Polygon’s steady ecosystem development and first mover status in launching a zkEVM has traders feeling bullish about MATIC price. Matter Labs, the firm managing Polygon (MATIC), announced that the beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM) would launch on March 27, 2023. It’s possible that Polygon will enjoy a first-mover advantage in this...Continue Reading
What is Bitcoin adoption like on the ground as peer-to-peer cash in the home of Bitcoin worldwide? Cointelegraph visits El Salvador to find out! The Bitcoin (BTC) white paper title describes Bitcoin as a “peer-to-peer electronic cash system.” So how is Bitcoin being used as a means of exchange, or electronic cash, in the first...Continue Reading
Blockchain technology — including zero-knowledge proofs — doesn’t yet provide adequate solutions for identity verification. The emergence of blockchain technology presents an opportunity to reexamine and innovate solutions used in our day-to-day life. Blockchains and, broadly speaking, the digital space fuelled by an artificial intelligence revolution urgently need to establish verifiable human identities to ensure...Continue Reading
According to Conflux, the BSIM will have a secure place to store digital private keys and will support transfer and exchange of NFTs. According to a Feb. 15 announcement, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, said that it secured a partnership with China Telecom to develop a blockchain SIM (BSIM) card....Continue Reading
The U.S. dollar index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington. Bitcoin (BTC) hit its highest in almost a week on Feb. 15 as “extremely positive” economic data boosted risk asset sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price aims for $23,000 Data from Cointelegraph...Continue Reading
The U.S. Trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX’s alleged misuse of customer funds. Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware has denied a motion appointing an independent examiner for FTX. In a Feb. 15 hearing, Judge...Continue Reading
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their...Continue Reading
PFP NFTs have seen a lot of adoption over the years. Can NFTs be valuable in real-world scenarios and address pain points with supply chains? What are the real-world challenges of implementing NFTs at scale across supply chains? Technology is often only a means to an end and is seldom a silver bullet. There are...Continue Reading
Angel investors are seed-stage financiers who offer mentorship to nascent businesses for equity, while venture capitalists inject substantial capital into later-stage firms. Angel investors and venture capitalists are two types of private investors who provide funding for early-stage and growth-stage companies. However, there are some key differences between them that we will cover in this...Continue Reading
The former CEO of Tmon, an e-commerce platform, has allegedly earned billions of South Korean won after selling the LUNA tokens he had received from Terra co-founder Shin Hyun-Seong for promotions. South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of won in...Continue Reading
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