First AMM Layer2 DEX ZKSwap Announces Testnet Incentive Program with 1 Million ZKS Tokens Rewards

PRESS RELEASE. ZKSwap developed by L2Lab is the first layer2 dex based on ZK-Rollups technology and using the AMM model. The team has recently closed a $1.7 million Angel Round led by Bixin, followed by Longling Capital, SNZ Holding, FBG Capital, Jubi, and Consensus Lab. After launching on the Ethereum Ropsten test network on November … Read more

65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey

At least 65% of people who use the Paypal app to trade bitcoin are prepared to start using the top cryptocurrency to pay for goods and services at the 28 million stores supported by the payments company throughout the world. According to a proprietary survey of 380 Paypal users by Mizuho Securities, 17% of the … Read more

Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain

Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the recent surging Bitcoin prices across the board. China’s Government to Focus on Blockchain Both Sina and Xinhuanet have stated that the recent rally in BTC prices has no clear explanation. … Read more