Ethereum co-founder Vitalik Buterin has suggested there may be a “low-tech approach” to incorporating privacy features ito nonfungible token, or NFT, transactions. In a Monday post on the Ethereum research channel, Buterin implied Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or ZK-SNARKs, were a more complicated method for stealth addresses for ERC-721 tokens, while proposing his own solution.…
Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half of 2022, as the macroeconomic environment is rapidly shifting towards a recession, said Mike McGlone, senior commodity strategist at Bloomberg, in a recent interview with Cointelegraph. McGlone predicted: “ I see it transitioning to be more of a risk-off asset like bonds and gold, then…
press release PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC). The latest funding comes amid a bear market sentiment and uncertainty around crypto. It indicates that investors are confident about Airswift’s unique model,…
The U.S. Federal Reserve (FED) recently initiated an attempt to reduce its $8.9 trillion balance sheet by halting billions of dollars worth of treasuries and bond purchases. The measures were implemented in June 2022 and coincided with the total crypto market capitalization falling below $1.2 trillion, the lowest level seen since January 2021. A similar movement happened to the Russell…
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds again. Well before Hodlnaut’s withdrawal pause, the Terra whistleblower called Fatman warned people…
As reported by local news outlet The Economic Times on Monday, Binance is scheduled to remove off-chain fund transfers with Indian cryptocurrency exchange WazirX on August 11 — Though, users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between the two exchanges. Three days prior, The Directorate of Enforcement of India alleged that…
In the world of smart contract-enabled blockchains—designed for NFTs, DeFi, DAOs, the whole kaleidoscope of blockchain experiments—Ethereum is the OG, but it’s expensive and slow to use. Solana is the already-aging upstart, faster and buzzier but prone to overpromising and occasionally grinding to a halt. In 2019, Meta (née Facebook) tried its hand at a blockchain, Libra (subsequently rebranded as…
The U.S. Treasury Department today sanctioned Tornado Cash, an Ethereum coin mixing tool. In a Monday announcement, the body added the Tornado Cash website and a long list of Ethereum addresses to its Specially Designated Nationals list, banning American citizens from using the tool or transacting with these addresses. Tornado Cash is an app that lets users make private transactions…
Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too cemented multi-month highs. FLOW FLOW was one of Monday’s most notable movers, with prices of the…
Voltage now offers its users inbound liquidity for Lightning nodes with one click. Voltage will supply 500,000 sats from its main node.The company hopes to expand this offering beyond just Voltage customers. Voltage, a bitcoin infrastructure provider, has released a new and effortless way to find inbound liquidity in order to create a Lightning node, per a blog post from…
