The intersection of ZK proofs and multichain bridges has become one of the industry’s more intriguing development. Zero-knowledge (ZK) proofs, or cryptographic methods that allow one party to prove to another party that something is true without revealing any sensitive underlying private information, have been a hot topic of discussion among crypto veterans. At last...Continue Reading

Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound. On July 24, Bitcoin (BTC) experienced a flash crash, plummeting to $29,000 in a movement now attributed to significant BTC holders potentially liquidating their positions.  Amidst the crash and market uncertainty, Bitcoin’s three major trading metrics...Continue Reading

ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining. Ether’s price fell this week, and several data points are beginning to suggest that further downside could be in store.  On July 24, Ether (ETH) experienced a drop close to its monthly low, reaching $1,825 amid Bitcoin’s (BTC) negative price...Continue Reading

U.S. District Judge John Koeltl granted a continuance for former Celsius CEO Alex Mashinsky’s trial start date, citing the “volume of discovery” and the “complexity of the case”. Attorneys with the United States Department of Justice have extra time to make discovery and give former Celsius CEO Alex Mashinsky’s defense team time to review related...Continue Reading

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack. The alleged Alphapo payments provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The loss was previously reported at roughly...Continue Reading

Called “Avalanche Vista,” the initiative will consider investing in any asset that can be tokenized. The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25. Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #Avalanche Tokenization is...Continue Reading

The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022. The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody services to residents.  In a July 25 announcement, Rain said the regulatory approval will...Continue Reading

The lending app was drained of funds using a “read-only reentrancy” bug, a type of vulnerability that is often difficult for auditors to spot. Lending app Era Lend on zkSync has been exploited for $3.4 million worth of crypto, according to a July 25 report from blockchain security firm CertiK. The attacker used a “read-only...Continue Reading

“It is with a heavy heart that I am writing today to share news about team restructuring efforts we are effectuating today,” wrote CEO and co-founder Michael Wagner. Solana game developer Automata (ATMTA) will undergo “a significant headcount reduction” to preserve its ability to develop Star Atlas. After the restructuring, the Automata team will comprise...Continue Reading

Learn about the crucial differences between compilers and interpreters and how they affect code execution and development. Compilation and interpretation are the two primary methods for executing code in the realm of programming. In order for computers to comprehend and execute high-level programming languages, compilers and interpreters are essential tools. Although they have this in...Continue Reading