Tag: Ethereum
Polymer Labs Secures $23M to Pioneer IBC Integration with Ethereum
Polymer Labs, a leading player in blockchain interoperability, has successfully raised $23 million in a Series A funding round co-led by Blockchain Capital, Maven 11, and Distributed Global. Prominent investors,…
Kiln Secures $17 Million for Global Expansion, Sets Sights on Asia-Pacific Growth
Ethereum staking platform Kiln has successfully concluded a $17 million funding round, signaling a pivotal moment in the company’s trajectory. Led by 1kx and featuring significant contributions from IOSG, Crypto.com,…
Ethereum’s Vitalik Buterin Sparks Debate on Classification of Layer 2 Scaling Solutions
In a recent exchange on Twitter, Ethereum co-founder Vitalik Buterin initiated a discourse on the classification of Layer 2 (L2) scaling solutions within the Ethereum ecosystem. Notably, Buterin argued against…
Ethereum Successfully Concludes Dencun Network Upgrade on Goerli Testnet
Ethereum achieved a milestone as it implemented the Dencun network upgrade on the Goerli testnet. The move follows the Shapella upgrade, also known as the Shanghai upgrade, conducted in 2023….
Vitalik Buterin Urges Conservative Gas Limit Boost for Ethereum Network
Renowned Ethereum co-founder, Vitalik Buterin, has advocated for a measured increase in the gas limit of the Ethereum network, aiming to enhance its potential throughput. Speaking during a Reddit ask-me-anything…
Etherscan Acquires Solscan to Boost Services and Expand Ecosystems
Etherscan, a well-known Ethereum blockchain explorer, has purchased Solscan, a top block explorer in the flourishing Solana ecosystem, in a major event in the cryptocurrency field. With its recent climb…
Vitalik Buterin Raises Concerns Over Web3’s Departure from Decentralization Amid Soaring Transaction Fees
In a recent blog post titled “Make Ethereum Cypherpunk Again,” Ethereum co-founder Vitalik Buterin delves into the evolving trajectory of Web3, expressing apprehensions about its gradual divergence from the original…
Arkham Intelligence Reveals Donald Trump-Linked Crypto Portfolio Sells $2.4 Million in Ether
In recent blockchain data analysis, Arkham Intelligence reports that a crypto portfolio believed to be associated with former President Donald Trump has divested approximately $2.4 million worth of ether. The…
Vitalik Buterin Advocates Streamlined Ethereum Proof of Stake Architecture
Ethereum co-founder, Vitalik Buterin has introduced three alternative approaches aimed at simplifying the proof of stake (PoS) design within the Ethereum blockchain. The proposals, outlined in Buterin’s recent blog post,…
UBS Asset Management rolls out tokenized money market fund on Ethereum
Leading fund house UBS Asset Management rolled out a live pilot of its tokenized money market fund on Ethereum. With the move, UBS Asset Management would be able to test…
OP Labs Launches a Testnet Fault Proof System for a more Decentralized Ecosystem
In a significant development for the blockchain community, the developer of the Optimism Network, OP Labs announced the launch of the testnet version of its fault-proof system via a blog…
Pessimism: A new security monitoring system rolled out by Base
Base, a Layer 2 network designed by Coinbase, has rolled out a new monitoring system called Pessimism which can help in enhancing security systems across blockchains powered by Optimism. The…
Bears prevail as Ethereum Price fails to cross crucial resistance level. ETH appears to be more negatively impacted than other major cryptos.
The delay in the launch of the Holesky testnet has continued to have an impact on Ethereum’s price, which has fallen 1% in the last hour and 2% over the…
A year after its historic ‘Merge’, Ethereum rolls out ‘Holesky’ Test Network
Leading blockchain network Ethereum hit the headlines recently after its developers rolled out a new testnet called Holesky which they claim would ramp up the ecosystem’s capability. Making the announcement…
Avalanche Foundation to spend $50m for asset tokenization
Avalanche Foundation which maintains the Avalanche blockchain network recently announced that it will be spending $50 million to purchase tokenized assets that are minted on its network. Making the announcement…
Celo Blockchain to Transition to Ethereum Layer-2
Celo, a platform focused on devices, is considering a shift to Ethereum Layer 2. This move would enable Celo to take advantage of Ethereum’s security and scalability features while preserving…
Ethereum’s new standard to Combat hacks- ERC-7265
As we all know, Ethereum is a blockchain platform that runs smart contracts and due to this, the Ethereum platform is more prone to hacking and other cybercriminal activity. The…
CME Group to Roll Out Ethereum/Bitcoin Ratio Futures in July
The Chicago Mercantile Exchange (CME) Group on June 29, 2023, announced that it will be rolling out Ether/Bitcoin Ratio futures. The futures contracts are slated to be launched on July…
How to participate in EigenLayer’s new airdrop in 3 easy steps
If you are someone who likes to explore new cryptocurrencies but does not want to make the effort of buying a token and then tracking its performance, airdrops can be…
Navigating DeFi Risks: $21 Million Lost in Hacking Attacks on Platforms
The month of February proved to be a challenging period for decentralized finance (DeFi) platforms, as a series of hacking incidents resulted in losses exceeding $21 million. DeFiLlama, a reputable…