light…

Binance Smart Chain Centralization Levels Spell Trouble for BNB

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Key Takeaways Binance Coin has posted year-to-date returns of over 1,600%, rising to a new all-time high of $640.50. Whales have gone into a buying spree due to the success Binance Smart Chain has had. However, claims over high centralization levels combined with multiple technical sell signals could spell trouble for BNB. Share this article Speculation mounts around Binance as some believe it could become the world’s leading settlement layer. However, new research reveals high centralization levels in Binance Smart Chain, which might affect BNB’s price action. Binance Smart Chain…

Yearn.Finance Adding $100 Million Daily With $2.5B TVL

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Share this article Yearn.Finance has seen astronomical growth in the last few weeks as the protocol’s total value locked reached $2.5 billion. Yearn’s Active Asset Management Is Underrated After bursting onto the DeFi scene in August 2020, the project seems to have truly hit its stride in the last few months. In their most recent weekly update State of the Vaults, they announced they passed the milestone of $2.5 billion locked in their vaults. Total Value Locked in Yearn.Finance passes $2.5B. Graph from Yearn.Finance. Behind this rise in price is…

Why Are Gas Fees So Low? Inside ETH’s Secret Bot Wars

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Key Takeaways Arbitrage bots snipe pending transactions by copying them and adding a higher gas price. This creates gas bidding wars to profit from large transactions, raising gas prices for regular users. The Flashbots team have helped significantly reduce gas fees in recent days. Share this article In Ethereum’s “dark forest,” one brave dev team has taken on the hard task of slaying the arbitrage bots that have spiked gas prices and extracted $370 million from regular DeFi users. The War Against High Gas Prices Gas prices dropped significantly over…

GameStop Job Listing Hints at Crypto or NFT Project

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Share this article NASDAQ-listed retail business GameStop is looking for a security analyst with experience in cryptocurrency, blockchain, and NFT.  GameStop Joins Crypto Bandwagon  The additional skills and experience section of GameStop’s recent job posting for a security analyst states that ideal candidates will have experience with “blockchain, cryptocurrency, and non-fungible tokens.” The vacancy has opened at GameStop’s headquarters in Grapevine, Texas.  The U.S.-based franchise for retail gaming and trade-in made the front page of financial news worldwide after a social media-powered buying led to a historic short-squeeze, pumping GME…

Stellar Primed to Break Out as Institutions Buy XLM en Masse

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Key Takeaways Stellar recently made a new yearly high of $0.66. On-chain data shows that Grayscale has been adding many tokens to its holdings to meet institutional demand. As buying pressure mounts, XLM seems primed to advance further. Share this article Stellar entered a new uptrend that has seen it rise over 60% since the beginning of the month. While institutional investors continue scooping up more XLM, prices look poised to break out.   Institutional Demand Skyrockets Institutional demand for XLM seems to be picking up at an exponential rate. Although…

Coda Protocol Code Review: Ultra Compressed Blockchain

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Coda Protocol code review, wondering if their claims make any sense. Over here, look! The Ethereum blockchain, currently 667GB! And over here, Coda… which claims that a pinch of recursive composition of zk-SNARKs and some clever ideas can reduce the size of their chain into a “tiny snapshot”. Mass adoption anyone? So, anyway. Coda is a new cryptocurrency with a constant size blockchain, improving scaling while maintaining decentralization and security. No need to store the entire blockchain for verification. Instant mobile syncing (or somewhat instant, let’s be serious for a…

Chainspace Code Review: Sharded Smart Contracts

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Chainspace is a platform for creating a distributed web of blockchains that – like many before it – seeks to create the Ultimate Answer To Life, The Universe, And Everything. (Or, as we refer to it in crypto, Scalability, Speed, and Security.) In my code review I point out that it might even work. I have to admit, I’m excited. I loved their paper, I love their published work, I really admire the team. I’m very excited that I got my hands on the code. “Sharded smart contracts, decentralized infrastructure…