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The crucial Bedrock upgrade has significantly reduced transaction fees on the Optimism layer-2 network. Gas Fees on Optimism Plunge After Bedrock Upgrade According to data compiled by the OP Labs team on Dune, transaction fees on the Optimism network have been cut by more than half, dropping from 6,890
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Three cryptocurrencies—Solana (SOL), Cardano (ADA), and Polygon (MATIC)—are facing severe declines after being classified as securities by the U.S. SEC. SOL, ADA, MATIC Plunge as SEC Labels Them Securities Not just BNB, but many cryptocurrencies named in the SEC's lawsuit against major exchanges Binance and
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As BNB’s price continues to decline, the community is increasingly concerned about the looming risk of a major $200 million loan facing potential liquidation. Breaking: $200 Million in BNB Faces Potential Liquidation Risk! Update as of June 12: BNB Chain announced on June 12, 2023 (Vietnam time) that the
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TrueUSD (TUSD) has unexpectedly depegged from its $1 value following news that it will suspend minting services through Prime Trust, causing ripples across the crypto market. TUSD Faces Depeg On June 10, 2023, TrueUSD announced via Twitter that it would halt the issuance of TUSD through Prime Trust until further
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Arbitrum has become the ninth blockchain to feature a dedicated USDC issuance by Circle. Circle has announced that the native USDC token has officially launched on the Arbitrum network, in line with the previously announced plans on June 1, 2023. “Businesses with Circle accounts can now access Arbitrum USDC and
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The layer-2 solution Optimism has announced that it will recognize ETH as a native token of the network alongside OP. Optimism to Recognize ETH as a Native Token Alongside OP Following the Bedrock upgrade, Optimism will officially treat ETH as a native token of this layer-2 network, operating alongside OP.
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The Solana Foundation has responded to the U.S. Securities and Exchange Commission (SEC) by asserting that the SOL token is not a security. Solana Foundation: SOL is Not a Security Update as of June 11, 2023: In a statement posted on Twitter on June 11th, the Solana Foundation reiterated
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The Ethereum development team has finalized the upgrades that will be included in the upcoming Dencun hard fork, with EIP-4844 being the most notable. Ethereum Finalizes Changes for Upcoming Dencun Upgrade Following a regular meeting on June 8th, the Ethereum development team has outlined the changes that will be implemented
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Input Output Global (IOG), the company behind Cardano, has responded to the U.S. Securities and Exchange Commission (SEC) claim that ADA is a security. Cardano Developer: ADA Is Not a Security As reported by Coin68, the SEC's regulatory crackdown is reaching its peak. Major exchanges Binance and
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Vitalik Buterin, the founder of Ethereum, has recently shared his insights on the roadmap and three critical shifts needed for the Ethereum network to thrive in the future. Vitalik Buterin on 3 Crucial Shifts for Ethereum's Future Success According to Vitalik Buterin, three key changes are essential: scaling
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A wallet holding over 1,400 Bitcoin has been reactivated after more than a decade of inactivity. This stash is currently valued at nearly $40 million based on today's exchange rates. Another Bitcoin Whale Awakens After Over 10 Years of Dormancy According to data from crypto transaction tracking
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The Bedrock upgrade, a significant update bringing numerous improvements to Optimism, was successfully implemented in the early hours of June 7. Optimism’s Bedrock Upgrade Officially Live The Bedrock upgrade was officially activated at 11:00 PM on June 6, 2023 (Vietnam time), according to Optimism's pre-scheduled timeline.
