Ethereum Is Making More Money Than Ever From Layer 2 Networks

Key Takeaways Layer 2 networks are spending more gas than ever settling transactions on Ethereum mainnet. The Wednesday following Optimism’s token launch saw Layer 2 networks use a record-breaki...

Optimism Revenue Outperforms Layer 1 Networks Following Launch of OP Token

Arman Shirinyan Layer 2s are already becoming bigger than some alternative networks Alternative L1 networks are already generating less fees than Ethereum’s L2 networks like Optmism or Arbitrum....

Cardano Founder Has Got A Solution For Solana Network’s Outage

Solana’s mainnet sparked a social media firestorm yesterday before pausing for a second time in such a short time. In response to a tweet about Solana’s collapse, Charles Hoskinson, the founder of Car...

Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized – News Bitcoin News

On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, ...

Is Bitcoin’s [BTC] price recovery being supported by Lightning Network’s growth

Bitcoin, the largest crypto recovered a respectable $60 billion in a day as the price reclaimed $30K. Indeed a relief after recording nine consecutive weeks of losses, extending its record-breaking lo...

Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism – Defi Bitcoin News

This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi ...

Highlights Of Ukraine War Coverage From The Network’s News Side

Fox News correspondent Lucas Tomlinson, on location in Ukraine. Fox News Three months ago this week, the missile strikes began. It was early morning in Ukraine, local time, and mobile phones there sta...

Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks – Altcoins Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...

Coinbase Wallet Now Supports BNB Chain and Avalanche Networks – crypto.news

Coinbase has announced that the Coinbase Wallet now supports the BNB Chain (formerly Binance Smart Chain) and Avalanche. Coinbase Wallet users will now be able to trade on the two new chains, while al...

Cardano’s Milkomeda sidechain might become network’s ZkRollup, is ADA worth buying?

Cardano ADA/USD is essentially a blockchain-based network that is powered by its native cryptocurrency token, ADA and is being utilized for decentralized applications (dApps) and other various use-cas...

Cardano’s Sidechain Milkomeda Could Become Network’s ZkRollup

Arman Shirinyan Milkomeda successfully delivers cross-chain dApp performance on Cardano Cardano’s Milkomeda sidechain, which has been working for almost two months now, may one day become a roll...

Terra Network’s Members Approve Its Rebirth Initiative – crypto.news

According to Terra’s official statement, more than 79% of its members have approved Do Kwon’s initiative to implement the network’s revival plan of Terra chain without the use of the algorithmic stabl...

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion – Blockchain Bitcoin News

Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While ther...

Deere, Foot Locker, Palo Alto Networks and more

The Deer & Co. John Deere 8R fully autonomous tractor is displayed ahead of the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada. Patrick T. Fallon | AFP | Getty Images Chec...

Palo Alto Networks & more

Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after...

Top Terra Whales Break Silence on Network’s Collapse

Key Takeaways Some of Terra’s most prominent investors have spoken out following the network’s disastrous collapse. Galaxy Digital’s Mike Novogratz said that Terra was “a big i...

Block Sees Bitcoin Disrupting Payments Networks, Expects Self-Custody to Grow

Brian Grassadonia, Cash App’s co-creator and lead, said that Bitcoin is a positive for Block as customers bring money into the overall ecosystem, with “multiple opportunities for monetizat...

Celsius Network’s crypto mining subsidiary SEC filing suggests plans for IPO

Celsius Mining, the mining subsidiary of crypto lending platform Celsius Network, has filed paperwork with the United States Securities and Exchange Commission, or SEC, suggesting plans for an initial...

Terra’s Fall Creates Ripples among DeFi Networks

The impact of Terra plummeting to $0 has crossed the ecosystem and created a chain reaction that brought down several DeFi networks and applications. Statistics confirm that the total TVL of the DeFi ...

Kava Network’s USDX tumbles to $0.65 as yet another stablecoin depegs

Kava Network’s native decentralized stablecoin USDX has lost its parity with the US dollar. This stablecoin had a market cap of more than $115 million before the depeg, according to CoinGecko. U...

The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’ – Bitcoin News

According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the ...

Stake2earn Announces Adding Three More Networks for Its Clients –Agoric , Evmos And Nym

stake2earn, a decentralized staking provider, announced that Agoric, Evmos and NYM are being added to their list of supported networks. At the moment, people owning Agoric (BLD token), Evmos ( Evmos t...

Digital Yuan Rolled out on Transport Networks in Major Cities

China’s central bank digital currency (CBDC), or digital yuan, is seeing its adoption grow by the day, most recently in the transportation sector of Xiamen and Guangzhou. According to local news outle...

Should I buy Arista Networks shares after a strong Q1 performance?

Arista Networks, Inc. (NYSE: ANET) posted first-quarter results that topped expectations, and Jim Suva, an analyst from Citigroup, assigned a buy rating on Arista shares. Citigroup has a positive view...

Dusk Network’s Testnet and How Blockchain is Pushing Privacy  – crypto.news

On March 22, 2022, Dusk Network formally launched its DayBreak testnet, ushering not just a new dawn for themselves but for blockchain as a whole. The Dusk network’s focus is primarily on the use of z...

3 CRYPTOCURRENCIES TO PUT UP ON YOUR WATCHLIST: LOGARITHMIC FINANCE (LOG), CHAINLINK (LINK), AND THETA NETWORKS (THETA)

The current cryptocurrency market is saturated with the constant introduction of new coins. The total amount of cryptocurrencies is more than 18000, and it will increase substantially in the coming fu...

Flare Networks Proposes Eccentric Bridge Solution for All Blockchains: Details

Vladislav Sopov Flare (FLR) engineers unveil LayerCake, a linearly scalable blockchain-agnostic interoperability solution Contents Here’s how Flare’s Layercake can bridge 100 blockchains w...

Twitter initiative Bluesky releases first version of its decentralized social network’s code

An offshoot of Twitter (NYSE: TWTR) Bluesky has made its first open-source code for a decentralized social network available to the public.  Bluesky CEO Jay Graber announced on May 4 that the project ...

After A Series Of Outages, Solana Developers Unveil A Massive Plan To Improve The Network’s Resilience

The blog went on to say that the main cause of the excessive memory use was insufficient votes landing to finalize older blocks, prohibiting abandoned fork cleanup. The downtime led SOL’s stock to dro...

Vitalik Buterin urges layer two networks to maintain transaction fees below $0.05

The co-founder of the Ethereum blockchain, Vitalik Buterin, has said that the transaction fee on layer two networks needed to be below $0.05 to be “truly acceptable.” Buterin was responding to a tweet...

Leveraged Trading on Stocks Debuts on Gains Network’s gTrade

Vladislav Sopov Gains Network is set to pioneer leveraged stock trading on Web3 as a technical basis Contents Gains Network becomes first crypto platform to offer leveraged stock trading Gains Network...

Solana Devs Reveal Huge Plan To Boost The Network’s Resiliency After Incessant Outages ⋆ ZyCrypto

Advertisement &nbsp &nbsp Solana developers have put together an elaborate plan aimed at improving the stability of the network after the Solana mainnet beta cluster suffered ...