Aleph Zero is launching a $50 million Aleph Zero Ecosystem Funding Program, the layer-1 privacy-enhancing blockchain announced on April 18. The nonprofit Aleph Zero Foundation overseeing its development of Aleph Zero aims to support developer teams to build on its platform and advance blockchain adoption globally. In an interview with Cointelegraph, Aleph Zero co-founder Antoni Zolciak shared that “the goal of…
Zambia is set to complete real-life crypto usage simulations by the end of June, Felix Mutati, the country’s science and technology minister has said. The Zambian minister said his country is seeking a balance between innovation and consumer protection. Zambia Needs to Build Digital Infrastructure Before It Introduces Crypto According to the Zambian minister of science and technology, Felix Mutati,…
In brief A supply chain refers to the network of businesses, individuals, and materials related to the production and delivery of goods for a company. Management of a supply chain is crucial to the company’s being able to function properly and maintain operations. Supply chain organizations expect machine automation in their processes to double between now and 2028. Artificial intelligence…
Coinbase’s CEO Brian Armstrong appears as bullish as ever on crypto regulations in the UK. “The UK is moving fast on sensible crypto regulation to both drive economic growth AND consumer protection,” he said in a tweet picturing himself alongside the UK’s Economic Secretary and City Minster Andrew Griffith. “Excited to keep investing in the UK.” The crypto exec also…
press release As the traditional banking system experiences growing instability with the failures of Silicon Valley Bank, Signature Bank, Silvergate Bank, and Credit Suisse, more individuals are turning to decentralized finance (DeFi) as a secure and attractive alternative. Verse DEX, Bitcoin.com’s decentralized exchange, has been flourishing as a result, enjoying a rapid surge in Total Value Locked (TVL) and gaining…
Over 1 million ETH has been withdrawn since the Shapella hard fork on April 12. However, a significant chunk of addresses has gone back to re-staking their ETH. Source: https://cointelegraph.com/public/index.php/news/eth-staking-passes-withdrawals-for-the-first-time-after-shapella-upgrade
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. Reports Insist AI and Chatgpt…
Ethereum blockchain underwent a successful Shapella upgrade on April 12, making way for validators to withdraw their staked Ether (ETH) from the Beacon chain after three years. After seeing over a million ETH in withdrawals in the first week, the amount of staked ETH has now surpassed the number of ETH being withdrawn for the first time after the Shapella…
Terraform Labs co-founder and CEO Do Kwon has suffered a legal blow as a U.S. judge has denied his request to prevent the U.S. Securities and Exchange Commission (SEC) from obtaining certain documents related to the firm’s operations. The documents in question are being sought from the Monetary Authority of Singapore (MAS), per a Bloomberg report. According to court records,…
Core DAO, an organization committed to the development of the Satoshi Plus ecosystem, has introduced a $200 million Ecosystem Fund aimed at speeding up the development of decentralized applications and protocols built on the Core layer-1 blockchain. According to two press releases seen by Cointelegraph, one from CoreDAO and one from Bitget, The Ecosystem Fund — which is supported by…
