Ethereum’s Duncan upgrade, expected in mid-March, will introduce a technique called “proto-danksharding.”This upgrade is capturing the attention of Ethereum enthusiasts with its potential to enhance layer 2 solutions such as zkSync, Optimism, Arbitrum, etc. and marks Duncan as an important development for the future.Proto-danksharing (or EIP-4844) aims to include more data in Ethereum transactions without impacting block processing times by incorporating off-chain ‘data blobs’. It is touted as the key to Layer 2 scalability in the network, providing the ability to take advantage of increased data capacity.As a result, transaction costs on Ethereum Layer 2 are expected to decrease significantly.…
Author: Crypto Flexs
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Solana’s recent downtime has raised doubts, but Solana’s resilient ecosystem has surpassed TVL records. Despite the decline in sentiment, the price of SOL rose. The recent downtime of the Solana (SOL) network has raised concerns among skeptics about the future of the network and its ecosystem. Solana moves forward But even amid these doubts, the Solana ecosystem seemed resilient and thriving. Recent data shows that Solana surpassed its previous Total Value Locked (TVL) record on January 1st. As of the latest update, TVL, measured in USD and SOL, has reached its highest point since November 2022, indicating solid performance despite…
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Blockchain security firm CertiK reported that private keys associated with PlayDapp, an Ethereum-based peer-to-peer game, may have been compromised. this security violation This led to the unauthorized addition of new issuing addresses, resulting in the creation of 200 million PLA tokens. Following the breach, the value of the PLA token plummeted nearly 10% to its lowest level since October. PlayDapp has not yet provided an official response regarding this incident. According to DappRadar, PlayDapp’s total asset value has decreased by nearly 14% since the incident, despite the number of unique active wallets now growing significantly. PLA 24 hour price |…
Ethereum (ETH) is showing a notable pattern in the options market. According to data from Deribit, a leading platform for cryptocurrency futures and options trading, there is a significant concentration of call options on ETH around the $4,000 strike price for both June and September expirations. Options traders predict Ethereum $4,000. The accumulation of ETH call options centered around $4,000 indicates the concentrated expectation of traders that the price of Ethereum could rise above $4,000 by this date. For context, an option is a financial derivative that gives the buyer the right (but not the obligation) to buy (in the…
Abu Dhabi Global Markets (ADGM), in partnership with Solana Foundation, has made significant progress in fostering blockchain innovation in the region by advancing distributed ledger technology (DLT) within a regulatory framework. Abu Dhabi Global Market (ADGM) has entered into a strategic partnership with Solana Foundation aimed at advancing the development of distributed ledger technology (DLT) within ADGM’s regulatory framework. This collaboration is part of ADGM’s broader initiative to become a leading hub for technology-driven financial services. The DLT Foundation Regulation introduced by ADGM is said to be the world’s first regulatory framework specifically designed for blockchain fundamentals, Web3 entities and…
join us telegram A channel to stay up to date on breaking news coverage The price of Bitcoin has risen 6% over the past 24 hours, trading at $47,059 as of 9:50 a.m. ET. Amid this surge, cryptocurrency analysts investment answerS BTC price could surge 190% over the next 165 days, analysts at Bernstein said BTC price could explode to new all-time highs in the $70,000 range by the end of the year. Bitcoin price prediction If you look at the 30-minute BTC/USD chart, you will see the Alligator indicator, which consists of three smooth moving averages designed to identify…
The largest cluster of Ether call options for June expiration is centered around the $4,000 strike price, according to Deribit data.Deribit Chief Commercial Officer Luke Strijers shared a chart with The Block that shows a group of noteworthy ether currency options at this strike price.“As seen in Deribit data, the $4,000 exercise is the largest exercise among the June and September expirations. “We only see Ethereum in June and April because there are no May expiry transactions yet,” Strijers said. Ether call options are concentrated at $4,000 with a late June expiration date, according to Deribit data. Image: Block.The strike…
join us telegram A channel to stay up to date on breaking news coverage Polygon Labs has launched a “Type 1 prover,” representing a technological feat that even Ethereum’s Vitalik Buterin has touted as key to making the secondary layer 2 network nearly identical to the primary blockchain. “Polygon has once again proven that it is leading the industry in the development of ZK technology by delivering the incredibly efficient Type 1 zkEVM,” Brendan Farmer, co-founder of Polygon, said in an email to CoinDesk. Polygon advances blockchain technology. Ethereum co-founder Vitalik Buterin has previously written about the different types of…
Moby Media Joins Killer Whales as Official Media Partner to Raise Web3 Awareness – Chainwire housenewsroomMoby Media Joins Killer Whales as Official Media Partner to Raise Web3 Awareness We use cookies to make your experience on Chainwire’s website better. 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 communications over an electronic communications…