Ethereum 

ETH Privacy Startup Aztec ‘Ignites’ Its SNARKs Generation Ceremony

Ethereum (ETH) privacy startup Aztec announced the launch of its zero-knowledge succinct non-Interactive argument of knowledge (SNARKs) generation via a cryptographic ceremony called Ignition. In a press release shared with Cointelegraph on Sept. 15 the startup also announced the closing of its latest round of investment with participation from A.Capital, Coinbase and Libertus Capital. A cryptographic ceremony Per the release, the multi-party computation ceremony is meant “to generate a set of encrypted points which will be used to derive all future Aztec notes.” The process will build an open source…

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Ethereum 

Blockchain Startup CasperLabs Raises $14.5M for Scaling Development

Blockchain company CasperLabs announced it has raised $14.5 million in a series A funding round led by Terren Piezer, an International financier and chairman of Los Angeles-based investment company, Acuitas Group Holdings. Investment to further develop products and hire additional engineers In a press release shared with Cointelegraph on Sept. 10, the Blockchain protocol research and development company CasperLabs announced the results of the series A funding round led by Terry Piezer, also known as the “Zelig of Wall Street,” through his personal holding company, Acuitas Group Holdings. Other major…

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Bitcoin 

Blockchain Startup BitFury Launches Artificial Intelligence Unit

Blockchain startup BitFury launched an artificial intelligence (AI) unit, Reuters reports on Aug. 13. “Data is the new oil” Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company’s dive into AI is motivated by the need to analyze and extract information from great quantities of data. He reportedly noted that data is becoming the new oil and stated: “We have collected so much data, but only 2% of all this data has been analyzed; 98% is sitting idle and waiting to be analyzed.” Vavilov also reportedly…

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