Smart contracts platform Avalanche Foundation has rolled out a new incentive program called “Multiverse,” which will help grow subnets on its network, according to a Thursday (March 17) press release. Multiverse will have incentives up to $290 million, per the release, and the program will...
Ripple will be committing 1 billion XRP to help with development and new use cases on the XRP ledger, according to a press release Thursday (March 17). This is an extension to the XRPL Grants program, which rolled out in 2021 and has awarded $6...
If you were an early backer of Solana, a leading “Ethereum killer” blockchain targeting decentralized finance (DeFi) and other decentralized-application (DApp) developers, you’re probably rich. One of several blockchains that sought to build a better smart contract platform than overburdened, overpriced and under-scaled Ethereum, Solana’s...
The project to create a faster, cheaper and more scalable version of Ethereum hit an important milestone this week, marking the beginning of the end of a long-delayed and increasingly necessary project to build a better blockchain. The Ethereum 2.0 project will boost the transactions...
There’s been some coverage of recent comments by Ethereum creator Vitalik Buterin saying that the second-largest blockchain can’t get any faster than it is now. Which seems to contradict what he and all the other top developers on Ethereum 2.0 have been saying for years:...
Decentralized finance, better known as DeFi, is the hottest segment of cryptocurrency right now. In large part, that’s because it goes even further than crypto’s goal of cutting financial middlemen like banks out of the payments process. It even cuts crypto companies out, leaving nothing...
Given the dramatic changes in the world’s financial systems —cryptocurrencies, stablecoins, central bank digital currencies (CBDCs) and FinTechs — one could think it’s impossible to determine which one is more revolutionary. But when we posed the question to Eswar Prasad, professor of international trade policy...
Millions remain excluded from mainstream formal financial markets in emerging and developing markets, but the rapid rise in internet and smartphone adoption in the last decade has led to a boom in mobile money service, accelerating progress toward universal financial access and helping to increase...
Throughout this series of articles, we’re looking at the top blockchains in cryptocurrency to help you make sense of the alphabet soup of so-called “altcoins” that exists beyond that of bitcoin’s BTC and Ethereum’s ETH. We will look at what they are, how they work,...
