Cryptocurrency News

[ad_1] Polygon, the popular Ethereum-focused scaling platform, today announced the launch of Polygon zkEVM, the first Ethereum-equivalent scaling solution that works seamlessly with all existing smart contracts, developer tools, and wallets, harnessing advanced cryptography called zero-knowledge proofs. As of now, Polygon has released part of the source code and roadmap for zkEVM, with the public […]

[ad_1] Ethereum started a downside correction from $1,630 against the US Dollar. ETH could extend losses if there is a clear move below the $1,480 support. Ethereum started a downside correction from the $1,630 resistance zone. The price is now trading below $1,500 and near the 100 hourly simple moving average. There is a key

[ad_1] Optic, a San Francisco-based NFT authentication company, announced on Wednesday that it has raised $11 million in a funding round led by US venture capital firm Kleiner Perkins and crypto-native investment giant Pantera Capital. For the latest funding, Optic said it plans to use to invest in building core AI infrastructure and designing a

[ad_1] Key Takeaways DeFi has suffered in the crypto slump, but many staple projects are still building. The likes of Aave, MakerDAO, Uniswap, and Lido have all put forward experimental governance proposals or made major announcements in recent months. If DeFi is to reclaim its highs, those building through the bear should emerge stronger than

[ad_1] The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorney General Lisa O. Monaco said, adding that the seized funds include ransoms paid by health care providers in Kansas and Colorado. DOJ Seizes

[ad_1] API3, a first-party blockchain oracle, today announced the availability of dAPIs on, BNB Chain, RSK, Polygon, and Avalanche to deliver high-quality cryptocurrency data to smart contracts on those platforms. The Airnode providing the data is owned and operated by Amberdata. Launching dAPIs on these mainnets follows API3’s first-party data feed availability on Ethereum and

[ad_1] Bitcoin gained pace and cleared the $24,000 resistance against the US Dollar. BTC could rise further towards $25,000 if it stays above the $23,000 support. Bitcoin remained in a positive zone and climbed above the $24,000 resistance zone. The price is now trading above the $23,000 level and testing the 100 hourly simple moving

[ad_1] Electric car manuficaor Tesla (TSLA) announced that it sold $936 million worth of its Bitcoins or 75% of its holdings in the second quarter. The company reported the revelation in its earnings report on Wednesday. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” Tesla

[ad_1] A Major Bored Ape Yacht Club (BAYC) NFT hodler lost 100 Ether (ETH), worth $150,000 as a result of a joke bid on his own registered Ethereum Name Service (ENS) domain. The NFT whale, who owns 57 BAYC NFTs and goes by @franklinisbored on Twitter, minted the ENS domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” using an alternate wallet

[ad_1] Key Takeaways Polygon has announced its first fully Ethereum-compatible Layer 2 network, Polygon zkEVM. Polygon zkEVM will use Zero-Knowledge Rollups to offer lower transaction fees than Ethereum mainnet. The Layer 2 network will be compatible with all existing Ethereum applications and emulate the Ethereum Virtual Machine at the op-code level. Share this article Polygon’s