Cryptocurrency Analysis and News Portal
Matter Labs, the team behind Ethereum’s layer-2 scaling solution, zkSync, has confirmed that 921 ETH worth $1.7 million is currently stuck in one of its new smart contracts, GemstoneIDO. Despite the issue, the firm claims that the funds are safe. Matter Labs have found an elegant solution to rescue them, which
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Layer-1 blockchain Solana has released a new solution aiming to drastically reduce the cost of on-chain storage. Called state compression, the technology promises to bring down the cost of minting 1 million nonfungible tokens (NFTs) on the network to nearly $110. "After numerous phases of development, adoption, and rollout, compressed NFTs
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On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a
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The collapses of banks like Silvergate have certainly impacted cryptocurrency exchanges but there are ways for the industry to survive without the support of banks, one executive believes.Crypto exchanges significantly rely on traditional banking systems for customer deposits, which makes them vulnerable to various banking issues, according to Bitstamp USA
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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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On a more mechanical level, that means using bad tactics like bad sourcing or selective sourcing or the bias of omission or the bias of commission. They're increasingly doing this to advance an agenda – and that could be financial, it could be political or they are doing it to
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Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds. Original Source
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Even in its pre-alpha stage, the Ethereum Layer 2 platform Scroll has reached one million unique addresses as well as 16 million transactions. On Monday, March 6, the Ethereum Layer-2 network Scroll which uses zk-roll-ups technology raised more than $50 million in its latest funding round. some of the top venture capital
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press release PRESS RELEASE. Aurora Cloud is the all-in-one cloud infrastructure solution bridging Web2 and Web3. 03/02/2023 Denver – Web3 infrastructure startup Aurora Labs announced the launch of Aurora Cloud, a platform and suite of products that allows today’s Web2 businesses to capture the value of Web3. Aurora Cloud — Platforms like
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A central focus for many in the Web3 community has been improving identity solutions available to consumers. Last year the emergence of soulbound tokens (SBT) introduced a new way for users to define themselves. Although the SBT hype quieted over the last months, they have not disappeared off the scene. On Mar.
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