LoopRing’s zkRollup Continues to Demonstrate Tremendous Potential

TheMerkle OmiseGo 1 Million Transaction ThroughputThere are always some developments in the cryptocurrency space worth paying attention to. LoopRing’s implementation of zkRollup for DEXes is certainly paying off. It is a very interesting way of scaling transactions on Ethereum. zkRollup is a Powerful Tool The main benefit of zkRollup is how transactions can be bunched together, instead of being handled individually. Several DEXes could benefit from implementing this technology in the future. WeDEX is one of the exchanges utilizing this technology so far. With nearly 400,000 trades completed at a cost or 9.2 ETH for gas, the improvement is quite palpable. This results in a

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Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria

Wifi Sharing Platform Wicrypt Gets Government Grant in NigeriaA crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now […]

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Alleged $8B BTC Tulip Trust Expires With Tales of Bonded Couriers

Alleged Tulip Trust Worth $8B in BTC Expires With Tales of Bonded CouriersFive years ago, the crypto community became aware of an alleged contract called the Tulip Trust. The supposed contract emerged when a few tech-based news outlets published stories on two former business partners Craig Wright and David Kleiman. According to the Tulip Trust contract story, Wright and Kleiman were ostensibly part of the group that […]

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