Key Takeaways Someone is withdrawing sums of 0.1 ETH to multiple wallets belonging to notable crypto personalities. The person behind the stunt has targeted Vitalik Buterin, Brian Armstrong, Steve Aoki, and Beeple...
Category - Blockchain
Cody StewartEthereum Layer 2 Arbitrum Launches Nova Chain, Links With Reddit
Key Takeaways Arbitrum has launched a second Ethereum Layer 2 chain called Arbitrum Nova. Arbitrum developer Offchain Labs has said that the new chain is optimized for low-cost and high-transaction volume use cases like...
Cardano Delays Vasil Hardfork by “a Few More Weeks”
Key Takeaways Cardano’s technical manager Kevin Hammon has said that there could be “a few more weeks” before the network launches its Vasil upgrade. Vasil is Cardano’s most complex upgrade to...
Polygon zkEVM Heads to Ethereum Layer 2
Key Takeaways Polygon has announced its first fully Ethereum-compatible Layer 2 network, Polygon zkEVM. Polygon zkEVM will use Zero-Knowledge Rollups to offer lower transaction fees than Ethereum mainnet. The Layer 2...
Staking Protocol Lido Expands to Ethereum Layer 2
Key Takeaways The Lido development team has announced plans to expand the protocol across various Ethereum Layer 2 scaling solutions. It will initially aim make a wrapped, non-rebasing version of stETH available across...
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers who provide collateral...
Reddit Has Started Selling NFT Avatars on Polygon
Key Takeaways Reddit is launching a series of “Collectible Avatar” NFTs on Polygon. The NFTs will have a total supply in the “tens of thousands” and have utility on the Reddit site. Several other...
Cardano Delays Vasil Hardfork Due to Pending Bug Fixes
Key Takeaways Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited seven bugs as the reason for the delay. The Vasil hardfork is supposed to...
Forget Web3, Dorsey’s TBD Says. Web5 Is the Future Now
Key Takeaways Jack Dorsey’s TBD has announced that it will build a decentralized web platform on top of Bitcoin called Web5. Whereas Ethereum and Web3 have focused on tokenization, Web5 will largely focus on...
Avalanche Wants Otherside to Ditch Ethereum for a Subnet
Key Takeaways Avalanche has submitted a proposal to the ApeCoin DAO offering to help it move its Otherside Metaverse on its own custom Subnet. According to Avalanche, moving Otherside to an Avalanche Subnet would allow...
