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2023-02-11 23:00:39 Polygon (MATIC) zkEVM solution, a Layer-2 scaling solution based on cryptographic zero-knowledge proofs (ZKPs) designed at increasing the speed and efficiency of Ethereum (ETH) transactions. This eagerly awaited scaling upgrade is expected to greatly enhance Ethereum’s (ETH) scalability potential, increase its developer friendliness, and breathe fresh life into the ZKP story.

Eduardo Antua, a core developer of Polygon (MATIC) zkEVM, has provided information regarding the platform’s stress testing on Twitter. According to Antua, the Polygon zkEVM prover mechanism can now validate 250-500 transactions of Ethereum-based ERC-20 tokens in approximately 2.5 minutes, significantly reducing transactional fees. In fact, Antua states that if the solution is implemented on a m6id.Metal instance, the transaction price will be $0.0001.

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2023-01-30 23:02:06 Montenegro’s Central Bank Is Working With Ripple To Develop A Digital Currency

News Sentiment: Positive

Montenegrin Prime Minister Dritan Abazovi declared on Twitter that his government is working with Ripple to develop a digital currency. At Davos, Abazovi met with Ripple CEO Brad Garlinghouse and vice president James Wallis.

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2023-01-30 22:06:24 Twitter Is Seeking To Get Governmental Permits To Add Payments To The Site

News Sentiment: Positive

Twitter is expanding its innovation by introducing payments into the site. According to the Financial Times, Twitter is seeking to get the governmental permits required to incorporate payments into the site, including potential crypto possibilities.

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2023-01-30 21:22:05 Andre Cronje Stated Fantom’s Plans To Migrate fUSD

News Sentiment: Positive

Andre Cronje, Director of the Fantom Foundation, stated Fantom’s plans to migrate its fUSD stablecoin to a more predictable and budget-friendly mechanism with the release of fUSD version 2. They did not provide a release date.

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2023-01-30 20:14:16 Mastercard & Binance Collaborated To Offer A Prepaid Crypto Card In Brazil

News Sentiment: Positive

Mastercard and Binance have collaborated to offer a prepaid cryptocurrency card in Brazil. The card will allow users to easily convert their cryptocurrencies into local cash or Brazilian real (BRL).

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2023-01-26 15:17:02 Aave Is Planning To Deploy AAVE v3 on Ethereum

News Sentiment: Positive

Aave DAO voted to activate AAVE v3 on the Ethereum blockchain. It is a significant moment for the decentralized finance (DeFi) community seeking to profit from v3’s emphasis on risk management and capital efficiency.

All participating AAVE token holders voted to activate Aave v3 on Ethereum. According to Aave’s Twitter account, v3 is the “biggest important improvement to the Aave Protocol” since it began in January 2017.

Aave v3 on Ethereum will be released with support for seven assets

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2023-01-25 22:47:53 dYdX Has Postponed Token Unlocking For Investors Until December 1, 2023

News Sentiment: Positive

dYdX has postponed token unlocking for investors until December 1 from February 3. Dydx was planning to distribute 150 million tokens ($282 million) to investors, community members, and the project's treasury next month, effectively doubling the existing supply — with additional tokens to be released in the coming months.

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2023-01-25 22:22:43 The Co-founders of Nifty Gateway Resign To Establish Another Business

Duncan Cock Foster and Griffin Cock Foster, co-founders of Nifty Gateway, announced their resignations on Twitter on January 25. They are leaving the crypto exchange to establish another business

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2023-01-24 23:58:20 A Contributor Has Provided A New Modification To Expands The Usage of XRP In XRPL Payment

News Sentiment: Positive

Contributor Denis Angell has provided a further modification with the code XLS-34d for deployment on the XRPL. According to the proposal in GitHub, it entails making fundamental adjustments to the ecosystem’s facilities to improve the capabilities of XRPL assets.

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2023-01-24 22:48:03 Index Coop Has Released A Diversified Staked ETH (dsETH) Index

Index Coop, an Ethereum-based structured product design firm, has released a Diversified Staked ETH (dsETH) index, a tokenized technique that supporters claim would give consumers a more sustainable and less hazardous income

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