Uniswap Drives 37% Surge in Layer 2 Trading on Ethereum

As an analyst with a background in blockchain technology and experience following the crypto market, I find Uniswap’s growth on layer 2 networks (L2s) to be a significant development. The exchange’s trading volume has increased by over 650% in the last 24 months, reaching $30 billion in 2022. This growth is primarily driven by platforms … Read more

Eigenlayer Announces EIGEN Token for NFT Owners

As a seasoned crypto investor with a strong background in Ethereum and decentralized finance (DeFi), I’m excited about the potential of Eigenlayer (EIGEN) and its upcoming coin. The focus on inter-subjective collaborations and the use of NFTs to generate profits is an intriguing concept that could disrupt traditional markets. Eigenlayer, part of Ethereum‘s staking protocol, … Read more

Moonbirds NFTs Shift to Commercial Rights with Yuga Labs

As an analyst with a background in intellectual property law and experience in the NFT market, I view this shift in Moonbirds’ copyright policy as a strategic move aimed at enhancing the value proposition for its owners. By granting exclusive commercial rights to Moonbirds holders, Yuga Labs is likely seeking to create a more robust … Read more

Venezuela Turns to Crypto for Oil Sales Amid U.S. Sanctions

As a seasoned crypto investor who has closely followed the developments in the Venezuelan economy and the role of cryptocurrencies in it, I cannot help but express my concerns regarding the latest news coming out of Caracas. The increasing reliance of Venezuela on cryptocurrency for oil sales amidst the US sanctions is a double-edged sword. … Read more

Venezuela’s Crypto Use Under Scrutiny as Oil Sanctions Bite

As a seasoned crypto investor with a keen interest in global economic developments, I’ve witnessed firsthand how the crypto market has become a lifeline for countries like Venezuela in times of crisis. The latest news regarding PDVSA’s exploration of more crypto trades for oil exports is both fascinating and concerning. Venezuela turns to cryptocurrency for … Read more