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Layer 1 Injective Introduces ‘CW-404’ to Capitalize on the ERC-404 Hype
23.2.2024
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard
Micro-earn your way to ETH: Smart strategies for faucet users
23.2.2024
A crypto faucet is an online platform that dispenses small amounts of free cryptocurrency as a reward for completing simple tasks. Several popular faucets provide an opportunity to micro-earn tiny fractions of ETH (Ethereum native cryptocurrency) over time. Faucets act as a promotional tool...
Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected
23.2.2024
Personal accounts of Axie Infinity co-founder Jeff “Jihoz” Zirlin compromised, resulting in an $8 million Ethereum loss, while the Ronin blockchain's operation was claimed to remain unaffected.
The post Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected appeared...
Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%
22.2.2024
Top meme coin Sponge now has more than $10.18 million staked and bridged after announcing the launch of the V2 Polygon network version of the coin at the beginning of this month.
The post Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%...
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
22.2.2024
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen...
Luxury Brand Protocol Arianee Set to Launch New Polygon CDK-Powered Chain
22.2.2024
Arianee, the ownership infrastructure behind a number of global luxury brands, has announced its plans to unveil a brand new layer 2 built on Polygon “to leverage the full potential of digital product passports (DPPs) and engagement tokens at scale,” a Thursday, February 22 press release from...
S&P Global Just Made Ethereum's Centralization Risk a TradFi Concern
22.2.2024
Institutional interest in digital assets means that crypto terms such as 'Nakamoto Coefficient' are now mainstream issues
Oscar-Winner Shane Boris to Produce Crypto Film Funded by Arbitrum Foundation
22.2.2024
The foundation supporting Ethereum scaling solution Arbitrum is financing a feature film about crypto by Oscar winner Shane Norris. The film, dubbed “New Here” will be produced by crypto-friendly emerging media company Dpop studios. It will examine digital art from the perspective of...
Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto
22.2.2024
The pioneering restaking project EigenLayer, led by Sreeram Kannan, isn't even live but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz
Is Optimism About to Crash? OP Price Plunges 10% as Spotlight Swivels to New Challenger Coin
22.2.2024
Leading Ethereum-scaling solution Optimism (OP) is stirring panic amongst holders due to a 10% price plunge over the past 24 hours. This article will provide an analysis of OP’s current price trends and look to see whether a newer meme coin represents a more promising opportunity at this time....
Analysts identify top crypto performer set to lead bull run, surpassing Solana and Ethereum
22.2.2024
The cryptocurrency market is currently riding on a huge wave of optimism, driven by remarkable price surges observed in two of its most prominent players: Ethereum (ETH) and Solana (SOL). Both tokens are experiencing massive growth, but analysts agree that a newcomer can easily surpass them...
Investor challenges Ethereum’s valuation amid declining usage and rising alternatives
22.2.2024
Ethereum is inching closer to the milestone of $3,000 as the article is being drafted. It is poised to soon set a new support level of $3,200, probably by the end of this year. However, one crypto investor pointed out that Ether is currently overvalued. Fred Krueger even said that the supporters...
‘Trump’ Token on Ethereum Roars 26,598%: This Other Meme Coin Could Explode Next
22.2.2024
As the next Republican (GOP) primary approaches, a new ERC-20-based meme coin called ‘Trump’ token has exploded +26,598%. This article will provide an analysis of TRUMP’s current price trends and look to see whether a newer meme coin, SMOG, represents a more promising investment...
Vitalik Buterin Voices Concern About Complex Layer 2 Solutions
22.2.2024
Ethereum co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions.
The post Vitalik Buterin Voices Concern About Complex Layer 2 Solutions appeared first on Cryptonews
Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up
22.2.2024
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects
Coinbase Makes Case for Approval of Ether ETFs in Formal Letter to SEC
22.2.2024
Coinbase has thrown its support behind Grayscale's application to convert its Ethereum Trust into a spot Ether exchange-traded product (ETP).
The post Coinbase Makes Case for Approval of Ether ETFs in Formal Letter to SEC appeared first on Cryptonews
Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks
22.2.2024
S&P Global warned on Tuesday that approving proposed Spot Ethereum ETFs in the US could worsen the network's concentration issue by centralizing staked tokens among a few providers.
The post Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks appeared first...
Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board
22.2.2024
Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board.
The post Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board appeared...
Protocol Village: Wormhole Collaborates With AMD to Make Hardware Accelerators
22.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28
STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
22.2.2024
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20.
The post STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High appeared first on Cryptonews