Tokens have become a popular way for crypto projects to raise money quickly and efficiently. By creating and selling “native tokens”, these projects can attract investors and secure funding without needing traditional methods like venture capital or bank...
The rise of commodity-backed stablecoins this year has captured quite some attention, especially as an alternative to fiat-backed stablecoins and the volatile broader crypto market. As of August 1, 2024, their total market capitalization reached $1.3 billion, led...
The Japanese yen is a relatively volatile currency at the moment. In April 2024, the yen reached a 34-year low, trading at 160.15 yen per U.S. dollar, its weakest since 1990. Despite this, GMO-Z.com Trust Company made a...
With the Ethereum ecosystem's rapid expansion, it's becoming increasingly challenging to manage proof verification costs efficiently. The cost varies depending on the proof system used and the availability of precompiles. Groth16 costs about 250,000 gas, STARKs costs over...
DeFi changes how we handle money - banks, payment processors and almost all financial intermediaries we use today will become obsolete, practically, with DeFi. But this shifts the responsibility of securing our money to us and the platforms...
It is 2024 already, and the NFT market still looks a pale shadow of its heyday. Once the darling of the crypto world, NFTs have now been relegated to the lower leagues. The initial excitement has faded, and...
Bitcoin mining companies worldwide have been observed in recent times to be shifting from relying on debt to raising funds through equity to stabilize their finances and position themselves for long-term success. Well-known companies such as Frankfurt-based Northern...
In just nine months, spot Bitcoin ETFs have gone from the new kid on the block to the life of the party. Over $4.6 billion worth of units of these ETFs were traded within 24 hours of their...
Ethereum’s L1 network revenue is haemorrhaging pretty badly. It crashed by a whopping 99% from a peak of $35.5 million on March 5, 2024, to a mere $578,000 as of September 2, 2024, raising valid concerns about the...
Over the last five months, zkSync, a prominent Layer 2 (L2) solution for Ethereum, has experienced a sharp decline in network activity, leaving many to question its fall from grace. Once hailed for its potential to enhance scalability...
