ConsenSys is beginning to onboard partners to their Linea network, which has generated substantial scaling milestones in testing. And this is great news for the Ethereum ecosystem as a whole. Linea is a layer-2 scaling network for Ethereum that facilitates the creation of, and migration to, decentralized applications. It uses
On Monday, the total amount staked hit about $45 billion, representing nearly 20% of all Ethereum in circulation. This landmark achievement perfectly encapsulates the growth of Ethereum. Tokens are pledged to the network so that they will remain secure in exchange for financial compensation. According to a dashboard built by
In a noteworthy development, a sizable transaction involving 26,017 Ethereum (ETH) has caught the attention of the cryptocurrency market. The transaction, valued at approximately $50,468,910, saw the transfer of ETH from an unknown wallet to Coinbase. The move, which was flagged by the blockchain analytics platform Whale Alert, signals heightened
Bitcoin (BTC) and Ethereum (ETH) the crypto giants in the market showing positive momentum with significant price rally. The king of the global crypto market Bitcoin crossed an impressive $31,350 range. Similarly, the second largest cryptocurrency Ethereum nearing the $2K mark. The surge in Bitcoin’s price can be attributed to
Ethereum is consistently making headlines. However, an often-overlooked component substantially contributes to the sidechain network, Polygon. As per reports, Polygon’s Proof of Stake (POS) mechanism is advancing rapidly, with imminent plans to upgrade to a Zero-Knowledge Validium. Significantly, the Total Transactions per Second (TPS) of the Ethereum ecosystem has reached
Bitcoin’s dominance is currently 49.26%, which experienced a decrease of 0.31% in 24 hours over the day. This sent shockwaves to Bitcoiners, as the cryptocurrency has been facing a downtrend in the past week. Meanwhile, just like when the lion sleeps and other wild animals roam the forest liberally, the
After a significant attack that compromised more than 57 assets across many blockchain platforms on Sunday, July 2, Poly Network temporarily shut down its operations. Poly Network, an interoperability platform, was severely hacked over the weekend when an attacker used a flaw in the cross-chain bridge protocol to generate billions
Vitalik Buterin, one of Ethereum’s founders, has said that he does not stake all of his Ether since multisignature wallets are “complicated in a bunch of ways.” Buterin explained the “biggest reason” he is only staking a tiny portion of his ETH on the June 29 edition of the Bankless
In the first quarter of the year, the Crypto market experienced remarkable growth and evolution, outperforming traditional assets. The crypto market has gained massive attention, which has increased institutional adoption. It demonstrates their potential as a haven in the face of impending monetary policy changes and ripples in the banking
Dior, the high-end fashion label, has introduced a new collection of men’s sneakers that come with their own non-fungible token (NFT) and utilize the Ethereum network. Dior announced in a tweet on Friday that Kim Jones, creative director of Dior Menswear, created a pair of trainers dubbed the B33 for
