Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs

A Bitcoin developer has proposed a new way to bring more expressive off-chain smart contracts to Bitcoin (BTC) without needing a soft fork.Announced in an Oct.9 white paper titled “BitVM: Compute Anything on Bitcoin” by ZeroSync’s project lead Robin Linus, BitVM enables Turing-complete Bitcoin contracts without altering Bitcoin’s consensus rules."Any computable function can be verified on

American digital asset manager Grayscale announced that out of the firm’s $2.1 billion of assets under management, $1.97 billion resides in its bitcoin investment trust. The firm tweeted the figures on May 28.According to the published data, the bitcoin (BTC) trust is responsible for nearly 94% of the firm’s total assets under management. Meanwhile, the…

Wash trading and money laundering in NFTs: What’s the difference? Wash trading and money laundering in NFTs are fraudulent activities that manipulate market prices and facilitate illegal financial transactions in the digital art world. As non-fungible tokens (NFTs) continue to shape the digital landscape, offering creators new ways to monetize their work, they have also

The Aragon Association has pulled plans to give ANT holders voting rights over its DAO in the wake of the attack. 291 Total views 2 Total shares Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has pulled plans for its native Aragon (ANT) token holders to be given voting rights over the…

Bitcoin (BTC) price remains relatively unchanged on the 24-hour chart, down 0.56% and trading around $33,200 at the time of writing.The overall cryptocurrency market traded flat on July 2 with the approach of the Fourth of July holiday weekend in the United States. The lackluster trading volume coincided with a slight decline in the total…

Wednesday, September 19: crypto markets are holding recent gains and fluctuating around previous support levels. While 16 out of the top 20 altcoins by market cap are seeing some red today, total market cap still hovers around recent levels, according to CoinMarketCap.Market visualization from Coin360Bitcoin (BTC) is slightly down 0.12 percent over the past 24…

A blockchain network is preparing for the imminent hard fork to the second version of its core system on 28 Nov – with users set to benefit from flexible transaction fees and the ability to develop their own plugins with ease.ARK has been preparing Core V2 of its platform for some time, and has stressed…

Bitcoin (BTC) mining giant Canaan Creative has seen almost $100 million in revenue this year but remains over $30 million in the red. According to an amendment form submitted on Nov. 5 as part of its registration to conduct an initial public offering (IPO) in the United States, Canaan revealed its Q3 net profit to be…