Polygon announced today the release of its zkEVM public testnet, which will let developers test the deployment of privacy-enhancing zk-rollups in their decentralized applications (dApps). Zk-rollups are a much-hyped layer-2 scaling solution that…
Has the move to proof of stake made Ethereum more centralized and censorship-prone? With its shift from proof of work to proof of stake last month, Ethereum now relies on validators, not miners,…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) DeFi is teeming with interesting governance experiments, from Lido Finance’s DAO brokering a $14.5 million deal with venture firm Dragonfly to Maker’s DAO…
For years, critics of Ethereum have lamented how slow it is. The core protocol can handle only 10-15 transactions per second, and fees frequently become unsustainable during times of high user activity. Developers have…
In brief LaLiga Golazos, an NFT platform based on the popular Spanish soccer league, will launch in closed beta on October 27. Dapper Labs developed the Flow-based platform, which follows the format of…
Mythical Games CEO John Linden says his company has been accused of “not being Web3 enough.” Buckle up, degens—that’s about to change. Blockchain gaming studio Mythical Games—along with 22 partner companies and a…
Bitcoin’s correlation with gold has just hit its highest level in the last 12 months this week, as investors have been lured by a strong dollar amid rising interest rates. While Bitcoin has…
Promoting crypto online? You’re going to need a longer hashtag for that, says SEC Chairman Gary Gensler. Following the SEC’s charges against Kim Kardashian for promoting the EthereumMax (EMAX) token online, Gensler clarified…
Coinbase account holders with U.S. bank accounts found themselves unable to conduct transactions on Sunday morning. “We are currently unable to take payments or make withdrawals involving US bank accounts,” the company said…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Last week Maple Finance, a credit-facility-as-a-service platform, announced that it had spun up a new $300 million lending facility for troubled Bitcoin miners….
Crypto influencer Ian Balina has launched a GoFundMe page to pay for his legal defense against the U.S. Securities and Exchange Commission (SEC), which earlier this month filed a lawsuit against him for…
The crypto market may be in its tenth month of the downtrend, but for Michael Anderson, the co-founder of Framework Ventures, this time represents possibly the best opportunity to invest in new startups…
Coinbase will introduce NFT floor pricing feeds via its Cloud service, allowing developers to access real-time NFT prices to create new DeFi applications like NFT lending markets and NFT indexes. The feature was…
The International Monetary Fund (IMF) highlighted some potential issues surrounding a proof-of-stake (PoS) approach to blockchain infrastructure as part of a recent paper, making suggestions for a regulatory framework that could limit global…
Apple’s decision to let NFTs be bought and sold on App Store apps hasn’t received the kind of reception one might expect from Web3 proponents. That’s because the iPhone maker has decided to…
Illustration by Mitchell Preffer for Decrypt The price of Ethereum was reeling this week after predictions that the merge would be a “buy the rumor, sell the news” scenario largely played out. Over…