The cryptocurrency industry has witnessed an explosion of Layer 1 (L1) solutions, each offering unique promises of scalability, decentralization, and improved user experience. Yet, despite the rise in L1 platforms, many of the same challenges […]
Key Takeaways Polygon has announced its first fully Ethereum-compatible Layer 2 network, Polygon zkEVM. Polygon zkEVM will use Zero-Knowledge Rollups to offer lower transaction fees than Ethereum mainnet. The Layer 2 network will be compatible […]
Solana’s DEX volume has lost nearly $700 million since Monday. The downside follows comments from its co-founder criticizing meme tokens and NFTs. The remarks sparked debates, especially since meme cryptos have fueled Solana’s growth. The […]
Following a $2 million exploit, liquid restaking protocol Bedrock is integrating Chainlink Proof of Reserve. Such security measures will be necessary to maintain investor confidence during Bedrock’s growth. Bedrock to Tighten Minting Protocols with Chainlink […]
ENA has gained more than 16% in the previous 24 hours. Ethena’s total value locked tops $8B after a 50% monthly increase. Bullish sentiments around the project fuel the upside. While cryptocurrencies remained relatively calm […]
Key Takeaways Cardano’s technical manager Kevin Hammon has said that there could be “a few more weeks” before the network launches its Vasil upgrade. Vasil is Cardano’s most complex upgrade to date, aimed at improving […]
io.net, a prominent GPU technology leader, has partnered with Zero1 Labs, a decentralized AI platform. The collaboration seeks to enhance decentralized AI (DeAI) by making it faster, more cost-effective, and accessible for developers. GPU Network […]
Businesses can now accept over 100 cryptocurrencies with near-instant conversions. Pay with Crypto reduces transaction costs by up to 90%. US merchants are now connected to a $4T market and over 650M crypto users Indeed, […]
There has been a major uplift in the Web3 metaverse space, with several tokens recording significant highs in November. Here are some of the most notable developments in the metaverse crypto scene: Decentraland launched its […]
Key Takeaways Arbitrum has launched a second Ethereum Layer 2 chain called Arbitrum Nova. Arbitrum developer Offchain Labs has said that the new chain is optimized for low-cost and high-transaction volume use cases like gaming […]
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