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L2 Protocol Manta Network Suffers DDoS Attack, Project Leaders Face Money Laundering Allegations
21.1.2024
Manta Network, a modular layer two (L2) protocol, said a distributed denial-of-service attack on Jan. 18 resulted in the network accumulating a large queue of recent transactions. The attack, which occurred during a token-issuing event, is believed to have severely limited communication between...
Ethereum’s Dencun Upgrade Successfully Launches on Goerli Testnet After Initial Hiccups
18.1.2024
The Ethereum network has successfully implemented the Dencun upgrade on its Goerli testnet. This achievement comes as a part of Ethereum’s ongoing effort to introduce cost-effective data storage solutions on its blockchain. Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay...
Manta Network Suffers DDoS Attack Shortly After Exchange Listing
18.1.2024
Layer-2 blockchain Manta Network suffered a DDoS attack shortly after successfully listing its Manta token on multiple exchanges. In an X post published on January 18, Kenny Li, co-founder of the Manta Network, noted that the blockchain experienced a widespread DDoS attack at 9:30AM UTC. Li said...
Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum's Experience: Report
18.1.2024
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain's playbook, and could spring up as demand grows for blockspace on Bitcoin
Frax Finance's Layer 2 Fraxtal to Debut in February: Founder
18.1.2024
Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month
MANTA Token Airdrop All Set for 18th January – Here’s All You Need to Know
17.1.2024
Manta Network, a platform dedicated to building scalable decentralized applications, is gearing up to reward its community with a MANTA token airdrop. The event, scheduled on January 18, 2024, serves as a gesture of gratitude to the long-term supporters of Manta’s two networks, including...
Ethereum Co-Founder Vitalik Buterin Says Validiums are Not Genuine Rollup Solutions
17.1.2024
Vitalik Buterin, the co-founder of Ethereum (ETH), has ignited a debate about the classification of various layer 2 scaling solutions. The crypto veteran has claimed that Ethereum’s validiums should not be considered genuine rollup solutions. The statement came in response to a post by Daniel...
Manta Pacific Flips Base as Fourth Largest Layer 2 Solution as TVL Surges to $845 Million
16.1.2024
Manta Pacific has moved past Base to become the fourth largest layer 2 scaling solution in the market. The total value locked (TVL) of the network soared past $840 million. Recent data from L2Beat show that Base, an Ethereum layer 2 solution backed by Coinbase, has lost its spot as the fourth...
Is It Too Late to Buy Ethereum Name Service? ENS Price Doubles as New Bitcoin Mining Protocol Goes Viral
15.1.2024
As decentralized naming systems gain traction, Ethereum Name Service has seen ENS price double, leaving some FOMO investors asking is it too late to buy Ethereum name service – find out in ENS price analysis. The bullish moves come after Ethereum founder Vitalik Buterin commented that ENS...
Distributed Validator Technology More Primed to Overcome the Ethereum Validator Overload Challenge – Alon Muroch
14.1.2024
While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained this can lead to a network overload. The Promise...
Is Internet Computer Crashing? ICP Price Drops 8% as This Bitcoin Mining Protocol Takes All the Attention
12.1.2024
Leading decentralized data protocol Internet Computer has witnessed a sudden -8% drop in ICP price, and with panicked holders asking ‘Is Internet Computer Crashing?’ explore this ICP price analysis to find out. This comes amid excitement in the crypto community for Bitfinity layer-2...
Manta Network’s Ethereum Layer 2 Blockchain Exceeds $800M in TVL
12.1.2024
Source: Adobe / lumerb Manta Pacific, the native Layer 2 modular blockchain of Manta Network, has witnessed a 65-fold increase in Total Value Locked (TVL) over the last quarter. Launched just under four months ago, in October 2023, Manta Pacific’s TVL started at a modest $10 million. However...
Is It Too Late to Buy Arbitrum? ARB Price Blasts Up 30% as Viral Meme Coin MK Reaches $6.5 Million
11.1.2024
Following a successful Arbitrum airdrop in 2023, ARB price has blasted up +30% amid hype around a potential ETH ETF, explore this Arbitrum price analysis article and find out ‘is it too late to buy Arbitrum?’. Upside movements have swept into the Arbitrum chart amid hype for layer-2...
Arbitrum Dominates with Nearly 50% of Ethereum Layer 2 Total Value Locked
10.1.2024
Source: Adobe / Rafael Henrique The Ethereum-based layer 2 network Arbitrum has shown significant strength in the market, with its native token, ARB, outperforming a number of other smart contract tokens over the past 30 days. According to data from CoinMarketCap, ARB has now risen some 75% during...
Polygon NFT Volume Hits 6-Month High, Igniting Renewed Interest in Layer-2 Scaling Solution
8.1.2024
Polygon’s NFT volume hit a 6-month high in December 2023, surpassing $10 million in daily sales. Image by itsmaku, Adobe Stock. The NFT market on the Polygon blockchain network saw considerable growth and renewed interest in December 2023, according to data from market trackers CryptoSlam...
Mint and Trade Real-World Addresses Onchain With PropyKeys dApp, Part of Propy Ecosystem
5.1.2024
PRESS RELEASE. January 5, 2024, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on...
Arbitrum’s Total Value Locked Surges Past $2.5 Billion as Token Nears $2
3.1.2024
Source: Arbitrum Ethereum layer 2 network Arbitrum has recorded high transaction volumes at the start of the year as well as its total value locked (TVL) tapping $2.5 billion. On-chain data shows the firm’s bullish performance in the last week of 2023 and the early days of 2024 with surging...
ENS Token Jumps 50% as Vitalik Buterin Hails It as 'Super Important'
3.1.2024
ENS, the governance token of the Ethereum Name Service project, surged after Ethereum cofounder Buterin posted on X that the service is "super important."
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
3.1.2024
A new research study has partly attributed the growth in the use of bitcoin “as a transactional layer” to the increased number of crypto platforms that have joined the Lightning Network ecosystem. The study however found that just over 6% of centralized crypto exchanges have...
Blast Hits $1.1B in Deposits More Than a Month Before It's Due to Go Live
28.12.2023
Depositors will receive an airdrop that can be redeemed in May 2024