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Top tech news stories: March 25, 2024

Polygon zkEVM down due to issues with blockchain sequencer, BRICS announces new blockchain-based crypto payment system and other news.

AuthorChloe chen

Reading Time4 min

PublishedMarch 25, 2024

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Headline

Polygon zkEVM down due to issues with blockchain sequencer, BRICS announces new blockchain-based crypto payment system and other news.

Context

Embark on a captivating journey at the forefront of technological advancements and explore the latest innovations shaping our world today. Ethereum layer-2 scaling solution Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer. ( Cointelegraph )

Evidence

Pending intelligence enrichment.

Analysis

The new BRICS payment system will position itself as an alternative option to the US dollar. JUST IN: BRICS announces the creation of an independent payment system based on cryptocurrency and blockchain. The payment system aims to be friendly to governments, businesses, and even common citizens. ( Watcher.Guru ) Ripple, the provider of enterprise blockchain and cryptocurrency services, has held its inaugural Australia policy summit in Sydney. The closed-door event, which took place on 20 March 2024, focussed on the regulatory frameworks surrounding blockchain and digital assets. ( ITBrief ) Fintech Association of Sri Lanka (FASL) and Indonesia Fintech Association (AFTECH) signed an MoU during the BankTech Asia 2024 on 20 March at Mövenpick Hotel Colombo. ( FT.LK ) “Many of our largest clients are active or exploring getting active in the space.” Goldman, which launched its crypto trading desk in 2021, currently provides cash-settled Bitcoin option and Ether option trading, in addition to CME-listed Bitcoin and Ether futures. It does not trade the underlying crypto tokens. ( Bloomberg )