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Alpha mainnet of Ethereum scaling solution ZKSync goes live

ZKSync, an Ethereum layer-2 scaling solution, debuts its alpha mainnet to reduce congestion and improve transaction throughput. The ethereum (ETH) ecosystem witnesses a significant development as the alpha mainnet of ZKSync, a Layer 2 scaling solution, is officially launched. ZKSync aims to alleviate network congestion and bolster transaction throughput on ethereum

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Regulatory Pressure Did Not Shut Down Ethereum Privacy Tools zk.Money, Aztec Connect, Founders Say

In March 2021, Aztec launched its first product – zk.money – a basic software for private transactions on the Ethereum blockchain. In July 2022, a sister product, Aztec Connect, was launched. Both products will be shut down simultaneously, Aztec said. As of Friday, Aztec Connect had little over $20 million

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Ethereum Co-founder Joseph Lubin Reiterates ETH Is Not Security but Commodity like Oil

Ethereum price gained approximately 4 percent in the past 24 hours to trade around $1,815 during the early Asian market on Friday. In the recent White House annual economic report to Congress, the Joe Biden administration noted that most crypto assets are unregulated securities,  a commodity, a derivative, or other

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Arbitrum overtakes Ethereum in transaction numbers as airdrop approaches

Ethereum’s (ETH) layer-2 scaling solution Arbitrum (ARB) experiences unprecedented growth in anticipation of the ARB token airdrop. The Ethereum-based layer-2 scaling solution, Arbitrum, has reached an all-time high in daily transactions and unique wallets interacting with the network, according to Dune Analytics. This surge in activity comes just ahead of the

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Ethereum Usage Will Drop if the Blockchain Doesn’t Increase Its Throughput: Bank of America

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?

Ethereum's native token, Ether (ETH), continues its multi-month downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter's 19.5% gains on a month-to-date (MTD) timeframe.Bitcoin overshadows Ethereum amid banking crisisAs of March 23, the ETH/BTC pair was down about 9% month-to-date (MTD) to 0.0633 while staying on course to

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