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Aave DAO Launches GHO Stablecoin on Arbitrum Network

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Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP). Aave DAO … Read more

Onchain Fees for Bitcoin Drop to Six-Month Low

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Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows Not Seen Since November 2023 Transferring BTC onchain is now … Read more

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

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Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. … Read more

Input-Output Global Devs Reveal Cardano’s Vasil Hard Fork Is Scheduled for September 22

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While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS). Cardano Devs to Launch Vasil on Mainnet … Read more

Amid Ethereum’s Merge, Cardano Founder Charles Hoskinson Says ADA’s Vasil Fork Is Coming Soon

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Cardano founder Charles Hoskinson detailed on Friday that the Vasil hard fork is coming soon and noted that it may occur “sometime in September.” The crypto asset’s upgrade has been overshadowed by the upcoming Ethereum upgrade called The Merge. Vasil Hard Fork Due ‘Sometime in September,’ Input-Output Global’s Charles Hoskinson Says The proof-of-stake (PoS) blockchain … Read more

Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June

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During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities. Moreover, according to a poll involving 24,468 crypto enthusiasts, cardano is predicted to reach … Read more