Gemini Files Lawsuit Against Genesis Over Bitcoin Trust Shares
Gemini Trust Co. has filed a lawsuit against Genesis over who will take control of the $1.6 billion Grayscale Bitcoin Trust (GBTC). As part of a tri-party agreement, Gemini operated a program that permitted users to lend digital assets to Genesis Global. Genesis distributed the Gemini Earn aggregated funds as loans to large organizations and […]
Flare Network Launches Public Staking
The second phase of Flare Staking has gone live on Flare Network, a platform that serves as an oracle service provider and is a major ally of Ripple. Users can now move their FLR token from the C-network, where smart contracts operate, to the P-Chain, which is Flare’s dedicated staking network, according to a recent […]
The Role of Ring Signatures and Stealth Addresses in Crypto Privacy
Privacy has become an increasingly significant concern in the world of cryptocurrencies. The promise of anonymity and security is what initially drew many to digital currencies like Bitcoin. Still, it’s no secret that blockchain technology can sometimes be less private than one might hope. That’s where innovations like Ring Signatures and Stealth Addresses come into […]
Optimistic Rollups and zk-Rollups – A Comparative Analysis
Scalability is one of the main issues Ethereum is now experiencing because of the increasing number of users that are flooding the network, causing congestion and expensive fees. Layer 2 scaling networks, such as Optimistic and Zero-knowledge Rollups, have emerged as a viable answer to these issues. These two scaling methods have the ability to […]
dYdX Deploys Layer-1 Blockchain
The creation of the genesis block by chain validators marks the successful launch of dYdX’s layer-1 proof-of-stake blockchain. dYdX, a decentralized cryptocurrency exchange, has inaugurated its layer-1 blockchain with the creation of its genesis block, which will utilize DYDX tokens. The dYdX Chain is configured to pay all validator and staker fees in USD Coin. […]