Shibarium, a layer-2 blockchain solution on the Ethereum network, has achieved significant milestones in its first year of operation. With over 418 million transactions processed, the network has implemented key upgrades, including hard forks, to enhance its performance and user experience. However, recent data suggests a slowdown in transaction activity and progress. The network’s primary
Opeyemi is not just an ordinary writer; he is an enthusiast who has delved deep into the exciting and unique realm of cryptocurrency. Despite the fact that the digital asset industry was not his initial preference, Opeyemi has been captivated by it for over two years now. His passion lies in creating distinctive pieces that
The joint statement from Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek highlights the challenges posed by the European Union’s fragmented regulatory structure on artificial intelligence (AI) innovation. They criticize the EU’s AI regulatory framework as being riddled with inconsistent implementation, which hampers the region’s companies from fully capitalizing on the AI wave. The
Recent reports indicate that German authorities seized nearly 250,000 euros ($279,000) in cash and 13 crypto ATMs during a nationwide crackdown. This operation, spearheaded by the Federal Financial Supervisory Authority (BaFin), aimed to strengthen regulatory oversight in the country’s rapidly expanding cryptocurrency sector. The crackdown, which took place on August 20, targeted 35 locations where
Bitcoin’s price surge to $65,000 after a period of sideways trading can be attributed to various factors, with one of the key reasons being the actions of the US Federal Reserve. Over the past few years, Bitcoin’s relationship with the economic policies of the US central bank has been evident, especially following the changes in
A recent report by Coinbase suggests that young, pro-crypto voters could play a crucial role in shaping the outcome of the 2024 US presidential elections. The exchange highlights the fact that Generation Z and Millennials, who now make up 40% of the electorate, are increasingly backing candidates who advocate for cryptocurrency and financial innovation. According
Semilore Faleti stands out as a prominent figure in the realm of cryptocurrency journalism, known for his expertise in blockchain technology and digital assets. With a background in journalism and content creation, Semilore has made significant contributions to the field through his insightful articles and detailed coverage of various aspects of the crypto space. Early
Opeyemi is a talented writer who has delved into the intricate world of cryptocurrencies with a passion that exudes through his work. Despite not initially choosing the digital asset industry, he has found himself captivated by the complexities of blockchain technology and the ever-changing trends in the crypto market. His ability to analyze price charts
The current state of the Bitcoin market suggests a lack of demand growth, which is a crucial factor in driving price recoveries and rallies. Historical data has shown that high Bitcoin demand often precedes significant price movements; however, the situation at present is quite different. Recent data from CryptoQuant indicates that Bitcoin demand has slowed
Ripple recently announced its plans to introduce a stablecoin called Ripple USD (RLUSD) on the XRP Ledger and Ethereum. This move is aimed at bridging the gap between traditional finance and the world of cryptocurrencies. The stablecoin is expected to provide deep liquidity for major trading pairs on centralized exchanges, allowing users to transact globally