Chinese Companies That Have Nothing to Do With Crypto Are Pivoting to Mining
While these moves seem opportunistic at first glance, some of the companies are well-positioned to get involved in bitcoin mining.
Some analysts worry that rising bond yields might prompt the Federal Reserve to tighten historically loose monetary policy, prompting a correction in assets perceived as risky.
Will wealth flow to layer 1 or layer 2? It depends on the use case, says a long-time observer and investor.
The round was joined by a host of cryptocurrency projects that are considering adding zkSync, including Coinbase, Aave and Curve Finance.
“Cash is king in times of distress, not bitcoin,” said one market watcher.
Hashmasks sell for hundreds of thousands of dollars. But they also might set the bar for what digital art should look like.