Ethereums value accretion narrative under duress after 19% drop in ETH DApp volumes
ETH price struggles to find reasons to rally after the networks DApp volumes drop and Ether languishes near the $2,250 support.
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ETH price struggles to find reasons to rally after the networks DApp volumes drop and Ether languishes near the $2,250 support.
Ethereum co-founder Vitalik Buterin forecasts a rapid resolution of cross-Layer-2 interoperability issues within the Ethereum ecosystem. Buterin said in an Aug. 5 social media post that recent advancements and collaborative efforts will soon eliminate current challenges. He added: “I think people will be surprised by how quickly ‘cross-L2 interoperability problems’ stop being problems and we […]
The post Vitalik Buterin believes Ethereum Layer-2 networks are close to solving the interoperability problem appeared first on CryptoSlate.
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.
Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
Polygon suffered a security breach today as hackers took over its community Discord channel for approximately three hours. The breach, which led to scammers infiltrating the channel and targeting users, has now been resolved. Mudit Gupta, Polygon’s Chief Information Security Officer, confirmed that the team has regained full control of the Discord server and is […]
The post Polygon regains access to Discord server following security breach appeared first on CryptoSlate.
Corn, an Ethereum Layer-2 network that uses hybrid tokenized Bitcoin (BTC) as gas and offers Super Yield to its users, has launched after securing $6.7 million in seed funding led by Polychain Capital, according to an Aug. 20 statement shared with CryptoSlate. The seed round also included notable corporate and individual investors, including Binance Labs, […]
The post Ethereum L2 Corn launches with $6.7 million in seed funding, integrates Bitcoin-backed gas appeared first on CryptoSlate.
The Bitcoin 2024 conference showcased dozens of protocols driving innovation on the Bitcoin blockchain. Cointelegraphs team explored the promises and challenges emerging around the world.
The Ethereum ecosystem is experiencing a historic drop in gas fees, which is impacting both mainnet and Layer 2 transactions. According to Etherscan Gas Tracker, the average gas fee on the mainnet stands at 4 Gwei at press time, approximately $0.21. However, transactions can be processed for as low as 3 Gwei, or around $0.14. […]
The post Ethereum supply turns inflationary as gas fees drop to record lows appeared first on CryptoSlate.
While Bitcoin saw a 20% drop in daily active addresses in Q2 2024, Ethereum and L2s posted a 127% increase in such addresses in H1 2024.
Bitlayer, a Bitcoin layer-2 network, has raised a total of $16 million, including $11 million in its Series A funding round at a $300 million valuation, according to a July 23 statement shared with CryptoSlate. Franklin Templeton, a prominent investment management firm and issuer of spot Bitcoin and Ethereum ETFs, and ABCDE led the Series […]
The post Franklin Templeton invests in Bitlayers $300M-valued Bitcoin infrastructure appeared first on CryptoSlate.
Ethereum layer-2 network Scroll has delayed its chain finalization due to a potentially exploitable bug within its ecosystem. On July 19, Rho Markets, a lending protocol on the blockchain, detected unusual activity and suspended operations to investigate. Blockchain security firm Cyvers Alert reported a hack of approximately $7.6 million on Rho Markets’ USDC and USDT […]
The post Ethereum Layer 2 Scroll halts chain finalization after Rho Markets suffers $7.6M breach appeared first on CryptoSlate.
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving.
Coinbase-backed Ethereum layer-2 network, Base, is experiencing rapid growth, reflecting the significant adoption and attention it enjoys from the crypto community. Base’s growth comes amid the exchange launch of its Smart Wallet, a self-custodial solution aimed at bringing more than 1 billion users on-chain. Increased network activity Base recorded the highest daily transactions among Ethereum […]
The post Base outpaces Optimism and Arbitrum amid Coinbase’s Smart Wallet debut appeared first on CryptoSlate.
Tezos 16th upgrade is now live on the mainnet, reducing block finality times to just 10 seconds. This improvement aims to enhance layer-2 scalability in the future.
Roy Hui, co-founder and CEO of LightLink, breaks down what it takes to build a layer-2 platform in a very competitive field from airdrops to developer engagement and adoption.
Ethereum Layer-2 (L2) Optimism has urged Layer-3 (L3) blockchain to join its Superchain by building with OP Stack and sharing sequencer revenue with the Optimism Collective. Superchain is a decentralized blockchain platform comprising many chains that share security and a technology stack (OP Stack). It already boasts several successful L2 networks, such as OP Mainnet […]
The post Optimism invites Layer-3 networks to join its Superchain, promising advanced features appeared first on CryptoSlate.
The Ethereum Foundation has announced the distribution of over $32 million in grants during the first quarter of 2025. According to the May 8 update, the funding was issued through its Ecosystem Support Program and spread across 94 projects. While the report categorized the recipients by theme and focus area, it did not disclose the […]
The post Ethereum Foundation boosts ecosystem with $32M in grants in Q1 2025 appeared first on CryptoSlate.
The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.
ENS Labs, a non-profit organization responsible for the Ethereum Name Service (ENS), has proposed an ENSv2 upgrade that would facilitate the protocol’s migration into a layer 2 network, according to a May 28 statement shared with CryptoSlate. ENS’s move is exciting for Ethereum layer-2 networks, which have recently seen increased adoption, and the total value […]
The post Ethereum Name Service proposes ENSv2 upgrade to tap into booming layer 2 networks appeared first on CryptoSlate.
Ethereum’s recent Pectra upgrade is sparking a surge in smart account usage, redefining how users interact with the network. Data compiled by Base analyst 0xKofi from Bundle Bear shows that more than 26,000 wallets have transitioned to the new smart account format powered by the EIP-7702 in the Pectra upgrade. What are smart accounts? EIP-7702 […]
The post Over 26,000 Ethereum wallets integrate Pectra upgrade features driving smart wallet adoption appeared first on CryptoSlate.
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