Polygon Launches New Decentralized ZK-Proof Product

Monday March 6, 2023

Sign Up

Your Weekly Update On All Things Crypto

In Partnership With:

TL;DR

New Decentralized Product Which Uses ZK Proofs Gets Launched By Polygon
Tether Reportedly Falsified Documents To Deceive Cautious Banks
Mastercard And Visa Get Cold Feet As Both Companies Pause Crypto Push
Coinbase Announces BUSD Trade Will Be Suspended On March 13th, 2023
Bit coin (-4.8%) Drops Below $22,500 Support
Ethereum (-4.3%) Fails to Break $1,700, Supported By 200 & 50-Day EMA

MACRO NEWS

New Decentralized Product Which Uses ZK Proofs Gets Launched By Polygon...

Polygon, an Ethereum Layer-2 scaling protocol, has finally released a Zero Knowledge (ZK) decentralized identity solution to the public almost a year after first announcing its development. Put simply, the Polygon ID service employs ZK proofs, which utilize cryptographic techniques to enable users to verify their identity online without their sensitive information being passed on to or potentially stored with any third party.

Tether Reportedly Falsified Documents To Deceive Cautious Banks...

According to the Wall Street Journal, Tether reportedly falsified documents which were provided to its banking partners. The Department of Justice (DoJ) is also apparently investigating the stablecoin company for bank fraud.

Mastercard And Visa Get Cold Feet As Both Companies Pause Crypto Push...

People familiar with the matter said that U.S. payment giants Visa and Mastercard are putting a halt to plans to form new partnerships with crypto firms following a string of high-profile failures last year.

Coinbase Announces BUSD Trade Will Be Suspended On March 13th, 2023...

The move comes after the US Securities and Exchange Commission announced earlier this month that it was looking into the stablecoin as a possible unregistered security.

INDUSTRY EVENTS

Bitcoin Energy Summit

March 26 - 27/2023

Visit Website

TECHNICAL ANALYSIS

Bitcoin (-4.8%) Drops Below $22,500 Support

View Chart

Ethereum (-4.3%) Fails to Break $1,700, Supported By 200 & 50-Day EMA

View Chart

CONTENT OF THE WEEK

Dogecoin Developer Explains Moving DOGE to Staking PoS

Watch Now

Bitcoin, Ethereum, & Solana News Is Getting Crazy!

Watch Now

Well, HERE WE GO AGAIN...

Watch Now

Subscribe to the CryptoWeekly YouTube Channel

Subscribe

Follow CryptoWeekly on LinkedIn

Subscribe

Want to Sponsor the Newsletter?

Email Us

We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.

Unsubscribe you

Update Profile |

Sent by mike@cryptoweekly.co

Try email marketing for free today!

Polygon Launches New Decentralized ZK-Proof Product

Older messages

Tether Reportedly Falsified Documents to Deceive Banks...?

BlackRock Launching a Metaverse ETF... Bullish?

Coinbase L2 Announces Gives Markets a Jolt

China's Cross-Board Digital Yuan Plan Underway

Shibarium Beta To Be Launched Soon, According To Lead Developer

You Might Also Like

Bitcoin’s sudden dip under $95k incurs $180 million in trader losses, stalls $100k momentum

📈 BTC and ETH futures open interest on exchanges hit record-highs; Crypto.com acquired financial exchange and bro…

President Trump To Privately Meet With Coinbase CEO

Mingdao: Transforming Illusions into Reality - Discussing MicroStrategy's Grand Strategy

Finish signing in to Crypto.com DeFi Research

Polymarket: A revolution in prediction markets

Asia's weekly TOP10 crypto news (Nov 18 to Nov 24）

A Distinctive Black Flag Brand | Black Flag DAO Weekly Rollup

Blockchain Association urges Trump to tackle crypto reform in first 100 days

Weekly Project Updates: SOL Reaches New All-Time High, Magic Eden to Hold TGE on December 10, 10 Trillion BONK Tok…