How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape
One yet-to-tokenize, yet-to-launch zkEVM protocol to keep an eye on, according to van Weert, is the zkEVM startup Scroll – which has yet to deploy on Ethereum’s main network but has partnered with some big-name protocols. “They already have a very mature ecosystem on their testnet, whereas on zkSync it is lacking. I mean, the capital is there, but a lot of people are sort of sidelined on zkSync because they have already bridged their funds over, but there isn’t enough to play around with right now.”
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CoinDesk Monthly Review, July 2020
In the opening weeks of July, it looked like gold would surpass bitcoin for monthly returns, as it reached an all-time high, a frustrating state of affairs for those who believe the current macro situation should be a “perfect storm” for bitcoin’s “gold 2.0” narrative. That was before bitcoin shot up nearly 20% in a…
First Mover Americas: Bitcoin Drops as Traders Take Profits
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Ethereum Developers Set Timeline for Final ‘Dencun’ Testnet Upgrades
Ethereum developers planning for the blockchain's biggest upgrade in a year, known as Dencun, have confirmed in a blog post the dates for making the changes on two key test networks – theoretically the last steps before going live on the main network.Dencun is a major upgrade or “hard fork” planned for the Ethereum blockchain

We Tried Fox’s Blockchain-Based Tool for Deepfake Detection. Here’s How It Went
Fox Corp. made ripples in media circles on Tuesday when it announced that it was launching "Verify," a new blockchain-based tool for verifying the authenticity of digital media in the age of AI.The project addresses a pair of increasingly nettlesome problems: AI is making it easier for "deepfake" content to spring up and mislead readers

$139M BXH Exchange Hack Was the Result of Leaked Admin Key
A hack on Boy X Highspeed (BXH) , a decentralized cross-chain exchange, that drained $139 million of funds was probably the result of a leaked administrator key, and possibly an inside job, CEO Neo Wang told CoinDeskBased on a consultation with an external security team, BXH says the hacker was probably able to break into…

Canadian Exchange VirgoCX Taps Ledger Vault for Custody, Insurance Support
May 11, 2020 at 13:00 UTCUpdated May 11, 2020 at 14:03 UTCCanadian crypto exchange VirgoCX has tapped enterprise infrastructure technology platform Ledger Vault to provide custody solutions for retail and institutional clients.Ledger Vault will provide the security infrastructure to safeguard VirgoCX's digital assets for retail and institutional clients while enabling the "the overflow of funds…

Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
Connext Labs, a blockchain protocol attempting to enable the development of applications that can access multiple networks, has raised $7.5 million in funding from Polychain Capital, Polygon Ventures and other investors.The round, which takes Connext's total funding to $23.2 million, gives the startup a $250 million valuation, according to an emailed announcement on Wednesday.Connext said…

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy
Dec 30, 2020 at 1:12 p.m. UTCUpdated Dec 30, 2020 at 1:31 p.m. UTCGas flaring on the Bakken oil field (Ken Cedeno/Getty)Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas EnergyGazpromneft, the oil subsidiary of Russia’s natural gas giant Gazprom, is getting into a different kind of exploration. The company opened a venue…