🚀 Aevo To Delist ZERO Perpetual Contracts On October 23

According to Foresight News, derivatives trading platform Aevo has announced that it will delist ZERO perpetual contracts on October 23 at 16:00 (UTC+8). All user positions will be settled using a 5-minute index price TWAP. Trading will be permanently suspended 30 minutes prior to the delisting.

#Aevo #ZERO #PerpetualContracts #Delist #Derivatives #Trading #ForesightNews

🚀 Ethereum Foundation Invests Millions In zkVM Development

According to Odaily, Ethereum Foundation researcher Justin Drake recently announced on the X platform that the Ethereum Foundation is investing tens of millions of dollars into zkVM technology. This investment includes projects such as zkRISC-V formal verification, Poseidon cryptanalysis, and the upcoming zkVMs by L2beat.

The Ethereum Foundation's commitment to zkVM technology highlights its strategic focus on enhancing the Ethereum ecosystem's scalability and security. zkVMs, or zero-knowledge virtual machines, are expected to play a crucial role in improving transaction efficiency and privacy on the Ethereum network. By supporting initiatives like zkRISC-V formal verification, the foundation aims to ensure the reliability and correctness of these virtual machines, which are essential for executing smart contracts securely.

Additionally, the investment in Poseidon cryptanalysis underscores the foundation's dedication to advancing cryptographic techniques that underpin zkVMs. Poseidon is a cryptographic hash function designed to optimize zero-knowledge proofs, which are integral to zkVM operations. By funding research and development in this area, the Ethereum Foundation seeks to bolster the cryptographic infrastructure necessary for zkVMs to function effectively.

The upcoming zkVMs by L2beat represent another significant aspect of this investment. L2beat is known for its work in layer 2 solutions, which aim to enhance Ethereum's scalability by processing transactions off-chain while maintaining the security of the main Ethereum blockchain. The integration of zkVMs into layer 2 solutions is expected to further improve transaction throughput and reduce costs, making Ethereum more accessible and efficient for users worldwide.

#Ethereum #zkVM #EthereumFoundation #scalability #security #cryptography #L2beat #smartcontracts #Poseidon #zkRISC-V #zero-knowledge #ETH

🚀 Concerns Over False Bitcoin Locking Practices In BTCFi Ecosystem

According to Foresight News, Yu Feng, the founder of Nubit, has raised concerns about certain practices within the BTCFi ecosystem. He highlighted that many protocols are using offline pre-signed transactions to create a misleading appearance of locked Bitcoin. This method does not actually secure Bitcoin on the mainnet but instead gives a false impression of being locked. Users can submit multiple pre-signed transactions with the same UTXO, allowing various protocols to count it as Total Value Locked (TVL), even though the Bitcoin is not genuinely secured anywhere. This practice results in inflated TVL figures and significant trust issues.

Yu Feng proposed two solutions to address these concerns. The first is to ensure transactions are genuinely recorded on the blockchain by locking funds through Bitcoin script addresses. The second solution involves using zero-knowledge proof designs to make the locking process both transparent and secure, thereby avoiding the risk of double-spending.

#Bitcoin #BTCFi #Nubit #TotalValueLocked #blockchain #cryptocurrency #trustissues #zero-knowledgeproof

🚀 Vitalik Buterin Encourages Participation In Poseidon Cryptanalysis Program

According to PANews, Ethereum co-founder Vitalik Buterin has urged researchers to engage in the Poseidon cryptanalysis program. He revealed that the Ethereum team is seriously considering transitioning Ethereum to the Poseidon hash algorithm to enhance the efficiency of zero-knowledge proofs (zk-prover).

#VitalikButerin #Ethereum #Poseidon #cryptanalysis #zero-knowledgeproofs #zk-prover

🚀 LayerZero Unveils New Blockchain 'Zero' in Deleted Video

LayerZero has announced the launch of its own blockchain, named 'Zero,' according to a video that was later removed from YouTube. According to BWEnews, the announcement was initially made through a video on the platform, which has since been taken down. The new blockchain aims to enhance LayerZero's capabilities in the decentralized technology space. Further details about the features and potential applications of 'Zero' have not been disclosed. The removal of the video has sparked curiosity and speculation within the cryptocurrency community about the project's future developments.

#LayerZero #Blockchain #Zero #Cryptocurrency #DecentralizedTechnology #ZRO

🚀 Solana Foundation Proposes Privacy Framework for Enterprise Blockchain Use

The Solana Foundation has released a report detailing a four-mode privacy framework designed for enterprise blockchain applications on the Solana network. According to NS3.AI, the report emphasizes the necessity for organizations to have detailed control over data visibility. It suggests that tools like auditor keys and zero-knowledge proofs can help balance privacy requirements with compliance needs. The framework aims to provide enterprises with the ability to manage data access and privacy effectively while adhering to regulatory standards.

#Solana #blockchain #privacy #enterprise #dataaccess #zero-knowledgeproofs #compliance #auditorkeys #regulation #SOL