White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award
    21 May 2024

    A decade-old research paper seen as a “blueprint” for the first practical use of zero-knowledge proofs (ZK-proofs) has received an award from the Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization. According to an announcement shared with Cointelegraph, the “genesis paper” — “Zerocash: Decentralized Anonymous Payments from Bitcoin” — helped pave the way for…

    Ethereum price soars on spot ETF rumor — How are ETH options markets positioned?
    21 May 2024

    On May 20, the price of Ether surged over 18% after Eric Balchunas, a senior analyst at Bloomberg, raised the approval odds for the Ethereum exchange-traded fund (ETF) from 25% to 75%. Balchunas noted that the United States Securities and Exchange Commission likely faced political pressure, as their previous position showed little engagement with ETF applicants. Balchunas further…