Instagram is introducing NFTs but which blockchain will win the race?
March 16, 2022
In January 2022 it became clear that the stablecoin Diem and the Diem association would fail. But since the company behind Diem has a strong view on the Metaverse it comes to no surprise that Marc Zuckerberg announced that Instagram is going to adopt NFTs. Why is this so bullish? And which blockchain will be adopted by Meta?
The ECON committee voted against a Bitcoin ban – Why is MiCA so important to the industry?
March 15, 2022
Markets in Crypto Assets or in short MiCA has been all over the news in the last couple of days. Everybody was afraid that one of the amendments to the MiCA report could have resulted in a de facto Bitcoin ban within the EU. The ECON committee voted on the topic just yesterday and it seems that a ban is off the table. But what comes after the committee’s vote and why is MiCA so important? And are miners out of the woods yet?
The Apes buy the Punks
March 15, 2022
The temporary dip in the prices of the NFT collections CryptoPunks and Bored Apes has reversed after the news broke that the founders of Bored Ape Yacht Club (BAYC) have bought the intellectual property of the CryptoPunks. It was the first mega deal in NFT land.
Regulation considering ESG concerns: Is proof of stake the future of crypto?
March 14, 2022
Today the ECON committee voted against an amendment proposal for MiCA that would have effectively banned Bitcoin from the EU. The idea to unify crypto regulation throughout the EU is great since it provides clarity for companies, investors, and consumers. But there are also concerns that have been raised by the Green party. Proof of work is consuming a lot of energy and there is a huge debate going on whether Bitcoin mining is having an unacceptable impact on the environment or not. What if regulators decide that proof of work is undermining efforts to stop climate change? Is proof of stake the future of crypto?
The crypto market is going crazy – Why is the Executive Order so important?
March 10, 2022
In the last couple of weeks, everybody was expecting the executive order from President Biden. It was clear from the beginning that he would try to unify US efforts to regulate the crypto market. But then again it brought a lot of uncertainty regarding its content. It was finally released yesterday and has caused quite a stir with Bitcoin losing all its gains in just one day. Why did that happen and what is Bidens executive order all about?
A new crack in the trust in the dollar
March 10, 2022
The developments set in motion by the war in Ukraine are causing a landslide in the global financial system. The fact that the Russian Central Bank can no longer monetize its dollars on the international market is a sanction that could have enormous global consequences. The effect is the loss of confidence in the validity of the dollar as a currency for saving.
Cronje and Nell leaving crypto – Will Fantom and Yearn Finance survive?
March 8, 2022
With Cronje being the inventor of the highly valuable Yearn protocol and both being involved with Fantom, YFI and FTM tanked after the breaking news. What does that mean for both projects and will they survive?