Software engineer and privacy advocate Nicholas Gregory recently sat down with CryptoSlate to discuss Bitcoin privacy and developments at privacy-focused Mercury Wallet. The talk was particularly pertinent considering recent events at Tornado Cash, which have fueled debate on Bitcoin’s superiority, at least from a censorship resistance standpoint. With the Merge fast approaching, censorship risk remains…
Optimism’s (OP) token shed over 9% of its value in the last 24 hours after the team made an unannounced transfer of $450 million worth of the tokens from its multi-signature wallet. We’re seeing some confusion about recent transfers of OP out of a multisig. This is expected—today we executed a series of planned standard…
Policy Advisor Patrick Hansen posted his thoughts on the regulatory risk now facing the Bitcoin Lightning Network following sanctions against crypto mixer Tornado Cash. U.S. authorities added Tornado Cash to the Office of Foreign Assets Control (OFAC) sanctions list on August 8. The Treasury Department claimed more than $7 billion of illicit funds have been…
Dogecoin Foundation board member Jens Wiechers rubbished claims that Dogechain is an affiliated product, saying “paid media” have disseminated false information that the two are connected. This follows an earlier tweet from Dogecoin developer @cb_doge, who posted that Dogechain is “another knockoff token,” while giving DOGE holders the heads up on influencers promoting the project….
Cyber Capital founder Justin Bons described Polygon (MATIC) as “highly insecure & centralized,” claiming only five people are needed to compromise over $2 billion in the ecosystem. 1/25) Polygon is still highly insecure & centralized! It would only take 5 people to compromise over $2B Adding insult to injury 4 out of these 5 are…
DeFi analyst and YouTuber Patrick Dynamo DeFi, highlighted Monday several exciting trends in the world of DeFi, including the rise of the “L2 wars.” Over the past week, revenue for Polygon, Optimism, and Arbitrum, popular scaling solutions for Ethereum, were up 36% – 54% following Ethereum’s price rally. Another strong performer was Ethereum Name Service…
Polygon‘s Head of Enterprise, Antoni Martin, gave the keynote speech at the 2022 EY Global Blockchain Summit and introduced Polygon Nightfall, the company’s new zero-knowledge proof (ZKP) solution that offers privacy for companies that want to use Ethereum blockchain. According to Martin’s speech, Polygon Nightfall produces eight times faster results than Ethereum base layers, transfers…
Zero-Knowledge Proof (ZKP) will play a significant role in the finance industry and which blockchains and web3 projects become popular as the technology offers enhanced privacy and scalability, according to a recent report by Mina Foundation. CEO of the Mina Foundation, Evan Shapiro, commented on the survey results and told CryptoSlate: “ZKPs becoming part of…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The order book decentralized exchange, dYdX, is leaving the Ethereum blockchain to set up a native chain on the Cosmos ecosystem. The move is a surprise as the project defines itself as offering “advanced cryptofinancial products, powered by the Ethereum blockchain.”…
CryptoSlate recently caught up with Nischal Shetty, Founder of India’s biggest crypto exchange WazirX to discuss layer 1s, the human role in blockchain, validator responsibilities, proof-of-stake governance, and decentralization. With the recent chaos with the governance of Terra Luna and the imminent Ethereum merge, we asked Nischal for his insight into the on-chain voting and…