Television will no longer be a one-way street but a dynamic and immersive experience that reflects users’ desires and interests. In the ever-evolving landscape of entertainment, the convergence of watch-to-earn and blockchain technology is reshaping the way users consume and engage with media content. This dynamic fusion offers a range of possibilities, from rewarding viewers for their…
Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year. The United States District Court for the Northern District of California has ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS). The agency said it needed the information to…
The forthcoming multichain system will use zk proofs to transfer assets between networks. Polygon Labs, creator of the Polygon network, has proposed an architecture for its forthcoming “Polygon 2.0” project. The team suggested in a June 29 blog post that the new project should be made up of four different “layers” that will combine to create a…
With advances in scaling and interoperability, cryptocurrencies are more ready than ever for widespread adoption. With crypto gas prices dropping to lows after numerous recent innovations in scaling and interoperability across different chains, we can more vividly imagine a possible shift toward widespread crypto payments. Crypto payments at scale are currently prevented by regulation, lack of understanding and mass adoption, as…
Are regulators trying to disarm crypto-native companies in order to pave the way for Blackrock to steamroll the industry? There is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say….
While a date for mainnet wasn’t announced, the Base team said it’s now fulfilled four out of five of their criteria for launch. Base, a new layer 2 application-focused protocol by Coinbase, has just one criterion left to fulfill before being ready for mainnet launch. On June 29, the team said the Optimism-powered, Ethereum-secured network has been…