Polygon proposes upgrading MATIC into a multipurpose token for all chains
The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a...
Blockchain News
Ethereum scaling protocols drive zero-knowledge proof use in 2023
Ethereum scaling remains the primary use case behind zero-knowledge proofs, according to a report from ZKValidator.
Blockchain group to push Philippines Web3 adoption via state partnership
DICT Director Emmy Lou Versoza-Delfin said there’s been a rise in innovative blockchain startups in the Philippines, signaling that the...
US industry watchdogs oppose draft bill on crypto market structure
The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable...
If good UX is like driving auto, Web3 is ‘driving stick’ — UX designers
The high stakes of crypto applications mean developers often need to prioritize security — but that comes at the cost...
BNB Beacon Chain to add ‘panic’ feature that can ‘halt’ blockchain
BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades...
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
In recent weeks BTC miners sent a record amount of Bitcoin to exchanges right as the network’s difficulty metric hit...
Bank of China trials offline payments for digital yuan via SIM cards
The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards"...
US GAO explores blockchain for SBA’s small business programs oversight
The Government Accountability Office highlighted blockchain’s ability to streamline and improve annual reporting, facilitate safe loans and monitor business development...
Algorand decentralized lending protocol Algofi to shut down by end of year
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand.
BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a...
ConsenSys launches Linea zkEVM to further scale Ethereum
ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1.
Arbitrum-based Rodeo Finance exploited for second time, $1.5M stolen
The exploiter manipulated price oracles to gain the upper hand on trades executed using the manipulated price.
Multichain’s ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious...
48% fewer new crypto coders last year: Report
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months.
