Even as cryptographic methods gain popularity on the Ethereum blockchain, the ZeroSync Association is working to bring zk-proofs to Bitcoin network. zk-proofs is short for Zero-Knowledge proofs. According to various reports, the cryptocurrency investment firms Geometry Research and StarkWare Industries have provided financial support to the Swiss non-profit group known as ZeroSync. The recently established … Read more
Nasdaq, an exchange operator in the business for 52 years, has recently been considering moving into the cryptocurrency market. The company is currently striving to provide cryptocurrency trading and custodian services to its customers. To begin providing cryptocurrency custodial services to its customers, Nasdaq is currently waiting for approval from the NYDFS by the end … Read more
Brian Armstrong, the COE of Coinbase Global Inc, an American publically traded bitcoin exchange, has campaigned for a more comprehensive representation of pro-crypto persons in US politics. Coinbase Global Inc is a publicly-traded company in the United States. During his speech at a Twitter Spaces event (1), Armstrong urged cryptocurrency supporters to “call their congressman, give … Read more
LVMH, a corporation specializing in the production of luxury goods, has asserted that blockchain technology is essential for luxury companies to enhance the product lifecycle. “When discussing luxury, you are dealing with long-term products, repair, and care,” asserts Franck Le Moal, the Chief Information Officer (CIO) of the luxury goods giant LVMH. In addition, Le … Read more
Recently, Contango Digital Assets closed a $1.2 million seed investment for building Web3 infrastructure. The leading blockchain VC firm has invested over $7 million worldwide in Web3 businesses as of this writing. In 2023, when widespread use of Web3 technologies and blockchains is expected to peak, Contango is predicted to boost its revenue by 100%. Investors … Read more
ConsenSys announced that its Web3 wallet for companies, also known as MetaMask Institutional, had introduced the first institutional staking platform on March 22. This was accomplished in conjunction with Allnodes, Kiln, and Blockdaemon. Exchange for Institutional Staking on the MetaMask Platform This new marketplace will employ ConsenSys’ native technology, also known as ConsenSys staking, … Read more
Rising Web 3.0 company MetaMetaverse has unveiled its new brand identity, which will be known as MultiVersalME. The company feels that this change will capture the extent of its invention as a worldwide metaverse brand and has given the new brand the name MultiVersalME. According to a press release, MultiVersalME will be launching with an … Read more
Web 3.0 artificial intelligence (AI)-driven social network OP3N (1) has just announced that it has closed a Series A investment round with a total amount of $28 million at a valuation of $100 million. According to release (2), the newly raised funds will be put toward the continued development of its chat-based product, which will … Read more
After the confirmation by the Wall Street investment company Jefferies that it is in discussions with a prospective buyer for the failing FTX exchange, it is possible that plans to establish FTX 2.0 may begin to take shape gradually. After being ordered to cease operations by the relevant authorities, the exchange is anticipated to recommence … Read more
The staff of the decentralized economic analytics tool, DefiLlama, are now engaged in a dispute. An employee who only identified themselves as 0xngmi stated that the founders of the company were going to issue a LLAMA token without even requesting employee endorsement for the initiative. 0xngmi and a few other developers have distanced themselves from … Read more