TLDR zkSync, an Ethereum layer-2 scaling solution, has faced criticism for its ZK token airdrop distribution. Critics claim the airdrop lacked sufficient anti-Sybil measures, making it easily farmable. The controversy has led to a significant […]
TLDR ZKsync, an Ethereum layer-2 network, will airdrop 17.5% of its 21 billion ZK token supply to 695,232 eligible wallets next week. Eligibility and allocations were based on a snapshot of activity on ZKsync Era […]
TLDR Base, an Ethereum layer-2 network, has surpassed $8 billion in Total Value Locked (TVL), becoming the second-largest Ethereum scaler behind Arbitrum One. Base leads all Ethereum layer 2s in transactions per second (TPS) over […]
TLDR Ethereum (ETH) spot ETFs are expected to attract significant inflows, potentially reaching $4 billion within the first five months of trading. Analysts predict that ETH might outperform Bitcoin (BTC) in the second half of […]
TLDR Fhenix, an Ethereum Layer 2 network focused on data confidentiality, has raised $15 million in a Series A funding round led by Hack VC, bringing its total funding to $22 million. Fhenix has launched […]
TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast and Optimism. Base’s total value locked (TVL) has seen significant growth, nearly sextupling from $1.3 […]
TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024 VanEck analysts predict ETH could hit $22,000 by 2030, driven by growing demand and scaling […]
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on Ethereum, a 38% increase from the previous month. Ondo Finance’s crypto wallet, labeled as “OUSD […]
TLDR Matter Labs, the developer of zkSync, applied to trademark the term “ZK” (short for “zero-knowledge”) in February 2024. The move faced strong opposition from industry leaders and competitors, who argued that ZK technology should […]
After the approval of Spot Bitcoin exchange-traded funds (ETFs) in January this year, the crypto sector has secured yet another victory with the approval of Spot Ethereum ETFs. On May 23rd, the US Securities and […]
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