Ethereum (ETH) is complete Dencun, a major software upgrade that makes leveraging the network ecosystem more cost-effective. The update specifically targets layer 2 (L2) networks interconnected with Ethereum, such as Arbitrum (ARB), Polygon (MATIC), and Coinbase Base. With Dencun, transaction costs on these networks have been significantly reduced, with fees dropping from dollars to cents or even pennies. Ethereum Dencun Upgrade and Cost Savings Considered the most significant change to Ethereum’s end-user experience, the Dencun upgrade is expected to significantly reduce costs, thereby facilitating the development of new applications and services. NewsBTC reported Tuesday’s update introduced a new data storage…
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SecondLive has been introduced to the Blast mainnet, a landmark moment and will be celebrated with three special activities related to the $BEAN token and NFTs, bolstered by upcoming incentives. The first activity involves clocking on the Blast Mainnet. The second activity is to claim a special Blast mainnet badge NFT, and the third activity is to issue a Blast mainnet commemorative uniform NFT. SecondLive is known for developing AI-based tools and frameworks that allow users to easily build open metaverses. Over the past two years, SecondLive has brought together an international community of more than 2 million members. With…
The Solana network is experiencing growing pains due to the surge in user activity, which can lead to several threats. Tristan Frizza, co-founder and CEO of Zeta Markets, spoke to crypto.news about the recent congestion affecting Solana and the potential threats and solutions awaiting the cryptocurrency industry in the future. “Jito’s recent decision to shut down its meme pool service to combat rampant sandwich attacks that can drive swap prices to bad for users shows that this is a huge problem for users.” Tristan Frizza, CEO of Zeta Markets Frizza claims that the Solana blockchain network is experiencing growing pains…
Bitcoin BTC -1.11% The ETF had significantly higher flows and assets than most predicted prior to launch, which Its unparalleled success has analysts speculating just how high it could rise.With Grayscale’s flagship Bitcoin Trust converting with assets, the 11 spot Bitcoin ETFs, which started with $28.9 billion in assets at launch, now have a combined AUM of $61 billion. Due to massive inflows and rising Bitcoin prices, it is heading towards the size of a gold ETF with a total AUM of approximately $97 billion.“They will pass a gold ETF at some point. That would be a big deal,” Bloomberg…
Hong Kong’s SFC has issued a public warning about the unlicensed virtual asset trading platform Bybit, urging potential investors to be cautious. Hong Kong’s Securities and Futures Commission (SFC) today issued a stern warning to the public about an unlicensed virtual asset trading platform (VATP) known as Bybit. The SFC advised potential investors to exercise caution when dealing with platforms that are not licensed or registered in Hong Kong to conduct regulated activities related to virtual assets.It is worth noting that on February 1, 2024, Bybit submitted an application for a virtual asset trading operator license to the Hong Kong…
In an ever-evolving technology and cryptocurrency landscape, it’s important to stay informed and connected. With the emergence of platforms like CodeCrusade, enthusiasts and experts alike have found a haven to explore, learn, and engage with the vast world of technology and cryptocurrency. CodeCrusade is more than just a platform. This is a community-driven initiative that empowers individuals to further explore areas of coding, blockchain, cryptocurrency, and more. Let’s begin our journey to discover the wonders that CodeCrusade has to offer and how it serves as a gateway to the world of technology and cryptocurrency.About CodeCrusadeCodeCrusade is no ordinary technology platform.…
As the Solana meme coin craze takes over the cryptocurrency market, FOMO investors are asking, “What’s the next Shiba Inu?” In this article, we’ll cover an expert’s in-depth analysis of the 7 best meme coins to buy now and learn how to supercharge your assets. Cryptocurrency portfolio for the 2024 bull market today. The Meme market has witnessed explosive price fluctuations so far in 2024. Cryptocurrency markets have seen a sharp surge in the Solana meme coin as trading volumes shift away from Ethereum due to increasingly high gas fees. But with the cryptocurrency industry in crisis this week, awaiting…
Binance issued a compliance statement saying its executives were detained in Nigeria and will remain in custody until at least March 20. With two Binance executives detained in Nigeria for a second straight week without being publicly charged, the cryptocurrency exchange issued a blog post on March 13 highlighting its commitment to comply with local laws and regulations. In the post, Binance said it has been cooperating with Nigerian law enforcement agencies, including the Nigeria Police and the Economic and Financial Crimes Commission, since at least June 2020, highlighting its commitment to fostering the responsible growth of the Nigerian cryptocurrency…
Transaction fees on various Ethereum layer 2 networks such as Base, StarkNet, and Optimism have decreased significantly since the implementation of the Dencun upgrade.The Dencun upgrade was released yesterday. There have been months of anticipation within the cryptocurrency community. The upgrade, described as the most “complex fork” since Ethereum transitioned to a proof-of-stake network, introduced a new transaction type called Blob for layer 2 networks.Dencun has launched Ethereum ‘blobs’, a temporary data storage mechanism that significantly reduces transaction fees and improves throughput on layer 2 networks by allowing a more efficient and cost-effective way to publish rolled-up data. This data…
join us telegram A channel to stay up to date on breaking news coverage Aevo prices jumped 7% to trade at $3.01 as of 04:50 EST. Aevo is the first derivatives layer 2 (L2) network focused on options and perpetual trading. It is built on top of the Ethereum blockchain and is supported by Coinbase Exchange as an investor. The surge in Aevo’s price follows its listing on the Binance exchange, the largest trading platform by market capitalization. Aevo is live @Binance — Evo (@aevoxyz) March 13, 2024 This comes just a few days after Binance Launchpool mounted AEVO for…