Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.
Shardeum Mainnet Goes Live, Debuting Autoscaling L1 after Record Testnet Validator Participation
The EVM-Compatible Blockchain continues on its mission to facilitate an affordable blockchain ecosystem with fees as low as $0.01. Shardeum, the autoscaling Layer today announces the launch of its long-anticipated Mainnet on May 5th, 2025. It follows a highly successful testnet phase that attracted over 1.4 million global participants, and over 171,000 physically run validator nodes - the highest among Layer 1 testnets.
New Legislation Introduced, Federal Reserve Revises Guidance and SEC Hosts Custody Roundtable
Congress is back in session this week after a two-week recess. Several new pieces of legislation were introduced, including one directing the secretary of commerce to spearhead federal blockchain policy initiatives, another to help law enforcement combat financial scams and a third to amend taxation of digital assets in Puerto Rico.
It was a somewhat gloomy Cryptographers' Panel at the RSA Conference in San Francisco on Tuesday, with two of the industry's sages in a pretty grim mood. Adi Shamir, the S in the RSA algorithm and a cofounder of RSA Security, went off on cryptocurrency, saying its early promise has been wasted. While he said Satoshi Nakamoto's paper [PDF] on Bitcoin and its blockchain was "very lofty," its promise of becoming a decentralized way to exchange money digitally without government interference, or reliance on financial institutions, hasn't come through, in Shamir's opinion.
Authored by Amin Haqshanas via CoinTelegraph.com,Tokenization of real-world assets (RWAs) is evolving from an abstract concept to a practical financial tool as institutional players increasingly test and deploy blockchain-based infrastructure at scale.This past week alone saw a flurry of...
