Ex-Goldman Exec on Why Majority of His Portfolio Is in Ethereum Instead of Bitcoin

In a recent interview, former Goldman Sachs executive Raoul Pal explained why despite being “very bullish” on Bitcoin at first, he later came to the conclusion that Ethereum would outperform Bitcoin. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which is now […]

Read more

VC Firm Andreessen Horowitz Invests in Ethereum Staking Platform Lido

Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”) has announced that it has invested in decentralized staking platform Lido. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their ETH – without locking assets or maintaining infrastructure – whilst participating in […]

Read more

Cardano Whales Go On $ADA Buying Spree As Developer Activity Surges

Whales on the Cardano ($ADA) blockchain have been on a buying spree, scooping up over 16 million tokens in only 24 hours as developer activity on Cardano, as measured by GitHub commits, surges. According to cryptocurrency analyst Ali Martinez, first spotted by Daily Hodl, who cited data from on-chain analytics firm Santiment, Cardano addresses holding between 100,000 and 1 million […]

Read more

$ETH Staking Yields Could Double After Ethereum Network 'Merge', Coinbase Estimates

Ethereum ($ETH) staking yields could double after the network merges with the Proof-of-Stake (PoS) Beacon Chain that is currently running alongside Ethereum’s mainnet, according to estimates from leading cryptocurrency exchange Coinbase In a message sent to clients and shared on social media, Coinbase noted that after the Ethereum’s mainnet merges with the Beacon Chain – a move that it says […]

Read more

Cardano ($ADA) Transaction Volume Explodes to Double That of Ethereum ($ETH)

The Cardano ($ADA) network has seen its transaction volume explode to $12.7 billion over the last 24-hour period, doubling Ethereum’s $6.3 billion over the same period. The network’s transaction volume has been growing with the increased adoption of its decentralized finance (DeFi) ecosystem. According to data from on-chain analytics firm Messari, Cardano’s transaction volume exploding past that of Ethereum means […]

Read more

Berkshire Hathaway Vice Chairman: In Next 100 Years Fiat Currency ‘Is Going to Zero’

On Wednesday (February 16), Charlie Munger, the billionaire vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, talked about inflation, crypto, and various other investment-related topics. Munger — who is also chairman of Daily Journal Corporation and a director of Costco Wholesale Corporation — made his comments during an interview with Yahoo Finance Editor-in-Chief Andy Serwer. Below are some highlights […]

Read more

Cardano ($ADA) on-Chain Activity Surges as New Addresses Jump 167%

Activity on the Cardano ($ADA) network has exploded recently with the number of new daily addresses being created on the cryptocurrency’s network jumping 167% to 112,500 addresses seemingly out of the blue. According to on-chain analyst Ali Martinez, who first pointed to the surge in on-chain activity referencing IntoTheBlock’s  Net Network growth metrics, a “sustained increase in this metric generally […]

Read more

Cardano ($ADA) Temporarily Doubles Bug Bounty Rewards to Boost Network’s Security

The Cardano Foundation, an independent Swiss not-for-profit organization overseeing the advancement of Cardano ($ADA) and its ecosystem, has temporarily doubled the rewards offered in its bug bounty program in an effort to further boost the network’s security. According to an update on HackerOne, bug bounty rewards have been doubled for a total of six weeks ending March 25, 2022, with […]

Read more
1 30 31 32 33 34 89