Ethereum sees first consecutive week of deflationary issuance
More than $65 million worth of ETH is currently being burnt daily by the Ethereum network. Go to Source Powered by WPeMatico
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Video Game Retail Giant Gamestop Seeks a Senior Engineer for Blockchain NFT Platform
The American video game, consumer electronics, and gaming merchandise retailer, Gamestop, is seeking a non-fungible token (NFT)-focused senior software engineer, according to a new job listing. Similar to the recent job listing stemming from the social media services company Reddit, the retail giant Gamestop seems to be building an NFT marketplace. Gamestop Looks to Hire … Read more
Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23
Layer-two’s surge to new heights, Bitcoin and DeFi EFT applications and Sushi’s mistaken bug — all coming to you this week in Finance Redefined. Go to Source Powered by WPeMatico
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees have subsided to a … Read more
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live, Offchain Labs Raises $120 Million in Funding … Read more
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch users.” 1inch to Use the L2 Solution Optimistic Rollups via Optimism Gateway Ever … Read more
Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points
“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet. Go to Source Powered by WPeMatico
EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers
EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how the company’s protocol helps ethereum transaction fees become more affordable and it enables the … Read more
How stablecoins stay stable, explained
Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar. Go to Source Powered by WPeMatico
Nervos and CMB International launch $50M blockchain, DeFi and NFT fund
China’s leading blockchain network to fund startups willing to develop on it. Go to Source Powered by WPeMatico
