Cryptocurrency Analysis and News Portal
Cross-chain liquidity protocol THORChain has paused its network due to new claims of a potential network vulnerability.THORChain took to Twitter on March 28 to announce that it has halted all trading amid reports on a potential vulnerability with a THORChain dependency that may affect the network. The decision was taken
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According to reports, the Polygon zkEVM Mainnet Beta offers lower gas fees and could see wider adoption of Ethereum scaling technology. The Polygon zkEVM Mainnet Beta went live on Monday, March 27th, facilitating the deployment of smart contracts with increased finality and reduced costs. The release of the zero-knowledge Ethereum Virtual Machine beta
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As part of the ceremony of the announcement, according to the Polygon team, Vitalik Buterin, the co-founder of the Ethereum blockchain, will initiate the first transaction on the new zkEVM, and it will be livestreamed at ETHGlobal at 4:30 p.m. Central European Time (10:30 a.m. ET). Source
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Polygon has released its open-source zkEVM Ethereum scaling technology to the mainnet, promising reduced transaction costs and increased throughput of smart contract deployments.Polygon’s zkEVM is a zero-knowledge rollup (ZK-rollups) scaling solution equivalent to the Ethereum Virtual Machine. ZK-rollups increase throughput on Ethereum’s blockchain by batching computations and state storage to
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ZKSync, an Ethereum layer-2 scaling solution, debuts its alpha mainnet to reduce congestion and improve transaction throughput. The ethereum (ETH) ecosystem witnesses a significant development as the alpha mainnet of ZKSync, a Layer 2 scaling solution, is officially launched. ZKSync aims to alleviate network congestion and bolster transaction throughput on ethereum
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Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker and Curve, are set to launch March 24 on zero-knowledge proof roll-up zkSync Era.The Ethereum layer 2 scaling network has finally opened to users in alpha after four years in development, enabling faster and cheaper transactions. It is the first
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In the wake of the spectacular failure of centralized exchanges such as FTX, both crypto natives and investors have increased their focus on decentralized finance (DeFi) and security. Quasar is aiming to address these issues by creating a dedicated layer 1 protocol that will allow investors to deposit funds into
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Ethereum (ETH) stakeholders are looking forward to the Shanghai Capella Upgrade that will take place on the Ethereum mainnet in April 2023. As a result, the total value locked (TVL) on the liquid staking platform Lido Finance has significantly increased. This increase in ETH holders can be attributed to anticipating the release
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Ethereum recently concluded its final dress rehearsal, dubbed Shapella, on the Goerli testnet en route to its mainnet upgrade. The Ethereum Shapella upgrade is on course for launch following its successful activation on the Goerli testnet. According to reports, this development is in the final phase before the upgrade goes live on the mainnet. With the
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The arrival of the Filecoin Virtual Machine on the mainnet presents a slew of rewarding opportunities to developers. The Filecoin Virtual Machine (FVM) recently went live on the mainnet, with the payment system’s blockchain now supporting added features. These features include smart contracts and user programmability through the Filecoin
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