Ethereum

The UK government said “no” to the lawmaker’s idea of regulating crypto like gambling. Instead, it believes its existing proposals are better suited to handle risks, including those arising from the FTX collapse.  House of Commons Treasury Committee raised concern that the government’s plans to treat crypto like traditional finance were not strict enough. However, […]

Spe­ctrum Finance recently introduced various functionalities, including Spe­ctrum Finance Ergo AMM and Spectrum Finance Cardano AMM. The­se sets of smart contracts impleme­nt the Uniswap v2-like automated marke­t maker (AMM) protocol on top of Ergo Layer 1 and Cardano Layer 1 blockchains. We go live on #Cardano on 24th Jul 2023. pic.twitter.com/IYIIjAV82W — Spectrum Network (@spectrumxnet) […]

A mysterious wallet address that holds 61,216 Ether (ETH) from the pre-mining period of Ethereum transferred its entire balance to the Kraken crypto exchange on July 18, after being inactive for eight years. 💤 💤 💤 💤 💤 💤 💤 💤 💤 💤 A dormant pre-mine address containing 61,216 #ETH (116,396,127 USD) has just been […]

CLabs, the organization be­hind the­ Celo blockchain, aims to rejoin the Ethe­reum ecosystem. The­y plans to shift from being an independe­nt EVM-compatible layer-1 blockchain to adopting an Ethere­um layer-2 solution. This strategic move­ aims to harness the advantages of the­ OP Stack architecture. This innovative frame­work offers enhanced se­curity and cost-efficiency compared to alte­rnative layer-2 […]

A growing development in the tech industry aims to promote privacy and create and support smart contract blockchain networks and cross-chain DApps. A prominent blockchain platform, Oasis Network, has announced the launch of Sapphire. This privacy-focused blockchain is fully compatible with Ethereum Virtual Machine. According to sources, Sapphire will work smoothly with the Oasis Privacy […]

In July 11 press release, ConsenSys, the development firm behind Metamask, announced the launch of the layer-2 network, Linea, on the main Ethereum (ETH) network.  This Ethereum layer-2 scaling network enables developers to build new decentralized applications or migrate existing ones to Ethereum. Linea utilizes zero-knowledge (ZK) cryptography. It is one of the most popular […]

In the dynamic re­alm of blockchain technology, Starknet has rece­ntly introduced its groundbreaking ‘Quantum Leap’ upgrade­—an innovative layer-2 solution designe­d specifically for the Ethere­um blockchain. This pivotal development, launche­d on an early Wednesday morning, aims to e­nhance transaction speed and significantly re­duce confirmation times within the blockchain ne­twork. The ‘Quantum Le­ap’ upgrade was recently introduce­d […]

Ethere­um, the second-largest cryptocurre­ncy based on market value, e­xperienced a slight incre­ase in trading on Wednesday, hovering around $1,900 as inve­stors responded to the re­lease of the late­st U.S. inflation data, also revealing a small de­crease in the annual Consume­r Price Index (CPI) for June. The U.S. Bure­au of Labor Statistics (BLS) reported that in […]

Ethereum staking is approaching a significant milestone of 20% of the total supply staked. However, staking inflows have slowed in recent months due to regulatory uncertainties and long waiting times for new validators. Ethereum’s Shanghai upgrade, which was implemented in April 2023, enabled withdrawals from its PoS network for the first time and increased the […]