Umbrella Network launches on Ethereum with cross-chain bridge to BSC
Smart contracts, especially for DeFi, are becoming a data-intensive industry. Oracle services are helping to bridge the gap. Go to Source Powered by WPeMatico
Ethereum 2.0
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Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder
According to Polygon’s co-founder, Sandeep Nailwal, it is only a matter of time before Ethereum overtakes Bitcoin as the dominant layer-1 protocol. Go to Source Powered by WPeMatico
ETH 2.0 moves closer to fruition as devs set Altair upgrade for October
Ethereum’s transition to proof-of-stake continues, with the first mainnet upgrade of Beacon Chain scheduled for late October. Go to Source Powered by WPeMatico
Ethereum alternatives and layer-1 solutions see steady gains in September
Multi-million dollar incentive programs and the ease of cross-chain transfers are boosting the value of L1 and L2-based tokens and raising the total value locked in their associated DeFi platforms. Go to Source Powered by WPeMatico
Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low
The second-largest cryptocurrency falls 13.30% versus Bitcoin’s 9.38% decline as China’s move scares investors away. Go to Source Powered by WPeMatico
Staking on Ethereum 2.0, explained
The upgrade to Ethereum 2.0 comes with many changes, including the migration to the proof-of-stake consensus algorithm, believed to make the network more secure and compensate participants accordingly. Go to Source Powered by WPeMatico
Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K
Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH. Go to Source Powered by WPeMatico
Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge. Go to Source Powered by WPeMatico
Multicoin Capital leads Eden Network’s $17.4M seed raise
Ethereum’s London hard fork went live on Sunday. The transition has important implications for mining pools, which have begun deploying miner extractable value solutions to increase revenues. Go to Source Powered by WPeMatico
ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools Grow
The Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest holder of ethereum out of all the wallets in existence. Ethereum 2.0 Contract Nears $30 Billion In the early days, the Ethereum (ETH) protocol was … Read more