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The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software. Go to Source Powered by WPeMatico
The testnet must perform the Bedrock upgrade and go through audits and stability tests before mainnet launch. Go to Source Powered by WPeMatico
The much-needed upgrade will provide a number of improvements across the network, and come at a time when competition in the layer 2 space has been heating up. Go to Source Powered by WPeMatico
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights a substantial surge in the costs … Read more
Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the collapse of three major U.S. banks and the expected seizure of First Republic Bank by the federal government. Despite the potential challenges, Munger emphasized that the … Read more
Arbitrum is relatively cheaper versus its top Ethereum L2 rival, Optimism, which may lead to a rise in ARB price over the next few months. Go to Source Powered by WPeMatico
“Lightning is great and something we’ll integrate,” Armstrong said in response to an allegation that he was “ignoring” the network. Go to Source Powered by WPeMatico
In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours. L2 Network Arbitrum Records 2.72 Million Transactions … Read more
As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP’s classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed regulatory clarity, which could ultimately promote growth and stability throughout the sector. … Read more
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the … Read more
