Cryptography startup Fabric raises $33M for new data privacy chip
Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy. Go to Source
Cryptography
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Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work
This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring his deep insight into the development of digital cash systems. From RPOW to Bitcoin Hal Finney was … Read more
WhatsApp and Signal survive EU chat control bill — For now
EU legislators have dropped plans to scan messaging apps, but privacy advocates can’t celebrate just yet. Go to Source
Firm Behind Pudgy Penguin NFTs Acquires Frame to Build Abstractchain for Consumer Crypto
Igloo Inc., the team behind the Pudgy Penguins non-fungible tokens (NFTs) has announced the acquisition of Frame, aiming to enhance the consumer crypto experience by developing Abstractchain. This move is expected to address limitations in current layer two (L2) solutions and expand cultural and community-driven crypto adoption. Igloo Expands Crypto Infrastructure With Frame Acquisition Igloo … Read more
Polygon Labs acquires Toposware, pushing total ZK investment to $1B
The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology. Go to Source
Blockchain can help eliminate cybercrime threats
Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide. Go to Source
White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award
The paper, released in 2014, lays the foundations for blockchain privacy and scaling. Go to Source
Vitalik Buterin breaks down ‘Binius’ as a way to speed up zero-knowledge proofs
The Ethereum co-founder expects “many more improvements” in binary-field-based proving techniques in the months ahead. Go to Source
What is Moore’s law, and how does it impact cryptography?
Moore’s law predicts that the number of transistors on a microchip will double approximately every two years, significantly impacting cryptography. Go to Source
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range. Bitcoin Difficulty Jumps 2.23% Higher … Read more
