Regulators should focus on the benefits of crypto: European Web3 Summit 2023

The zk-SNARKs upgrade promises to significantly improve the security and transparency of the verification process. 150 Total views 17 Total shares Own this piece of history Collect this article as an NFTOn Feb 10, Cryptocurrency exchange Binance announced a major upgrade to its Proof of Reserves Verification system to include zk-SNARKs — a cutting-edge technology that…

Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol. 279 Total views 5 Total shares Stablecoin issuer Circle has announced it has begun minting USD Coin (USDC) natively on the Ethereum layer-2 scaling protocol Polygon.USDC is accessible to users and developers without bridging the stablecoin from Ethereum to

Even though this winter continues to stress test the case for Bitcoin advocation, some lawmakers strive to put their names on the crypto hot list. Own this piece of history Collect this article as an NFTEven though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their…

Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency. 784 Total views 3 Total shares A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked

A hacker has made off with $2.8 million after draining $11 million from Yearn Finance’s V1 DAI vault. 45 Total views 1 Total shares DeFi protocol Yearn Finance has reported that its V1 yDAI vault was exploited by a hacker to the tune of $11 million on Feb. 5. However, the hacker failed to reap…

Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8.Citing sources familiar with the matter, Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside investment…

Leading NFT collectibles issuer Dapper Labs has announced a deal with Dr. Seuss Enterprises to launch tokenized collectibles depicting the firm’s iconic characters. Dapper Labs, the team behind the pioneering non-fungible token (NFT) game CryptoKitties, has partnered with Dr. Seuss Enterprises to launch tokenized digital collectibles depicting the company’s most iconic characters.Announced on July 21,…

Collectors will now have to seek out Damien Hirst’s NFTs on secondary markets after the drop was oversubscribed by more than six times. Leading contemporary artist Damien Hirst’s NFT drop dubbed “The Currency” has been oversubscribed by more than six times. The Currency drop consists of 10,000 unique colorful dot pattern artworks with a corresponding…

The Thai SEC is seeking public input for newly proposed crypto custody regulations until late September. 775 Total views 7 Total shares The Securities and Exchange Commission (SEC) of Thailand continues introducing new regulations for the cryptocurrency industry, citing investor protection concerns.On Wednesday, the Thai SEC proposed a set of additional regulations related to custody of…