The Eth2 launch process began in November 2020. The network’s switch to proof-of-stake is expected to make ETH a deflationary asset.
Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS.
The Securities and Exchange Commission’s continued resistance to spot Bitcoin ETFs draws industry players’ ire.
Micro Ether futures join crypto derivatives products including micro Bitcoin futures, Bitcoin futures, options on Bitcoin futures and Ether futures at the exchange.
The launch of a Bitcoin ETF played a pivotal role in the rise of BTC adoption.
The amount of crypto donations through The Giving Block surged to $100 million this year from $4 million in 2020.
Traders expect Bitcoin price to stay in a “choppy” $42,000 to $53,000 zone until confidence returns to the market.
“We believe fundamental limitations in existing crypto infrastructure are frustrating broader adoption of Web 3.0,” said Mysten’s team, citing the scalability of existing chains as well as the lack of interoperability of many smart contracts.
Bitcoin and most major altcoins are attempting a recovery, but they are likely to face strong resistance at higher levels.
The library will aid in building complex cryptographic techniques to match the needs of the bourgeoning DeFi sector.