ETH

Yesterday, while all eyes were (and are) on election results, a battle between two centralized cryptocurrency exchange owners suckerpunched the world of decentralized finance, destroying billions of dollars of market cap in the process. Continue Reading →

When someone says "the metaverse," what do they mean? At the moment, the observable metaverse is a continuum that spans experiences from virtual reality (VR) through mixed reality (MR) to augmented reality (AR). The experiences are different, but some of the most successful metaverse projects share many common creative and technological attributes. What are they? To help figure it out, we've been developing a framework we call the Standard Model of the Metaverse. Continue Reading →

A nearly-completed text of MiCA (The European Union’s Markets in Crypto Assets) regulations has leaked, and it is going to be brutal. How brutal is yet unknown, but lawmakers seem to be happy with their work. Continue Reading →

Monday, the SEC filed a federal lawsuit against crypto influencer Ian Balina for his failure to register a cryptocurrency as a security before launching a 2018 initial coin offering (ICO). Not an unusual lawsuit; the SEC is in the practice of suing purveyors of ICOs it believes fall under its jurisdiction. However... Continue Reading →

President Biden’s March 9 Executive Order (EO) on Ensuring Responsible Development of Digital Assets outlined the first whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology. Continue Reading →

I decided to shut down my ETH mining operations a few hours before the Merge last night. It was getting close to midnight, and I didn't want my mining rigs grinding away at "nothing" in the middle of the night. So, with all due pomp and circumstance, I began an orderly, ceremonious abandonment of my mining operations. Continue Reading →

The most significant event in the short history of Web3 will most likely occur on September 15, 2022. That’s when Ethereum, the largest smart contract blockchain (with the second largest cryptocurrency by market cap), is now scheduled to enact an existential operational change. If it fails, “The Merge,” as it is colloquially called, is almost sure to take the crypto markets down with it. But even if The Merge is 100 percent successful, it will come with profound implications regarding censorship, regulation, and the future of money. Continue Reading →

Russia is advancing its crypto strategy to circumvent Western sanctions. Unable to access dollars or euros, the country may turn to stablecoins to make payments with "friendly countries," according to Russian state news agency Tass. Continue Reading →

It's rough sailing on the OpenSea. Continue Reading →

Ethereum is a few days away from "The Merge," its transition from Proof of Work (mining) to Proof of Stake (staking). The promised benefits of Proof of Stake (PoS) include a significantly higher number of transactions per second (tps), reduced environmental impact (PoS requires far less energy than mining), and greater scale. Where mining rigs are expensive, require a lot of electricity, and require specialized skills to efficiently operate, PoS rigs only require average hardware, a static IP address, and the ability to read and follow directions. So, should you stake ETH? And, if so, should you do it in a pool or solo? Continue Reading →