Ethereum (ETH)

Base, Coinbase’s layer-2 blockchain initiative for reducing Ethereum transaction fees, seems to be witnessing massive demands of increased network activity. As a result, its TVL also rose sharply, hitting a new milestone, surpassing $2 billion this week. One of the major reasons for the surge in activity of Base was the activation of the Dencun upgrade. Base’s TVL Growth According to data from L2Beat, Base’s current TVL stands at $2.27 billion, increasing by over 230% YTD....

Emin Gün Sirer, the founder and CEO of Ava Labs, has sounded an alarm on the rise of substandard layer 2 (L2) solutions in the crypto space. Drawing parallels with the fallout from the FTX collapse, he cautioned investors about the dangers associated with investing in these “trash” projects. Ava Labs Founder Highlights L2 Red Flags On March 23, Sirer took to X to voice his concerns about the crypto community’s habit of ignoring warning signs, especially regarding people seen...

[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came to inception after MATIC (now Polygon) entered the crypto scene to make Ethereum more scalable. Since then, a lot of...

CoinspeakerEthereum Co-founder Vitalik Buterin Engages on Farcaster, Community Calls for Return to X Vitalik Buterin, co-founder of Ethereum, talks about Farcaster, and people are calling for a return to X. Ethereum Co-founder Vitalik Buterin Engages on Farcaster, Community Calls for Return to X

CoinspeakerBinance Labs Invests in StakeStone amid Growing Interest in Restaking Sector Investing in advance­d restaking protocols aligns with Binance Labs' strategic focus on this domain. Binance Labs Invests in StakeStone amid Growing Interest in Restaking Sector

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week....

CoinspeakerBitcoin (BTC) Bulls Eyeing $70,000 Again, Ethereum and Other Altcoins Set to Follow Suit, Predicts Analyst According to Michaël van de Poppe, most of altcoins have reached the bottom level and are now stabilizing. Bitcoin (BTC) Bulls Eyeing $70,000 Again, Ethereum and Other Altcoins Set to Follow Suit, Predicts Analyst

Despite criticisms for the alleged abandonment, Cardano remains one of the top blockchain protocols in terms of GitHub activity. According to the data compiled by IntoTheBlock, Cardano has once again surpassed Ethereum and other major Layer-1 blockchains such as Avalanche, Litecoin, and Tron in GitHub commits, reflecting its leading position in developer engagement. Between March 11 and 17, Cardano registered 978,780 commits on GitHub, exceeding its closest competitor,...

After a decade of waiting, rejecting, and delaying at best, the United States Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs at the start of 2024. Their impact on BTC’s price has been undeniable as the demand for those products among traditional investors has skyrocketed. Now that there are existing exchange-traded funds tracking the performance of at least one cryptocurrency, the community speculates on whether there will be a...

In August 2022, the US Treasury Department’s Office of Foreign Asset Control (OFAC) imposed sanctions on Tornado Cash, prohibiting its usage for US citizens, residents, and companies. But this has not deterred hackers from moving stolen funds through the controversial crypto tumbler to obfuscate tracking. In fact, PeckShield’s latest update reveals that exploiters of the HECOBridge have moved over 40,391 ETH, valued at around $145.7 million, executing 19 outgoing transactions...