Search results by “ethereum”
Offchain Labs, the company behind the Ethereum layer 2 solution Arbitrum, announced that it has acquired Prysmatic Labs, one of the key companies in charge of Ethereum’s maintenance and upgrades. This acquisition further strengthens Offchain’s importance in the Ethereum ecosystem. According to DeFi Llama, Arbitrum is already the most popular rollup solution based on total […]
Polygon has released its zkEVM testnet, used for testing Ethereum zk-rollups for dApps. Several prominent projects have immediately signed up, including DeFi platforms Aave and Uniswap, video-game company Midnight Society, and Web3 social network Lens. Zk-rollups are used to increase the speed of transactions, lower their costs, and enhance privacy. They function by condensing several […]
On the same day that Ethereum successfully transformed into a proof-of-stake network, its hard fork with a proof-of-work consensus mechanism, ETHPoW, launched as well. However, the launch of the mining-centric network didn’t go without issues. Namely, many users encountered issues when trying to access it. ETHPoW developers erroneously chose to use the same chain ID […]
The cryptocurrency storage company, Anchorage Digital, announced that it is launching an Ethereum-based staking service aimed at institutions. Venture capital firms, banks, and even governments will be able to earn rewards through staking on the Ethereum network. Diogo Mónica, co-founder and president of Anchorage Digital, stated that the company is “providing heightened legitimacy to market-tested […]
The tides are shifting in the NFT space of late. The high-value Ethereum NFT market has seen sinking trading volume the last couple weeks, but Solana NFTs are still growing and over a 24-hour span from yesterday into this morning, the Solana network yielded more NFT volume than Ethereum’s. Per data from CryptoSlam this morning, […]
