Ethereum layer-1 network revenue collapses. What's causing it?
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.
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Ex-CFTC Chairman: US Must Create an Independent Blockchain Dollar
The ex-head of the United States’ commodities regulator thinks the government must digitize the dollar and take power away from central banks.Giancarlo wants independently maintained dollarIn an opinion piece for the Wall Street Journal on Oct. 15, J. Christopher Giancarlo, former chair of the Commodity Futures Trading Commission or CFTC, argued the dollar could lose…

Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K
In the early morning trading hours Bitcoin (BTC) price abruptly dropped by 17.65% which triggered a major downturn throughout the entire market.Data from Cointelegraph Markets and TradingView shows that Bitcoin decreased from a high of $58,274 on Feb. 21 to a low of $47,622 during the early hours on Monday before buyers returned to lift…

Stablecoins Can Temper US Dollar Hegemony Risks, Says Non-Profit Exec
Stablecoins have the potential to temper the systemic threats posed by the United States dollar’s domination of global foreign currency reserves, according to an opinion piece published by the World Economic Forum (WEF). The argument was made by the Fusion Foundation’s John Liu and Lapa Capital’s Peter Lyons in an article published on the WEF’s Agenda…

This blockchain only needs 22Kb of data to be verified
Mina applies zk-SNARKs to Cardano's Ouroboros consensus to achieve scalability and decentralization. Mina aspires to be the world’s tiniest blockchain, with claims that its protocol maintains a constant size of around 22 KBs. This is ostensibly achieved by using recursive zk-SNARKs — the same technology that is used by the privacy-centric cryptocurrency, Zcash (ZEC). However, whereas the latter…

Hitachi Solutions introduces Web3 development for enterprises
Hitachi is not a leading light in the Japanese blockchain, but it's catching up with a comprehensive Web3 development package.

Raydium exploiter moves $2.7M to crypto mixer Tornado Cash
The hackers sent 1,774.5 Ether to the sanctioned cryptocurrency mixer weeks after the DeFi protocol exploit. 167 Total views 11 Total shares Own this piece of history Collect this article as an NFTIn an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount…

Price analysis 6/30: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
Bitcoin price staged a mild resurgence at the start of this week but data from Glassnode suggests that its new BTC investors who came late to the party and are dumping their positions in a panic.This transfer of crypto assets from speculators or momentum chasers to long-term investors is a positive sign. This lays the groundwork…

NFT marketplace OpenSea to disable royalty enforcement tool
OpenSea’s royalty enforcement tool Operator Filter is going to be turned off, according to the NFT marketplace’s founder and CEO, Devin Finzer. 116 Total views 1 Total shares Nonfungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — that allows creators to blacklist NFT marketplaces that don’t enforce royalties.…