Crypto YouTuber Lark Davis points for a large kit events were unfolding in cryptocurrency spaceAnd how big Banks get in space.
Among these additional developments is MicroStrategy bitcoin purchaserelease of the first zero- Proof of Ethereum knowledge virtual machinesMetamsk new sign-in featureand Nasdaq’s plan to offer cryptocurrency custody services.
MicroStrategy, a leading The cryptocurrency intelligence firm has acquired an additional $150 million worth of bitcoinand thus total Collectibles to $138,955. The company recently paid off A $161 million loan from Silvergate Capital raised $339.4 million year through its sales programwhich was subsequently invested in bitcoin.
Repayment of the loan allowed 34,619 bitcoins to be returned to MicroStrategy.
Ethereum network scales, Polygon and ZK SYNC launch a file first zero- Proof of Ethereum knowledge virtual machines (ZK EVMs) in An effort to enable faster, cheaper and decentralized transactions on Ethereum mainnet. Polygon co-founder calls ZK Guides the “Holy Grail” of Ethereum network scaling.
MetaMask, a popular cryptocurrency wallet, owns added a “sign-in with Ethereum featureallowing users to authenticate web services with their wallets in a more Believe way using web 3 technology. developed in partnership with The spruce, that feature Allows users review website names session Details and security measures.
Nasdaq plans to launch cryptocurrency custody services by the end of June, initially shown bitcoin and storing Ethereum. this move Follows similar initiatives by companies like Fidelity and BlackRock. However, some speculate that this could be a fragment of A broader effort to control cryptocurrencies of major banks and financial players.
Fidelity is launched bitcoin and ethereum trading for retail traders, while all crypto banks were shut downforcing crypto companies to bank with JPMorgan. Critics argue that this is a power Takeover by Wall Street’s biggest players—such as JP Morgan, Goldman Sachs, BlackRock, Fidelity, and Nasdaq—on account of crypto industry.
Further, subtraction of middle bank digital Some view coins as miserable, eg various Individuals and organizations are likely to make or lose large sums of money of money according on Results of Ongoing legal issues in United State
