Ripple said that its upcoming stablecoin will be called Ripple USD (RLUSD). The firm expects to debut it on the Ethereum network and the XRP Ledger (XRPL) this year. The stablecoin has an alternative name, […]
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 […]
Copyright © 2021
