On Thursday, a proposal to fund decentralized autonomous organization zkDAO passed via treasury protocol BitDAO with close to 200 million votes cast. The proposal was authored by Matter Labs — the organization behind Ethereum scaling protocol zkSync — and Mirana Ventures.Utilizing zk-Rollups, zkSync and its family of technologies will build layer-2 infrastructure capable of … [Read more...] about BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
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Cardano, Polkadot Advance as Crypto Market Rallies Ahead of Christmas
Such RSI levels were previously seen early November when, bitcoin traded at its previous high around $67,000. Prices fell to under $59,000 the following week. However, Friday’s reading doesn’t necessarily mean a price drop will occur, as asset prices are dependent on several market dynamics. Source link … [Read more...] about Cardano, Polkadot Advance as Crypto Market Rallies Ahead of Christmas
Portal partner with Polygon to advance DeFi on Bitcoin
Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market.Portal currently offers fully decentralized on-chain spot and options trading, as well as peer-to-peer lending and borrowing. This … [Read more...] about Portal partner with Polygon to advance DeFi on Bitcoin
RTFKT partners with Daz 3D to advance metaverse NFT’s
RTFKT Studios, pronounced artifact, has announced a collaborative partnership with software developer Daz 3D to leverage their technology to create immersive, three-dimensional avatars for their upcoming nonfungible token, or NFT, release, CloneX.Founded by Chris Le, Benoit Pagotto and Steven Vasilev, RTKFT has emerged at the forefront of next-generation sneaker culture, … [Read more...] about RTFKT partners with Daz 3D to advance metaverse NFT’s
DeFi hacks will advance the crypto sector moving forward
The rise of decentralized finance, or DeFi, could be paving the way toward a fully decentralized financial ecosystem. Yet, given the innovative nature of DeFi, the sector remains in constant development and is therefore prone to a number of vulnerabilities. Unsurprisingly, one of the biggest challenges currently facing the DeFi sector is security threats. This has become … [Read more...] about DeFi hacks will advance the crypto sector moving forward