Fan token firm Chiliz grows staff by 70% despite crypto winter
Scalability is one of the possible reasons for the fun token industry to grow despite the ongoing bear market, according to Chiliz and Socios CEO. Go to Source Powered by WPeMatico
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Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, … Read more
Algorand upgrade boosts speed, adds trustless cross-chain communication
Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade. Go to Source Powered by WPeMatico
Helium devs propose ditching its own blockchain for Solana
The transition to Solana would improve network scalability, which in turn would bring “significant economies of scale” to the network, according to Helium core devs. Go to Source Powered by WPeMatico
Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us. Go to Source Powered by WPeMatico
Ethereum will outpace Visa with zkEVM rollups, says Polygon co-founder
A new scaling solution, zkEVM rollups, could allow Ethereum to overcome Visa in terms of transaction throughput, says Polygon co-founder Mihailo Bjelic. Go to Source Powered by WPeMatico
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
Ethereum’s imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin. Go to Source Powered by WPeMatico
Bitcoin is for billions: Fedimint on scaling BTC in the global south
A community custody protocol, Fedimint wants to scale the Bitcoin network to a billion users located in the global south. Go to Source Powered by WPeMatico
Time to accumulate? 5 sectors to watch during crypto winter
Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation. Go to Source Powered by WPeMatico
3 reasons why Polygon (MATIC) is up 100%+ during a bear market
Steady adoption and internal growth back MATIC’s 118% gain, even as most altcoins struggle to hold on to their short-term gains. Go to Source Powered by WPeMatico
