Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it’s there on a different chain, will go live on Starknet soon. Source
Oliva served as Meta’s – at the time, Facebook’s – regional director for Europe, the Middle East and Africa until 2015. He later co-founded and led internet-of-things company Glue Home, and he serves on the board of food-delivery company Just Eat. Source
The interface, called Polygon Copilot, will help developers obtain analytics and insights for their applications on the Polygon blockchain. Source
Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee. Source
A Bitcoin ATM, the largest cryptocurrency by market cap that operates free of any central control and that relies on a peer-to-peer software and cryptography, on the BitBase stand during the Mobile World Congress 2023 on March 10, 2023, in Barcelona, Spain. Joan Cros | Nurphoto | Getty Images Bitcoin rose to its highest level in more than a month on Wednesday, as traders got excited about the prospects of a spot bitcoin ETF following a series of recent applications from companies including BlackRock. The price of bitcoin jumped 10%…
Kava layer one blockchain joins other chains – like Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron – that support USDT. The leading United States dollar-pegged stablecoin, Tether (USDT) has found a new channel to mainstream adoption through the Kava network, a layer one (L1) blockchain that was designed with scalability and speed in mind. According to the announcement, Tether USDT will work closely with the Kava blockchain to reshape the future of decentralized finance. Following the announcement, the Kava chain’s native coin, KAVA, jumped more than 10 percent…
The product will allow for traders to invest with both low and high risk appetites. Source
Other Ethereum-related assets such as NFTs, ERC-20 tokens and stablecoins are also being considered for future rollouts. Original
In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to proactively influence court rulings in unrelated cases before becoming the primary target of a US crackdown. According to a recent report by Reuters, Coinbase engaged in a counterattack by enlisting the expertise of highly esteemed attorneys in two separate crypto-related…
Major hardware cryptocurrency wallet provider Ledger is getting closer to launching its planned solution to allow users to back up and recover a Ledger device seed. Ledger chief technology officer Charles Guillemet took to Twitter on June 21 to announce that the hardware wallet company has open-sourced the Ledger Recover white paper. Today, we are publishing the Ledger Recover White Paper, a key step in allowing anyone to audit the cryptographic protocols. This builds on the over 150 apps and other open-source enablement Ledger has already implemented. Don’t trust, verify.…