Base, a prominent layer 2 Ethereum scaling solution, led Uniswap’s activity, setting a new trading volume milestone of $1.21 billion on the decentralized exchange. According to Dune, the underlying layer-2 Ethereum network developed by Coinbase saw trading volume on decentralized exchanges (DEXs) hit an unprecedented high of $1.21 billion on March 30. This is a 25% increase compared to $959.63 million the previous day. Most of this volume was facilitated by Uniswap, one of the leading decentralized exchanges in the cryptocurrency market. This surge in transaction volume signals growing interest in and trust in layer 2 solutions as a viable…
Author: Crypto Flexs
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This blog post provides an update on findings following the discovery of a storage corruption bug last week. In summary, the bug was much less severe than initially thought. The small number of affected contracts we discovered may only be exploitable by the owner, or the exploit may only break the user interface and not the actual contract logic. All of the exploitable contracts/dapps we have reviewed can be modified without upgrading the contract itself. Of course, you should still check the contract for safety. After discovering a storage corruption bug in the Solidity compiler and recognizing that it could…
Dmail Network has partnered with BridgeM, the leading cross-chain bridge connecting the Bitcoin and Inscription ecosystems with Manta. It provides a direct communication link between the project and subscribers through a secure wallet and DID connected to the Dmail app. BridgeM joins the big league of Dmail Subscription Hub with this strategic partnership, a breakthrough in improving cross-chain liquidity. Dmail Network has set a unique standard for blockchain communications with approximately 9 million users and 160 million message transactions. Subscription hubs, shortened to SubHub, are essential for improving user engagement within blockchain communities. BridgeM serves as the perfect gateway between…
Market • April 1, 2024, 11:44 AM EDT Posted 1 minute ago In ~ According to CoinShares analyst James Butterfill, cryptocurrency-based investment vehicles rebounded significantly last week with net inflows of $862 million. Data has been published At X.Last week, funds managed by asset managers including BlackRock, Fidelity and Grayscale reported record outflows of $942 million, CoinShares said at the time.With net inflows increasing last week and the price of Bitcoin rising above $70,000 for most of last week, total assets under management across all cryptocurrency funds tracked by CoinShares reached $97.9 billion. Weekly cryptocurrency asset flows. Image: CoinShares. Capital…
Marc Boiron questions the need for Layer 3 networks.Polygon CEO Marc Boiron sparked a debate on social media platform X (formerly Twitter) regarding the role and necessity of layer 3 (L3) networks in the Ethereum ecosystem. Boiron argues that L3, built on top of a layer 2 (L2) network, is primarily responsible for converting value on the Ethereum mainnet.Let me say the quiet part out loud. L3 exists solely to pull value from Ethereum and the L2 on which it is built. *No L3 required for scaling*This is why Polygon Labs doesn’t work with L3.— Marc Boyron (@0xMarcB) March 31,…
The explosive growth of Degen Chain has sparked debate about the usefulness of L3. Polygon Chief argues that L3 could compromise the security and value of Ethereum. Polygon (MATIC) CEO Marc Boiron expressed doubts about Ethereum (ETH) Layer 3 (L3) and highlighted its risks. Boiron writes his thoughts on X (formerly Twitter) decided L3 siphons value from Ethereum to the underlying L2. “Let me say the quiet part out loud. L3 exists solely to pull value from Ethereum and the L2 on which it is built. (No need for L3 for expansion). This is why Polygon Labs does not work…
Mid-March is approaching and Livespins is thinking, “What better time to have an interstellar space race?” I mean, I firmly believe that we are put on God’s green earth for a reason. And it stays there. Don’t be brave enough to wander around exploring whatever lies beyond. What I care about is not what’s on the other side, but getting there. Please tell us how people navigate bathroom situations in zero gravity. Let’s just say it’s going to take a lot of persuasion, like calming darts. But when you play Livespins’ Interstellar Space Race, you won’t need any convincing. Because…
Messaging app Telegram allows users to buy ads using Toncoin (TON) through a revenue-sharing program that rewards channel owners.According to an announcement yesterday, Telegram users will be able to purchase ads on the platform to promote their bots and channels, with budgets starting from “a handful of Toncoins.”Advertisers can choose the exact channels on which their Telegram ads appear, and channel owners with more than 1,000 subscribers will receive 50% of the revenue generated from advertisements shown on their channels.The launch of Toncoin payments for advertising on the platform follows Telegram’s announcement of an advertising revenue sharing program earlier this…
House Republicans’ push for anti-central bank digital currency legislation could hinder bipartisan support for stablecoin legislation, according to investment bank TD Cowen. The Anti-CBDC Surveillance Act, introduced last year by House Majority Leader Tom Emmer (R-Minn.), would block the Federal Reserve from issuing CBDCs directly to individuals. bill advanced Last September, he voluntarily withdrew from the House Financial Services Committee amid harsh criticism from Democrats. People close to the situation said House conservatives are discussing potentially voting on a CBDC bill along with a long-awaited stablecoin bill. Politico. Rep. Emmer did not immediately respond to a request for comment on…