Layer 2 scaling methods employ Optimistic Rollups or ZK-Rollups. Data sharding may be the long-term answer to rollup flaws. This week, Vitalik Buterin and Ansgar Dietrichs co-authored EIP-4488, which proposes to reduce the gas prices associated with Ethereum Layer 2 scaling solutions. The concept, meant to help alleviate rising gas
WazirX’s exchange hit 10 million users this year. Compared crypto to the 17th century Tulip mania. With few exclusions, India’s proposed ban on private cryptocurrencies triggered significant panic selling on Tuesday night, crashing India’s largest crypto exchange, WazirX. WazirX CEO Nischal Shetty told BusinessToday. Due to high user activity after
The ontology includes ONT ID, a mobile digital ID application, and DID use. DeFi yields are increased for Curve liquidity suppliers and CRV stakes. Let us look at the top 3 Projects with a Market Capitalization of $620M – $850M as of 19 November 2021 as per CryptoDep. dYdX (DYDX)
Celer will release a white-label frontend SDK. Optimistic rollups are incompatible with Ethereum L1 and each other. Celer‘s cBridge bridges the gap created by next-generation L2 solutions. Despite their strong scalability advantages for generic smart contracts, optimistic rollups are incompatible with Ethereum L1 and each other. The 1-week delay window
Evrynet is pro ud to announce it will join the Stanford Future of Digital Currency Initiative (FDCI) as a member. Evrynet joins other members such as IBM, Ripple, Celo, and others to help develop universal digital currency APIs. Moreover, the SPEEDEX technology will make its way to Evry.Finance’s decentralized exchange
Unizen has announced its partnership with Geometric (GEC) to launch DOGE-1, the first crypto-funded mission to the moon. Along with Unizen, a leading smart exchange platform, ZenX, CeDeFi incubator also joins the partnership with GEC. Consequently, the CEO of Unizen and ZenX, Sean Noga shares that GEC’s team is truly
OpenOcean Atlantic, the long-awaited upgrade of OpenOcean, will go live on the Ethereum network today, November 1, 2021. Users will benefit from maximum returns on swap rates that blow other DEX aggregators out of the water. In addition, OpenOcean prides itself on transparency regarding trading fees and providing an optimal
TFS Tokens reflect a user’s claim on deposited assets and may be redeemed at will. The system uses two assets: the Frax (FRAX) stablecoin and the Frax Shares (FXS). The crypto market is never dull. However, FXS, a governance token of a lesser-known fractional-algorithmic stablecoin protocol, Frax, has risen by
XDEFI Wallet, the browser wallet built for speed, announced today its integration with Terra, the 4th largest blockchain ecosystem by total value locked (TVL). While the integration was live for a number of weeks and undergoing testing, it is now live to all XDEFI Wallet users. Émile Dubié, CEO and
DeFi developer Broxus has announced that their planned FreeTON Bridge DAO will be activated at the end of October. The DAO will boost second-layer ecosystem development, including expansion of the FreeTON Bridge’s multichain structure. Bridges in DeFi act as links between different independent blockchains. This can be crucial given how fractured the industry is
