Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels. Go to Source
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Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024
In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with 927,010 transactions confirmed in one day. Bitcoin’s High-Traffic … Read more
ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research
Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions. Go to Source
New DeFi protocol Nudge aims to unlock hidden value in users’ wallets
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value. Go to Source
Ethereum L2 ecosystem processes a record 12.4M transactions in a day
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base. Go to Source
Ethereum median gas price hits 5-year low
The median price to send an Ethereum transaction hit 1.9 gwei on the weekend, with low-priority transactions priced even lower. Go to Source
Coinbase to expand use of Vaults for secure crypto custody — Executive
Coinbase currently holds approximately $270 million in customer assets. Go to Source
Ethereum and layer-2 addresses surge 127% this year — Glassnode
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. Go to Source
Degen Chain user loses 90% funds during bridge transfer
A bug on Degen Chain’s service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem. Go to Source
Worldcoin invites devs to build ahead of mainnet launch in 2024
With the World Chain developer preview, devs can deploy infrastructure on a “gated mainnet,” as World Chain is skipping a testnet. Go to Source