Share this article zkLink, the infrastructure layer that makes it easier to move assets across blockchains, today launched the public Nova mainnet, the first Aggregated Layer 3 zkEVM rollup network leveraging zkSync’s ZK Stack.Addressing critical challenges such as liquidity fragmentation, multi-chain dApp development complexity, and siled assets and applications, zkLink Nova’s Aggregated Layer 3 Rollup provides a comprehensive solution.Mainnet’s integration with key Layer 2s, including Arbitrum, Linea, Manta, Mantle, and zkSync, establishes a connectivity layer that enhances liquidity and asset transfers across the Ethereum ecosystem.Vince Yang, CEO and co-founder of zkLink, said: “This is beneficial to both zkLink and the…
Author: Crypto Flexs
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In a recent shift in perspective, Bloomberg analysts significantly lowered their forecast for an Ethereum spot exchange-traded fund (ETF) to be approved by May. The probability is only 35%.According to Eric Balchunas, the odds are: down sharply Previous estimates put it between 60% and 70%.The amendments reflect growing skepticism about regulatory approval for an Ethereum ETF, in contrast to the previously more optimistic stance.No signs of activityThe caution among analysts follows recent discussions between Coinbase, Grayscale, and the SEC regarding the possibility of converting Grayscale’s Ethereum Trust into an ETF. Such meetings can typically indicate a positive trajectory, but the…
BlockDAG’s (BDAG) recent keynote resonated globally, signaling a transformative moment for cryptocurrency. This insightful presentation heralded a new era in digital asset investing, demonstrating BlockDAG as a safe and profitable pre-sale project amid the volatility of the cryptocurrency market. Groundbreaking presentations that have a global impact The viral spread of the keynote highlighted BlockDAG’s innovative blueprint for the future, solidifying its leadership in the cryptocurrency space. With an ambitious valuation target of $600 million, the presentation provides a clear and strategic vision to draw investors and enthusiasts into BlockDAG’s promising trajectory. Learn more about the BlockDAG ecosystem revealed in the…
London, UK, March 11, 2024, Chainwire Sensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of a revolutionary platform designed to create life-like autonomous AI digital replicas on-chain, representing a significant leap toward digital immortality. . Leveraging cutting-edge technology, Sensay offers limitless potential in the digital era, helping users maintain ownership and monetize their digital twins. Bold steps for dementia patients and beyond Focused on people living with dementia and their families, Sensay aims to deliver immediate social impact by providing life-like digital replicas for memory preservation and companionship. This groundbreaking approach…
The price of XRP rose to $0.62 after a surge in exchange withdrawals. CLLD has surged negative, indicating a bullish bias. The number of Ripple (XRP) tokens abandoned on Binance has exceeded 75 million, AMBCrypto has confirmed after reviewing large transactions. whale warning reported In the last 24 hours. According to Whale Alert, these transactions occurred in batches. However, considering the price of XRP, this could be good news. One reason for this prediction is that large withdrawals from exchanges reduce selling. Additionally, if there is buying pressure during this period, the price of the cryptocurrency may surge. However, over…
A proposal aimed at funding the legal defense of the developers of Tornado Cash, an Ethereum-based mixing platform, has been taken down by the Arbitrum community due to apparent legal issues. Devansh Mehta, leader of the Arbitrum Treasury working group, criticized the move and said, “There is absolutely no problem in paying the fees(…)
Coinbase argued Monday that the appeals court should direct the Securities and Exchange Commission to begin a “long overdue rulemaking process.” The Securities and Exchange Commission violated the Administrative Procedure Act by failing to participate in rulemaking and providing detailed reasons for denying Coinbase’s rulemaking petition, Coinbase said in an opening brief filed Monday with the 3rd Circuit Court of Appeals. This law governs how federal agencies develop and issue rules. “The SEC lacks the statutory authority to extend the existing securities regime to digital assets. However, if the SEC insists on proceeding without congressional approval, such a decision should…
Top Lending Protocol Team Launches Suilend on Sui – Chainwire housenewsroomTop Lending Protocol Team Launches Suilend on Sui We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the legitimate…
We are sad to announce that Ming Chan, who has served as Executive Director of the Ethereum Foundation for nearly three years, is leaving the Foundation. Since her arrival in 2015 she has played a key role in the foundation’s development and success. We will miss her leadership, dedication and integrity that she brought to her Foundation and would like to thank her for her dedicated service and many significant accomplishments, including: Multiple reorganizations for the foundation, greatly improving efficiency and reducing costs.Building relationships with IC3 and other academic groupsNavigate and support the Foundation through several difficult challenges, including the…
FDIC Vice Chairman Travis Hill criticized U.S. banks’ restrictions on handling their customers’ digital assets. On Monday, Hill called for a proactive approach to blockchain technology, indicating that the current regulatory stance stifles innovation. He emphasized the need for policy clarity on acceptable measures and standards for safety and soundness. Hill, who previously worked as a Republican Senate aide, noted that rapid technological advancements pose challenges to policymaking. In 2022, top U.S. banking regulators, including the FDIC, the Federal Reserve, and the Office of the Comptroller of the Currency, warned banks about the risks of cryptocurrency trading, highlighting concerns about…