Polygon Labs’ vision of an interconnected layer-2 Ethereum ecosystem powered by zero-knowledge cryptography begins in earnest following three inaugural improvement proposals that will begin the transition to Polygon 2.0. The scaling technology firm unveiled Polygon 2.0 in June 2023, outlining plans for a scaling ecosystem made up of four protocol layers. The staking, interop, execution and
PUBG meets Cosmos Krafton, the company behind PlayerUnknown’s Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes. The South Korean gaming giant’s project was announced at the Korea Blockchain Week’s Circle
A record number of tourists came to New York State last year, pumping more than $78.6 billion of direct spending into the local economy. The 291.5 million tourists who visited the Empire State also generated roughly $123 billion in financial impact for the economy in 2022, according to reports issued by Tourism Economics on Wednesday.
Receive free European Central Bank updates We’ll send you a myFT Daily Digest email rounding up the latest European Central Bank news every morning. The European Central Bank has raised interest rates to an all-time high in a bid to cool consumer prices, despite faltering growth in the eurozone. The ECB’s knife-edge decision to lift
Receive free Private equity updates We’ll send you a myFT Daily Digest email rounding up the latest Private equity news every morning. Private equity and private debt executives are too laid back about the mounting risks in their industry, the chair of the top organisation representing securities regulators warned on Thursday, as it published new
Through an examination of Ethereum’s (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13. This recent upsurge represents the second-highest number of daily active addresses ever recorded in Ethereum’s history. The highest count was
In this article F AMC PENN FSLR ETSY CVX HPQ GM XOM Follow your favorite stocksCREATE FREE ACCOUNT An AMC Theatre on March 29, 2023 in New York City. AMC Entertainment shares jumped as much as 13%, following a report that Amazon was looking to buy the theater chain. Leonardo Munoz | Corbis News |
Receive free Technology updates We’ll send you a myFT Daily Digest email rounding up the latest Technology news every morning. Some drivers and employees may be startled to discover what lies buried deep within the 9,500-word privacy notice of Nissan North America listing all the personal data the car company might collect. The categories extend
The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade cryptocurrencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets. According to Taurus co-founder Lamine Brahimiaurus, the partnership underwent
In this article Follow your favorite stocksCREATE FREE ACCOUNT is a leading semiconductor intellectual-property supplier, designing chip technology that is used in high-tech gadgets, including most of the world’s mobile phones. The company then licenses that tech out to the industry’s major players and collects royalties. Roughly five chips in every smartphone are based on
A “For Rent” sign outside an apartment building in the East Village neighborhood of New York, US, on Tuesday, July 12, 2022. Gabby Jones | Bloomberg | Getty Images Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at record high, according to a new report. The median rent in
While moving to proof-of-stake (PoS) contributes to changing the narrative of blockchains being harmful to the environment, there are still many things that the Web3 ecosystem can do to tackle climate change, according to Marek Olszewski, CEO of Celo — an Ethereum layer-2 scaling solution. Cointelegraph editor Zhiyuan Sun spoke with Olszewski about the threat
Receive free UK inflation updates We’ll send you a myFT Daily Digest email rounding up the latest UK inflation news every morning. Rishi Sunak is confident he will achieve his primary ambition for the year. The Institute for Fiscal Studies is not so sure. In the US, Joe Biden already has. The matter in question
South Korean Bitcoin (BTC) lender Delio is reportedly preparing for an administrative lawsuit against regulators for the wrong interpretation of the law, leading to an investigation and a hefty fine against the crypto lending firm. Delio said the allegations of fraud and embezzlement levied by the Financial Service Committee (FSC) are baseless, according to a
Receive free FT Magazine updates We’ll send you a myFT Daily Digest email rounding up the latest FT Magazine news every morning. There’s a reason to be optimistic about Britain. The nation is completing a seven-year therapy treatment that worked. True, it’s been an expensive exercise in wrecking relationships. But at last, the UK knows
Prometheus Materials has a solution for replacing one of the biggest contributors of greenhouse gasses, financial backing from Microsoft and an aggressive plan to scale up quickly. By Amy Feldman, Forbes Staff We love concrete. We use it everywhere — skyscrapers, data centers, roofs, sidewalks, homes. The problem is, concrete doesn’t love us. Its key
A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a 0.008 BTC ($200) transaction is now reconsidering their decision to return the jackpot to its rightful owner. On Sept. 13, Paxos revealed to Cointelegraph that it overpaid the BTC network fee on Sept. 10,
Bitcoin (BTC) hit new September highs after the Sep. 14 daily close as markets digested macroeconomic and crypto industry news. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin market “feels different” Data from Cointelegraph Markets Pro and TradingView tracked overnight BTC price highs of $26,535 on Bitstamp. The largest cryptocurrency had shaken off higher-than-expected United States
Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. The euro edged higher against the dollar on Thursday as investors awaited an interest rate decision from the European Central Bank later in the day. Eurozone policymakers are set to decide on whether to keep
Receive free SoftBank Group Corp updates We’ll send you a myFT Daily Digest email rounding up the latest SoftBank Group Corp news every morning. Craig Coben is a former global head of equity capital markets at Bank of America and now a managing director at Seda Experts. Defying pessimists, party-poopers and sourpusses, SoftBank priced the
Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Sir Keir Starmer arrived in The Hague on Thursday vowing that a Labour government would work more closely with the EU in tackling clandestine migration, including striking a new “returns agreement” with the