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The Astar Network, a smart contract platform for multi-chain, announced the launch of its zero-knowledge (ZK) Ethereum layer-2 solution, zKatana, to enhance interoperability with Ethereum-compatible chains. The zKatana testnet zKatana refers to the project’s Japanese roots, which depict a served blade used by feudal samurais in combat. The project is a zero-knowledge EVM (zkEVM) scaling solution on Ethereum (ETH) designed to increase interoperability between Astar and EVM-compatible chains. The layer-2 zkEVM solution is an addition to the tech stack of the Astar Network, comprising a variety of tools and products that offer companies and developers the best technology stacks needed to build their projects.  You might also like: JR Kyushu Railway Company launches NFTs on Astar Network to boost customer engagement zKatana would allow developers to test their innovative ideas while allowing Astar to test and confirm their theories on the network’s functionality an...

Binance Futures is set to introduce USDⓈ-M POLYX and GAS perpetual contract s on Oct. 25, providing traders with up to 50x leverage, a development that warrants a careful Analysis of its potential benefits and inherent risks. Today, Binance Futures is poised to release USDⓈ-M POLYX and GAS Perpetual Contracts, providing an option for up to 50x leverage. While this introduces additional tools for traders, it also provides potential risks and implications of these financial instruments. Perpetual contracts, differing from standard futures contracts, do not have an expiry date, allowing positions to be held indefinitely. This could potentially lead to prolonged exposure to market volatility. The settlement for these contract s will be conducted in USDT, with POLYX and GAS featuring tick sizes of 0.0001 and 0.001 respectively. While this precision allows for granular trading strategies, the 24-hour per day, 7 days per week availability of these contract s necessitates constant market ...