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Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility


In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets...

Possible effect of Ethereum’s Dencun Upgrade on Layer-2 tokens


Ethereum’s Dencun upgrade is slated to go live in the middle of March 2024. All eyes are on its Dencun Upgrade, which commits to bringing economic cost and efficiency transactions to the native network. Also, there are speculations that layer-2 tokens could get a potential boost from Dencun...

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...

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...

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...

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