Decentralized apps on Polygon hit 37,000, rocketing 400% this year
The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022. The Polygon team shared the figures via an Aug. 10 blog post, which was sourced from...
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Optimism TVL surges nearly 300% M/M ahead of The Merge upgrade
According to data from DefiLlama, total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has surged 284% in the past month. The vast majority of TVL consists of users lending and borrowing assets on...
Bitcoin price sees $24K, Ethereum hits 2-month high as US inflation shrinks
Bitcoin (BTC) regained $24,000 but failed to hit new multi-month highs on Aug. 10 as United States inflation appeared to be slowing.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI cuts risk assets much-needed slackData from...
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Tether also confirms its throwing weight behind the post-Merge Ethereum
Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a Proof-of-Stake (PoS) consensus...
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Circle plans to only support Ethereum PoS chain after Merge is complete
On Tuesday, Circle, the issuer of the USD Coin (USDC) stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the much-anticipated Merge upgrade. The firm views the Merge as an important...
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Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report
Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report. Said inflows reached $16.3 million last week, adding to a total of...
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F2Pool co-founder responds to allegations it’s cheating the Ethereum POW system
F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards."The allegations came from an Aug. 5 paper from researchers at The...
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White hat hackers have returned $32.6M worth of tokens to Nomad bridge
Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The vast majority of...
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Vitalik Buterin proposes stealth addresses for anonymous NFT ownership
Ethereum co-founder Vitalik Buterin has suggested there may be a “low-tech approach” to incorporating privacy features into nonfungible token, or NFT, transactions.In a Monday post on the Ethereum research channel, Buterin implied Merkle...
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Chainlink ditches Ethereum PoW forks for PoS after The Merge
Chainlink is aligning itself with the decision of the Ethereum Foundation and its community. Therefore forked versions of the Ethereum (ETH) blockchain, which includes PoW forks, will no longer be supported by the Chainlink (LINK) protocol...
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Layer-2 scaling will make crypto payments ‘make sense’ again — KBW 2022
Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again “make sense” as transaction costs will soon fall to fractions of a cent due to layer-2 rollups.The Cointelegraph team currently on the ground at Korea...
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60 million NFTs could be minted in a single transaction: StarkWare founder
Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.The zkSTARK co-inventor made the...
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Once-hacked for $77M, Beanstalk’s algo stablecoin protocol relaunches
Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a devastating $77 million governance exploit.The protocol and its governance have been paused...
Lees het volledige bericht Once-hacked for $77M, Beanstalk's...
Ethereum price rises by 50% against Bitcoin in one month — but there’s a catch
Ether (ETH), Ethereum's native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, "the Merge," grows.ETH at multi-month highs against BTCOn the daily chart, ETH/BTC surged to an intraday...
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Centralized USDC could decide the future of contentious ETH hard forks
Ethereum co-founder Vitalik Buterin says that centralized stablecoins such as Tether (USDT) and USD Coin (USDC) could become “a significant decider in future contentious hard forks.”Buterin was speaking at the BUIDL Asia conference in Seoul...
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Nansen admits neglecting DeFi plans during the NFT craze
Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum (ETH) blockchain analytics platform Nansen has continued to report impressive growth numbers.CEO and co-founder Alex Svanevik recently spoke about Nansen’s...
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3 key Ethereum derivatives metrics suggest $1,600 ETH support lacks strength
Ether (ETH) price is up 60% since May 3, outperforming leading cryptocurrency Bitcoin (BTC) by 32% over that span. However, evidence suggests the current $1,600 support lacks strength as network use and smart contract deposit metrics weakened....
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Koersen van ApeCoin, ENS, UNI en Optimism schieten omhoog
Vandaag zien we verschillende altcoin koersen met omhoog schieten. Op dit moment zijn de beste altcoins ApeCoin, Ethereum Name Servce, Uniswap en Optimism. In de afgelopen 24 uur zijn de koersen...
Lees het volledige bericht: Koersen van ApeCoin, ENS, UNI...
Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report
Despite crypto market turbulence, active contributors across Bitcoin, Ethereum, and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report.The findings come from an August 2 report...
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Crypto users spent $2.7B minting NFTs in first half of 2022: Report
According to new market research published by blockchain data firm Nansen, crypto users spent 963,227 Ether (ETH), worth $2.7 billion, minting nonfungible tokens (NFTs) on the Ethereum blockchain in the first half of 2022. An overwhelming...
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