Everyone Wants a Piece of the Bitcoin Pie, Now the AI Bots Are Coming for It Too
AI-focused Ethereum layer-2 Mode is the latest network to bridge to Bitcoin in an attempt to get access to deep wells of liquidity held in BTC.
Zero-Knowledge Proofs
Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A
The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea
From Smuggling Gold Out of Africa to Bridging Bitcoin and Cardano
A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.
Polygon to Buy $5M of Servers With Computer Chips Devoted to Zero-Knowledge Cryptography
The purchase is part of a deal with hardware maker Fabric, that is also producing custom zero-knowledge chips for Polygon’s AggLayer.
Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC
The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.
It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’
With Polyhedra’s new “Proof Arena,” it should be easier to tell who’s the fastest (April Walker/Unsplash, modified by CoinDesk using PhotoMosh)
Bitcoin’s ‘OP_CAT’ Possibilities Teased in StarkWare Test Project
StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending “OP_CAT” technical proposal to get adopted.
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.