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Zama Acquires Buterin-Backed ZK Firm Kakarot to Boost Privacy

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The post Zama Acquires Buterin-Backed ZK Firm Kakarot to Boost Privacy appeared com. Key Notes Zama has inked a strategic partnership with KKRT to accelerate scalability efforts across the Zama Protocol. KKRT Labs will bring its deep expertise in designing high-performance proving architectures and modular rollup systems to the deal. Vitalik Buterin has been speaking about agentic models, citing that they threaten human systems. Zama, the cryptography company behind the Zama Confidential Blockchain Protocol, has officially announced its acquisition of Kakarot or KKRT Labs. Together, these firms plan to accelerate scalability efforts across the Zama Protocol, aiming to achieve more than 10, 000 confidential transactions per second (TPS) on some public blockchains. Utilizing KKRT Labs’ Deep Expertise For Zama Zama and KKRT Labs have partnered to accelerate scalability efforts across the Zama Protocol. The duo is targeting 10, 000+ confidential transactions per second on public chains such as Ethereum, Solana, and others. The acquisition is crucial to strengthening Zama’s technical depth in blockchain scalability and validity (ZK) rollups. On one end, it would accelerate the protocol’s ability to provide high-performance confidentiality to all public blockchains. For context, KKRT Labs is a pioneering research and development firm focused on scaling blockchains using ZK Proofs. It boasts expertise in designing high-performance proof-of-concept architectures and modular rollup systems, particularly for Ethereum-equivalent environments. It is backed by some of the big shots in the digital asset space, including Vitalik Buterin, Starkware, Lambda Class, and Stake Capital. Over time, it has gained recognition as one of the strongest ZK-rollup teams in the ecosystem. Ultimately, its goal is to build the most scalable and efficient proof-of-stake engine for Ethereum-compatible chains. Therefore, its alliance with Zama will go a long way toward bringing the latter’s vision to fruition. Other perks that are likely to follow the partnership are confidential stablecoin payments, confidential DeFi, or confidential on-chain asset management. Agentic AI and Its.

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XRP at $2.40 – Which way will XRP’s price go next?

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The post XRP at $2. 40 Which way will XRP’s price go next? appeared com. Key Takeaways What was the significance of the $2. 7 area on the price chart? Analysis showed that it has been a key support since August. The build-up of short liquidation levels meant it could be retested before the next bearish move. What would convince swing traders to lean bullishly? If the $2. 8 area is reclaimed as a demand zone, it would show traders that buyers were strong enough to attempt a recovery past $3. Ripple [XRP] was trading at the $2. 42 mark at the time of writing, and signaled bearish momentum in the short-term. Sellers had the upper hand for now and could force a price move toward the psychological $2 support. Technical analysis shows XRP could see a 22% price drop The swing points on the weekly timeframe were marked in green, at $0. 486 and $3. 4. The rally from $1. 61 to $3. 66 that began in April meant that the weekly structure was bullish, making it the long-term outlook for XRP. A move below $1. 6 would be needed to shift the swing structure bearishly. The internal structure’s local high and low are marked in orange at $3. 1 and $2. 7. The swing structure was bullish, due to the rally from $1. 9 to $3. 66 in June and July. However, the bias for now is bearish. This is because XRP bulls had defended the $2. 7-$2. 8 demand zone from bearish retests since July, but the recent selling pressure forced the price to break down beneath this support. This breakdown left behind a large imbalance, highlighted by the white box. This zone, from $2. 5-$2. 77, represented a sturdy obstacle for the buyers. The Moving Averages were bearish, as was the Awesome Oscillator. However, the CMF has climbed to +0. 05, at press time, a sign.