A lot can happen in a year and a half. The cryptocurrency market has been through a literal rollercoaster in terms of price, regulations, and overall development. Exchanges imploded, multi-billion dollar ecosystems collapsed, regulators are stepping in now more than ever, banks are shutting down, and whatnot. And it almost seems as if time is flying. In 2021, CryptoPotato attended Solana’s Breakpoint in Lisbon and had the chance to talk to Brandon Millman – the CEO of the...
Read More »What is Optimism (OP): Guide to One of Ethereum’s Layer-Two Scaling Solutions
The cryptocurrency industry, in general, became a lot more popular in the past couple of years. This saw the development and launch of hundreds, if not thousands, of decentralized applications (dApps) in various fields, such as DeFi, gaming, learning, trading, investing, and whatnot. There are many reasons for this, including but not limited to the massive bull run in 2021, the rise of non-fungible tokens, the popularity of memecoins, and more. This saw hundreds of thousands...
Read More »Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron
Scaling Ethereum has undoubtedly been one of the hottest topics in the past months. The network’s transition to a proof-of-stake consensus algorithm in September 2022 was a huge milestone in this regard, as it opened the door for many different scaling solutions to be implemented. While Ethereum developers are working on ways to scale the network natively, the power of layer-two solutions is only beginning to manifest. Concepts such as zero-knowledge proofs are now becoming a...
Read More »2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)
The last year saw the fall of the Terra-Luna ecosystem, BlockFi, Celsius, Voyager Digital, 3AC, and Alameda-FTX. But it’s not the end of cryptocurrency. Like the Internet after the Dot Com bust, crypto is still just getting started. Sure, it’s true that several crypto firms went down in 2022. But it seems worse in the headlines than it is in reality. Cryptocurrency’s critics in news journalism and the traditional finance industry are treating the failure stories as...
Read More »How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee
Ethereum Liquid Staking tokens are going through the roof. Lido is up 150% in a month, similarly Frax Shares, while other protocols, such as Rocket Pool, are also catching up. But that’s not all. NFTs are also seeing massive volumes for multiple consecutive weeks, showing little signs of slowing down. The question now is for how long this positive trend will sustain – is it a dead cat bounce or the beginning of a much-awaited recovery? To help us crunch the numbers and...
Read More »Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing
Pi Network is a controversial cryptocurrency project that has been making rounds across the crypto industry over the past few weeks after the token was listed on some crypto exchanges, including the popular trading platform Huobi. Since its inception four years ago, the project has attracted millions worldwide as users can mine and earn its native token, dubbed Pi, by completing simple tasks. Some experts have raised concerns about the legitimacy of the Pi Network, claiming...
Read More »What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?
Ethereum is the largest smart contract platform in the industry, and it underwent a major shift by transitioning to a new consensus algorithm in 2022. What is commonly referred to as The Merge saw the network abandon Proof of Work and transition to Proof of Stake in pursuit of fulfilling its broader roadmap towards scalability, decentralization, and security. Quick Navigation With the introduction of Proof of Stake on the Beacon chain a while back, users were able to deposit...
Read More »The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)
The scale of the financial damage to crypto investors last year was colossal. Not just from FTX International going under but also the rest of them: Three Arrow Capital, Celsius, Genesis, Gemini, Voyager Digital, and BlockFi. The Bitcoin price still hasn’t recovered from the ongoing streak of crypto bankruptcies, although it deleted some of the losses from the FTX fiasco. Over crypto exchanges, BTC kept taking steep discounts all year. Every new bankruptcy headline plunged...
Read More »5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)
The DeFi world, along with the rest of the cryptoverse, is still in the grip of fear and dread. 2022’s crypto winter continues with no clear end on the horizon. With still no sight of a near-term market bottom forming, some investors have even taken to wondering if DeFi is dead on arrival altogether. But there are some inspiring data about the health and usage of the most prominent DeFi ecosystems today. The winners will go on to keep playing through the next big crypto...
Read More »13 Biggest Crypto Scandals and Controversial Stories of 2022
The crypto market behaving erratically is nothing new, but absolutely no one saw such epic levels of fund mismanagement coming from established giants. The young industry’s turn to a more sordid state of affairs hit everyone by surprise, especially after the heady rush of the bull run last year. 2022 was marred by corruption and fraudulent activity. An industry that claims to have traceable and public transactions saw big bucks being funneled maliciously with much audacity...
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