1/5 of Young Americans Invest in Crypto
a16z Crypto Launches Jolt zkVM, EigenLayer Launches on Ethereum Mainnet
Welcome to Coinfeeds Daily Digest! The SEC has delayed its decision on NYSE's Bitcoin ETF options proposal to May 29th of this year, and Google Cloud and Coinbase have become operators on the EigenLayer platform. Speaking of scaling tech, a16z Crypto has launched its own zkVM called Jolt that is said to be 2x faster than existing zkVMs and supports the RV32I instruction set. Also, a PolicyGenius survey showed that a fifth of young Americans are crypto investors, Zeta Markets is launching its Z token with a 10% supply (100M) airdrop, and OpenSea has integrated a gaming chain GUNZ through a partnership.
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1/5 of Young Americans Invest in Crypto
A survey conducted by PolicyGenius has shed light on a trend, revealing that more than one-fifth of young Americans are now investing in cryptocurrency. This move towards digital assets is particularly pronounced among Gen Z, who are increasingly favoring cryptocurrencies over traditional investment options such as stocks, real estate, and bonds. | Read More
a16z Crypto Launches Jolt zkVM
Jolt stands out as a next-generation zkVM that is reportedly up to two times faster than existing zkVMs. This leap in performance is achieved through the use of advanced cryptographic techniques, including the Lasso lookup argument and sumcheck-based methods, which facilitate faster program proving and streamline the implementation of VM instructions. | Read More
Google Cloud and Coinbase Become EigenLayer Operators
Google Cloud and Coinbase have joined EigenLayer as operators. Google Cloud, in particular, has been expanding its footprint in the Web3 space, with the launch of its blockchain division and various partnerships with blockchain protocols. By joining EigenLayer as an operator, Google Cloud and Coinbase are contributing to the security and efficiency of Ethereum network. | Read More
EigenLayer, EigenDA Launch on Ethereum Mainnet
Alongside EigenLayer, EigenDA has also launched as the first actively validated service (AVS) on the Ethereum mainnet. EigenDA focuses on improving data availability, a critical aspect for the efficiency and scalability of blockchain networks. By reducing data storage costs, EigenDA aims to benefit a wide range of decentralized applications, particularly those in the gaming and social media sectors. | Read More
SEC Delays Decision on Bitcoin ETF Options
The SEC's decision to delay comes after the NYSE filed for a rule change on February 9, which would allow for the listing of options on spot bitcoin ETFs. This filing process includes a period for public comment, during which only two comments were submitted. An additional 45-day extension was provided by the SEC. | Read More
OpenSea Adds Support For 'Off The Grid' Gaming Chain GUNZ
Gunzilla Games has announced a partnership with OpenSea. For the first time, items acquired in games developed on the GUNZ blockchain, starting with the cyberpunk-style battle royale game 'Off The Grid', can be traded on OpenSea. The use of the GUN token for transactions further simplifies the process. | Read More