Circular, a well-known issuer of stablecoins, has made an announcement on April 9, 2024, about extending the compatibility of its USD Coin (USDC) to Ethereum‘s zkSync – a zero-knowledge layer-2 solution. This development is a noteworthy advancement for the ecosystem, allowing developers to make use of USDC on an effective and scalable platform. The implementation … Read more
XRP has surpassed the $0.6 threshold once more following a week of adjustments in the prices of significant cryptocurrencies. This upward trend, fueled primarily by Bitcoin‘s rise, has resulted in many cryptocurrencies displaying gains since the weekend. XRP, which is among the top crypto assets based on market value, experienced a growth spurt. Its price … Read more
The next consensus layer-focused hardfork coming to Ethereum is the Electra upgrade and developers have been busy reinforcing the upgrade with certain EIPs that offer specific functions. The 4 key EIPs were teased by Galaxy Researcher Christine Kim. Ethereum Electra Upgrade Sees Multiple Implementation The Ethereum Electra protocol is set to be activated on the … Read more
Recently, Monad Labs successfully raised a large amount of investment funds with Paradigm leading the way. This demonstrates a strong belief from investors in the promising future of Monad Labs’ blockchain project. A $225 million investment round led by Paradigm, with participation from Electric Capital and Greenoaks, represents a strong endorsement of Monad Labs’ vision … Read more
The Shibarium platform caused a stir in the cryptocurrency community when its daily transactions suddenly increased an incredible 10x over just one day, according to Shibariumscan’s data. This significant jump has ignited conversations among crypto fans, particularly those who support the Shiba Inu project. The rise in transactions indicates a strong comeback for Shibarium, but … Read more
In 2014, Thesis – a venture studio – introduced Mezo as their latest project. Mezo is described by Thesis as a Bitcoin layer-2 solution, which they call the “Bitcoin Economic Layer.” Following a successful $21 million Series A investment round, this launch marks an exciting development for Thesis. Bitcoin Layer 2 Mezo’s Series A Funding … Read more
The cryptocurrency market bounces back following several disappointing days, caused by widespread selling off of digital currencies and meme coins leading to significant losses. Negative investor feelings resulting from dropping prices erased previous gains that had been accumulated over months. This week, the broader cryptocurrency market started off strong, with some coins surging as much … Read more
The price of Ethereum has noticeably lost momentum since Monday’s bullish trend, now hovering around $3,500 as it searches for support. This pattern echoes the recent correction in Bitcoin‘s price, which dipped to $69,000 following a peak at $72,000. Some investors are optimistic and plan to buy the dip before the upcoming Bitcoin halving event. … Read more
In the fast-paced global competition to advance artificial intelligence (AI), countries are confronted with growing challenges posed by this innovative technology. Today, Italy’s government took a significant step forward, considering harsher penalties for crimes involving AI tools. These offenses would include market manipulation and money laundering. By addressing these issues, Italy joins the ranks of … Read more
In reaction to increasing demands from international regulatory bodies, Worldcoin (WLD), the worldwide digital identity and cryptocurrency project, has unveiled enhanced privacy protections. As stated in a recent blog entry, these new Worldcoin functions empower users to manage their personal data while preserving the network’s robustness. Worldcoin Recommits to Users’ Privacy The latest update focuses … Read more