Polygon Labs, creator of the Polygon (MATIC) network, has proposed an architecture for its forthcoming “Polygon 2.0” project. The team suggested in a June 29 blog post that the new project should be made up of four different ‘layers,’ which will combine to create a web of networks ultimately connected to each other through Ethereum.
An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets. On June 30, executives from companies such as Renault, Meta, Spanish telecom company Cellnex and German investment bank
Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve: Starting from a small number of innovators, it grows as early adopters embrace it, moving into mass adoption as it expands to
Greg Oakford, a co-founder of NFT Fest Australia, guides you through the Web3 digital art world from a collector’s perspective. Turning concert merchandise and memories digital Snoop Dogg’s recent announcement of the Snoop Passport — an evolving concert tour collectible — is a trend I believe we’ll see get more and more traction among musicians
The introduction of a spot-based Bitcoin (BTC) exchange-traded fund (ETF) would make the asset more accessible to individual investors and mutual funds. What’s more, unlike a futures-based Bitcoin ETF, a spot-based ETF involves actually buying BTC. So will the approval of the first Bitcoin ETF be a bullish event? Not necessarily. GBTC ‘discount’ remains in
Cryptocurrency-friendly neobank Revolut is next to delist a batch of digital assets on its platform in the United States amid the ongoing regulatory developments in the country. Revolut is preparing to completely delist tokens like Cardano (ADA), Polygon (MATIC) and Solana (SOL) from its platform in September, a spokesperson for the firm told Cointelegraph. On
RippleX, the developer arm of blockchain company Ripple has unveiled an exciting new development for XRP holders. Crossmark, a web wallet developed by Crossmark in collaboration with Ripple, offers a number of features similar to Ethereum’s popular MetaMask wallet. With Crossmark, the developers aim to revolutionize the way users interact with the XRP Ledger, providing
The Polkadot Decoded 2023 conference just wrapped up and this year more than 100 speakers and 100 blockchain projects were in attendance. The beauty of crypto bear markets is they catalyze a realignment of perspectives and objectives. All the hidden leverage is gone and most of the speculation is gone. SBF is gone. Do Kwon
The $4.7 billion Bitcoin (BTC) monthly options expiry on June 30 might play a decisive role in determining whether the $30,000 price will consolidate as long-term support and open room for further bullish momentum. Why is Bitcoin breaking yearly highs? Many analysts consider Bitcoin’s recent breakout above $27,000 a bet on the multiple spot Bitcoin exchange-traded
While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and “corruption,” executives told Cointelegraph. Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is
The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions, but has stopped short of calling for a “regulatory approach.” In a June 30 statement, Ian Woolford, the Reserve Bank of New Zealand’s (RBNZ) director of money and cash said that the RBNZ agrees that “a regulatory approach
Base, a new layer 2 application-focused protocol by Coinbase has just one criteria left to fulfil before being ready for mainnet launch. On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six months of rigorous security audits — both internally and externally — its second-last criteria required for launch. “With
On June 29, the Chicago Mercantile Exchange (CME) Group announced its plans to introduce Ether/Bitcoin Ratio futures. The launch of these futures contracts is slated for July 31, subject to regulatory review. Efficiently capture the relative value of ether and bitcoin in a single trade with Ether/Bitcoin Ratio futures, launching July 31. https://t.co/WDFhIt5rJ7 — CME Group (@CMEGroup)
Asset manager Fidelity Investments has filed an application for a spot Bitcoin exchange-traded fund (ETF), according to a filing by Cboe BZX Exchange with the United States Securities and Exchange Commission (SEC) dated June 19. Fidelity’s application follows BlackRock’s spot Bitcoin ETF application on June 15 and those of WisdomTree, Invesco and Valkyrie in the following
Can you book flights and hotels using AI? The short answer is… kind of, but none of the AI chatbots are reliable, so you’ll still need to do your own research at this stage. Having recently spent hours researching flights and accommodation for a three-week trip to Japan, I decided to compare my results to
Bitcoin (BTC) aborted a fresh attempt to reach $31,000 on June 29 while traders waited for bulls to succeed. BTC price “primed to launch” Data from Cointelegraph Markets Pro and TradingView showed BTC price action refusing to leave its short-timeframe trading range. Now caught between and $30,000 and $31,000, BTC/USD lacked impetus to continue the
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