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NEAR Protocol, a Layer-1 solution, has announced that users can now access multichain functionality directly from their NEAR accounts. NEAR Launches Cross-Chain Transaction Feature According to a blog post on March 27, NEAR Protocol introduces Chain Signatures, secured in part by EigenLayer, a restaking protocol on Ethereum gaining recent attention,
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Sonic is expected to further expand the scale of the Fantom blockchain, aiming to process up to 2,000 transactions per second. Fantom Teases Sonic Upgrade and Ecosystem Revival Efforts On the evening of March 25, 2024, Fantom Foundation unveiled new details regarding the Sonic upgrade, promising updates that will
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It took Base 203 days to reach the $1 billion TVL milestone, but in less than a month, this figure has doubled. Base Doubles TVL in Just One Month. Image: CoinStats In just a short month, the Total Value Locked (TVL) on Base's layer-2 network has doubled. On
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After over a month since Circle ceased USDC support on the TRON network, Binance has now made a similar decision. Binance Halts USDC Deposits and Withdrawals on TRON Network. Image: CoinJournal According to today's announcement, Binance will halt the functionality of depositing and withdrawing USDC on the TRON
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Polygon zkEVM Offline for Over 12 Hours Early morning on March 24, 2024, users discovered that the Polygon zkEVM network had been offline for several hours. Given the reduced community activity over the weekend, the incident went unnoticed for quite some time. On their official platform X, the Polygon team
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According to aggregated data from Dune Analytics, over 50% of non-vote transactions on the Solana network failed over the past month. What exactly is the reason behind this? Reasons Behind 50% Failed Transactions on Solana in the Past Month According to data compiled on Dune Analytics by user @scarn_eth,
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As teased last week, BNB Chain has officially announced details of its Airdrop Alliance program for a series of projects within its ecosystem. BNB Chain Announces Airdrop for 7 Ecosystem Projects Late on March 22nd (Vietnam time), BNB Chain unveiled an exclusive airdrop program for users of BNB Smart Chain
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Ethereum has recently officially added proposal EIP-7251 to the upcoming Pectra hard fork. This proposal aims to increase the cap limit for available staking (currently set at 32 ETH per validator), thereby unlocking greater potential for the validation network. Ethereum Proposes Adding More ETH for Validator Staking in Pectra Upgrade
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In line with earlier predictions by market observers, the Federal Reserve (Fed) has maintained its interest rates at their highest levels in 23 years, between 5.25% and 5.5%. Fed Holds Interest Rates Steady for 5th Consecutive Time, Bitcoin Prices Rebound. Image: Coin360 Early morning on March 20, the
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Amid a rush for memecoins, gas fees on the Layer-2 Base have at times surged to $5 per transaction. Layer-2 Base Under Pressure Amid Memecoin Craze. Image: Blockworks Base, the Layer-2 blockchain of the cryptocurrency exchange Coinbase, is facing significant challenges in meeting the skyrocketing demand across its ecosystem. Recently,
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In his latest remarks at the ETH Taipei conference, Ethereum co-founder Vitalik Buterin addressed the issue of decentralization in staking and introduced insights into the Rainbow solution. Vitalik Buterin Explains Rainbow Mechanism to Address Staking Issues on Ethereum Rainbow Staking is a solution introduced by the author "barnabe"
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The initial investment fund in ether.fi, Arrington Capital, is reported to have created 10 wallets to "farm airdrops" on ether.fi, receiving a total of 200,498 ETHFI tokens and subsequently transferring them to Binance. Investment Fund Allegedly Conducts Sybil Attack for Airdrop Gains on ether.fi