Tag Archives: Editorials

This is an opinion post written for CryptoPotato by Ken Timsit, Head of Cronos Labs 2023 is the year of artificial intelligence, and there’s no better time than now to take a deeper dive into the different types and use cases of AI — especially for startups and projects working at the intersection of AI and blockchain. To carry the momentum into 2024, Web3 startups should get a better sense of what to focus on when developing projects at the intersection of blockchain and AI....

The recent conviction of Sam Bankman-Fried (SBF) marks a pivotal moment in the cryptocurrency industry, carrying significant implications for its leaders and stakeholders. As the founder of the now-defunct FTX crypto exchange, SBF held a prominent position in the sector, making his fall from grace a broad industry concern. His conviction on fraud, conspiracy, and money laundering is a stark reminder of the need for accountability and transparency in the crypto space. This...

Although Taproot took some time to gain momentum, its use cases have continued to grow since integrating Bitcoin-based Ordinal inscriptions and its November 2021 implementation with Bitcoin. This article will delve deeper into the use cases for Taproot, focusing on Ordinal inscriptions and stablecoins built on Bitcoin, to better understand the innovative new features it brings to the table. Bitcoin-Based Ordinal Inscriptions Ordinal inscriptions present a groundbreaking...

In the rapidly evolving landscape of technology, Web3 stands as a beacon of innovation, poised to redefine how we interact with the digital world. Unlike its predecessor, Web2, which primarily focused on user-generated content and social networking, Web3 places decentralization at its core. It leverages blockchain technology to empower users with greater control over their data and digital assets. This paradigm shift has garnered widespread attention, spearheading a new era...

Cryptocurrency exchange-traded funds (ETFs) have recently been trending as many companies seek approval to trade, stirring up a wave of enthusiasm and anticipation throughout the crypto community. As financial vehicles that track the price of cryptocurrencies, these ETFs offer a novel and seemingly more accessible way for investors to enter the crypto market. However, amidst the euphoria and bullish outlooks, it is crucial to cast a discerning eye on the potential dark side...

Richard Ma, the CEO and founder of Quantstamp, stands at the forefront of the cryptocurrency auditing landscape. With his firm recognized as one of the leading smart contract auditing entities, Ma’s perspective offers invaluable insights into the evolving challenges and paradigms of crypto safety. In an interview with CryptoPotato that was held at Token2049 in Singapore, Ma delves deep into the current limitations of smart contract auditing, the varied nature of crypto hacks...

In October 2020, PayPal, the world-renowned digital payment platform, announced its foray into the cryptocurrency market. This landmark decision meant that the platform’s vast user base, consisting of hundreds of millions of individual consumers and millions of merchants, could now buy, hold, and sell cryptocurrencies directly from their PayPal account. In addition, transactions can be conducted using these digital currencies. This article will delve into PayPal’s journey...

To this day, privacy arguably remains the fatal flaw of the most popular blockchain networks. Both Bitcoin and Ethereum use fully transparent public ledgers to store their transactions. While technically anonymous, careful digging can allow external parties – including governments – to uncover the identity of any number of parties behind an address or set of transactions. For the more privacy-focused blockchains and protocols, authorities have mostly banned centralized...

The cryptocurrency industry is rapidly changing. There’s no doubt about it. From a field reserved only for cypherpunks and heavily tech-oriented people to a global phenomenon that’s now ventured into the mainstream, blockchain is no longer a topic that’s raising as many eyebrows as it used to, and Web3 became mainstream in talks. Those who’ve been following the latest gaming and NFT developments have surely heard of Animoca Brands: one of the most prominent gaming studios and...

If the slew of smart contract hacks that netted attackers over $3 billion in 2022 has taught us anything, it’s that decentralized finance (DeFi) is still an immature industry. Besides exploits, DeFi still faces scaling issues related to the computational power needed to power complex transactions, and the throughput needed to support the worldwide financial system in the coming years.  As the current king of DeFi, the Ethereum network is worth assessing to identify the...