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Distributed Validator Technology More Primed to Overcome the Ethereum Validator Overload Challenge – Alon Muroch
14.1.2024
While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained this can lead to a network overload. The Promise...
Synapse Network Embarks On A Historic Journey By Migrating To zkSync
12.1.2024
Synapse Network , a leading cross-chain launchpad, is embarking on a groundbreaking journey by migrating its native token, $SNP (soon to be $zkSNP), to zkSync, heralding the dawn of the era of Zero Knowledge and Layer Zero integration. Notably, $SNP is set to become the first-ever omnichain...
Top NFT News Today – 12 January, 2024
12.1.2024
Source: hub.cryptopunks.app The non-fungible token (NFT) revival seems to be well on its way for now. And today is quite a Yuga Labs day. Last November, Yuga Labs announced a collaboration with Magic Eden to launch the Magic Eden Ethereum Marketplace by the end of the year. The team, however, said...
Domestic Exchanges Account for 99.7% of Brazilian Cross-border Crypto Trades – Central Bank
12.1.2024
Source: Alexey Novikov/Adobe Exchanges that buy coins overseas to sell on the domestic market account for most of Brazil’s cross-border crypto trade, a Central Bank report has found. The findings were published in an official post from the bank’s data analysis team. The authors reported...
StarkWare CEO Uri Kolodny Steps Down for Health Reasons, Continues as Board Member
11.1.2024
Source: StarkWare Uri Kolodny, the CEO and co-founder of StarkWare Industries, has stepped down from his role due to family health issues. However, he will remain a board member of StarkWare and Starknet Foundation. Announcing his decision on X, Kolodny appointed Eli Ben-Sasson, the president...
Vitalik Buterin Advocates for Modest Gas Limit Increase in Ethereum Network
11.1.2024
Ethereum. Source: Adobe Ethereum co-founder Vitalik Buterin has recommended a “modest” increase in the gas limit to enhance the potential throughput of the Ethereum network. During a Reddit ask-me-anything (AMA) organized by the Ethereum Foundation’s research team, Buterin...
Former FTX CEO Sam Bankman-Fried Retains New Counsel, Files Notice in Federal Court Ahead of Sentencing
10.1.2024
Source: A Video Screenshot, YouTube / CBS News Former FTX CEO Sam “SBF” Bankman-Fried has informed the federal court that he has retained new counsel ahead of his sentencing hearing for seven criminal charges. Additionally, SBF’s legal team submitted a sealed document indicating...
Decentralized AI Platform Ritual Hires BitMEX Co-Founder Arthur Hayes As Advisor: Report
10.1.2024
Source: YouTube / Real Vision Crypto BitMEX co-founder Arthur Hayes has joined forces with decentralized AI platform Ritual in an advisory capacity. The Block reported on Wednesday that Hayes had joined Ritual’s advisory team, and will help the decentralized AI platform to expand...
XTB UK boosts team with top finance pro from GAIN and Forex.com
10.1.2024
XTB, a fintech investment provider, had recently planned to expand its offerings and presence in other regions. Those plans are now being strengthened with the addition of a new member to the team, Kathleen Brooks. She comes with 15 years of experience in retail trading and investment markets....
Building a Super App for Chain-Agnostic Execution – Omar Zaki, Founder of Composable and Picasso
9.1.2024
Composable and Picasso are the team leading the extension of IBC to all ecosystems in order to bring to life secure and chain-agnostic interoperability for users and builders. Picasso currently powers cross-ecosystem IBC across Polkadot, Kusama, Cosmos with 20+ connected chains and soon Ethereum...
Iranian Crypto Exchange Bit24.cash Reportedly Exposes Sensitive Data of Nearly 230K Users
9.1.2024
Source: Pixabay Iranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “wholly untrue.” The breach was attributed to an alleged misconfigured storage system used by...
Kirgo Casino: Trusted Online Crypto Betting Destination (Join Now)
8.1.2024
Kirgo Casino, a great team of people dedicated to helping gamers not only play, but party in the gaming world. It’s not just about games, it’s about exciting, unforgettable and adrenaline-filled adventures. They are on a mission to be the … Continued
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Solana Foundation Plans Expansion to Brazil With Over $10M in Investments
4.1.2024
The Solana Foundation, the institution in charge of managing initiatives related to the Solana network, has announced it will expand to Brazil. According to local reports, the organization plans to launch a local team and invest over $10 million in several Web3 fields, including tokenization...
STX20 Protocol Demonstrates Potential for Scaling Bitcoin Ordinals on an L2 Network
4.1.2024
According to developers behind the project, the debut of the STX20 protocol on Stacks’ Bitcoin layer two (L2) has marked a pivotal moment for Ordinals-style assets. Amid growing demand for innovative use cases in the Bitcoin ecosystem, the Stacks team believes the STX20 test has shown significant...
Whales Market Announces the Launch of Its Revolutionary Dapp and Token on the Solana network
4.1.2024
Whales Market, a new OTC decentralized exchange (DEX) on the Solana blockchain, has achieved a significant milestone with the launch of its decentralized application (Dapp) and the introduction of its native token, $WHALES, on Mainnet. This launch marks the latest venture from the LootBot team...
Bitget Exchange Reports Significant Growth in Employees and User Base, Highlights Focus on Bitcoin Expansion in 2024
3.1.2024
  Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in its employee and user base in 2023. According to its recently released year-end report, the crypto exchange Bitget has reported aggressive workforce expansion and a significant increase in its user base...
Stake Secures Naming Rights for Sauber’s Formula 1 Car in Multi-Year Deal
2.1.2024
  Cryptocurrency betting and casino platform Stake has obtained the naming rights for Sauber’s Formula 1 car for the 2024 and 2025 seasons. On January 1st, Stake made an announcement revealing their transition into Formula One, as they will feature as the primary sponsor...
Billionaire Mark Cuban: SEC Doesn’t Protect Anyone, Current Crypto Regulation Inadequate
31.12.2023
Mark Cuban, a Shark Tank star and the billionaire owner of the NBA team Dallas Mavericks, says the U.S. Securities and Exchange Commission (SEC) doesn’t protect anyone, calling the regulator “the Quickbooks of financial regulation.” He stressed that the Howey Test isn’t...
ZKSpace Officially Upgrades to ZKBase, Launches ZKSwap for BRC20, and Implements 1:1 Exchange between ZKS and ZKB
29.12.2023
PRESS RELEASE. To empower the BTC and ETH ecosystems, the ZKSpace team has rebranded and upgraded to ZKBase. As an infrastructure protocol based on ZK (Zero Knowledge) proof technology, ZKBase is dedicated to providing scalability solutions for mainstream blockchains such as Ethereum and Bitcoin...
Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’
29.12.2023
The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $1.14 million from the liquidity pool. The Levana team however insisted that the issue has “been fixed and opening positions will relaunch next week.”...