The Dencun upgrade in March 2024 was a significant milestone for Ethereum, but it also brought about unforeseen challenges, particularly for Layer 2 networks. Christine Kim, a researcher at Galaxy, highlighted that this upgrade inadvertently led to an increase in transaction failures across these networks. Ethereum’s Layer 2 Networks Face Challenges Kim’s August 21 analysis, titled “150 Days After Dencun,” revealed that since the fee-reducing upgrade, there has been a notable...
Read More »Ethereum’s L2 Network Arbitrum Registers Significant Rise in Web3 Adoption, ARB Price Up 6%
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Arbitrum (ARB) Might Be Worst Performing Ethereum L2, Here’s Reason
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Aptos, Arbitrum, Optimism among Crypto Projects to Unlock $755M Tokens in July
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Ethereum Scaling Solutions Soar to New Heights: Data
The price front remains quiet, but Ethereum scaling solutions appear to be thriving. The latest data suggests a surge driven by not just Layer 2 networks but lesser-known Layer 3 entities as well. According to L2beat, these scaling networks built on top of Ethereum have collectively reached over 246 TPS on June 16, representing a new all-time high. This, in turn, translated to an estimated 21.2 million transactions over the course of the day. A higher transaction per second...
Read More »Massive $875M in Token Unlocks Set to Shake Up Market in June
CoinspeakerMassive $875M in Token Unlocks Set to Shake Up Market in June Token unlock events can present opportunities for investors, but they also come with risks. Massive $875M in Token Unlocks Set to Shake Up Market in June
Read More »Crypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity
CoinspeakerCrypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity The hacker carried out this act using a multi-call function, which allows multiple smart contracts to be executed in a single transaction. Crypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity
Read More »Important Binance Announcement Affecting Some Altcoin Traders: Details
TL;DR Binance will introduce new perpetual contracts with high-leverage options, enhancing its futures trading platform. Despite these additions, the involved cryptocurrencies face declines in a generally falling market. What’s New? The world’s largest cryptocurrency exchange will expand the list of trading options offered on Binance Futures to enhance users’ experience. It will launch the ARB/USDC and NEO/USDC perpetual contracts with up to 50x leverage, while FIL/USDC will...
Read More »PancakeSwap Launches CLAMM Options Trading on Its Platform in Collaboration with Stryke
CoinspeakerPancakeSwap Launches CLAMM Options Trading on Its Platform in Collaboration with Stryke This solution will provide unprecedented flexibility, with expiration durations ranging from as short as one hour to as long as 24 hours. PancakeSwap Launches CLAMM Options Trading on Its Platform in Collaboration with Stryke
Read More »Ethereum and Polygon Attract Majority of New Users: Flipside Report
Ethereum and its Layer 2 scaling solution, Polygon, attracted the most new users by far in the first quarter of 2024. The latest report by Flipside revealed that these two blockchain platforms have garnered the most cumulative new users among observed EVM chains since the beginning of the year. Polygon boasted 12.3 million new users, and Ethereum had 13.4 million – roughly 70% of new users this year across all observed chains as of March 27. Next up was Arbitrum, recording...
Read More »