Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer

The European Union signed the Markets in Crypto-Assets (MiCA) regulations into law on May 31, making way for the landmark regulatory guidance on crypto assets and service providers to come into effect.First drafted in 2020, the EU’s regulatory package will govern the issuance and scope of services related to the cryptocurrency market. The European Parliament…

Diamonds may be a girl’s best friend, but unfortunately, the billion-dollar diamond industry is rife with scandal and fraud. There have been a number of cases where lab-grown diamonds have been graded as natural diamonds. An example of this was seen last year when the International Gemological Institute analyzed and graded a 6.18ct lab-grown diamond,…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.Amid the growing number of hacks in the DeFi ecosystem, a smart contract developer has made a new Ethereum request for comment (ERC) proposal to introduce a circuit…

The U.K. Competition and Markets Authority said it would examine AI’s development, deployment and social impact. 153 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom’s Competition and Markets Authority (CMA) has turned its attention to artificial intelligence (AI) after announcing an examination of the impact of…

Web3 has given rise to a number of innovative business models. In particular, decentralized autonomous organizations (DAOs) have started gaining traction as Web3 as the creator economy comes to fruition. Natalie Salemink, CEO and founder of Prismatic — a tooling and treasury management platform for DAOs — told Cointelegraph that DAOs are internet-native organizations that utilize…

Among the digital artwork is a piece created as a tribute to late actor Chadwick Boseman, with the proceeds from the auction benefitting the Colon Cancer Foundation. 3305 Total views 24 Total shares A project will be distributing nonfungible tokens, or NFTs, in the gift bags of 25 actors, actresses, and directors nominated for their…

The Oxford English Dictionary (OED) announced on Oct. 9 that it added the word “Satoshi,” Bitcoin’s (BTC) smallest unit.In the update published on the firm’s blog, OED notes that the word is the most recent addition to its dictionary, claiming the word was first used seven years ago. The announcement notes:“A satoshi is the smallest…

Bitcoin price drops to new lows, but analysts expect BTC's consolidation to end within a month.

Singapore's central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan.A Nov. 11 report from The Business Times indicates that the prototype is designed to enable payments denominated in different currencies to be completed on the same network.Interfaces with other blockchain networksThe Monetary Authority of Singapore (MAS) — …