Circle, one of the largest stablecoin producers, has expanded its support for Ethereum’s layer-2 solution zkSync to include its own stablecoin, USD Coin (USDC). This integration expands the possibilities for Ethereum developers and users, letting them to benefit from zkSync’s zero-knowledge proofs and rollup technology. Increasing the Reach of USD Coin With the inclusion of … Continue reading Circle Integrates zkSync for USD Coin
As artificial intelligence (AI) becomes increasingly integrated into our daily lives, concerns about bias within AI systems have garnered significant attention. Bias in AI refers to the systematic errors or inaccuracies in decision-making processes, often resulting from the unconscious prejudices of its developers or the data used to train the algorithms. Addressing bias in AI … Continue reading AI bias: how blockchain can ensure its safety
As the tax season draws to a conclusion, the Internal Revenue Service (IRS) of the United States is getting ready for the possibility of an increase in the number of cases involving crypto tax crimes. Guy Ficco, the head of the IRS’s criminal investigative division, has said that he anticipates an increase in the number … Continue reading IRS Expects Surge in Crypto Tax Crime Cases as Tax Season Concludes
Everyone is aware of crypto these days. Once obscure, these digital assets are rapidly integrating into the mainstream, particularly in the realm of e-commerce. The industry is predicted to grow from its previous perception as a niche investment for tech enthusiasts to $2.9 billion by 2030. The increasing digitisation of various aspects of life demands … Continue reading Is It Wise for E-Commerce Stores to Accept Crypto As Payment?
Global leader in semiconductor technology Samsung Electronics recently revealed that it has obtained US government funds totaling $6.4 billion to expand its chip manufacturing facilities in Texas. The United States’ ability to produce chips domestically will be greatly enhanced by this huge investment, especially in sectors like aerospace, defence, and automotive. The 2022 Chips and … Continue reading Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas
Israeli central bank official, Andrew Abir, sees the introduction of the digital shekel as a catalyst for technological advancements that will drive competition in the banking sector. He acknowledges the ongoing efforts to increase competition in the Israeli banking industry and states that there is still a long way to go. Abir notes that public … Continue reading Israeli Central Bank Official Embraces CBDC Competition with Banks for Economic Growth
Scroll, a prominent player in the blockchain space, has recently announced the launch of Scroll Sessions, a native zkEVM Layer 2 solution designed specifically for the Ethereum network. This innovative technology aims to address the scalability and high transaction costs associated with the Ethereum blockchain. With the rapid growth of decentralized applications (dApps) and the … Continue reading Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum
What happened recently with the Libra Association? Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14. … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?
Since the launch of the Bitcoin in 2008, interest in cryptocurrencies continue to increase exponentially over the years. As the space matures, investors are increasingly eager to add cryptocurrencies into their portfolios for more diversification, whether it is for long-term value investing or short-term profit maximization. Investors can no longer afford to ignore the impact … Continue reading Blockchain.News Interview with Co-founder and CIO of CryptAM, David Demmer on Digital Asset Management
With the number of blockchain start ups booming these years, so does the blockchain ecosystem that support and cultivate the next potential market disrupters. And whether it is for ICO, raising money, or consulting on critical business issues, they are all crucial factors for the success of start up. And getting an advice from a … Continue reading Online interview with CEO of Block Chain Impact Hugo Jacques on blockchain advisory and investment