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Search Results for: smart contract

Israel’s TASE Proposes Allowing Crypto Trading To Non-banking Members

In order to accommodate the needs of its non-banking members. The Tel Aviv Stock Exchange (TASE) is open to the idea of allowing cryptocurrency trading. Its suggestion is a direct outcome of last year’s industry crisis. Which, according to many watchdogs, was necessary in order to implement stronger restrictions. The

February 28, 2023 2 mins read

Eclipse To Launch First Solana Virtual Machine Layer 2 With Polygon

SAN FRANCISCO–(BUSINESS WIRE)–Eclipse is launching with Polygon, the leading Ethereum scaling protocol, to launch Polygon SVM, the first Solana-equivalent scaling solution. Polygon SVM is a Layer 2 blockchain capable of running all smart contracts and tooling compatible with Solana. Eclipse, a Polygon Ventures portfolio company and recipient of a Solana

February 28, 2023 4 mins read

Germany-based DZ Bank To Provide Crypto Custody Services

DZ Bank is a subsidiary of Volksbanken Raiffeisenbanken, one of Germany’s major banking conglomerates. It has announced that it would use a platform developed by fintech company Metaco. To provide services related to digital currencies and crypto securities to institutional customers. Moreover, DZ Bank, Germany’s second-largest bank in terms of

February 26, 2023 1 min read

ETH Whales Accumulate Polygon (MATIC) Ahead of zkEVM Launch

Moving steadily towards a Mainnet Beta release in March 2023, Polygon’s (MATIC) zero-knowledge Ethereum Virtual Machine (zkEVM) is making progress. Due in large part to this monumental development, MATIC has seen its price rise dramatically over the last 30 days. Yet ETH whales have been discovered stockpiling MATIC in preparation

February 25, 2023 1 min read

Polygon Co-Founder Says Solana & Aptos Can’t Beat Ethereum

Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be

February 24, 2023 1 min read

Polygon Co-founder Outlines His Forecasts on Crypto Landscape

Sandeep Nailwal, the co-founder of Polygon, discussed his forecast for the cryptocurrency environment in an interview. He anticipated that Ethereum would surpass all other layer 1 competitors to become the standard smart contract system. Sandeep Nailwal stated:  I don’t think there’s going to be a multi-layer 2 environment. There’ll be

February 24, 2023 1 min read

Top 5 Cryptocurrencies to Invest in 2023

The world of cryptocurrency is still evolving rapidly. The year 2023 looks to be an interesting one for the crypto industry. The crypto market is beginning to revive in 2023 after a disastrous last year. Here are the top 5 cryptocurrencies to invest in 2023 in the volatile crypto market.

February 24, 2023 2 mins read

Trustlessly purchasing an NFT on Flare using the token of a different blockchain.

Dubai, UAE, 23rd February, 2023, Chainwire The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place

February 23, 2023 2 mins read

U.S DOJ Confirms Founders of Forsage Indicted of Over $340M

U.S. Department of Justice (DOJ) confirms in a statement that four Forsage founders have been indicted on charges totaling more than $340 million. The authorities claim that Forsage operated using a Ponzi scheme–like system based on smart contracts. Indictments are handed out by grand juries. If prosecutors are able to

February 23, 2023 1 min read
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