On May 19th, Jay Yao, a consultant working on the Paraspace NFT protocol, resigned from his job in the firm amid the ongoing controversy about the locations of the protocol’s funding. The missing funds and a storm of CEO and consultant charges against one another made headlines last week over
Polygon Network, a platform to build and scale decentralized applications and projects, emerges as the most popular blockchain for Web3 adoption by major brands. It became the go-to place for companies seeking to enter Web3 by surpassing Ethereum. In 2022, Ethereum was the most popular destination for major brands. The
Polygon’s zkEVM, the Zero-Knowledge Ethereum Virtual Machine, has witnessed an extraordinary surge in Total Value Locked (TVL) and transaction volume, signaling remarkable growth for the network. This surge brings forth several significant advantages, including reduced fees and accelerated adoption of decentralized finance (DeFi) protocols. Growth and transaction volume on Polygon
A groundbreaking development in the world of crypto transactions has been introduced. Notably, a new method of buying and selling Ethereum (ETH) has emerged, promising an unprecedented feature – zero fees. Moreover, the innovation has the potential to revolutionize the way individuals engage with and transact in the popular crypto.
Lido, one of the leading liquid staking platforms, now allows users to withdraw ETH that has been staked. The change occurred on May 15 when Lido released the V2 update to the mainnet. This is the biggest protocol improvement to date, and it consists of two parts. The most noticeable
Aragon is conducting a favorable vote, announcing their official decision to implement the eagerly anticipated Lido on Ethereum (ETH) V2 upgrade. 📢 The Aragon vote to implement the Lido on Ethereum V2 upgrade is now live! 📢 You can cast your vote on Lido’s most important upgrade to date here:
Ethereum is the second biggest blockchain in terms of total cryptocurrency market capitalization, but it had a technical snag on Friday that prevented its network from finalizing blocks for almost an hour. According to the Ethereum Foundation, a block cannot be changed or deleted from the blockchain without burning at
The cryptocurrency world is witnessing a groundbreaking development. Google now provides instant access to Ethereum (ETH) balances directly within its search results. This game-changing feature revolutionizes the way cryptocurrency users interact with their digital assets. By simply searching for an Ethereum address on Google, users can now view their Ethereum
MetaMask, a supplier of crypto wallets and DApps, has begun enabling Ether transactions using PayPal for customers in the United States, one of its largest markets. To facilitate Ether transactions, the business claims to be the first Web3 wallet to integrate with PayPal. #DYK MetaMask🦊 is the first web3 wallet
As on May 18, 2023, Binance will reduce the time it takes to process withdrawal requests for ETH Staking from 15 days down to just five. While this change should boost staked Ethereum user convenience and adoption. It raises the question of whether the increased selling pressure on the ETH
