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Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks

According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction…

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BOS Open-Sources Zero-Knowledge Protocol, Paving the Way for Advanced Cryptography on Bitcoin

BitcoinOS (BOS) has open-sourced its BitSNARK verification protocol, marking a significant advancement in blockchain technology. This protocol, which successfully verified the first zk-SNARK proof on the Bitcoin blockchain, enables zero-knowledge…

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Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities

Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability…

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Sony Block Solutions Labs Introduces Soneium, an Ethereum L2 Project 

Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to seamlessly connect Web3 and Web2, Soneium promises enhanced scalability, efficiency,…

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Bitcoin Rollup Protocol BOS Verifies Zero-Knowledge Proof on Mainnet

BitcoinOS (BOS) has successfully verified a zero-knowledge proof (ZKP) on the Bitcoin mainchain, marking a significant technological advancement. This development introduces scalability and enhanced functionality to Bitcoin without altering its…

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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE

Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton…

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Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability

Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers…

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The Memecoin Frenzy Has Ignited a Scalability Arms Race

Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting…

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Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities

In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s…

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Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles 

Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches…

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