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StarkWare verifies first zero-knowledge proof on Bitcoin

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Starkware, a prominent player in blockchain scalability solutions, has achieved a groundbreaking milestone by verifying the first-ever zero-knowledge proof (ZK-proof) on the Bitcoin network. This achievement marks a significant advancement in the integration of zero-knowledge technology with Bitcoin’s robust infrastructure.

The successful verification of ZK-proofs on Bitcoin underscores Starkware’s commitment to enhancing the scalability and privacy of blockchain transactions. Zero-knowledge proofs enable users to validate transactions without revealing sensitive information, thereby bolstering privacy and efficiency across decentralized networks.

Starkware’s CEO highlighted the milestone as a crucial step towards mainstream adoption of zero-knowledge technology within the Bitcoin ecosystem. This development not only enhances Bitcoin’s functionality but also paves the way for broader applications in financial privacy and decentralized finance (DeFi).

Industry experts anticipate that Starkware’s breakthrough will catalyze further innovations in blockchain scalability and privacy solutions, potentially shaping the future landscape of digital finance. As interest in decentralized technologies continues to grow, Starkware’s achievement represents a significant stride towards achieving a more secure and efficient blockchain ecosystem.

The verification of ZK-proofs on Bitcoin by Starkware marks a pivotal moment in the evolution of blockchain technology, highlighting the ongoing convergence of privacy-enhancing technologies with mainstream digital assets. This development positions Starkware at the forefront of blockchain innovation, poised to drive transformative changes in how transactions are conducted securely and privately on the Bitcoin network.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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