While the hype surrounding the metaverse may be away from its peak back in 2021, an executive believes it lives on, with governments in the Middle East capitalizing on the technology to boost their economies. At the Arte Talks event held at the Theatre of Digital Art in Dubai, Cointelegraph spoke with Samuel Huber, the…

Ethereum scaling protocol Polygon has developed a new Type 1 prover allowing ecosystem chains like optimistic rollups to unlock zero-knowledge proof (ZK-proofs) layer-2 functionality. Polygon co-founder Brendan Farmer spoke exclusively to Cointelegraph after Polygon announced that its next-generation Polygon zkEVM Type 1 prover will be available as open source to Ethereum ecosystem participants. Farmer said…

Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding with the Solana Foundation to advance the development of distributed ledger technology (DLT). The partners did not announce any specific measures but will explore opportunities for development within ADGM’s DLT Foundations Regulations. ADGM and Solana will look to expand the international financial center’s existing…