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Upgrade of Ethereum Will Lower Costs for Layer 2 Networks


The upgrade of the Ethereum network will take place on the 13th of March and will help lower costs for the Layer 2 networks. Chains like Arbitrum, Polygon, and Coinbase Global attribute the connection to Ethereum. A transaction that would have cost $1 will now be 1C. Developers have named...

The Graph: Preserving Ethereum’s Blobs for long-term accessibility


In mid-February, the final testnet of the Ethereum blockchain was established, and the Dencun upgrade is now operational on most mainnets. Dencun will now enhance the Ethereum network and all dependent layer-2 systems. The integration of EIP-4844’s new transaction type into Ethereum, which...

Ethereum Challenger Monad Labs in Talks to Raise $200 Million


The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...

Ethereum Layer 2 Tokens gain interest before Dencun Upgrade


The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...

Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs


Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance Hong Kong’s status in the global cryptocurrency...

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...

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