For generations, entertainment brands have been on the cutting edge, showing people what’s possible through technology. Consider how films like the original Star Wars used imaginative storytelling to help people consider a future with limitless possibilities. Aside from the storytelling, entertainment brands have also always been at the forefront of innovation, continually pushing the boundaries for how
Bart Smith, Susquehanna International Group global head of digital asset strategy, joins CNBC’s ‘Squawk Box’ to lay out his predictions for the upcoming regulatory decisions over crypto-backed ETFs. READ MORE FROM THE ORIGINAL SOURCE HERE
WASHINGTON—Leaders of a Senate committee are set to propose legislation that would assign oversight of the two largest cryptocurrencies, bitcoin and ether, to the federal agency that regulates milk futures and interest-rate swaps. Senate Agriculture Committee Chairwoman Debbie Stabenow (D., Mich.) and top-ranking Republican John Boozman of Arkansas, are planning to introduce a bill Wednesday that would empower the
The NFT (Non-Fungible Token) is a relatively young technology that has, in the past year, demonstrated its potential, value, appeal, and staying power. The size of the NFT market exploded in 2021. The sharp upward trajectory that began last winter reached $10.7 billion in Q3, compared to $28 million in Q3 of 2020, and shows no sign
In the same way that tangible bridges connect two physical locations, blockchain bridges connect different networks or token ecosystems. Blockchain bridges are necessary to facilitate communication and movement of assets between one network and another, otherwise, each blockchain would remain in its own siloed island, without outside interaction. To understand the concept of bridges and why they
Since Web3 emerged in 2014 as a term to describe the new types of protocols that enable decentralized consensus, it has now come to describe an entire ecosystem of public blockchains, applications, and even design philosophies. As with other great esoteric ideas, the question “What is Web3?” elicits a torrent of answers that are as
Ethereum (ETH) co-founder Vitalik Buterin has been quite vocal recently about the non-financial applications of blockchain technology and has published a paper on June 12 listing some use cases. In a paper titled “Where to use a blockchain in non-financial applications,” in the first place, the Ethereum mastermind said one of the biggest challenges in a cryptographic account
Cryptocurrencies and blockchain technology have grown rapidly in recent years. However, this growth has brought to light several issues that need to be addressed before the whole world move to the blockchain. One of the most important concerns confronting blockchain technology is scalability. Blockchain layers are proposed solutions to the scalability issue of blockchains. Scalability
On June 7, Senator Cynthia Lummis (R-WY) and Senator Kirsten Gillibrand (D-NY) unveiled the long-awaited 69-page draft of the Lummis-Gillibrand Responsible Financial Innovation Act (“Act”). The Act is meant to create a regulatory framework for digital assets, pioneer legal reform and regulation across various regulatory entities, and update current laws with language regarding digital assets. All cryptocurrency
Ask anyone what crypto is, and you’re most likely to hear a range of answers from “Bitcoin” to “electronic payments.” Invented in 2009, Bitcoin allows anyone, anywhere in the world to send and receive value with a computer and internet connection. It was the original crypto use case – a peer-to-peer electronic cash system. However,
