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“# Life beyond Ethereum: What layer-one blockchains are bringing to DeFi ” Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic Rollups, OMG Network and many others. These platforms allow transactions to be created outside of the Ethereum network on what are known as “sidechains,” which then…
“# European Central Bank releases results of digital euro consultation ” The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an initiative. According to a Wednesday announcement, the ECB received more than 8,200 responses to its public…
“# Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags ” The Purpose Investments ETF, the first Bitcoin (BTC) exchange-traded fund to launch in North America, has seen its assets under management soar to $1.1 billion less than two months after launching. Two Bitcoin ETFs that launched shortly after Purpose’s in Canada…
“# Nifty News: Kevin Smith sells horror flick rights as NFT, Megadeth’s ETH, farming MEMEs … ” Filmmaker Kevin Smith is releasing his latest horror anthology “Killroy Was Here” as a non-fungible token. The owner of the NFT will secure the rights to exhibit, distribute, and stream the work, making it a revenue generator outside…
“# Polkadot and Cosmos connect as Plasm and Secret Network release bridge MVP ” Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the two ecosystems, each representing a different “layer-0” protocol. The bridge, deployed on Tuesday on Plasm’s testnet, allows…
“# What is blocking the decentralized internet? ” Over the past decade, the proliferation of blockchain technology has resulted in hundreds of networks that are unable to talk to each other. With data siloed and developers’ options now extremely limited, the sector has been described as being at a “historical crossroads” — and unless this…
“# Linux Foundation launches blockchain-based platform for insurance ” The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry. On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting…
“# Ether hits new all-time high above $2,200 hours ahead of Berlin hard fork ” Ether (ETH) surged to a new all-time high on Tuesday, with the next major update in its ongoing development — dubbed “Berlin” — scheduled for Wednesday, April 14. Ether’s price reached $2,228 on Tuesday, marking the highest dollar valuation the…
“# Copyright infringement and NFTs: How artists can protect themselves ” Copyright infringement in the online world has been an issue ever since the internet entered our lives — with a copy-and-paste culture, it’s never been easier to pass off a funny tweet as one’s own, upload unauthorized versions of chart-topping songs, and repurpose jaw-dropping…
“# European Investment Bank reportedly to issue bonds with blockchain tech ” The European Investment Bank, an international financial institution owned by European Union member states, is reportedly exploring blockchain technology for issuing digital bonds. According to a Tuesday Bloomberg report, the EIB has hired major global banks like Goldman Sachs, Banco Santander and Societe…