Blockchain insights hub

A broader downturn in the market, the Terra fiasco, ongoing talks of stricter regulation, tightening monetary policies, and accelerating growth of crypto theft have all contributed to the crypto bear market 2022. While the drop in the price of assets has indeed been shocking, we have been here before. 2018 saw a crypto bear market […]

At the time of writing, the entire stablecoin market is worth over $180 billion. Their supply on the crypto market is growing rapidly, with USDT ($77.17 billion), USDC ($47.16 billion), BUSD ($17.53 billion), and DAI ($6.75 billion) leading the pack. Source: The Block Despite the large market capitalization of stablecoins showing that many people have […]

Music is an inescapable part of our collective human experience and culture, with Web2 giving us access to a range of music that our parents and grandparents could never have even dreamed off. This is largely down to the advent of streaming services, where any song can be heard at the click of a mouse. […]

All blockchains operating with the proof of work consensus algorithm use mining to validate and verify new blocks, which is an expensive and time-consuming process. Especially over the past year, there has been an intense focus on the environmental impacts of proof of work mining. According to the Cambridge Bitcoin Electricity Consumption Index, Bitcoin consumes […]

The climate crisis is one of the most pressing issues in the modern world.  People are demanding action from their governing bodies, who are then putting pressure on companies. While organizations are slowly integrating sustainability action plans into their operations and increasing their spending on alternative energy sources, it is still a drop in the […]

Before the advent of the Ethereum blockchain, smart contracts, and DeFi, there was no need for users to transfer assets from one blockchain to another; however, given the variety of networks and their functionalities which are suitable for different objectives, it is now considered restrictive to use only one blockchain. There are hundreds of layer […]