Author: CryptoPress
A zero-knowledge proof is a method of authenticating a transaction without revealing any information about the transaction, providing privacy for the transaction while maintaining its legitimacy.
Zero-knowledge proofs were developed by MIT professor Shafi Goldwasser in 1987. They were used to construct an encryption scheme that allowed two parties to communicate over an insecure channel without revealing any information about their...
Christine Lagarde thinks crypto assets are worthless but her son invests in crypto
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Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless but has admitted that her son is a crypto-investor.
Speaking at an event, Lagarde said: “I am not a big fan of Bitcoin and other cryptocurrencies. I believe in the potential of blockchain technology and its ability to support financial inclusion and expand access to financial services for many people...
Bitcoin, Crypto adoption, Cryptocurrencies, Front page, Main, News
Tether Announces Reduction In Commercial Paper Reserves
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Tether’s commercial paper holdings have been reduced by 17% as the company seeks to improve the quality of its reserves.
In its Consolidated Reserves Report released Thursday, the company indicated that it had reduced its commercial paper holdings from USD $24.2 billion to USD $20 billion during the first quarter of 2021.
As of March 31, the end of the first quarter, Tether’s reserves were USD $82 billion of which 86% consisted of...
How Crypto Bear Markets Function
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If you’re new to the world of cryptocurrency, bear markets can be a scary thing.
Bear markets are traditionally thought of as a time when an asset trades below its prior high by 20% or more, usually accompanied by a lot of pessimism about the near-term future. People often think of bear markets as being an indication that the asset is doomed to fail, but this isn’t always the case. In fact, it’s possible for assets to...
NASDAQ Features Floki as One of the Best Metaverse Projects for 2022
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May 17th, 2022
Floki shocked the crypto world in 2021 with an aggressive, global marketing campaign that spanned continents and featured partnerships with major football clubs and Formula 1’s Alfa Romeo team. In under six months, Floki emerged from a rocky origin to become a top 70 crypto project by market cap at $3.5b, before correcting with the global downturn in equities and crypto.
The Floki Team and Vikings accomplished this...





