Polygon proposes upgrading MATIC into a multipurpose token for all chains
Ethereum layer 2 development firm Polygon proposed upgrading its in-house MATIC (MATIC) token into a multipurpose token that can be used to validate multiple…
Ethereum scaling protocols drive zero-knowledge proof use in 2023
Ethereum (ETH) scaling protocols are dominating the use of zero-knowledge (ZK) rollups, with major launches, new research and healthy competition key points in a…
If good UX is like driving auto, Web3 is ‘driving stick’ — UX designers
The current state of Web3 user experience is akin to driving a manual transmission car — there’s more control, but most users will find it unnecessarily clunky,…
Crypto miner Hive Digital drops ‘blockchain’ from name amid pivot to AI
Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into…
BNB Beacon Chain hard fork adds ‘panic’ feature that can ‘halt’…
The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the…
IRS investigating crypto traders using Puerto Rico tax breaks: Report
Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers…
Bitcoin ETF would be the ‘seal of approval’ from SEC: Mike Novogratz
The approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) would equate to a “seal of approval” for Bitcoin from the United States government and its…
US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure
A cryptocurrency wallet associated with the United States Department of Justice (DOJ) moved approximately 9,825.25 Bitcoin worth around $299 million in a series…
‘AI helps traders utilize more intuitive strategies,’ says Exchange
On July 11, cryptocurrency exchange Bitget launched an AI-powered feature for its Grid Trading strategies, or the use of trading algorithms to automate…
BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price
The price of BNB token has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB has performed worse than the…