Introduction For the past year or two, Bitcoin’s lightning network has been one of the most closely watched developments in the crypto industry. The Lightning Network is a layer-2 scaling solution built on top of the Bitcoin network. It bears similarities to the current settlement system used by companies like Visa…

Introduction It’s no secret that Bitcoin can only process around 7 transactions per second. To put that into a context, VISA routinely processes around 1,700 transactions per second, a figure it rarely exceeds, but could theoretically handle up to 65,000 transactions per second. At 1,700 transactions per second, Visa is significantly…

On Sunday 13th of June, Celsius Network announced they were halting all withdrawals, transfers, and asset swaps on the platform. The reasons given were “extreme market conditions” and to put Celsius in a “better position” to honor, over time, its withdrawal obligations. …

Blockchain use is steadily spreading across several industries and numerous real-world applications. Changes to the underlying protocol might usher in a new era of layer one blockchain networks. Web3 is multi-chain, giving developers several alternatives for developing on smart contract blockchains. Layer-1 smartchains have seen several developments, and it is…

With global inflation reaching new highs month after month and the Federal Reserve and Central Banks adopting a more hawkish tone, the United States and the global economy are highly vulnerable to an approaching recession or possibly a stagflation. If forecasters are true and the global economy faces another major…

2022 was supposed to be the year of economic recovery, with companies resuming full operations after the pandemic and consumers spending their accumulated funds on all the vacations and activities they had missed out on due to the virus. Several media outlets claimed it would be the new “roaring twenties,”…