Donovan Choy

Blog Info CryptoSlate
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Stats Has written 5 posts about cryptocurrency

Jan 15 2022

The key drivers behind Fantom’s recent price rally

Jan 15 2022 Published at CryptoSlate under tags  altcoins

At the time of writing, crypto is entering a bear market as Bitcoin, Ether and most Layer-1 altcoins have dipped 20-30% from its all-time-highs. Defying these trends is the ghost-themed Fantom blockchain. In the past month, its native token FTM has seen a surging price rally of 121% to $3.02. Statistics of Fantom's performance is nothing short of impressive. Total-value-locked on Fantom went...

Jan 14 2022

Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future

Jan 14 2022 Published at CryptoSlate under tags  defi parachains

In a much-publicized tweet this past week, Vitalik Buterin voiced his opposition to the use of cross-chain solutions by Ethereum and other blockchains, in favor of a multi-chain future. My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop across multiple...

Jan 12 2022

Jerome Powell softens regulatory stance against stablecoins, says can coexist with the Fed’s CBDC

Jan 12 2022 Published at CryptoSlate under tags  cbdcs regulation stablecoin stablecoins

In a Senate Banking Commitee press conference this past Wednesday, Federal Reserve Chair Jerome Powell clarified in response to a question on whether a potential Fed CBDC would preclude the existence of privately-issued stablecoins, to which Powell responded "No, not at all." Letting stablecoins coexist and compete against a Fed digital dollar has big implications. It would mean that the latter, when it...

Jan 06 2022

What Are Andre Cronje and Daniele Sestagalli Collaborating On?

Jan 06 2022 Published at CryptoSlate under tags  defi

Daniele Sestagalli of Wonderland fame tweeted on January 5th the incoming launch of a new coin as part of a collaboration with veteran DeFi software developer Andre Cronje. If you’re asking, me and Andre are launching a new coin on...

Jan 04 2022

Op-ed: The myth of cryptocurrency crime

Jan 04 2022 Published at CryptoSlate under tags  crime opinion privacy

One of the most pernicious myths about crypto is that they are widely adopted for criminal use. This idea has been perpetuated by policymakers and businesspersons alike, from JPMorgan CEO Jamie Dimon, who claimed Bitcoin was only for use by “criminals and North Koreans”, to European Central Bank President Christine Lagarde who said Bitcoin...

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