Antimatter

  • The Emerging Power of Interoperability: Celer Network’s cBridge Now Bridges MATTER Tokens between Ethereum and BNB Chain’s Antimatter

    On April 20, it was reported that Celer Network, a cross chain interoperability protocol, announced that its cBridge supports bridging MATTER tokens between Ethereum and BNB Chain

    04/20/2023
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  • TITLE: Bitcoin: The Antimatter of Partially Provisioned Banks

    According to reports, Adam Back, CEO of Blockstream, a cryptographic infrastructure company, said that Bitcoin is the antimatter of partially provisioned banks, and partially provisioned banks may not be able to survive in the interaction. “Too many people withdraw money to buy Bitcoin, and banks will run out of reserves and fail. No bank can survive a 10% rapid withdrawal.”. Adam Back: Bitcoin is the antimatter of partially reserved banks Analysis based on this information:KEYWORDS: Bitcoin, Antimatter, Partially Provisioned Banks Adam Back, CEO of Blockstream, recently made a statement during an interview that caught the attention of the cryptocurrency community. Back compared Bitcoin to the antimatter of partially provisioned banks, warning that these institutions may not be able to survive in the interaction. His statement raises questions about the potential impact of Bitcoin on traditional financial systems and the possible threat it poses to partially provisioned banks. Partially provisioned banks are those banks that do not hold 100% of the…

    03/18/2023
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