Bank of America: Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
In its latest research report, Bank of America said smart contract platform Avalanche's ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming, and other assets. This comes as Avalanche's AVAX token is now the 12th largest by market value. "The Hash" hosts discuss the outlook for Avalanche and whether it could be the next Wall Street chain.
China Reportedly Deploys Offensive Cyber Attacking Tool Against Ethereum Mining Pool
China’s "Great Cannon," an offensive cyber attacking tool capable of taking down websites the Chinese Communist Party (CCP) deems hostile to the country's interests, is now allegedly targeting Ethereum mining pool Flexpool. "The Hash" group discusses the latest crackdown on mining operations, confirming crypto is firmly in China's regulatory crosshairs.
AVAX’s Ava Labs President on Crypto Markets As Avalanche, Layer 1 Tokens Soar
John Wu, President of Ava Labs, best known for building the “layer 1” Avalanche blockchain, discusses the outlook for layer 1 tokens and the wider crypto markets. This comes as gas fees on “layer 2” solution Ethereum remain near all-time highs. Meanwhile, Ava Labs has been chosen for Mastercard’s Crypto Accelerator Program.
Ethereum Layer 2 Polygon Continues to Expand Scaling Technologies
Polygon’s MATIC token surged after 21Shares announced the launch of a crypto exchange-traded product (ETP) linked to MATIC's performance on Euronext exchanges. Polygon's Dean Thomas shares insights into the latest movements at the Polygon blockchain, which Thomas describes as "an index fund with Ethereum scaling solutions." Plus, what the Bitwise Polygon (MATIC) fund means for the Polygon ecosystem.
SushiSwap CTO Threatens to Quit, Demands More Autonomy and Compensation
Joseph Delong, chief technology officer of SushiSwap, announced he would leave the popular Ethereum-based decentralized exchange unless the core team is given more autonomy and increased compensation. “The Hash” hosts discuss the outlook for Sushi following the latest escalation in its ongoing infighting.
FTX.US Adds Ethereum Collectibles to NFT Marketplace
FTX opened trading for some of the Ethereum network’s top NFTs on its U.S. marketplace Wednesday, mounting a challenge to market leader OpenSea and beating rival exchange Coinbase to the punch. Why are centralized crypto exchanges rushing into being NFT trading venues? “The Hash” panel discusses the latest in the race to NFTs.
Ethereum Blockchain Software Company ConsenSys Plans for Massive Expansion After Raising $200M
ConsenSys has raised $200 million in the latest round that valued the Ethereum backer at $3.2 billion. ConsenSys Global Fintech Co-Head Lex Sokolin shares insights into the firm's expansion, Web 3, and ETH.
ConsenSys Plots Massive Expansion Following $200M Fundraising
ConsenSys is preparing for battle in crypto’s hot jobs market with $200 million to spend on up to 400 new hires after a funding round valuing the Ethereum backer at $3.2 billion. “The Hash” hosts discuss the past, present, and future of ConsenSys as a force to be reckoned with in the Ethereum ecosystem.
MyEtherWallet Allows Users to Mint Ethereum Blocks as NFTs
MyEtherWallet (MEW), a wallet and interface for participating in the Ethereum network, has launched its first NFT collection that tokenizes individual blocks on the Ethereum blockchain. COO Brian Norton discusses ETH blocks, NFTs, and the possible factors moving ether’s price as the cryptocurrency is nursing more than a 3% loss at press time.