Bitcoin saw a drop which only rivals its March crash on November 26 as selling pressure resulted in a landslide to near $16,000. Data from price trackers including CoinMarketCap and TradingView showed BTC/USD falling dramatically in Thursday trading, losing $17,000 support and bottoming out only near $16,300.
‘Ethereum 2.0 has lost credibility’: Kadena launches rival DEX
President Stuart Popejoy says Kadenaswap will be able to handle 480,000 transactions per second—and offer a safer smart contract language
Ethereum 2.0 has lost credibility as a project that will ship in any kind of predictable timeframe,” Kadena President Stuart Popejoy told Modern Consensus. “Ethereum’s congestion and high gas prices are providing a strong incentive for DeFi projects to consider other platforms."
Former Enron CEO seeks to transition from jail to blockchain
Jeffrey Skilling is reportedly working on creating a blockchain-based business aimed at connecting investors with oil and gas firms
Former Enron CEO Jeffrey Skilling is working on creating a blockchain-based company in the oil and gas industry, according to an article in the Wall Street Journal. Skilling was recently released after serving more than 12 years in prison for his role in the Enron scandal, which saw the energy-trading firm collapse in 2001 due to an enormous accounting fraud scheme.