Polygon to unveil new public testnet for Hermez
The launch of the public zkEVM testnet is for Hermez, which was purchased by Polygon for $250 million last year. The public zkEVM testnet from Polygon has been made available, allowing developers to test the creation of privacy-enhancing zk-rollups in their individual decentralized applications. The Competition for Ethereum Layer-2 Solutions Hermes, a new Ethereum scaling […]
Coinbase receives regulatory certification in Singapore
As it accelerates its international expansion, U.S. cryptocurrency exchange Coinbase has secured a crucial regulatory license in Singapore, the business announced on Tuesday. The island nation’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase an in-principle clearance to offer regulated digital token products and services. The regulatory certification of Coinbase comes as […]
PayPal retracts misinformation clause in Acceptable Use Policy
Despite the retraction from Paypal, the crypto community argued the policy shows why decentralization and self-custody are crucial. PayPal, an online payment network, has backtracked on a contentious policy that could have resulted in customers being fined $2,500 for disseminating “misinformation,” stating the policy update was made “in error.” The now-retracted disinformation section in PayPal’s […]
Dapper Labs restricts Russian accounts amid EU sanctions
Dapper Labs was told to restrict these accounts because its “payment processing and stored value service partner is subject to EU rules.” Following the implementation of additional restrictions by the European Union (EU) against Russia and its citizens, Flow blockchain developers Dapper Labs have blocked Russian accounts. The most recent round of EU sanctions on […]
How to buy an NFT on Solana blockchain
Solana Blockchain is considered a better option by creators because it allows for the quick minting of NFTs for lower transaction fees. Solana blockchain is one of the leading blockchains, with approximately 5.7M NFTs and 400 projects spanning Defi, NFTs, and other technologies. Non Fungible tokens (NFTS) are becoming increasingly popular, which has resulted in […]