Deloitte believes that Bitcoin and cryptocurrencies can help deliver a fast, secure and efficient payment system and facilitate efficient cross-border transactions, but there are challenges that need to be overcome first. In the latest work, “government-sponsored cryptocurrency,” Deloitte has brought a new perspective to a central bank's digital currency by renewing the traditional fiat currency system and adapting Bitcoin's innovation.
MetaMask Reaches 30 Million MAUs While ConsenSys Receives $450 Million Investment
ConsenSys, a leading Ethereum software company, announced an additional $450 million in D Series financing. This raises the company's total valuation to over $7 billion. According to a company press release, the fund will be used to help further expand the Ethereum ecosystem by hiring more than 600 new employees worldwide. New investors participating in this tour include Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures and C Ventures.
Ethereum's Former Co-Founder Describes Solana as 'Unsustainable'
Lubin told the Financial Times that Solana pays disproportionate rewards to users who validate transactions on the network in relation to the proceeds from the transactions. That's why he believes Solana needs to find a more sustainable business model.
Ethereum Gas Fees Down to a 8-Month-Low
Ethereum prices have been falling steadily over the past few months. Part of this can also be explained by the latest bear trend, which saw the crypto market deceleration. In addition, as more competitors emerged, activity in the network began to stabilize. Therefore, the network congestion, which led to higher fees last year, has decreased.
Ethereum Successfully Merges to Proof of Stake on Testnet
The latest testnet, the Kiln, has reported that Ethereum investors are waiting. Ethereum successfully merged to the Proof of Stake on the testnet, according to a statement by the Ethereum developer.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.