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Ethereum's Layer 2s Break New Ground in Scalability

Ethereum's Layer 2s Break New Ground in Scalability

Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.

FASB Finalizes New Accounting Standards for Crypto Assets

FASB Finalizes New Accounting Standards for Crypto Assets

FASB's new ASU No. 2023-08 mandates fair value measurement for certain crypto assets, enhancing transparency and relevance in financial reporting, effective post-December 2024.

An Experiment Incubated at Harvard to Resolve the Global Debt Crisis (Part 1 of 7)

An Experiment Incubated at Harvard to Resolve the Global Debt Crisis (Part 1 of 7)

In the interview notes of journalist Faye Xiaofei, Professor Han Feng, in an age of global upheaval, raised his gaze to the stars to discern the tides of history and lowered his eyes to the data to parse their logic, pursuing a question that cuts to the root of civilization itself: When the old gravitational anchors collapse, where should humanity's wealth be moored?

Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin

Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin

Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.

DeFi TVL Rebounds to the $54 Billion Mark, Eth-based MakerDAO Remains Dominant Lender

DeFi TVL Rebounds to the $54 Billion Mark, Eth-based MakerDAO Remains Dominant Lender

The total value locked (TVL) in DeFi rebonds to approximately $54 billion currently. The TVL has been down since October 12, trading between $53.7 and $53.29 billion level.

Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan

Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan

The Arbitrum Foundation has formed a strategic partnership with Fracton Ventures to launch Arbitrum Japan, aiming to accelerate blockchain technology adoption and expand the Arbitrum ecosystem in the country. This alliance is poised to generate new business avenues, especially in finance and entertainment sectors, and bolster community engagement through educational initiatives.

Ethereum Price Yearly Trend Suggests Bull Run Ahead, ETH Deposits Doubled in the Last 20 Days

Ethereum Price Yearly Trend Suggests Bull Run Ahead, ETH Deposits Doubled in the Last 20 Days

Glassnode recently noted that the total value staked on Ethreum has reached over 1.5 million ETH.

Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It

Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It

As of now, the decentralized finance (DeFi) industry is valued at $6 billion in value.

Ethereum Crosses $1,900 For the First Time in Its History as Total Value Locked in ETH 2.0 Hits All-Time High

Ethereum Crosses $1,900 For the First Time in Its History as Total Value Locked in ETH 2.0 Hits All-Time High

New data by Santiment reveals that the number of whale addresses holding at least $10,000 ETH ballooned to 1,287 on Valentines Day and this has been pivotal in triggering Ethereum's uptrend.

ECB Report: Striking the Balance Between Allowing Privacy and Ensuring Compliance with CBDC

ECB Report: Striking the Balance Between Allowing Privacy and Ensuring Compliance with CBDC

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

Blockchain, Bitcoin, Libra, Facebook

Blockchain, Bitcoin, Libra, Facebook

What’s Bull___, Brilliant and Big Brother? Deep diving & examining where the real value is.

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

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