It’s becoming more and more normal to use blockchains directly as smart contracts proliferate in adoption. But in an environment where everyone uses them, people will expect unwavering performance, privacy, and security — and only Zero Knowledge cryptography can help achieve all three. Zero Knowledge Proofs, or ZKPs for short, are an important branch of […]
Adam Cochran, founder of Cinneamhain Ventures and a prominent Market observer, recently rebelled against SEC Chairman Gary Gensler regarding the securities classification of cryptocurrencies. Cochran urged SEC Chairman Gensler to clear up the confusion about his statements, specifically asking him to define Ethereum’s status clearly. This critique follows the SEC’s request for revisions in the […]
Bitcoin ETFs attracted $237 million in inflows on May 20, aligning with Bitcoin’s 7% price surge to $71,000, driven by optimism for a spot Ethereum ETF approval. Bitcoin ETF Flow Table | Source : Farside Investors According to Farside Investors data, Bitcoin spot ETFs recorded a net inflow of $237.2 million, surpassing daily BTC mining. Grayscale’s […]
The Sei Foundation’s plans to unveil a major upgrade to Sei blockchain version 2 caused a 10% surge in the value of Sei (SEI) token. SEI Price Chart | Source: CoinMarketCap This upgrade aims to introduce a high-speed, parallelized Ethereum Virtual Machine (EVM), enhancing network speed and compatibility with Ethereum contracts. The Sei Foundation’s proposal […]
House Democrats in the United States aren’t forced but strongly encouraged to vote against two pro-crypto bills up for a floor vote this week. The party leaders’ email, shared by POLITICO, didn’t push members to oppose the Republican-led Financial Innovation and Technology for the 21st Century (FIT21) Act and the CBDC Anti-Surveillance State Act. FIT21 […]
Gala Games, a blockchain gaming platform, has been struck by another security breach. Around $200 million worth of $GALA tokens were minted and systematically sold by a rogue Gala Games admin address. According to on-chain movements, tokens worth $200 million were being exchanged for ETH. More use of decentralized systems would help prevent such exploits. […]
Brazil’s Central Bank has decided to phase the regulation of crypto-assets and virtual asset service providers, with proposals expected by year-end. This follows a delay from earlier projections to complete the regulatory framework by mid-2024, as stated by Otavio Damaso, the bank’s director of regulation. The Central Bank plans to split the regulatory process into […]
Coinbase’s Chief Policy Officer Faryar Shirzad shared a post on X today that former Florida Congressman Kendrick Meek has joined the crypto exchange’s Global Advisory Council. The council was established back in May 2023 to address the complexity and developments in the crypto industry. Very honored to have @KendrickMeek join the @coinbase Global Advisory Council. […]
Rui-Siang Lin, a Taiwanese national, was apprehended at John F. Kennedy Airport for allegedly masterminding Incognito Market, a dark web platform facilitating illegal drug sales globally. Lin, operating under the pseudonym Pharoah, is accused of overseeing Incognito Market’s operations, including vendor management and financial transactions. The market, active from October 2020 to March 2024, reportedly […]
Astar Network has officially launched Astar Studio, an innovative web3 developer platform integrated with Sequence technology, aimed at streamlining the development of next-generation decentralized applications (dApps) on Astar zkEVM Source: Astar zkEVM Astar zkEVM represents a cutting-edge zero-knowledge Layer 2 (L2) blockchain scaling solution, leveraging Polygon CDK, and is the first to integrate with the […]