Runtime Verification, a security audit firm based in Illinois, has introduced a new universal zero-knowledge (ZK) rollup called PI Squared. This technology, unveiled during the MultiversX xDay conference, aims to revolutionize the verification of computational claims by utilizing mathematical proofs instead of traditional methods. PI Squared will employ a universal proof checker implemented as a […]
Security researcher and developer Antoine Riard has announced his departure from the Lightning Network’s development due to security concerns and fundamental challenges to the Bitcoin ecosystem. Riard believes that the Bitcoin community is facing a difficult situation as a new type of attack, known as a replacement cycling attack, poses a significant threat to the […]
The Financial Crimes Enforcement Network (FinCEN), an agency at the U.S. Department of the Treasury, has issued an alert urging financial institutions to actively combat potential funding sources for Hamas. The agency highlights that Hamas, the Palestinian Islamist group, funded its recent attack on Israel through an illicit financial network involving both fiat and cryptocurrency […]
The potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States is generating excitement among investors, as reflected in the surge of Google searches for this innovative financial instrument. The increased interest from the general public and retail investors highlights the growing anticipation surrounding the potential launch of a spot Bitcoin ETF […]
An Ethereum ICO participant, who had been dormant for over eight years, recently transferred their pre-mined stash of Ether tokens to different addresses. The address received 2,000 ETH during the ICO in 2014, and the tokens were purchased for $620 at a price of $0.31 per token. The value of these tokens has now grown […]
The Crypto Aid Israel collective has raised over $185,000 in less than two weeks and has already distributed aid to various humanitarian groups. The organization has conducted two rounds of aid distribution, providing around $50,000 to NGOs such as the Foundation for Advancing Citizens of Eshkol Regional Council and Zaka. These funds have been used […]
Blockchain software developer Lightning Labs has launched its Taproot Assets protocol on the mainnet network. This protocol allows for the issuance of stablecoins and real-world assets on the Bitcoin and Lightning Network. The current version, Taproot Assets v0.3, leverages existing Bitcoin liquidity on the Lightning Network and is open for developers to test for potential […]
Superdao, a platform that supports the development of decentralized autonomous organizations (DAO), has announced that it will be shutting down its operations due to lack of profitability. The company raised over $10 million in 2022 and helped launch more than 2,000 DAOs. CEO Yury Lifshits stated that the cryptocurrency industry is too small to sustain […]
Canadian asset manager 3iQ has announced that its Ethereum-based exchange-traded funds (ETFs), The Ether Fund and the 3iQ Ether Fund, will begin staking their ETH holdings for rewards. The move is aimed at providing investors with additional yield generated by dedicated validators on the Ethereum network’s Proof of Stake (PoS) consensus mechanism. By staking their […]
The mBridge project, a platform developed by central banks for cross-border payments, is transitioning to a new Chinese blockchain consensus protocol. This move is expected to attract millions of users and position mBridge as a direct competitor to SWIFT, the messaging network used by banks and financial institutions for secure information exchange. The success of […]
