Category: Ethereum

23
Aug
2024
Posted in Ethereum

With Startale Labs, Sony Group teases the debut of the Ethereum Layer-2 blockchain

With an emphasis on scalability and user-friendliness, the joint blockchain venture between global conglomerate Sony Group and Startale has announced the construction of Soneium, its first Ethereum Layer-2 blockchain, with…

21
Aug
2024
Posted in Ethereum

Ethereum dapp Status and Linea work together on the Layer 2 network

A Layer 2 rollup solution is being introduced by Status, a decentralized messaging network powered by Ethereum, in collaboration with Linea, backed by Consensys. In order to fund its native…

21
Aug
2024
Posted in Ethereum

To address Ethereum’s MEV issue, Sorella Labs has raised $7.5 million in a seed round led by Paradigm

In a seed fundraising round, Sorella Labs, a cryptocurrency firm creating tools to address Ethereum’s maximal extractable value (MEV) problem, raised $7.5 million. According to Sorella Labs on Tuesday, Paradigm…

20
Aug
2024
Posted in Ethereum

The supply of Ethereum is significantly increasing due to declining gas fees: Kaiko Report

Because of the increase in layer 2 operations and the March deployment of the Dencun update, Ethereum has reportedly reached its five-year minimum fee. Ethereum Supply is Affected by Gas…

19
Aug
2024
Posted in Ethereum

BSMNT, an Ethereum gaming arcade, launches on B3.Fun’s base network

The web-based cryptocurrency arcade BSMNT, also known as Basement, made its debut on Thursday in conjunction with the B3 gaming network launch.enjoyable—both are based on the Ethereum layer-2 network Base…

19
Aug
2024
Posted in Ethereum

Vitalik Buterin of Ethereum Registers “Dacc.eth” Amid Call for Conscientious AI Development

Today, months after writing a blog post introducing the concept of defensive accelerationism, Ethereum co-founder Vitalik Buterin registered the dacc.eth domain name. There has been conjecture over Vitalik’s intentions regarding…

16
Aug
2024
Posted in Ethereum

Ethereum Inventor Vitalik Buterin Gives $500,000 to Charity with “Animal Coins”

Once more, Vitalik Buterin has made excellent use of the trillions of cryptocurrency tokens that people regularly send him—this time, by using them to save needy animals. The co-founder of…

16
Aug
2024
Posted in Ethereum

Defiance Introduces Leveraged ETF to Boost Profits from MicroStrategies

Recently, a new exchange-traded fund (ETF) was introduced to the market, offering investors the opportunity to optimize profits on growing MicroStrategy stock. The Miami-based company Defiance ETFs introduced the MSTX…

16
Aug
2024
Posted in Ethereum

On the Ethereum mainnet, NEBRA’s zero-knowledge proof aggregator launches

In an effort to reduce the cost of blockchain verification, the blockchain research group NEBRA is introducing a method called Universal Proof Aggregation, which combines several discrete zero-knowledge proofs into…

15
Aug
2024
Posted in Ethereum

Blockchain Technology is About to Revolutionize with a Major Ethereum Upgrade

With the upcoming Pectra upgrade, which combines the Prague and Electra improvements, the Ethereum ecosystem is about to undergo a dramatic change. This update, which is slated to be released…

15
Aug
2024
Posted in Ethereum

EigenLayer is adding ERC-20 tokens as restakable assets and testing permissionless token support

EigenLayer, an Ethereum restaking project, is expanding the protocol’s support for permissionless tokens. According to Eigen Labs, in a post to X, this feature will allow any ERC-20 token to…

14
Aug
2024
Posted in Ethereum

The Arbitrum Community Will Soon Use ARB Staking

To provide the ARB token more usefulness and boost its onchain usage, the Arbitrum community is voting to start staking. After receiving permission, Arbitrum would produce a liquid staking token…

14
Aug
2024
Posted in Ethereum

Centered on intent Series A investment of $11 million is raised by Ethereum L2 Essential

In a Series A financing round headed by Archetype, Essential, an intent-centric Ethereum Layer 2 blockchain developer, raised $11 million. The Spartan Group, IOSG Ventures, Amber Group, Maven 11, and…

12
Aug
2024
Posted in Ethereum

For the First Time in Years, the Average Gas Prices for Ethereum Drop Below 1 Gwei

Because more transactions are being made on the layer-2 networks of the network, Ethereum gas fees have fallen to their lowest point in some years. Users may now transact on-chain…

07
Aug
2024
Posted in Ethereum

The growth of Ethereum Layer 2 is raising concerns about liquidity dispersion, according to an analyst

According to multiple observers, the spread of Layer 2 solutions on Ethereum ETH +1.13% is fracturing liquidity throughout the network. The Ethereum network’s array of Layer 2 solutions, which includes…

07
Aug
2024
Posted in Ethereum

Staking of Ethereum reaches 27.95% as liquid restaking techniques develop exponentially

At 27.95%, the percentage of the ETH +1.13% supply that was staked achieved a record high. This follows a small decline two weeks prior, on July 21, when it fell…

07
Aug
2024
Posted in Ethereum

According to Ethereum Layer 2 Turbo, 400,000 transactions can be processed in a second

Ethereum scaling solution: ETH + 1.04% At the Blockchain Application Stanford Summit on Tuesday, the team behind Turbo Protocol revealed the creation of a new blockchain that is purportedly able…

06
Aug
2024
Posted in Ethereum

Experts predict that the eight-month low in Ethereum pricing may take more time to rebound

A fall in all markets was brought on by Jump Trading’s ETH transfers, growing geopolitical tensions, and worries about the state of the global economy. On August 5, Ether ETH…

06
Aug
2024
Posted in Ethereum

Ethereum transaction volume surges in Layer 2 solutions, reaching a five-month low

Activity on Ethereum ETH +7.13% has been lulling. The seven-day moving average of the network’s transaction count settled at 1.12 million per day, a level not seen since February, marking…

05
Aug
2024
Posted in Ethereum

Ethereum Is Prepared To Support “Tens Of Millions” Of On-Chain Users, According To Vitalik

Vitalik Buterin, co-founder and chief scientist of Ethereum, thinks developers should focus on striking a balance between the needs of seasoned dApp users and web3 novices. The founder of Base,…