What are Based Rollups? A Look at Ethereum’s Latest Scaling Innovation
TLDR: Based rollups use Layer 1 (L1) blockchain sequencers instead of their own They inherit L1 security, decentralization and liveness...
Day: 11 September 2024
Regulators Partner to Bolster UAE’s Crypto Hub Status
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a...
Experts: Crypto In Early Stages of Growth Despite Rising Adoption
The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe...
Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks
Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including...
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized...
Telefónica Tech joins Polygon’s Privado ID as system integrator
Telefónica Tech is integrating with Polygon’s Privado ID to advance its digital identity solutions as Europe moves toward digital ID...
Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO
Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.
Atomic Wallet wins dismissal of class suit over $100M hack
A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic Wallet, its CEO and a sister software...
Over 86% of Web3 professionals are confident in the future of crypto — Consensys
The surprising workforce optimism comes despite current regulatory uncertainty ahead of the US elections.
Lufthansa, Deutsche Telekom launch DePIN blockchain nodes
Lufthansa and Deutsche Telekom are among a few major enterprises to launch blockchain nodes on the Peaq network, signaling a...
Bitcoin miner solves block alone, grabs $180,000 reward
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power...
BitGo deploys wrapped BTC on Avalanche and BNB Chain
Crypto custodian BitGo is now using LayerZero’s OFT Standard to deploy its WBTC across more than 80 chains.
Accenture invests in Emtech to strengthen CBDC, fintech solutions
The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.
State Street, Galaxy launch 3 new crypto ETFs
The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies and futures.
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation,...
