Current data from in-house Explorer has it that Polygon zkEVM is experiencing an outage that has rendered it inactive for more than 12 hours on Saturday.  Polygon zkEVM the New Protocol Battling Outage Polygon zkEVM, which is natively compatible with ERC-20-based applications, was launched almost a year ago on March 27, 2023. It offers a […]

An Ethereum (ETH) Initial Coin Offering (ICO) participant has woken up after more than 8.7 years of staying dormant, a move that has sparked speculations in the broader digital currency ecosystem.  Ethereum ICO Whale and Selloff Move The first action orchestrated by the whale according to data from the crypto analytics platform Lookonchain is to […]

Over the last weekend, Polygon’s zkEVM, which is currently in beta, went down for nearly 10 hours. The Polygon zkEVM Mainnet Beta encountered a sequencer problem due to an L1 reorg. However, this issue was exclusive to Polygon zkEVM and didn’t affect Polygon PoS or CDK. Polygon zkEVM Resumes Operation After Emergency Fix The Polygon […]

Hong Kong’s financial regulator has warned the public over the activities of the platforms on suspected virtual asset-related fraud. This comes from the bank of efforts by authorities to flush out unregistered companies and non-compliant firms from the country.  In a recent press release, the Securities and Futures Commission (SFC) informed the public of new […]

SWIFT, the global bank messaging network, has revealed that it will build a new platform. This portal targets connecting the growing central bank digital currencies (CBDCs) with the current financial system. The move is a major milestone for the growing CBDC ecosystem, utilizing SWIFT’s central position in the world of banking. The move is in […]

In a dynamic turn of events within the meme coin sector, the spotlight has shifted towards a new contender named cat in a dogs world (MEW), as Solana whales divert their attention from the once-popular Book Of Meme (BOME). Notably, the rising popularity of MEW is witnessed by its remarkable surge of approximately 60% in […]

Dogecoin (DOGE), the largest crypto by market cap, amassed significant gains lately and even flipped Cardano (ADA). The Dogecoin price soared by 8% today due to the overall positive sentiment in the market and the GigaWallet launch. Moreover, Dogecoin’s GigaWallet launch is expected to boost its utility and boost the DOGE price gains. Dogecoin’s GigaWallet […]

The Technology Working Group, by the UK government, has come up with a report urging companies to consider working together in tokenization. This move highlights the growing appreciation of the capacity of blockchain technology to transform asset management and finance transactions. The report highlights the need for companies to stick to tokenization plans, which allow […]

A rising US debt situation had kept financial markets on their toes. In the middle of speculations, Blackrock’s CEO has expressed his fair share of concerns on how the US debt can potentially be a destructor for the economy. Bloomberg in its report says that Blackrock’s CEO highlights that the nation must enact measures to […]

The world’s largest crypto exchange Binance on Friday said it is listing new borrowable and collateral assets on cross margin and new trading pairs on cross and isolated margin. Binance is adding new FDUSD, USDT, and USDC pairs for some top cryptocurrencies including Dogecoin (DOGE), Shiba Inu (SHIB), Chainlink (LINK), Pepe Coin (PEPE), Sui, Worldcoin (WLD), […]