INSIGHT
Sam Shim "Supporting Korean Developers Advance Into the World"
As a layer 1 blockchian of Binance, 'Binance Chain(BNB Chain)', has been cleary growing during 'Crypto Winter'. The BNB chain has long surpassed the Ethereum network by expanding its force with the growth of 'NFT' and 'DeFi'. In the market, BNB Chain, which has the world's No. 1 exchange Binance on its back, would consider it as the global largest layer 1 blockchain. The BNB chain has given blockchain developers the perception of 'a front runner' that it has the largest scale of blockchain in the world. However, it is still unfami
INSIGHT
Tom Lee & Chae-rin Kim "Solana Is Still Growing After FTX Crisis"
In 2021, the concept of Web 3.0 was introduced to the public as NFT and DApp emerged as the trend of new technology. Solana(SOL) heated up the market with emerging technology projects at the center. Solana has emerged from the Ethereum-dominated market ecosystem as one of the next-generation power forces in the era of Web 3.0. Solana is definitely the one that grew the most among blockchain projects during last two years. However, last year, the collapse of FTX, a major partner of the Solana Foundation, caused Solana's price to plunge, which is suffe
INSIGHT
Scott Lee "NEAR Protocol Is Dreaming of Web 3.0 Transformation"
From 2021, the term 'Web 3.0' has appeared on a large scale around the world, suggesting a huge change to society. In the existing Web 2.0 world, a number of web 3.0 projects that include new concepts with somewhat unfamiliar terms such as 'Smart Contract' and 'DApp' would be introduced and some of which have made big trends. Projects that have emerged to build a Web 3.0 world have fascinated developers and investors with their own technology, and this process is still ongoing. These projects are persuading the world with their own definitions and strategies of the concep
INSIGHT
The Era of Petro Yuan Is Coming With Blockchain
The stablecoins pegged to Chinese yuan becomes a new 'Petro Yuan'. # 'Petro Yuan' Emerged in Conjunction with The Release of Stablecoin Pegged to Chinese yuan This month, Tether, the No. 1 stablecoin issuer in the market capitalization, has begun to promote the news of CNHT issuance in earnest. CNHT is an stablecoin pegged to offshore Chinese yuan. Although they released the CNHT in 2019, they has left it unsed for around three years. However they announed they will distribute CNHT through Tron blockchain network(TRC
INSIGHT
Binance Joins The Chamber of Digital Commerce to Support Building a Regulatory Framework for Crypto
PARIS, Dec. 20, 2022 /PRNewswire/ -- Binance, the global blockchain ecosystem behind the world's largest digital asset exchange, today announced joining the Chamber of Digital Commerce, a leading blockchain and cryptocurrency trade association. Binance joins the Chamber's Executive Committee to move the blockchain ecosystem forward alongside other industry players. "As an organization at the crux of the industry's rapid growth and complex regulatory environment, working hand in glove with policymakers, regulatory bodies and industry groups like the Chamber
INSIGHT
Gensler, 'Necessary Evil' For Intentional Crypto Bear Market
U.S. Securities and Exchange Commission Chairman Gary Gensler's stubborn persistency on crypto market was a inentional production. # Gansler and His Doubtful Suspicions Recently, a collusion between Gary Gensler and FTX's former CEO Sam Bankman-Fried became an issue , leaving the market in great confusion. Many people reported that Gensler was Sam Bankman-Fried's helper, especially helping Sam Bankman-Fried establish a securities trading platform IEX. On November 15, amid the collapse of the FTX and a major disrupt
INSIGHT
What is the Cause of Chaos Triggered by the FTX Crisis and How Could It Be End?
# There Can't be Two Suns In Novemebr, FTX went bankrupt five days after the capital liquidity crisis, overshadowing its reputation as the world's second-largest exchange'. Binance CEO Changpeng Zhao broke down the stronghold of the world's second-largest exchange in just two days after he expressed his intention to sell all of the FTT held by his company. FTX, which seemed similar to Binance but showed a great presence in the cryptocurrency market with different moves, has achieved significant growth this year. It would have been the best year wit
INSIGHT
The Collapse of $22 barrier of FTT Led Crypto Maket Crash
Market fears are coming true as FTX Sam Bankman-Fried's barrier, which said it would defend the price of FTT at $ 22, has been collapsed. The '$22 barrier' of FTT was collapsed from 11:35 a.m. on Nov. 8. FTT has been falling repeatedly, recording about $15 based on the Coinmarketcap at 2 p.m. It's down about 30 percent from $22 that Sam Bankman announced to defend. On Nov. 7, Binance CEO Changpeng Zhao pointed out the financial solvency of FTT through his Twitter account and dropped a bombshell that Binance will sell all of
INSIGHT
Bitcoin's 14th birthday, Pronounced Dead 464 Times
After Satoshi Nakamoto released the Bitcoin White Paper on Oct. 30, 2008, two months later, at 6:15:05 p.m. on the 1st, 2009, the Genesis block (the first block created in the distributed data storage blockchain) was first created, and Bitcoin (BTC) made its debut in the world. The Bitcoin Genesis block address was '1A1zP1eP5QGeffi2DMPTfTL5SLmv7 DivfNa', which was the first 50 BTC to be created and included in the address at the time. Bitcoin, which is the first cryptocurrency made with blockchain technology and has now become
INSIGHT
Stablecoin Opens U.S. Dollar Hegemony Renaissance
# The Limitations of Dollar and 'Strong Dollar' Phenomenon Leading the Popularity of Stablecoin In October, when 'stagflation' accompanying inflation and economic recession has became a reality around the world, stablecoin emerged as a 'hot' asset in many parts of the world. While the global asset market has fallen sharply amid high inflation, the value of the dollar, the 'world's safetest asset', has become safer and more solid. Many people in the 'global village' want the dollar. Amid the high value of the dollar, the adoption of stablecoin that the value is pegge
INSIGHT
Bitcoin, a 'Risk Asset', Is Reborn As a 'Safe Asset' in 'Strong Dollar' Era
Despite the collapse of the asset market due to 'strong dollar' phenomenon, Bitcoin (BTC), referred as a 'risk asset', is showing a great price defense. In late September, the value of the dollar, considered as a typical 'safe asset', recorded the peak amid inflation still sweeping the world. In the last week of September, the U.S. stock market, which was a symbol of 'U.S. capitalism', collapsed sharply, led by Apple's 5% decline. It wasn't just the U.S. stock market. Due to the characteristic of 'global village', the value of other countries' legal curr
INSIGHT
World's Fastest Growing Staking Service Provider Born out of Lugano, Switzerland
LUGANO, Switzerland, Oct. 4, 2022 /PRNewswire/ -- Luganodes is a Swiss-based institutional-grade staking service provider, providing world-class blockchain infrastructure to PoS networks and enabling institutions with the right products and services of today and tomorrow. Luganodes aspires to play a critical role in securing and scaling Proof of Stake (PoS) networks through efficient, secure, and scalable decentralized infrastructure. Proof-of-Stake (PoS) consensus-based blockchains have validators instead of miners. Validators are servers (nod
