Polygon's zkEVM technology is designed to boost Ethereum’s scalability by minimizing transaction costs and enhancing throughput. Launched as an open-source mainnet beta in March 2023, Polygon’s zkEVM batches transactions off-chain
Synnax, a startup specializing in decentralized credit ratings, has appointed Luc Froehlich, the former head of digital assets at Fidelity International, as its new Chief Commercial Officer to lead its
The Ethereum layer-2 project, Eclipse, is undergoing a leadership change after its former CEO faced allegations of sexual misconduct. Neel Somani, the project's founder and former CEO, has resigned from
Solana's native token, SOL, saw a 13% increase in value within 24 hours following the announcement of Robinhood Crypto's new staking product in Europe and marginfi's introduction of Solana's first
The Sonne Finance protocol team announced a security breach resulting in the theft of $20 million. Sonne Finance stated that operations on the Optimism network were halted during the investigation
Galaxy Digital CEO Michael Novogratz believes that the cryptocurrency market is currently in a "consolidation phase," which is hindering its upward momentum. Novogratz expressed his view that Bitcoin is unlikely
Interactive Brokers U.K. Limited (IBUK), the British arm of Interactive Brokers, has launched cryptocurrency trading services for its clients. According to a press release on Businesswire, IBUK's investors and financial
Transaction fees on Ethereum recently fell to their lowest in seven months, hitting $1.7 per transaction on May 12. The average fee for transactions on Ethereum has hit its lowest
Weekly inflows into digital asset investment products have reversed a five-week trend of outflows, with crypto traders in the U.S. and Hong Kong injecting more capital than withdrawing. According to
Blockchain investigator ZachXBT suspects a hack on the Rain cryptocurrency exchange. In a recent blog post, the researcher shared his insights, suggesting that Rain was likely hacked for $14.8 million