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Ethereum's Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification

Ethereum's Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification

Vitalik Buterin agrees with Daniel Wang on classifying Ethereum rollups using external data chains as validiums, not traditional rollups. This debate underscores the nuances in Ethereum's layer-2 scaling solutions, focusing on security and scalability trade-offs.

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.

PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency

PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency

PayPal CEO Daniel Schulman noted in an interview with CNBC that he is bullish on the future of Bitcoin, cryptocurrencies, and Central Bank Digital Currencies

China’s CBDC Should Start Replacing Cash But Not Confined to Substitution, says Former Chinese Banker

China’s CBDC Should Start Replacing Cash But Not Confined to Substitution, says Former Chinese Banker

Former Chinese banker, Wang Yongli suggested that a push for digital currencies to substitute all currencies is needed to support monetary operation reforms.

Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

Tesla Has Cashed in $1 Billion from its Bitcoin Investment, says Analyst

Daniel Ives, an analyst at Wedbush Securities, has disclosed that Tesla is smiling all the way to the bank after cashing in approximately $1 billion in profits from its Bitcoin investment.

Chinese Bank Partially Owned by the Government Invests in Nervos STO

Chinese Bank Partially Owned by the Government Invests in Nervos STO

The Nervos Network security token offering (STO) has aimed to start on Oct. 16, to raise an undisclosed amount within two weeks via the CoinList platform.

Is Wikipedia the Next to Join the Blockchain Revolution?

Is Wikipedia the Next to Join the Blockchain Revolution?

Since starting in 2001, the platform has increased to over 49 million pages and millions of articles. Each month, as many as 50,000 new articles are submitted and added to the site, meaning that storage and security are extremely important to its constant growth and usability.

Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Ren Zhengfei, CEO of China’s Huawei believes that China can create their own digital currency in response to Facebook’s Libra.

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.

How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America

How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America

Ripple-backed crypto exchange Bitso announced that it will expand its cross-border crypto remittance services in Latin America through a $62 million investment.

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s major state-run banks are testing out its central bank digital currency (CBDC) digital wallet application. The Chinese central bank, having said that its CBDC, also known as digital currency electronic payment (DCEP), is “almost ready,” is finally moving a step closer to its official launch nationwide.

Solid Bull Run: Why Ethereum Is Up 50% in 10 Days

Solid Bull Run: Why Ethereum Is Up 50% in 10 Days

Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes.

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