In 2021, Coinbase vowed to become the Amazon Web Services of crypto. Now, it’s targeting Web3 development through Coinbase Cloud. Blockchain infrastructure platform Coinbase Cloud has officially rolled out its Web3 developer platform, allowing users to build new decentralized applications free of charge. The new developer platform, dubbed Node, allows users to create and monitor...Continue Reading
Government disdain for end-to-end encryption is nothing new. The effort to kill Tornado Cash is just the latest chapter in this age-old war. The sanctions imposed by the United States government on Tornado Cash have reignited a public debate on privacy. For many in the relatively young crypto community, such an intervention by the federal...Continue Reading
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000. Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal Open Market Committee’s interest rate decision. BTC price holds $19K...Continue Reading
Are there too many cryptocurrencies? Choice can be a good thing — but not all digital assets are born equal. The cryptocurrency industry has grown at a staggering pace. There are now almost 21,000 different coins in existence, across a variety of subsectors. From metaverses to decentralized finance, investors are spoiled for choice. But a...Continue Reading
Ahmet Usta went from studying aircraft to founding thriving Web3 startups focusing on gaming and NFTs. A popular adage says that the path to success is not a straight line. Sometimes, it leads to various detours along the way, like learning about developing aircraft, being a writer, keeping an eye on Bitcoin (BTC) and exploring...Continue Reading
The merging of crypto and TradFi is inevitable, with the latter potentially mitigating the volatility permeating the digital asset industry. Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day. For example, earlier this month, Vienna-based fintech unicorn Bitpanda announced that...Continue Reading
With the right API, contract address and token id, anyone can find NFT metadata on OpenSea and Rarible. NFTs are a game-changing technology, providing ownership for digital assets and serving as certificates for holders or access keys for the underlying content, which could be music, movies, art, real estate, and a lot of other stuff....Continue Reading
Apart from USDC support, FV Bank also plans to launch a custody service in Q4 2022, targeting major coins like Bitcoin and Ethereum. The global digital bank FV Bank is the latest financial platform to enable deposits in Circle-backed stablecoin USD Coin (USDC). FV Bank on Wednesday announced the launch of a new service allowing...Continue Reading
The court accepted the Plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case. The judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company is required to provide “general ledgers, balance...Continue Reading
Scalability trilemma implies that to scale, blockchains usually need to sacrifice one of their three fundamental cornerstones — security or decentralization, or transaction throughput. After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market experts believe sharding would be a...Continue Reading
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