Dfinity founder takes aim at Ethereum’s complex layer-two solutions

Dfinity founder Dominic Williams has criticized Ethereum’s emerging ecosystem of layer-two solutions for exposing users to counterparty security risks. Dominic Williams, the founder of Dfinity and its Internet Computer, has slammed the scaling solutions put forward by Polkadot and Ethereum for offering a disjointed user experience. The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem of […]

Goldman Sachs backs $28M funding round for Blockdaemon

Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm. Goldman Sachs has backed a $28 million Series A funding round for blockchain infrastructure firm Blockdaemon. The funding was led by Greenspring Associates and included participation from crypto lending firm BlockFi, and crypto-asset […]

Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%

The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,” said Coinbase. Coinbase Sees Interest From Institutional Investors Skyrocketing Cryptocurrency exchange Coinbase (Nasdaq: COIN) reportedly […]

What Is Crypto Staking : Understand This New Technology

What Is Crypto Staking: Understand This New Technology The year 2021 has given proof that it is the year of cryptocurrencies. Crypto coins like Bitcoin (BTC) and Ethereum (ETH) have been continuously reaching all-time highs. The large institutions are also actively taking part in this. In the current volatile situation, it becomes of utmost importance […]