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Little Shapes was a ‘social experiment’ to expose NFT botnets: founder
4.2.2023
In a 158 document, the team behind Little Shapes alleged that NFT scammers utilized bot networks to rug-pull "$200 million+ out of the ecosystem.”
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
Addressable Raises $7.5 Million to Help Web3 Marketers Reach Their Audiences
3.2.2023
Addressable, a decentralized marketing startup, has raised $7.5 million in its seed round to tackle the current marketing woes in the Web3 area. The company claims its software can pair the onchain addresses of users with their social accounts, giving Web3 marketers more knowledge about their...
Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network's Hackathon
1.2.2023
The auto giant may use technology developed from the hackathon for its internal use
Aave deploys V3 on Ethereum after 10 months of testing on other networks
27.1.2023
The new version includes features that developers believe will increase capital efficiency and lower gas fees
Soaring growth of Ethereum layer-2 networks set to continue in 2023
19.1.2023
Leading layer-2 networks on Ethereum have seen a surge in daily active users and fees recently
Polygon PoS network’s Hardfork upgrade is now live
18.1.2023
On January 17, 2023, at 10:45 UTC, Polygon (MATIC), a layer-2 scaling protocol on Ethereum, finally launched its hardfork update and is currently operational on its network. This new version, V0.3.1, was created primarily to reduce gas spikes and address chain reorganization issues that have...
Authorities in Germany, Bulgaria, Serbia, Cyprus Take Down Crypto Scam Network
17.1.2023
Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, which offered seemingly exceptional investment...
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
16.1.2023
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion hashes, or attempts, to find a valid bitcoin block...
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
16.1.2023
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain...
Bitcoin nodes data: Frankfurt houses the largest city-wide network
11.1.2023
Distributed across 5773 cities worldwide, over 60% and 14% of the Bitcoin nodes run on IPv4 and IPv6 protocols, respectively, while more than 25% run anonymously on .onion
ChainSafe & Aztec Network’s integration proposes to solve ENS privacy issues
6.1.2023
ChainSafe Solutions takes the opportunity of sharing the proposal that it has forwarded at the Ethereum Name Service (ENS) DAO weekly ecosystem meeting on the 8th of December, 2022. The prime issue that the company was dealing with and seeking solutions for ENS privacy issues. It was a detailed...
Constellation network’s fractional soft node staking initiative is live
2.1.2023
As reported by reliable sources, thankfully, $DAG holders have some great breaking news. Putting it simply, if all goes well, $DAG holders will, by long odds, have the opportunity to stake their $DAG on a monthly basis; however, they will be able to do so in the first three days of a month....
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
2.1.2023
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks...
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
1.1.2023
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal...
The most eco-friendly blockchain networks in 2022
23.12.2022
This year saw the realignment of the crypto industry toward greener, more energy-efficient blockchains
Stablecoin settlements can surpass all major card networks in 2023: Data
22.12.2022
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things
DEX aggregator OpenOcean enables cross-chain swaps across major networks
21.12.2022
Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom
Hackless Offers Sandwich Attack Protection for BSC and Ethereum Networks
21.12.2022
As winners of the ETH hackathon in 2021, the Hackless team is now releasing the beta version of Anti-Sandwich – a gateway to safe and efficient swapping of crypto assets, avoiding public mempools and consequently, getting ‘sandwiched’. The solution has already proved effective...
Current infrastructure can't support the Metaverse, says Huawei report
21.12.2022
Huawei’s Middle East region's chief strategist outlined that networks have issues with throughput, rendering and download speeds that need solving