Regarding this often-criticized influence, Musk told Time that “markets move themselves all the time … based on nothing, as far as I can tell. So the statements that I make, are they materially different from random movements of the stock that might happen anyway? I don’t think so.” Source link … [Read more...] about Elon Musk Named Time’s Person of the Year, Says Crypto Unlikely to Replace Fiat
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Crypto firms call on U.S Congress to move with the times amid regulatory mismanagement
On Wednesday, key executives at six major crypto firms testified before the House Financial Services Committee, saying shoehorning existing rules doesn’t work.Over a near five-hour stint, representatives from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar fielded questions to educate lawmakers on understanding the intricacies of cryptocurrency, ransomware, investor … [Read more...] about Crypto firms call on U.S Congress to move with the times amid regulatory mismanagement
Indian Crypto Exchange WazirX Says Userbase Has Grown Over 10 Times in 2021
Binance-owned Indian crypto exchange WazirX said its userbase has grown by over 10 times to 10 million, this year.WazirX recorded trading volume of over $38 billion YTD, equating to an average month-on-month growth of 44%, the exchange announced on Friday.The company reported growth of 2,648% in user signups from Tier II and Tier III cities - in other words, large cities in the … [Read more...] about Indian Crypto Exchange WazirX Says Userbase Has Grown Over 10 Times in 2021
DeFi can be 100 times larger than today in 5 years
Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million per day currently, and blockchain … [Read more...] about DeFi can be 100 times larger than today in 5 years
Vitalik Buterin Among Time’s 100 Most Influential People of 2021
Vitalik Buterin, a co-founder of Ethereum, the second-largest cryptocurrency by market cap, has made Time magazine’s list of the 100 most influential people of 2021. The programmer was listed as an innovator, and Time valued his ability to empower other creators with his continued support for Ethereum and all the things that its prime feature, smart contracts, can help them … [Read more...] about Vitalik Buterin Among Time’s 100 Most Influential People of 2021