Manta Network’s L2 hits mainnet to drive ZK-enabled DApp development
    13 Sep 2023
    2,499 Views

    Manta Network has launched its zero-knowledge proof layer-2 scaling network, which promises lower fees and higher throughput for developers looking to deploy decentralized applications. The ecosystem of layer-2 blockchain solutions powered by zero-knowledge (ZK) proofs welcomes a new player as Manta Network takes its ZK-as-a-service platform live. Manta Pacific is a modular L2 aimed at…

    Venture capital exec says ‘lack of innovation’ drives funding away from crypto
    13 Sep 2023
    2,497 Views

    Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already “played out.” Compared to 2022, where the first and second quarters of the year saw a combined $20.3 billion flow into the space through venture capital funding, 2023 has been significantly lacking. Venture capital…

    Web3’s revolution: Why the digital wallet is the new marketing gold
    12 Sep 2023
    410 Views

    The cookie-less internet presents an opportunity, not a risk. It has the ability to redefine and strengthen the connection and trust between consumers and brands. The marketing landscape has shifted in the past few years and is ready for upheaval in the coming few years. Stringent regulations, the retirement of third-party cookies, privacy-conscious Gen Z,…

    Stablecoin de-pegging plagued USDC and DAI more than others: Analysts
    12 Sep 2023
    395 Views

    Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of years, according to a new report from S&P Global. Dollar-pegged stablecoins are not immune to dropping their pegs, but some such as Circle’s USD Coin and MakerDAO’s Dai, have been more prone to depegging than others,…

    Arbitrum (ARB) falls to all-time low as network usage metrics decline
    12 Sep 2023
    349 Views

    ARB’s price slumps to a new low as a decline in TVL, a decline in active addresses engaging with its DApps and a general malaise across the crypto market take their toll. Arbitrum has emerged as a leading contender within the Ethereum network’s layer-2 scalability solutions, boasting a significant total value locked (TVL) and notable…

    Arbitrum’s fraud proofs haven’t been used in the two years since it launched
    11 Sep 2023
    2,580 Views

    Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated. Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021,…