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Solana Founder Explains Reason For Network Glitch


The flaw that was causing transaction failures and a delay in block finalisation in the blockchain ecosystem was "identified and patched," according to Solana co-founder Anatoly Yakovenko on April 5. The post Solana Founder Explains Reason For Network Glitch appeared first on Cryptonews

Indonesia’s Crypto Transactions Skyrocket to $1.92 Billion in February


Indonesia has witnessed an impressive surge in cryptocurrency transactions, with the total reaching IDR 30 trillion ($1.92 billion) in February, according to the country's crypto regulator.  The post Indonesia’s Crypto Transactions Skyrocket to $1.92 Billion in February appeared first...

Offchain Labs’ ArbOS 20 Atlas lowers Arbitrum transaction costs


Offchain Labs has introduced ArbOS 20, which has been given the codename ‘Atlas.’ ArbOS Atlas will significantly decrease the transaction fees associated with Ethereum Layer 2, which is one of the most significant outcomes. The revolutionary ArbOS 20 Atlas is all set to bring innovative changes...

Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April


The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April. The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...

Nigeria Targets Binance for User Data in Crypto Crackdown


Nigerian authorities have reportedly requested Binance to provide information on its top 100 users in the country, along with its entire transaction history for the past six months. The post Nigeria Targets Binance for User Data in Crypto Crackdown appeared first on Cryptonews

Dencun Goes Live On Gnosis, Ethereum Next In Line


The Ethereum Dencun upgrade has successfully launched on Gnosis Chain, showcasing its potential to lower transaction costs and significantly boost the performance of layer-2 solutions. Ethereum's mainnet activation is imminent, promising a more efficient and affordable blockchain experience...

Polygon to slash transaction fees with Ethereum’s EIP-4844


The Dencun upgrade is slated to go live on March 14, 2024. The launch of EIP-4844 will follow soon, tentatively scheduled for May 1, 2024. When launched, EIP-4844 will bring special resources to cut transaction fees heavily. An estimate for the same has not been provided, but rough numbers say that...

Optimism Foundation Executes $89 Million OP Private Token Transaction


The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...

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