Blockchain’s Invention Promises a Return to Pre-9/11 Optimism
Few events are more defining for millennials – the biggest, richest, most educated generation in history – than that fateful day on September 11, 2001, just as a new millennium had brought widespread optimism. A veil of darkness descended on earth with a generation feeling cheated of their peace – a unique brief period in living memory between the fall of the berlin wall and 9/11 when there was no worldwide hot or cold war. A darkness of which we are periodically reminded as people get senselessly killed in our streets, in our clubs, in our cafes, in our travels. The shock and disbelief....
Related News
From finance and insurance, to fantasy sport, established businesses and start-ups are exploring and implementing blockchain based projects, but are they in competition with each other or sharing a common goal? While blockchain’s invention promises to disrupt established businesses, household brands have been some of its earliest adopters, launching numerous consortiums and initiatives. However, many of them, such as JP Morgan’s private ethereum based blockchain and Santader’s CashETH, have launched their own initiatives to gain some competitive advantage. This gives rise to a new strategy....
Ethereum layer 2 network Optimism (OP) has maintained its market recovery in the last few days, recording a 5.57% gain over the last 24 hours, based on data from CoinMarketCap. Since hitting the $1.31 price mark, Optimism has embarked on an upward curve, looking set to return to the high price levels seen at the start of August. Optimism Major Investors Boost Holdings By 300% In The Last Year Among many positives for Optimism, the on-chain analytics firm, Santiment has also revealed another significant development for the altcoin in terms of investors’ interest. Related Reading:....
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure unsuspecting Kenyans. Unrealistic Promises According to a CMA statement issued on August 12, Fxbitinvest is offering prospective investors a return on investment (ROI) of 400% within a space of six hours. In addition, the regulator also identifies the “paybill numbers” that are being used by....
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch users.” 1inch to Use the L2 Solution Optimistic Rollups via Optimism Gateway Ever since the Ethereum network has been dealing with transaction congestion and much higher fees in 2021, innovations revolving around Layer 2 (L2) scaling solutions and sidechains have been pushed to the....
Digital currency investment company BitAge Corporation has guaranteed up to 340% returns from its Bitcoin investment fund. The Panama company, which has already attracted investments worth over $1 million from around the globe, offers a number of investment plans — each catering for investors of varying financial calibre. For instance: its lowermost plan requires investors to invest a deposit between $10 and $299 (0.03-0.8979 BTC), which promises to yield up to 121% total return; whilst its topmost plans — as stated above — promises up to 340% returns out of the investment between $15,000....