Blockchain

Polygon zkEVM Experiences Downtime Amid Blockchain Sequencer Problems
Blockchain

Polygon zkEVM Experiences Downtime Amid Blockchain Sequencer Problems

Ethereum layer-2 scaling solution Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer. In a post on X, Polygon assured its two million followers that the problem is confined to zkEVM alone. “This only impacts Polygon zkEVM (the only rollup) and does […]

Mar. 26, 2024
Solana Blockchain Sizzles with Investor Buzz in 2024
Solana

Solana Blockchain Sizzles with Investor Buzz in 2024

The Solana ecosystem has reached a major achievement by becoming this year’s top blockchain community, according to a new research report from crypto data firm CoinGecko. The report “What Are the Most Popular Blockchain Ecosystems?” uncovered a staggering 49.3% interest in specific blockchain narratives centered around the Solana ecosystem in a year to date. Top […]

Mar. 24, 2024
BlackRock Deposits $100M USDC, Gains Memecoins & NFTs
Blockchain

BlackRock Deposits $100M USDC, Gains Memecoins & NFTs

In a surprising turn, asset management giant BlackRock has emerged as a notable player in cryptocurrency and nonfungible tokens (NFTs), acquiring a substantial portfolio worth at least $40,000 in memecoins and NFTs. The revelation came to light after vigilant observers tracked transactions to one of BlackRock’s wallets associated with a new tokenization fund. Data shows a […]

Mar. 21, 2024
BNB Smart Chain Upgrade: Blob Transactions in BEP 336
Blockchain

BNB Smart Chain Upgrade: Blob Transactions in BEP 336

BNB Smart Chain (BSC) is introducing a significant upgrade called “BEP 336.” Inspired by Ethereum’s EIP 4844, this upgrade aims to improve the storage and processing of data on the blockchain, leading to notable reductions in transaction costs and improvements in network performance. BNB Smart Chain: Efficient Data Solutions The upgrade introduces “Blob-Carrying Transactions” (BlobTx), […]

Mar. 14, 2024
Ethereum L2s Show a Significant Drop in Transaction Fees After Dencun Upgrade
Blockchain

Ethereum L2s Show a Significant Drop in Transaction Fees After Dencun Upgrade

The Dencun upgrade went live on the Ethereum (ETH) network on March 13, which resulted in a significant decrease in the transaction fees on Layer-2 (L2) chains like Optimism, zkSync, Arbitrum, and Coinbase’s Base. Dencun is a scalability-focused upgrade on the Ethereum mainnet, with many considering it one of the most important upgrades since the […]

Mar. 14, 2024
Spain Bans Worldcoin for Three Months Due to Privacy Concerns
Blockchain

Spain Bans Worldcoin for Three Months Due to Privacy Concerns

Spain has become the first European country to act against Sam Altman’s Worldcoin (WLD), the controversial eyeball-scanning blockchain crypto project that scans users’ irises in exchange for free WLD tokens and digital ID. On March 6, Agencia Española de Protección de Datos (AEPD), Spain’s data protection body, ordered Worldcoin to halt personal data collection and […]

Mar. 7, 2024
Chainlink’s Oracle Ascension: Analyst Predicts Bullish Surge
Blockchain

Chainlink’s Oracle Ascension: Analyst Predicts Bullish Surge

Crypto analyst Michaël van de Poppe recently expressed optimism regarding the performance of Chainlink’s price. Van de Poppe highlighted the awakening of Oracles, indicating a positive trend for Chainlink. He emphasized his bullish sentiment, stating, “I think that $LINK is going to do well.” Furthermore, he anticipates that $API3 will likely follow a similar trajectory, suggesting a […]

Feb. 29, 2024
Solana Climbs 18% to Hit New Yearly High, Led by WIF Memecoin Frenzy
Solana

Solana Climbs 18% to Hit New Yearly High, Led by WIF Memecoin Frenzy

In the last 24 hours, Solana (SOL) has posted an 18.81% gain, rising rapidly from $108 to reach a new yearly high of $131.10 at the time of publication. The latest surge is attributed to a wave of purchases of the Solana-based memecoin Dogwifhat (WIF). The memecoin, featuring an image of a Solana developer’s dog […]

Feb. 29, 2024
Tether Refuses to Confirm or Deny Dropping USDT on Tron Network
Tether

Tether Refuses to Confirm or Deny Dropping USDT on Tron Network

Tether, the issuer of the popular stablecoin USDT, has refrained from confirming or denying whether it plans to discontinue support for the Tron network, following a similar move by its competitor Circle. On Tuesday, Feb. 20, Circle announced that it would halt the minting of its stablecoin, USD Coin (USDC), on the Tron blockchain. Tether’s […]

Feb. 23, 2024