Blast, the Ethereum layer-2 scaling network founded by Blur NFT marketplace’s creator, has officially rolled out its testnet, accompanied by the launch of the ‘Blast BIG BANG’ airdrop competition. This strategic move aims to draw developers’ attention to the burgeoning platform. The team aims to integrate developers into the Blast ecosystem by dedicating 50% of […]
Ethereum co-founder Vitalik Buterin has initiated a discussion on classifying various layer-2 scaling solutions. He contends that the validiums on the blockchain are not authentic rollup solutions. In an X (previously Twitter) exchange this week, Buterin agreed with Daniel Wang, Taiko founder, that the rollup solution on Ethereum is Ethereum’s caladiums are not a bona […]
Manta Pacific, Ethereum layer-two (L2) blockchain, has witnessed an extraordinary surge in Total Value Locked (TVL), reaching over $850 million today, according to the data securing its position as the 4th largest L2 by TVL globally. The staggering growth, a remarkable 2,300% increase since Dec 15, 2023, is closely tied to Manta’s New Paradigm campaign. […]
The Ethereum Foundation is preparing for a substantial upgrade of the account abstraction standard within the Ethereum network to improve efficiency and ease gas consumption. Particularly, this will focus on minimizing the use of gas for layer-2 networks. Gas Reduction Tactics On 10th January, the Ethereum Foundation gave a sneak preview of the substantial revisions […]
The bankrupt crypto lender Celsius Network announced on Jan. 5 that it plans to unstake existing Ethereum (ETH) holdings as part of its efforts to distribute assets to creditors. According to the firm, the “significant” unstaking event will occur in the next few days. Celsius wrote: “Celsius will unstake existing ETH holdings, which have provided […]
Ethereum roadmap has sparked discontent within the community, with Justin Bons, the founder of Cyber Capital, expressing strong reservations. On Jan 2, Bons took to X, asserting that abandoning plans to increase layer-1 gas limits gradually is a significant misstep for Ethereum. ETH's latest roadmap has removed this line entirely; "increase L1 gas limits" That […]
Vitalik Buterin, co-founder of Ethereum, has shared an updated 2024 roadmap for the blockchain, admitting that there are only minor changes compared to last year. In a series of posts on X (formerly Twitter) on December 30, Buterin said the main focus of Ethereum for 2024 centers around six main components. Furthermore, in a detailed […]
Dr. Xiao Feng, Chairman of HashKey Group, issued a 2024 New Year’s message, starting from the first principles of blockchain and discussing the top ten industry trends in 2024. Embracing the first principles of that blockchain, he emphasized their history of ledgers began with the Sumerians writing on clay tablets millennia past through to the […]
Ethereum, the second-largest cryptocurrency by market capitalization, faces ongoing scrutiny from the U.S. Securities and Exchange Commission (SEC) as it extends the evaluation period for several Ether exchange-traded funds (ETFs) until May 2024. Among the impacted ETFs are the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF. The Hashdex Ether ETF, designed to […]