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Traditional Banking System Downfall – First Republic Bank2023 was hit with a lot of tough news on the traditional banking front. First, we had Silvergate Capital in Santa Clara, California meet its demise in March. Then in the same month, Silicon Valley Bank also announced plans to liquidate after the market disaster in crypto, and now we’re seeing another downfall – First Repu …
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Top 10 Most Eco-Friendly Crypto Options in 2023 Energy consumption during the crypto mining process has come under scrutiny in recent years for not being energy efficient. As electricity consumption rose, so did the concern for a more sustainable method – enter eco-friendly crypto. These options aim to mitigate carbon emissions to lower the carbon footprint of blockch …
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Ethereum supporters may have heard of EVM, or Ethereum Virtual Machine, but blockchain advocates on other blockchains may not have. The EVM is one of the foundations of the Ethereum network and how it operates. It is essential for carrying out transactions and can literally be referred to as a virtual machine as the name suggests.Not quite clear on what it means yet? Don’t worr …
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Crypto has once again experienced a major crisis, on a scale that dwarfs even the biggest scandals in existence, the Mt. Gox hack in 2014 and the Luna Terra collapse earlier in 2022. The spectacular implosion and subsequent “hack” of leading crypto exchange FTX, thought by many to be the most well-regulated exchange in the world, can arguably be considered to be the crypto indu …
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Within the world of Web3, there are many projects that simply use the blockchain to put a spin on some old Web2 application. While the services these Web3 DApps provide may not be core to the decentralized internet, they helpfully add monetization to some long-standing ideas from the old web. Such is the case, for example, with STEPN, a so-called move-to-earn DApp that aside fr …
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