The race for supremacy among Ethereum layer-2 networks is heating up, leading users to raise questions about the unique features, use cases, and strategies employed by each network to attract more Web3 users. In this episode of Hashing It Out, Cartesi co-founders Colin Steil and Erick de Moura discuss the significance of app-specific rollup protocols
HSBC, one of the most prominent banks in the global banking sector, has taken a significant step into the digital asset space. The bank’s recent announcement to offer custody services for tokenized securities signifies a new development in the financial industry’s adoption of blockchain technology. This move demonstrates HSBC’s willingness to explore new opportunities and
Trust Wallet’s native token, TWT, has experienced a significant price drop of -21%, leading some investors to question the future of Trust Wallet. This decline can be attributed to Binance’s recent announcement regarding the launch of their own Web3 self-custody wallet. This unexpected competition has raised concerns among market participants and has prompted a reassessment
The native token of the cryptocurrency exchange FTX, known as FTT, experienced a remarkable surge of almost 90% within a 24-hour period. This surge propelled the token to reach a nine-month high of $2.33. The catalyst for this surge was the suggestion made by the Securities and Exchange Commission (SEC) Chair, Gary Gensler, regarding the
Radiant Capital, a lending and borrowing protocol, has been steadily gaining momentum in the decentralized finance (DeFi) space. With the ability to borrow assets across multiple chains, Radiant Capital provides users with a seamless cross-chain experience. Despite having a lower level of liquidity compared to Aave, the protocol has managed to generate impressive revenue over
Switzerland-based SEBA Bank has achieved another milestone in its global expansion plans by securing a regulatory license from Hong Kong regulators for its wholly-owned subsidiary, SEBA Hong Kong. The license allows SEBA Hong Kong to offer regulated cryptocurrency services to institutional investors in the city-state. This significant development comes after three months of receiving in-principle
Chainlink’s LINK token has experienced a remarkable 26% surge between November 2nd and 8th, reaching a level not seen since April 2022. This surge in price has solidified its position as the 10th largest cryptocurrency (excluding stablecoins) by market capitalization. While this is a welcome sight for traders, the question arises: is Chainlink’s current valuation
Grayscale, a well-known cryptocurrency investment firm, has recently provided an update on its proposed spot Bitcoin ETF (Exchange-Traded Fund). CEO Michael Sonnenshein spoke with Bloomberg on November 8, shedding light on the company’s plans. Grayscale aims to convert its existing Grayscale BTC (GBTC) fund into an ETF, a move that has gained attention from investors
After facing financial mismanagement and filing for bankruptcy in November 2022, FTX, once one of the largest crypto exchanges, is now in the hands of potential buyers. Reports from the Wall Street Journal on Nov. 8 reveal that three possible buyers have emerged in the race to revive FTX. Former New York Stock Exchange president
The integration of Artificial Intelligence (AI) into the financial sector has sparked a new wave of investment strategies, particularly within the cryptocurrency industry. AI crypto startups are emerging as key players, capturing the attention of investors who seek simplified and informed trading experiences. These companies offer solutions designed to distill the complexity of market data
