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What Are Rollups? Ethereum’s Main Scaling Solution Examined


Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one)....

Paypal Offers More Crypto Payment Options for Web3 Merchants in US


Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...

Starfield: Essential Skills To Snag (And How To Raise Them)


As an RPG, Starfield is all about statistics and chance. Combat, persuasion, crafting, lock-picking, virtually every activity has some matrix of math behind it. But unlike previous Bethesda games in which you often earned progress in a Skill for simply performing its associated action, Starfield...

CFTC Cracks Down on 3 Defi Platforms for Offering Illegal Derivatives


The U.S. Commodity Futures Trading Commission (CFTC) has issued orders against the operators of three decentralized finance (defi) protocols. The regulator accused them of committing various violations of commodity laws including illegal trading of digital asset derivatives. U.S. Commodities...

FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial


The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...

Binance Removes Sanctioned Russian Banks From P2P Platform


Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat currencies are also restricted for them. Binance No Longer...

Zetachain Raises $27 Million to Develop a ‘Chain to Manage Them All’


Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jane Street Capital, among others, participated in the funding round. Zetachain...

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