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“# Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline ” Slush Pool, the world’s oldest mining pool, put a Reuters’ headline about Bitcoin’s 2020 bull run in a block on Dec. 2. “Dollar plummets on U.S. stimulus hopes; Bitcoin hits all-time peak” is now part of Bitcoin block number 659678. Announcing the news on Twitter, Slush Pool said that…
“# Roll-ups to preserve Ethereum’s DeFi monopoly despite competitors: Messari ” Crypto data aggregator Messari believes that roll-ups will beat out Layer 1 solutions in the race to scale Ethereum. Although Eth2’s beacon chain genesis successfully took place on Dec. 1, analysts predict the upgrades spanning the Ethereum 2.0 overhaul will not be completed until…
“# Joseph Lubin says insiders are ‘very optimistic’ about how fast Eth2 will unfold ” Speaking during the Ethereum in the Enterprise — Asia Pacific 2020 conference on Dec. 3, ConsenSys founder and Ethereum contributor, Joseph Lubin, predicted that Eth2 will devour Ethereum in “the not too distant future.” “People in the know around the…
“# ‘If the water’s too clean there’ll be no fish’: China’s CBDC may hurt Macau’s casinos ” China’s central bank digital currency is expected to further exacerbate Macau’s declining gambling revenues. According to a Dec. 2 article from Bloomberg, junkets — Macau businesses that act as middlemen to facilitate visits by China’s high-roller gamblers —…
“# Multi-utility tokens to enable Web 3.0 by providing more than financial value ” Cryptocurrencies are commonly known for being a store of value, but as the blockchain space continues to mature, utility tokens are being created that extend their benefits beyond mere financial gains. Scott Gralnick, director of global partnerships for ShapeShift — a Swiss…
“# Vitalik Buterin outlines next steps for Ethereum after Beacon Chain launch ” Following the successful launch of Ethereum 2.0 Phase 0 — the first concrete step in building the next iteration of the protocol — Ethereum co-founder Vitalik Buterin published an updated roadmap of what comes next for the project. The current development of Ethereum 2.0…
“# Institutional investors won’t save crypto, but they will help it grow ” The state of the world economy has pushed institutional investors to look for alternative methods of investment. And more and more often, Bitcoin (BTC) is becoming such a tool. Since August, business intelligence firm MicroStrategy has purchased BTC worth a total of…
“# DeFi protocol 1inch closes $12M funding round led by Pantera Capital ” The team behind the 1inch protocol, which combines an automated market maker protocol and an aggregator for other DEXs, announced on Wednesday a successful Series A round for $12 million. Pantera Capital, a major venture fund active in the cryptocurrency space, led…
“# Bitcoin moves $500K around the globe every second, says Samson Mow ” Blockstream’s Samson Mow wants to move the conversation away from Bitcoin’s (BTC) performance in transactions per second and toward its role in ushering in “a new financial paradigm,” that is, serving as a permissionless medium for the store and transfer of value….
“#Australian telescope maps deep space at record speed” MELBOURNE – A powerful new telescope in outback Australia has mapped vast areas of the universe in record-breaking time, revealing a million new galaxies and opening the way to new discoveries, the country’s national science agency said on Tuesday. The A$188 million ($138 million) radio telescope, dubbed…