Merlin Chain, a well-known Bitcoin-anchored L2 network for smart-contract capability, has announced a robust mainnet upgrade. The purpose of this exclusive mainnet upgrade is to improve Merlin Chain’s ZK verification. As Merlin Chain revealed in its official X post, the development will target the advancement of Zero-Knowledge (ZK) verification structure, validator nodes, and sequencer nodes.
DePHY, a decentralized off-chain network that enables efficient functioning of DePIN networks, announced a strategic collaboration with Phala Network, a decentralized cloud platform offering secure, scalable, and privacy-preserving computational services. This partnership enabled the integration of DePHY’s decentralized infrastructure (which serves as a bridge between DePIN and AI networks) into Phala Network’s decentralized cloud computing
New on-chain data from CryptoQuant shows that there’s an increase in the supply of Bitcoin for sale on the market; however, demand from buyers is shrinking, a potentially bearish sign for the world’s largest cryptocurrency. Julio Moreno, head of research at CryptoQuant, said in a post on X that long-term holders (LTHs), investors who hold
A prominent economist is pushing for a major change in how cryptocurrency markets operate, arguing they need rules similar to those of the New York Stock Exchange (NYSE) to stop extreme drops in the values of digital assets. In a November 6 post on X, Alex Krüger said the absence of regulated market makers has
Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of
Bitcoin price reached $103,500 today after a week of tumultuous trading. Bitcoin started the day down close to $100,000 but rebounded throughout market trading to highs of $103,859 today. Earlier this week, Bitcoin plunged below $100,000 for the first time since June on November 4. The slump came amid macro pressures, political headlines, and fading
If there’s one thing that blockchain has gotten better at over the years, it’s speed. Scalability is a major priority for just about every blockchain network today and significant progress has been made, resulting in dramatic increases in throughput. One of the best examples of this is Ethereum, which was once painfully slow at just
Pieverse, the Web3 payment infrastructure platform, has demonstrated that it will increase its x402b payment protocol onto the Arbitrum network in a considerable amount. This strategic deposit transition makes the transactions on Ethereum, which are audit-ready and gas-free, become the largest Layer-2 scaling platform. It is a continuation of the recent Pieverse $10M round of
Bitcoin (BTC) is demonstrating signs of healthy consolidation on Binance, with key liquidity metrics reaching multi-month highs. According to analysts, this activity means the market is building strength for its next major move, even though short-term price action is still volatile. Market Mechanics Signal Accumulation As noted in a report by Arab Chain, Binance’s recent
Reload Airdrop campaign by BNB Chain and Four Meme has been able to reach yet another milestone with the fourth round of distribution completed. Information provided by on-chain analytic system Lookonchain proves that 6,717 BNB amounting to around 6.4 million was airdropped to 31,425 wallets in the most recent round with the support of BNB