In Brief:
The CFTC has sued Binance CEO Changpeng Zhao and his crypto empire for allegedly violating US trading and derivatives laws.
The CFTC accuses Binance of having an “ineffective compliance program” and claims it “knowingly” broke the law.
Bitcoin plunged below $27,000 after the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its founder Changpeng Zhao over allegations that the exchange kn…
In Brief:
Polygon has released its Layer 2 blockchain built with zero-knowledge technology, becoming the second company in four days to make a so-called ‘zkEVM’ available to the general public.
The first Ethereum-compatible zk-rollups to hit the market will not preserve user privacy or obfuscate their transaction history.
ZkSync Era was released Friday in alpha, the software development stage before beta.
The race to launch the…
In Brief:
Arbitrum’s homepage briefly crashed as users rushed to claim their ARB tokens.
The majority of eligible wallet addresses are expected to receive 625 tokens.
The claiming process resulted in unexpected errors such as RPC limit “exceeded.”
Early claimants likely sold their holdings on the market as the price of ARB fell from a high of $8.67 to $1.4 in the first 30 minutes after claims began.
The Arbitrum airdrop of …
NFTs have become more accepted as a unique asset in the digital world. Starting from the first NFT project Cryptopunks in 2017, the NFT industry experienced a period of rapid growth and expansion in 2021. The infrastructure serving NFTs grew at a rapid pace and numerous NFT trading platforms and analytics tools launched the market, further promoting the concept and raising public attention.
As there are many types and quantities of N…
