Zcash is developing new technology to increase its shielded transaction capacity from 3-20 TPS to up to 50,000 TPS, comparable to Visa's network. This effort involves Project Tachyon and the NU7 upgrade, which have already shown promising testnet results like tripled block speed and doubled transaction throughput. However, a critical security vulnerability discovered in June caused a 48% price drop, raising concerns about user confidence. The project's success depends on maintaining security while scaling, with the shielded pool now representing 30% of total supply—a key indicator of adoption.
Polygon has launched AggLayer, a new system that enables separate blockchain chains to share liquidity and state directly without using traditional bridges. This architecture uses a unified proof mechanism to maintain each chain's sovereignty while a...
Bitcoin fell 1.2% below $63,000 and ether dropped 1.74% as a broad risk-off sentiment hit markets, driven by a selloff in semiconductor stocks and renewed tensions in the Middle East. This caused a rotation into safer assets like gold, which rose abo...
Cronos (CRO) surged 7.43% to $0.0597, leading gains among altcoins due to strategic partnerships and ecosystem growth. Other notable gainers included Beldex, Stable, Mantle, and Polkadot, each rising between 2% and 6%. Conversely, Lighter fell 10.43%...
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
