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Vitalik Buterin, co-founder of Ethereum, has discussed at a new cryptographic proof method that would make zero-knowledge proofs more efficient. A method for fast cryptographic proofs over binary fields, “Binius,” was detailed in a blog post by Buterin on April 29. The system aspires to achieve substantial performance improvements over
With the finalization of a $10 million investment round, London-based Harris and Trotter Digital Assets, a worldwide cryptocurrency accounting business, has taken a big step toward solving accounting issues that affects all Web3 projects. The round was headed by Orbs and includes investments from RE7 Capital, Kingsway Capital, and other notable Web3
In response to the SEC’s demand that Terraform Labs and its co-founder Do Kwon pay $5.3 billion in disgorgement and civil penalties, the company’s legal team has submitted a motion in opposition to the request. After a jury found Terraform and Kwon guilty of fraud, their defense team requested a
In its pursuit of expanding its crypto footprint, financial service provider Stripe has signed a strategic relationship with blockchain network Avalanche. Taking to X, Avalanche announced the major integration with Stripe, saying that the popular payment platform now allows customers to buy AVAX directly. Importantly, these users may finish their
According to security company SlowMist, LinkedIn users are being targeted by the North Korean-backed cyber-hacker group Lazarus Group, who is pretending to be an executive member of the Chinese blockchain asset management business Fenbushi Capital. A screenshot uploaded on X by SlowMist’s chief information security officer shows the con artist
Friend.Tech, a widely popular web3 social app, is all set to roll out V2 release today (Monday), signaling its move beyond X (Twitter). Anticipation mounts within the community as they await updates on the potential FRIEND token airdrop. This SocialFi protocol, dubbed the “marketplace for your friends,” went viral in
An effort to have Roman Semenov, co-founder of Tornado Cash, dismissed from charges of conspiracy and money laundering has been opposed by the US Department of Justice (DOJ). It said that early-stage motions are not appropriate for bringing forward contested facts for jury consideration, as the defense had done in
The new partnership between Polygon (MATIC) and Robinhood Wallet is a major step forward in Q2 2024 strategy. Users can use Polygon’s proof-of-stake network (PoS) to conduct cross-chain swaps in Robinhood Wallet. The partnership, which was unveiled on April 27, 2024, makes use of LI.FI and 0x Project technologies. Because
At least two weeks after discovering them, the Layer 2 network Optimism patched two serious vulnerabilities on its testnet. Optimism upgraded its testnet on April 25, according to Offchain Labs, who discovered the vulnerabilities on Friday. A software company warned that malicious actors might change the chain’s history and perform
The first-ever phase of Ouroboros Genesis is almost here, and with it, a massive improvement for Cardano. This shift is revolutionary since it incorporates P2P (peer-to-peer) activities in its entirety. The decentralization, security, and resilience of the blockchain are all enhanced by peer-to-peer networking. The ability to transmit and synchronize
