Polygon Releases 'Type 1 Prover', Reaching Vitalik-set Milestone
Polygon Releases 'Type 1 Prover', Reaching Vitalik-set Milestone
Kraken Secures Dutch License, Ether Dencun Upgrade Targeted For March 13-16, U.S. Senators Berate SEC
Welcome to Coinfeeds Daily Digest! Today we cover U.S. senators having berated SEC chair Gary Gensler for what they claim is unethical handling of a case that involves the project DEBT Box. Regarding technicals, Polygon has released its Type 1 Prover — a new iteration of the tool/participant that will generate ZK proofs at a lower cost and integrate them with EVM-compatible networks, and StarkWare, together with Herodotus, has released a Cairo Verifier — a bridge between L2 and L3 chains where L3s can be verified directly on Starknet. A protocol called M^0 that's backed by people from MakerDAO and Circle, is set to enable institutions to launch their own Treasury bill-backed stablecoins after its launch this year. Moreover, Kraken has secured a Dutch VASP license, Ethereum's Dencun upgrade is targeting March 13th for the launch date, and BlackRock & Fidelity ETFs have had the biggest debut month of any ETF in 30 years.
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Polygon Unveils 'Type 1 Prover'
The 'Type 1 prover' is a technological advancement that integrates zero-knowledge proofs with networks compatible with the EVM standard. Zero-knowledge proofs are a form of cryptographic verification that allows one party to prove to another that a statement is true without revealing any information beyond the validity of the statement. | Read More
Senators Berate SEC's Gary Gensler For Agency's 'Unethical' Handling of Crypto Case
Recent events have brought the U.S. SEC under scrutiny by members of the Senate Banking Committee. Republican senators, including prominent figures like J.D. Vance and Cynthia Lummis, have openly criticized SEC Chair Gary Gensler for what they describe as 'unethical' conduct in the handling of a crypto case involving the blockchain project DEBT Box. | Read More
Ethereum Devs Target March 13-16 For 'Dencun' Upgrade
Ethereum developers are to attempt a rollout of the Dencun upgrade on March 13. This upgrade is poised to be one of the most substantial changes to the Ethereum network since April 2023, with a focus on enhancing the efficiency and scalability of the platform. | Read More
BlackRock & Fidelity ETFs See Largest Debut Month of Any ETF in 30 years
The BlackRock iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) have each amassed over $3 billion in assets within their first month, a feat that any other ETF has not matched in the United States for the past 30 years. Over 5,535 ETFs have been launched in the U.S. over the past three decades. | Read More
Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
M^0 is a new protocol whose team has recently published a white paper, outlining a system where institutions can create their own stablecoins backed by U.S. Treasury bills. With a planned launch in the second quarter of 2024, M^0 is gearing up to serve a variety of entities within the financial ecosystem. | Read More
Kraken Secures VASP License In The Netherlands
Krake has secured a key VASP registration from the Dutch Central Bank (DNB), marking a pivotal step in its growth strategy within the region. It's a gateway that allows Kraken to offer a full suite of services to Dutch customers — exchange, transfer, custody, and wallet services for virtual assets. | Read More