Google Cloud is set to become a Tezos network validator as it has inked a partnership with the Tezos Foundation, a Swiss non-profit organization behind the Tezos Protocol, to foster web 3 development on its blockchain network.
Author: Atiq Ur Rehman
Atiq Ur Rehman
Atiq is a Electronics Engineer with a passion for writing about disruptive technologies, including blockchain. With a deep understanding of the technical aspects of emerging technologies and their potential to transform industries, this author brings a unique perspective to the world of cryptocurrency and blockchain.
Polygon Labs, the team behind the Ethereum scaling project Polygon, has slashed its workforce by 20% as part of its consolidation announced earlier this year. The native MATIC token felt the impact as it has fallen by more than 7% in the last 24 hours.
Non-fungible token (NFT) project Friendsies was rumoured to be a rug pull scam on Tuesday after they announced the pause of the project. However, the team was quick to refute the allegations.
Following the federal tightening of crypto scrutiny, US states are also buckling up to tighten their grip on the crypto and blockchain sector as a quietly introduced Illinois senate bill seeks many “impossible things” from miners and node operators.
Gemini co-founder Cameron Winklevoss now believes that the next crypto bull run will start in the east as he felt disappointed about the US regulators’ approach towards the crypto sector.
The United States Securities and Exchange Commission (SEC) has charged Terraform Labs, the company behind Terra blockchain protocol, and its co-founder Do Kwon for operating a multi-billion dollar fraudulent crypto scheme.
Binance is bracing itself to pay penalties in an effort to settle US investigations as regulators sniff around the exchange’s past policy violations.
Conflux Network, a POW & POS hybrid blockchain network, has joined hands with China Telecom to launch blockchain-enabled SIM cards, dubbed BSIM.
The dust of the FTX blowout is in no way near settling as a class action lawsuit accuses venture capital and private equity firms including Sequoia Capital, Thoma Bravo, and Paradigm of promoting the false legitimacy of the doomed crypto exchange.
After a rigorous testnet trial, Polygon zkEVM, a new layer-2 scaling solution for Ethereum by Polygon Labs, will go live on the mainnet in the next month.