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“Interestingly, it is not decentralized finance (DeFi) applications nor non-fungible token (NFT) marketplaces driving the surge in Base's activity. Instead, a significant portion of usage can be attributed to a new social application, FriendTech,” said Lucas Outumuro, head of research at IntoTheBlock. Source
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Criticisms aimed at the perceived centralization of Ethereum (ETH) staking pools may finally be quelled by an alternative staking infrastructure that aims to improve private key security and reduce validator down times and slashing penalties.Speaking exclusively to Cointelegraph, SSV.network founder Alon Muroch outlined how the platform's distributed validator technology (DVT) developed
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Bitcoin (BTC) hit new September highs after the Sep. 14 daily close as markets digested macroeconomic and crypto industry news.BTC/USD 1-hour chart. Source: TradingViewTrader: Bitcoin market "feels different"Data from Cointelegraph Markets Pro and TradingView tracked overnight BTC price highs of $26,535 on Bitstamp.The largest cryptocurrency had shaken off higher-than-expected United
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The BNB Chain blockchain ecosystem is set to tap into Optimism's rollup technology powering its newly launched opBNB layer 2 scaling platform.BNB Chain announced the public mainnet launch of its Ethereum Virtual Machine (EVM) compatible L2, which delivers lower gas fees and faster transactions to decentralized applications running within the
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Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (BTC), now trades at just 17% below BTC price parity.The latest data from monitoring resource CoinGlass confirms that as of Sep. 9, GBTC shares traded at 17.17% less than BTC/USD.GBTC retraces nearly two years of lossesBitcoin’s largest institutional investment vehicle, GBTC has
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Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade.Avalanche is currently testing a framework for building high-performance Virtual Machines (VMs) from scratch on the network. According to Ava Labs, HyperSDK is structured so that developers can “plug
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Bitcoin (BTC) hugged a key long-term trendline on Sep. 7 as U.S. dollar strength hit its highest in six months.BTC/USD 1-hour chart. Source: TradingViewBitcoin vs. 200-week moving average forms "million dollar question"Data from Cryptox Markets Pro and TradingView showed BTC price moves focusing on the area around $25,700.Conditions were less
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Crypto spot trading is at its lowest level since March 2019, according to digital assets data provider CCData, shedding some light on the soporific state of the market. Spot trading volume on centralized exchanges fell 7.78% to $475 billion in August, while volume in derivatives fell over 12% to $1.62
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The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the one million mark in a meteoric rise since its relaunch. The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 900,000 wallets
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The USD Coin (USDC) market cap is currently at a two-year low, with analysts saying it’s yet to fully recover after depegging earlier in the year. Data from CoinGecko shows that USDC has a market value just
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