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…
Author: Crypto Flexs
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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…
Memecoin market capitalization has increased by more than 9% in the past 24 hours, significantly outperforming the rest of the cryptocurrency market, which has seen a slight decline of more than 0.2% over the same period.CoinGecko The top five memecoins by market capitalization in the memecoin market capitalization category account for approximately 35% of the total memecoin market cap of $66 billion. Among the top 5 memecoins, dogwifhat reached an all-time high in the most impressive rally of the last 24 hours. According to The Block’s pricing page, the coin is trading at $3.18, up more than 42% in the…
The HKMA has launched the second phase of its e-HKD pilot program, which focuses on the tokenization and programmability of digital currencies. The Hong Kong Monetary Authority (HKMA) has announced the launch of Phase 2 of the e-HKD pilot program. This marks a significant step forward in the exploration and potential adoption of central bank digital currencies (CBDCs) in Hong Kong. This development comes as part of a broader global effort to understand and integrate digital currencies within the financial system and signals Hong Kong’s commitment to fostering innovation in the monetary landscape. In October 2023, HKMA concluded the first…
A widely respected analyst is expressing bullish sentiments about major Ethereum (ETH) rivals as the overall cryptocurrency market cap approaches $3 trillion. Analyst known by the pseudonym Bluntz says 247,200 followers on social media platform “Solana seems to have been accumulating vertically since the low on January 23. I think the floodgates will open soon.” Solana is trading at $152 at the time of this writing, approximately 591% higher than its closing price of $22 on October 14, 2023. Next is dogwifhat (WIF), a memecoin based on Solana. Depending on the For Bluntz, who regularly applies Elliott Wave Theory to…
It’s a “crazy” time of year once again, with 68 of the best college basketball teams in the country competing for the NCAA Championship. With tournaments heating up throughout the month, you’ll enjoy some thrilling, fast-paced action on the court. You’ve filled out your bracket, and it’s exciting to see these amazing young athletes put on a show. However, some finishing touches are needed to properly display your event.Whether you’re looking for food for a crowd during a marathon tripleheader, new licensed gear to help you cheer on your favorite team, or a college basketball video game to give you…
BNB Chain seeks to expand the L2 ecosystem. Introducing RaaS to Simplify Building New L2 Blockchains – Chainwire housenewsroomBNB Chain seeks to expand the L2 ecosystem. Introducing RaaS to simplify building new L2 blockchains We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of…
Note from ED: A huge thank you to the attending development community, speakers, internal teams, sponsors, enthusiasts, volunteers, events team, students and other stakeholders who came together for another phenomenal Devcon3! First of all, yes, all session videos from the Main Hall and Breakout Hall will be posted on the Ethereum Foundation YouTube channel as soon as the post-production team finishes the videos. This year, I signed a contract with a post-production team and brought them on site so they could begin on-site work as soon as the original footage was delivered. With two halls instead of one, there were…
In a significant development that highlights the growing scrutiny of cryptocurrency operations, the U.S. Securities and Exchange Commission (SEC) is waging a legal battle against cryptocurrency giants Gemini and Genesis. A federal judge determined that the allegations of selling unregistered securities through the Gemini Earn program were substantial enough to warrant additional court proceedings.A closer look at the court decisionOn March 13, New York District Court Judge Edgardo Ramos issued an important ruling denying Gemini and Genesis’ motion to terminate their lawsuit against the SEC. The decision is based on the judge’s determination that the Gemini Earn program, administered by…
Posted 1 minute ago In ~ BNB Chain has unveiled a rollup-as-a-service (RaaS) solution to scale custom layer 2 networks across its ecosystem.RaaS provides dapp projects with the infrastructure they need to build cost-effective, dedicated rollups on the BNB Smart Chain (BSC), including no-code deployment options.According to DeFiLlama data, BSC is the third-largest blockchain by total value, with a TVL of $6.1 billion, compared to Ethereum’s $56.7 billion and Tron’s $10.5 billion.“By combining the power of RaaS with the interconnection capabilities of the ecosystem, developers will have a comprehensive toolkit to build efficient and scalable layer 2 on BSC,” the…