Altcoins

Popular on the Ethereum blockchain, zk-proofs are also coming to the Bitcoin network. ZeroSync Association is bringing zk-proofs (Zero Knowledge) to Bitcoin (BTC) even as cryptographic techniques become popular on the Ethereum blockchain. Reports state that ZeroSync, a Swiss non-profit association, received sponsorship from crypto investment platforms Geometry Research and StarkWare Industries. The newly-formed association already has a working prototype, allowing users to validate the...

CZ recently rebuffed the CFTC complaint calling for a permanent US injunction against Binance and its executives. Binance CEO Changpeng ‘CZ’ Zhao has responded to the Commodity Futures Trading Commission (CFTC) complaint against the exchange. Responding to the federal agency’s call for a US injunction against Binance, CZ raised several issues alleged in the complaint. CZ also said that the CFTC filed the “unexpected and disappointing civil” complaint despite Binance’s prior cooperation...

As far as the EU is concerned, it is gradually advancing in its crackdowns on the crypto industry through functional regulation. The European Union (EU) is set to vote on a new set of Anti-Money Laundering (AML) laws that may impose some significant restrictions on transactions involving the crypto market. According to recent clarifications given by Damien Carême, a French lawmaker from the Green party, the new restrictions will be based on scenarios where the sender cannot be identified....

ADA price is trading in a bearish zone below the $0.356 support zone against the US Dollar. The price is now trading below $0.356 and the 55 simple moving average (4-hours). There was a break below a key bullish trend lien with support at $0.3480 on the 4-hours chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.3560 resistance zone. Cardano price is struggling below $0.356 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price is struggling to climb above the $1,800 resistance against the US Dollar. ETH price is now trading below $1,750 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,740 the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,700 support zone. Ethereum price is declining below $1,750 against the US Dollar. ETH/USD remains at a risk of more downsides...

According to reports, the Polygon zkEVM Mainnet Beta offers lower gas fees and could see wider adoption of Ethereum scaling technology.  The Polygon zkEVM Mainnet Beta went live on Monday, March 27th, facilitating the deployment of smart contracts with increased finality and reduced costs. The release of the zero-knowledge Ethereum Virtual Machine beta to the public comes days after rival Matter Labs released its own zkEVM. One of the main attractions of the Polygon zkEVM Mainnet Beta is...

Binance’s regional presence is also defined by its active role in the development of the blockchain ecosystem in other countries like Kazakhstan and Ukraine. Binance, the world’s largest digital currency trading platform has announced the opening of its new regional blockchain hub in the Eastern European nation of Georgia. As announced by the crypto exchange, the regional hub is set to reposition Binance’s efforts in the region with respect to the facilitation of blockchain adoption...

The Kokomo Finance protocol has been found to be an elaborate exit scam after developers used wrapped Bitcoin to steal user funds worth $4M. According to reports, developers behind crypto lender Kokomo used Wrapped Bitcoin (wBTC) to perpetuate a $4 million exit scam. A CoinDesk report alleges developers pulled off the scam over the weekend after manipulating tokens to steal millions in user funds. The report further stated that these developers attacked the smart contract of wrapped...

Coinbase asked developers to work on an inflation-tracking stablecoin that can serve as a hedge to the poor monetary policy decisions of the central bank. Crypto exchange Coinbase has been working on some key projects and one of them includes inflation-pegged flatcoins to be built over its recently launched Layer-2 network Base. Coinbase sees flatcoins as one of the four critical innovations in the future of crypto. The other three projects include on-chain limit order book (LOB) exchange,...

Stellar lumen price is facing a major resistance near the $0.0965 zone against the US Dollar. XLM price is now trading above $0.090 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0910 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.0935 and $0.0965 resistance levels. Stellar lumen price is trading above $0.0900 against the US Dollar, similar to bitcoin....