Telos Partners with Ponos Technology to Develop Hardware-Accelerated Ethereum L2 zkEVM Network

Dubai, United Arab Emirates, April 19th, 2024, Chainwire The Telos Foundation today announced that it will work with Ponos Technology, the leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. The teams will take a hardware-software co-design…

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Ripple’s Future Brightens: Stablecoin Legislation Raises Hope

Senators Lummis and Gillibrand introduced the Payment Stablecoin Act to regulate stablecoins, ensuring they’re backed by assets and preventing illicit use. Ripple plans to launch its stablecoin, backed by US dollar reserves, pending the progress of the new legislation. United States Senators Kirsten Gillibrand and Cynthia Lummis unveiled the Lummis-Gillibrand Payment Stablecoin Act on April…

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