DPoS: Enhancing Blockchain with Democracy & Speed

DPoS: Enhancing Blockchain with Democracy & Speed

In A Nutshell Delegated Proof-of-Stake (DPoS) marks a significant evolution in the sphere of blockchain consensus mechanisms, introduced by Daniel Larimer in 2014. Designed to enhance scalability, efficiency, and democratic governance, DPoS differentiates itself from traditional Proof-of-Stake (PoS) by instituting a voting system that elects delegates to carry out the task of block validation. This…

Jason Derulo Caught in Crypto Controversy, Market Shaken

Jason Derulo Caught in Crypto Controversy, Market Shaken

In A Nutshell American singer Jason Derulo found himself in the spotlight not for his music, but for his involvement in the cryptocurrency market with the launch of his JASON tokens. Despite public declarations that he would never sell his share, analytics firm Bubblemaps has reported that Derulo did, in fact, participate in selling his…

Japanese Investors Eye Crypto, Survey Reveals

Japanese Investors Eye Crypto, Survey Reveals

In A Nutshell A recent survey conducted by Nomura, in collaboration with its digital asset subsidiary Laser Digital, has unveiled a significant shift in the investment strategy of Japanese institutional investors towards cryptocurrencies. The study, involving 547 investment managers across Japan, found that 54% of the participants are planning to allocate resources to digital assets…

Bitcoin DeFi Grows with New Innovations and Challenges

Bitcoin DeFi Grows with New Innovations and Challenges

In A Nutshell The burgeoning field of Bitcoin Decentralized Finance (DeFi) has witnessed the introduction of new features like Ordinals, Runes, and BRC-20 tokens, despite facing challenges such as a lack of base yield and fragmented liquidity. Innovations from projects like SolvBTC and Master Yield Market aim to integrate Bitcoin more deeply into the DeFi…

Kerrisdale Targets MicroStrategy Over Bitcoin Bet

Kerrisdale Targets MicroStrategy Over Bitcoin Bet

In A Nutshell Kerrisdale Capital, an investment firm known for its incisive research and strategic stock shorting, has recently directed its sights towards MicroStrategy. The core of Kerrisdaleā€™s argument hinges on the assertion that MicroStrategy’s stock is overvalued, primarily due to its substantial holdings in Bitcoin. Sahm Adrangi, the Chief Investment Officer at Kerrisdale, encapsulated…

Polkadot (DOT) Price Dips 9.69%, Eyes Recovery with AI Tech

Polkadot (DOT) Price Dips 9.69%, Eyes Recovery with AI Tech

In A Nutshell Despite a recent 9.69% decrease in its price, Polkadot (DOT) remains a focal point of optimism among cryptocurrency analysts. With its price fluctuating around $5.85, the future movements of DOT seem to hinge on its latest technological advancements and collaborations, potentially setting the stage for a rebound to either a support level…

3iQ to Launch North America’s First Solana ETP

3iQ to Launch North America’s First Solana ETP

In A Nutshell Digital asset manager 3iQ has recently announced the filing of a preliminary prospectus for a Solana exchange-traded product (ETP) named QSOL. This move is aimed at listing the product on Canada’s Toronto Stock Exchange (TSE). If successful, it would mark the first-ever Solana ETP listing in North America, showcasing Solana’s growing prominence…

DeFi Tech Stock Plummets 28% Amid Manipulation Claims

DeFi Tech Stock Plummets 28% Amid Manipulation Claims

In A Nutshell DeFi Technologies Inc., an exchange-traded product (ETP) provider, recently faced a significant stock drop of nearly 28% following a report by the crypto-focused newsletter CoinSnacks. The report accused DeFi Technologies of engaging in “questionable email campaigns” and utilizing crypto influencers to artificially inflate its stock price. DeFi Technologies has vehemently denied these…

Kraken Exchange Hit by $3M Hack Amid Extortion Attempt

Kraken Exchange Hit by $3M Hack Amid Extortion Attempt

In A Nutshell Kraken, a prominent cryptocurrency exchange, has disclosed an incident involving a critical security bug that led to the unauthorized withdrawal of $3 million in digital assets. This event has escalated into a case of alleged extortion by an individual or group posing as a security researcher. Despite the significant amount involved, Kraken…

Mirror World Labs Secures $12M for Solana GameFi Boost

Mirror World Labs Secures $12M for Solana GameFi Boost

In A Nutshell Mirror World Labs, a gaming studio focusing on Solana-based projects, has successfully raised $12 million in a Series A funding round. This significant influx of capital, led by notable investors such as Bitkraft and Galaxy Interactive, is earmarked for the enhancement and acceleration of their Sonic protocol. The Sonic protocol, first introduced…