Bitcoin ‘untouchable’ amid regulatory pressures, says analyst

    Bitcoin is “untouchable,” because it’s more decentralized than other cryptocurrencies in the space such as Ether according to senior commodity strategist Mike McGlone. Bitcoin is “untouchable” despite ongoing regulatory pressures in the crypto sector and those who don’t have some crypto exposure are “seriously silly” according to Bloomberg’s senior commodity strategist Mike McGlone. During an…

    Buterin weighs in on zk-EVMs’ impact on decentralization and security

    Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer. Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin…

    Here’s how the crypto industry is using artificial intelligence

    The rise of artificial intelligence, though in its early stages, has found use cases in crypto through countless projects. The use of artificial intelligence (AI) in crypto, though still in its infant stages, is showing prospects for growth. According to a report from Fortune Business Insights, the blockchain AI market is projected to grow from $220.5 million…

    Crypto exchange Bittrex to wind down operations in the US

    The exchange shared that all customer funds are safe but advised its U.S. customers to withdraw their funds by April 30, 2023. Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform’s ninth anniversary, marking a…

    Zero-knowledge proofs coming to Bitcoin, overhauling network state validation

    Zero-knowledge proofs have powered the development of Ethereum layer 2s, and now they’re coming to Bitcoin. Bitcoin users will soon be able to use zero-knowledge proofs (ZK-proofs) to expedite the process of verifying individual blocks and, eventually, the entire blockchain. ZeroSync Association, a Swiss-based nonprofit, is developing tooling which allows users to validate the state of…

    ‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork

    Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12. Ethereum validators will soon be able to withdraw their Ether from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12. Shapella will take effect at epoch 194,048, which is scheduled…