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Michael 1716 posts

Venture Capital Firms Invested $30 Billion In The Cryptocurrency Industry In 2021

Michael Jan 4, 2022
Cryptocurrency has been growing at a rapid pace over the past few years. The industry will continue its growth with increasing investors and traders. Venture…

Top 3 Layer 2 Solutions for Ethereum

Michael Jan 4, 2022
Layer 2 solutions are a set of protocols that run on top of the Ethereum blockchain. These protocols allow for more functionality and improved efficiency to be…

Coinbase executive: Major Ethereum scalability improvements coming soon

Michael Jan 4, 2022
According to Coinbase's Chief Product Officer, Surojit Chatterjee, Ethereum scalability will make significant progress in 2022. There is a lot of speculation in…

The Number Of Countries Banning Cryptocurrency Has Increased Significantly Over The Past…

Michael Jan 4, 2022
Cryptocurrency is still in its infancy. However, a few countries have either completely banned or severely restricted the usage of cryptocurrency. Over the past…

Eminem Joins The Bored Ape Yacht Club! The Rapper Paid Over 120 ETH For NFT

Michael Jan 3, 2022
The most famous rapper on the planet has joined the Bored Ape Yacht Club (BAYC). This was due to Rap God's purchase of one of the digital monkeys for 123.45 ethers…

El Salvador’s president: two more countries will adopt BTC by 2022

Michael Jan 3, 2022
Nayib Bukele became the first president to adopt bitcoin as a legal tender last year. Now He believes that two more countries will follow suit in the new year. …

Mexico plans to introduce CBDCs by 2024

Michael Jan 3, 2022
The Mexican central bank (Banco de México) has announced it plans to issue its own digital currencies by 2024. Thus, Latin American nations have joined China,…

Russian mining operations blamed for power outages in Irkutsk

Michael Jan 3, 2022
The power outages in Irkutsk have been attributed to Russian cryptocurrency miners operating from their residences. In the area of Russia, where energy costs are…

Ethereum 2.0 Deposit Contract Sets a New Record

Michael Jan 3, 2022
More people choose to invest in Ethereum 2.0 deposit contracts as Ethereum gets closer to switching PoW off. On-chain analytics service Glassnode has reported…

UAE Is Taking A Hard Line Against Cryptocurrency Fraudsters

Michael Jan 2, 2022
The UAE is cracking down on crypto scammers to stop all industry fraud. Regulators say anyone involved in a crypto scam faces up to five years in prison and a heavy…
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