EIP 1559: Ethereum’s Fee Market Upgrade Explained

Polygon Labs, the main developer firm behind the layer-2 blockchain Polygon, released on Tuesday the latest version of its zero-knowledge proving system, “Plonky3” – designed to be more flexible than the previous model. A proving system is at the heart of zero-knowledge rollups, and a crucial component in the cryptographic security of distributed networks with

May 13, 2020 at 11:00 UTCUpdated May 13, 2020 at 11:42 UTCDenisse Halm of cLabs hosts a workshop in Mexico City. (Credit: cLabs)Silicon Valley blockchain startup cLabs just raised $10 million for the Celo project through a token sale to investors on the CoinList platform. Roughly 109 investors from dozens of countries participated in the auction,…

Pixelated pictures of ‘Pepe the Frog’ comics riding spaceships were the latest allure for digital art collectors in the Web3 world.The so-called Bitcoin-based “Space Pepes” collection became the most traded non-fungible tokens (NFTs) over a seven-day period, data from Cryptoslam shows, with over $7.3 million worth of the collection traded.Each of these Space Pepes sells…

After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative: none other than Vitalik Buterin, the blockchain's co-founder.It reportedly took him 22 minutes.The origin of the story dates back to last month, when Ethereum developers decided to include Ethereum improvement proposal EIP-3074

Payment provider TransferGo has announced it is launching a remittance corridor to India that uses Ripple technology for near real-time transactions. Available from "anywhere in Europe," the firm said in a press release that using Ripple's services allows it to replace the "multiple slow incumbent communications systems, most prominently Swift, where transfers can take up…

Japanese cryptocurrency exchange Coincheck's plans to list on Nasdaq via a merger with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV faces a possible further delay.The Thunder Bridge board believes there will not sufficient time to complete the merger by the July 2 deadline, according to a preliminary proxy statement dated May 16.…

Italy is beefing up surveillance over risks tied to the crypto asset market.The draft decree reviewed by Reuters said fines as high as 5 million euros ($5.4 million) could be imposed.Italy is set to adopt measures that will include high fines for those who manipulate the crypto asset market as part of a wider scheme

Jan 23, 2020 at 21:00 UTCUpdated Jan 23, 2020 at 21:09 UTCHawaii's bill would green-light banks as crypto custodians. But it doesn't solve the double-reserve problem that pushed Coinbase out in 2017. Hawaii State Capital via Shutterstock. Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.SB2594, introduced on Jan.…

Jul 15, 2020 at 16:00 UTCBitcoin News Roundup for July 15, 2020As the race for Central Bank Digital Currencies heats up, CoinDesk’s Markets Daily is back for your bitcoin news roundup! For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode…