The Crypto Round-Up: March 17, 2021

In the last 7 days, the crypto trends are still making some noise in the crypto community. Mainstream institutions and other sectors have already shown interest in jumping into the cryptocurrency industry. We believe that no one should be left behind in the current headlines. Have a read and stay updated!

Ethereum to the Moon with its Upcoming Layer-two Rollups

Vitalik Buterin has discussed the envisioned future of the Ethereum network once the second-layer scaling model rolls out. The layer-two solutions are designed to help scale applications by handling transactions off the main Ethereum chain or layer 1. Without declaring the exact date, Buterin says that it may take off in the next few months. Read more

The Incoming SEC Chair could Withdraw the Ripple Lawsuit

Gary Gensler’s nomination as Chairman of the SEC role may affect how Ripple’s lawsuit will play out. Gensler is the former Commodities Futures Trading Commission (CFTC) chairman under the Obama administration and is well known for his expertise in the blockchain industry. He promotes digital assets as a “catalyst for change”. The former SEC Commissioner, Paul Atkins, expressed his thoughts that Gensler may withdraw the case. Read more

Elon Musk’s “Song About NFTs”

In Elon’s Musk tweet, he mentioned that he would be selling an NFT which is “a song about NFTs”. This particular NFT has a strong electronic music vibe and includes words and phrases as “HODL” and “Vanity Trophy.” The Dogecoin’s Shiba Inu mascot has also been included. It has caught the attention of the would-be investors and attracted a $1.1 Million bid. Read more

Cryptocurrency Making its Way to High Schools

The House of Representatives in Georgia state proposed a bill to develop a program focused on financial literacy, recognizing cryptocurrency as a part of the special learning area on the curriculum. Other sectors already recognized crypto and the educational sector was not left behind. Read more