• Vitalik Buterin, the co-founder of Ethereum, has proposed deploying zk-EVMs on Ethereum’s mainnet to improve scalability and transaction verification speed. • Polygon is already using zk-EVMs, which combines several transactions into a single proof. • Buterin suggests that the base layer might act as a clearinghouse for L2 protocols if everything were to be…
• Conflux (CFX) is a permissionless Layer 1 blockchain that employs a decentralized economic-driven governance system. • CFX price prediction for 2023 is $0.4043 to $1.3479 and might reach $0.8 soon. • The descending triangle pattern is seen in the chart of CFX which indicates sellers are more aggressive than buyers. What is Conflux (CFX)?…
•Trust Wallet has integrated with Coinpanda, Koinly and CoinTracker to offer users free insights reports and a quick and easy way to generate tax reports. •The new integration makes it easier for users to understand their crypto tax liability and manage the challenges of reporting during the upcoming tax season. •Users that use Trust Wallet…
• The Krach Institute for Tech Diplomacy at Purdue has appointed Senior U.S. State Department Official Janice L. deGarmo as Chief Operating Officer, effective March 13. • deGarmo served as Director of the Office of Management Strategy and Solutions at the U.S. Department of State and created the Center for Analytics (CfA). • In her…
• Shiba Inu (SHIB) was launched as a memecoin in 2020 with the aim of becoming a contender to Dogecoin (DOGE). • The current price of SHIB is $0.00001102 and it has been forming a descending triangle pattern, which could indicate a bearish trend. • According to our SHIB price prediction for 2023, the prices…
• Meta has released a new language model, LLaMA, to compete with ChatGPT and Google’s Bard. • The AI arms race spurred by ChatGPT has been joined by Facebook (Meta) founder Mark Zuckerberg. • LLaMA was created to help researchers investigate potential applications of AI in query response and document summarization. New Language Model: LLaMA…
• Blur NFT marketplace recently gained substantial popularity after its airdrops on the 14th of February. • The platform surged 273.22% in terms of volume over the last 7 days, outshining OpenSea as the number one marketplace in terms of volume. • Suspicious activities have been recorded including wash trading of NFT and minimal distance…
• Binance, a cryptocurrency exchange, has incorporated zk-SNARKs into its proof-of-reserves verification system. • This upgrade is expected to increase the safety and transparency of the verification process. • The method allows Binance to demonstrate the status of its assets while keeping sensitive information private. Binance Upgrades Security with zk-SNARKs Binance, a leading cryptocurrency exchange,…
Overview • Despite higher quarterly income, WisdomTree reported a net loss of $28.3M in Q4 2022. • Their crypto portfolio dropped in value by $235M during this period due to the extended bear market in Bitcoin and other cryptocurrencies. • In December 2022, WisdomTree received SEC approval to add nine blockchain-enabled ETFs to its platform….
• Jack Dorsey, co-founder of Twitter, recently backed a decentralized Twitter rival called Damus. • The app was available in China’s Apple App Store for two days before it was taken down by the CAC for violating national speech rules. •The goal of the open-source Nostr protocol is to provide a censorship-resistant social media platform…