What is Metcalfe’s Law, and why does it matter?
Metcalfe’s Law suggests that the more people who use a cryptocurrency, the more valuable and useful it becomes. Source link
Blockchain News
European digital asset manager CoinShares’ revenue up 33% in Q2
CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue...
BALD token developer denies rug pull as price falls 85% post-launch
A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled 1,034 Ether in liquidity, worth approximately...
DOJ wants SBF’s bail revoked over witness tampering, diary leak allegations
According to a July 28 court filing, the United States Department of Justice (DOJ) is seeking the revocation of Sam...
Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Seda co-founders discuss intersection of oracles and multichain
The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse...
Optimism transaction volumes surpass Abitrum’s for the first time in six months
The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27...
EOS Foundation to sue Block.one for alleged failure to honor $1B commitment
The EOS Network Foundation (ENF) is the latest entity to initiate legal action against major investor Block.one (B1) over its...
Zero-knowledge tech development heats up amid bear market
Zero-knowledge (ZK) proofs, or cryptographic methods that allow one party to prove to another party that something is true without...
Users are the real losers
When Threads launched on July 5, it reported gaining more than 100 million organic users in the first five days,...
What is the difference between DApps and protocols?
In recent years, the rise of blockchain technology has paved the way for groundbreaking innovations in the realm of decentralized...
Crypto VC funding tumbles as economic uncertainty scares off investors
The month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million raised in...
Aptos’ new user growth hits 900% after integration with social media app Chingari
The Aptos blockchain has seen a surge of activity following its integration with Chingari, an Indian social media platform previously...
Scientists warn the ‘quantum revolution’ may stagnate economic growth
Quantum computing technologies are slowly beginning to trickle out of the laboratory setting and into commercial industries. While it remains...
dXdY Foundation CEO Charles d’Haussy
Decentralized finance (DeFi) organization dYdX Foundation, an independent nonprofit founded to support the dYdX protocol, recently launched a public testnet...
Bitcoin and crypto brace for further upside as equities look to extend their recent gains
The long-awaited recession and resulting resumption of the 2022 bear market that many have been expecting have failed to materialize...
Celo blockchain proposes return to Ethereum ecosystem, transition to L2
CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from...
5 peer-to-peer (P2P) lending platforms for borrowers and lenders
Peer-to-peer (P2P) lending, which links borrowers and investors directly, has become a well-liked substitute for traditional banking. P2P lending networks...
Filecoin storage utilization surpasses 7% in Q2: Report
According to a July 13 report by Messari, Filecoin currently averages 954.2 pebibytes (1.07 billion gigabytes) worth of storage deals...
Celsius Network fined $4.7B by FTC
The United States Federal Trade Commission has issued a $4.7-billion fine against bankrupt crypto lender Celsius Network. However, the judgement...
Cosmos-based Osmosis launches concentrated liquidity, lets LPs choose price
The Cosmos-based decentralized exchange Osmosis (OSMO) has launched a new “concentrated liquidity” feature, according to a July 12 announcement from...
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
A third straight week of positive digital asset inflows has fully corrected nine previous weeks of outflows for the market,...
