A recent Chainalysis report showed that the world’s crypto economy was spread all across Western Europe. Data revealed that $1 trillion came to this region in crypto during the last year. That amount accounts for almost a fourth of global crypto activity. One player to watch in this crypto economy is Spain. With a relativelyContinue reading “In this country, young people choose crypto investments over pension funds”
Latest Articles from Sahana Venugopal
Oceania is usually known for divine blue waters and sunlit beaches – a destination where tourists can abandon the digital world and relax. Yet, countries like Tonga, Vanuatu, the Marshall Islands, and others are seeing more crypto penetration, due to both locals and foreign groups. Most recently, Tonga’s MP Lord Fusitu’a has been working onContinue reading “Here’s why you need to pay attention to crypto projects in Oceania”
With Alonzo launched and the Cardano Summit over, founder Charles Hoskinson announced he was off to a ranch – without Twitter. However, investors didn’t forget about Cardano. Grayscale Investments, a crypto asset management company, released a report introducing readers to the third biggest blockchain by market cap. While this might sound standard, the report providedContinue reading “Grayscale’s Cardano report cites ‘iconic founder’ but low network fee revenue”
When this article was being written, 110,324 users were online playing the Pokemon-inspired, play-to-earn NFT-based game Axie Infinity. There, they were battling players, breeding pet Axies, and hodling or earning AXS and SLP tokens. On 2 October, Messari research analyst Ryan Watkins announced that Axie Infinity had reached a value of $30 billion. He sharedContinue reading “Here’s why Axie Infinity’s market cap milestone matters in GameFi”
As per the Chainalysis 2021 Geography of Cryptocurrency report, cryptocurrency adoption is growing worldwide and especially in emerging markets. Naturally, due to a range of factors, investors in different countries are also bullish on diverse cryptocurrencies. A recent survey by the crypto platform Luno took a closer look at investors in Malaysia, South Africa, andContinue reading “Survey: South Africa prefers Bitcoin, while Malaysia, Great Britain choose Ethereum”
Though landlocked, Laos is famous for its splendid waterfalls and consequently, its hydroelectric potential. Last month, the Laotian government shifted its stance, allowing six companies to mine and trade Bitcoin in the country. What’s more, Laos has also been looking into digital currencies with the help of a Japanese fintech startup. Recently, the Bank ofContinue reading “Laos considers own digital currency, initiates joint-study with Japan fintech startup”
In its time Ethereum has seen several hard forks and EIPs, the more recent ones being the London hard fork and EIP 3554. Even at the time of writing, Ether was streaming into the Ethereum 2.0 staking contract. However, the second largest blockchain and smart contracts platform is often criticized for the way it isContinue reading “Core Developer says Ethereum needs to ‘look at what Bitcoin is doing’”
SEC v. Ripple Labs has seen a flurry of letters filed with the court by both the agency and the San Francisco-based blockchain company. On 29 September, the SEC requested a telephone conference with Judge Sarah Netburn so it could be relieved from responding to Ripple’s 29,947 requests for admission. And yet, on 1 October,Continue reading “After Ripple’s ‘flawed’ search, SEC wants more recordings of internal meetings”
The SEC v. Ripple Labs lawsuit is now into the final quarter of 2021, despite rumors of a settlement. In fact, at the moment, the proceedings are far from complete, with both parties raising motion after motion. Just recently, on 29 September, the SEC requested a telephone conference in order to obtain a protective order.Continue reading “Here’s what these XRP holders want to do ‘because Ripple’s not going to do it’”
China’s latest crackdown on the crypto industry had a severe impact on several industry players, especially miners located in China. While China’s move was met with criticism by several analysts and other market participants, the Chinese co-founder of a popular ASIC-chip manufacturing company, presented a somewhat unique point-of-view. On an episode of “The Best BusinessContinue reading “Bitmain’s Jihan Wu discusses ‘next phase of growth’ post China’s crypto crackdown”
2013, 2017, and soon, 2021 – Bitcoin analysts have been using the four-year cycle to better understand the crypto’s long-term performance and predict its trajectory. The stages in the cycle are exponential highs, correction, accumulation, and continuation. However, this year was nothing like the ones before it. During an episode of the What Bitcoin DidContinue reading “Is ‘maturing’ Bitcoin’s current 4-year cycle even a cycle”
SEC v. Ripple has generated a great deal of press and provoked strong words from stakeholders on both sides. As the lawsuit drags on, more American politicians have come out to express their views on the case and crypto-regulations at large. Most recently, in a statement dated 25 September, Ripple Labs Inc. responded to SenatorContinue reading “Ripple writes to U.S Senator on regulatory ‘havoc and confusion’”