Evening Must-read | How Blockchain and Ethereum are Changing the World

Blockchain and Ethereum changing the world: Must-read evening article.

1. Restaking and Utilizing EigenLayer’s Omni Network

EigenLayer is building a new mechanism called restaking that allows protocols to leverage Ethereum’s security without having to build their own validation mechanism. Restaking allows already staked ETH to be distributed as a new cryptographic economic security layer on the protocol. Click to read.

2. Cryptocurrencies, Tokens, and Decentralized Finance: Regulatory Guidance

The Financial Stability Institute (FSI), a subsidiary of the Bank for International Settlements (BIS), has released a paper on “Cryptocurrencies, Tokens, and Decentralized Finance: Regulatory Guidance,” which outlines the policy measures taken by 19 jurisdictions to address the risks associated with activities that incorporate crypto assets and DLT programmability into financial services. The Institute for Financial Technology at Renmin University of China compiled the core contents of the report. Click to read.

3. Why Crypto Matters: How Blockchain and Ethereum Are Changing the World

The concept of information is a modern idea that has recently been invented. Although humans have been creating and using information technology (such as writing, printing, and telegraphy) for hundreds or thousands of years, it was not until the last century that we clearly articulated the commonality of all these things and realized they could be understood as a category. Click to read.

4. Will “Rare Cones” Be the Next Cryptocurrency Craze?

Following this year’s BTC-20 serial inscription frenzy and memecoin minting craze, rare cones may be the next big thing in cryptocurrency. In the world of cryptocurrencies and Bitcoin, uniqueness and rarity are highly sought after characteristics. Currently, not everyone can afford a whole Bitcoin, which is why rare cones could become the next hot trend. Click to read.

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5. Hong Kong vs Singapore – A Comparison of Cryptocurrency Policies

Hong Kong and Singapore are both well-known financial centers in Asia, and with the rise of cryptocurrencies, both places are competing to become the golden land of Asian cryptocurrencies. Cryptocurrency is a digital currency that is protected and managed through cryptography and blockchain technology, and has characteristics such as anonymity, decentralization, and decentralization. Currently, many countries around the world are exploring and formulating cryptocurrency-related policies and regulations, and Hong Kong and Singapore are no exception. Click to read.

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