Author: CryptooTimes
ZkSync is a layer-2 network designed to scale Ethereum, providing cheaper transactions by performing computation and storing data off-chain; taxonomically speaking, it’s classified as a sub-type of layer-2 known as a ZK rollup, which relies on zero-knowledge cryptography, seen as one of the most promising new technologies in blockchain. Source link
Experience the Next Generation of DeFi with the Exclusive Testnet Launch on May 13th Introduction The realm of decentralized finance on Aleph Zero is on the brink of a transformative leap with the upcoming launch of the Kintsu Testnet, exclusively set for May 13th. This pivotal event heralds the introduction of liquid staking on the Aleph Zero blockchain, promising to redefine user engagement and asset management within the crypto ecosystem. @Kintsu_xyz–a liquid staking protocol built on Aleph Zero–has just announced their exclusive Testnet release on May 13th! A select group, including the Kintsu OGs, will have the opportunity to participate…
Over the last seven days, the non-fungible token (NFT) market saw sales reach $145 million, reflecting a decline of over 9% from the previous week. This downturn continues a trend of falling sales over recent weeks, with four out of the top five blockchains by sales volume seeing decreases during this period. Last week, as reported by crypto.news, sales of digital collectibles dropped by more than 11%, and this week, they fell by another 9.68%, totaling $145.01 million, per data from CryptoSlam. Bitcoin leading the pack As seen in previous weeks, Bitcoin (BTC) continued to lead the weekly NFT sales,…
The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain. Source link
CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source link
In a compelling interview with Genfinity, billionaire venture capitalist Tim Draper shared his deep insights into the transformative potential of blockchain technology and its broader implications on the global economy. Known for his visionary investment strategies, Tim discussed his path from a successful venture capitalist to a passionate advocate for Bitcoin and decentralized financial systems. Furthermore, Tim emphasized the revolutionary impact of Bitcoin, predicting its role in overcoming regulatory hurdles and redefining economic freedom worldwide. Tim’s journey into the realms of business and media was not merely a linear trajectory but a vibrant mosaic of experiences and epiphanies. He remembers…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Picture the scene: you’re about to deposit your savings at a new bank. But as you’re filling out the forms, you come across a news story about a $624 million theft caused by a devastating exploit to the bank’s computer system. You start to look at other banks to find a safer alternative, but things aren’t that easy. You see, you have no way to properly differentiate or evaluate each bank’s back systems, and thefts are commonplace—in…
Trader makes millions after PEPE price soars, a new gas model for Ethereum, and Tornado Cash developer convicted. Source link
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Introduction In the rapidly evolving world of blockchain technology, the XDC Network stands out as a transformative force in asset tokenization. With its advanced features and a strategic focus on real-world applications, innovations on the XDC Network are paving the way for new standards in how we manage and transact assets digitally. XDC Network Overview The XDC Network is an EVM-compatible layer 1 built to address the multi-trillion dollar trade finance gap and enable the tokenization of real-world assets. As a delegated PoS blockchain, the XDC Network allows high transaction volumes in seconds without large energy demands, providing a sustainable…
