The blockchain world is constantly evolving, and layer-2 solutions powered by zero-knowledge (ZK) proofs have gained significant attention. And now, a new player has entered the ecosystem as Manta Network launches its ZK-as-a-service platform. Manta Pacific, a modular L2 platform, is specifically designed to support Ethereum Virtual Machine (EVM)-native decentralized applications (DApps) by utilizing ZK-proof
The rise of cryptocurrency has brought about a new wave of cyber attacks and hacks, with malicious actors constantly finding new ways to exploit vulnerabilities in the system. One recent example is the $41 million hack of the cryptocurrency casino Stake. The hackers behind this attack have recently made another move, transferring $328,000 worth of
A Newport resident’s unfortunate disposal of a hard drive containing 8,000 Bitcoin (BTC) has taken a legal turn, as the investor looks to file a lawsuit against the city’s local council. The individual had been attempting to gain access to a landfill site in hopes of recovering the lost cryptocurrency treasure. However, the council has
Arbitrum, a prominent layer-2 scalability solution on the Ethereum network, has been facing significant challenges recently. The price of its native token, ARB, experienced a sharp decline of 14.5% between Sept. 9 and Sept. 11, reaching its lowest point in history. This article will delve into the factors driving this movement and assess whether Arbitrum
In a recent report, it has been revealed that Luna, a subsidiary of Digital Currency Group (DCG), will be temporarily pausing some of its services in the United Kingdom. This decision comes as a response to new regulations set by the Financial Conduct Authority (FCA), which will impose restrictions on how cryptocurrency companies can advertise
While Ethereum (ETH) continues to face challenges such as slow transaction speeds and high fees, investors are shifting their attention to alternative cryptocurrencies. One such cryptocurrency that has been gaining popularity is Solana (SOL). However, recent downward trends in both Solana’s price and investor sentiment have raised concerns about its future. On the other hand,
In a recent interview, David Marcus, former President of Paypal and Head of Facebook Payments, shared his belief that Bitcoin is the universal protocol for money on the internet. While Bitcoin has faced challenges and headwinds in recent months, it remains the prominent cryptocurrency in the market. This article explores Marcus’s perspective on Bitcoin’s potential
The Enjin community is buzzing with anticipation as the highly awaited Enjin Blockchain is set to launch on September 13th. This development is expected to revolutionize the NFT gaming ecosystem, with a clear vision of democratizing access to NFTs at its core. Enjin and Efinity, two powerful communities, will merge under a unified token, ENJ,
Ethereum staking protocol, Lido Finance, has recently responded to allegations of hackers exploiting a known security flaw in the Lido DAO (LDO) token contract. While Lido did not confirm any specific exploits, it acknowledged the existence of the security flaw and reassured users that their LDO and stETH funds remain safe. SlowMist, a prominent blockchain
The Grayscale victory over the SEC has dealt a blow to the financial regulator’s enforcement efforts against the cryptocurrency industry. However, despite this landmark win, the crypto market has seen a noticeable decrease in the accumulation of crypto assets in the spot market. CCData’s latest report reveals a continued losing streak in August, with minor
Coinbase, one of the leading cryptocurrency exchanges, has raised the interest rate on USDC (USD Coin) from 4% to 5%. This marks a significant increase of 150% compared to the previous 2% rate in June. The boost in interest rates comes after the SEC clarified its stance on stablecoins, categorizing them as not being unregistered
Pepecoin (PEPE), once a rising star in the cryptocurrency world, has experienced a precipitous decline in value. Since reaching its record high of $0.00000448 in May 2023, PEPE has plummeted by nearly 85%. Unfortunately, the downward trend shows no signs of abating in the coming month of September. Over the past two weeks, Pepecoin has
The G20 leaders are making significant strides in the development of a Crypto Asset Reporting Framework, as reported by The Times of India on September 9th. This framework aims to facilitate the collection and sharing of information among G20 member countries regarding the use of cryptocurrencies and digital assets. The primary objective is to prevent
The recent bankruptcy of FTX, a once-prominent crypto exchange, has left many in a state of financial distress. While the company is aiming to resume operations in the future, it is now seeking to recover some of the funds it paid to professional athletes and teams who had promoted the exchange. High-profile personalities such as
Shiba Inu (SHIB) has recently faced challenges as its price struggles to gain traction in the volatile cryptocurrency market. The investors who once witnessed a major rally between mid-June and mid-August are now confronted with the harsh reality that these gains have been nearly wiped out. As we enter the final quarter of the year,
As the demand for high-quality digital content continues to rise, companies are seeking effective tools to streamline the content creation process. One innovative solution that has recently emerged is WriteMingle, a software application developed by yPredict, an AI-powered platform that specializes in price prediction. This article explores the features and benefits of WriteMingle, highlighting its
Binance, one of the leading cryptocurrency exchanges, has recently announced its decision to terminate support for features related to non-fungible tokens (NFTs). The company stated that it will cease support for all Polygon-based NFTs on September 26, and users are required to withdraw their Polygon NFTs by December 31. This move comes as part of
JP Morgan, the prominent American financial services company, is on the brink of revolutionizing cross-border payments and settlements. The company has been quietly developing a new type of token, known as a deposit token, which could potentially accelerate traditional settlements and bring about a more cost-effective system. Deposit tokens are digital coins that serve as
In recent months, a series of shocking deaths related to cryptocurrency have garnered global attention. These cases include the discovery of decomposing remains in Sofia, suspected murders, kidnappings, and even a helicopter crash. As we delve into these disturbing incidents, it becomes clear that there is a dark underbelly to the world of cryptocurrency. Financial
Korean game publisher Neowiz, known for its success in the gaming industry, is venturing into the world of blockchain games through its Web3 division, IntellaX. With a strong foothold in the gaming sector, particularly in Korea, Neowiz is now looking towards the promising opportunities offered by the Avalanche blockchain. This article will explore Neowiz’s initiative,
The Ethereum ecosystem has been revolutionized by the emergence of zero-knowledge (ZK) proof solutions. However, according to Nicolas Liochon, the head of Consensys’ zkEVM Linea, the introduction of proto-danksharding is set to dramatically reduce the cost of rollups. In an exclusive interview with Cointelegraph Magazine, Liochon projected that proto-danksharding could decrease rollup costs by a
The world of cryptocurrency has seen the emergence of meme coins, capturing the attention of both the crypto community and a wider audience. Projects like Wall Street Memes, Shiba Inu, and Dogecoin have gained popularity due to their unique blend of humor, culture, and financial speculation. In this article, we will explore these meme coins
The future of Bitcoin has been a topic of great speculation and debate within the cryptocurrency community. Benjamin Cowen, an analyst and founder of Into The Cryptoverse, has recently shared his insights on the potential trajectory of Bitcoin in the coming month of September. Based on his analysis and comparisons to historical data, Cowen predicts
The U.S. Commodity Futures Trading Commission (CFTC) has recently made significant progress in a case involving Mirror Trading International Proprietary Limited (MTI). The CFTC announced on September 7th that a South African company, MTI, has been found liable for multiple types of fraud. As a result, the company has been ordered to compensate the numerous
Recently, there have been various rumors and negative news surrounding Binance, causing fear, uncertainty, and doubt (FUD) among investors and the wider cryptocurrency community. Binance’s co-founder and CEO, Changpeng ‘CZ’ Zhao, took to Twitter on September 7th to address these concerns and assure the public about the company’s stability and financial position. Despite the market
Bankrupt cryptocurrency lender Celsius Network has taken legal action against EquitiesFirst Holdings by submitting an “adversary complaint.” This move comes as Celsius attempts to recoup assets from the private lender, which reportedly owes a total of $439 million. The debt includes $361 million in cash and 3,765 BTC as of July 2022. Celsius is seeking
In a devastating blow to the crypto gambling industry, the notorious North Korean Lazarus Group has been identified as the perpetrator behind the recent $41 million hack of Stake, a popular crypto gambling platform. This revelation, made by the Federal Bureau of Investigation (FBI) on September 7, has sent shockwaves throughout the cryptocurrency community. Stake,