Celo’s pioneering development team, cLabs, has unveiled their intention to upgrade the Celo blockchain by shifting towards an Ethereum Layer 2 solution through the use of the OP Stack. Last summer, the Optimism community endorsed the use of OP Stack, a significant development platform within their ecosystem, through a governance vote. Prior to this decision, … Read more
The Shiba Inu project team has completed an investment round of $12 million. The Shiba Inu team is working on building a layer 3 network employing Zama’s encryption technology for homomorphic functions, which secured $73 million in funding. A trial run of this network is set to debut in Q3 2024 and will adhere to … Read more
The Thai Securities and Exchange Commission (SEC) intends to prevent Thai citizens from accessing unauthorized cryptocurrency websites. This action aligns with the instructions given by the Technology Crime Prevention and Suppression Committee, underscoring the government’s dedication to strengthening law enforcement and fighting cybercrime. The Ministry of Digital Economy and Society has requested the SEC to … Read more
Significant development in the Bitcoin sphere: Miners recently earned an impressive $106.7 million in revenues, marking a new peak. Remarkably, three-quarters of this amount, approximately $79.7 million, were derived solely from transaction fees. According to Jonathan Merry, CEO of banklessTimes, the growing income of Bitcoin miners, primarily from transaction fees, underscores the robustness of its … Read more
Robert F. Kennedy Jr., a U.S. presidential hopeful, suggests making the country’s 2024 budget transparent by placing it on a public blockchain. At a rally in Michigan on the 21st of April, Kennedy proposed making the US budget transparent by placing it on the blockchain, enabling citizens to view and check any budgetary detail whenever … Read more