“We’ve had ZK-proofs for some time, but what we haven’t had is a way to prove Ethereum transactions, which are complex. It wasn’t possible to build a layer 2 that supports these transactions, which might have a flash loan, an arbitrage trade, a swap, all in one transaction. Proving them wasn’t possible until now,” he said. Source link … [Read more...] about Polygon Stakes Claim to Fastest Zero-Knowledge Layer 2 With ‘Plonky2’ Launch
Claim
Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
Terraform Labs and its CEO, Do Kwon, are challenging the U.S. Securities and Exchange Commission (SEC), claiming the regulator improperly served Kwon subpoenas at Mainnet 2021 despite not having jurisdiction over Kwon or his company. They have asked a New York court to dismiss the subpoenas.Terraform filed a motion last Friday opposing an SEC effort to compel Kwon and Terraform … [Read more...] about Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
Creator of Pepe The Frog files DMCA claim taking down Sad Frogs NFTs
Matt Furie, the creator of Pepe The Frog, moved to take down a frog-based collection of NFTs on the OpenSea platform.Sad Frogs District was delisted by way of a Digital Millennium Copyright Act (DMCA) takedown notice. This refers to a U.S copyright law that protects creative works on the internet. It allows the copyright owner to deal directly with the Internet Service Provider … [Read more...] about Creator of Pepe The Frog files DMCA claim taking down Sad Frogs NFTs
Miami stakes the claim to become the world’s Bitcoin and crypto capital
As Miami comes down from the “high” of having hosted the “largest-ever” Bitcoin event, it seems reasonable to ask: Does the Sunshine State’s entrepot really have what it takes to become “the world’s cryptocurrency capital?” — a new role foreseen by its dynamic mayor. If not, could Miami at least become the next Crypto Valley — i.e., a cradle for cryptocurrency and blockchain … [Read more...] about Miami stakes the claim to become the world’s Bitcoin and crypto capital
UK court to consider Craig Wright’s claim of ‘inventing’ Bitcoin
The UK High Court has allowed Craig Wright’s lawyers to pursue legal action against the bitcoin.org website for copyright infringement. Wright is infamous for claiming to Satoshi Nakamoto, the pseudonymous creator of Bitcoin, without ever providing proof of the claims.Legal action was sparked when the owner of bitcoin.org, known only as “Cobra,” denied Wright’s demand to remove … [Read more...] about UK court to consider Craig Wright’s claim of ‘inventing’ Bitcoin