Ava Labs CEO Warns of Substandard L2 Projects, Says Next Cycle Will Be Worse
Emin Gün Sirer, the founder and CEO of Ava Labs, has sounded an alarm on the rise of substandard layer 2 (L2) solutions in the crypto space. Drawing parallels with…
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Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares
Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can…
TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted…
Google Search Now Displays Wallet Balances for Ethereum Name Services (ENS) Domains
Google has expanded its native support for Ethereum wallet balances to include Ethereum Name Service (ENS) domains. This development was revealed by former ENS core team member Brantly Millegan through…
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5%…
Vitalik Buterin Unveils ‘Rainbow Staking’ and a ‘Recovery Hard Fork’ at Ethtaipei
During the Ethtaipei 2024 event in Taiwan, Ethereum founder Vitalik Buterin introduced “rainbow staking,” a new conceptual framework designed to allow protocol service providers to engage in a differentiated menu…
BlackRock Pivots to RWA, With Planned Ethereum Tokenized Asset Fund
On March 19, BlackRock revealed that it is preparing to offer a fund through a partnership with digital asset tokenization specialist Securitize. According to a filing to the US Securities…
Ethereum Foundation Receives Confidential State Inquiry, Removes Warrant Canary Icon From Github Repo
The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation;…
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum…
Spot Ethereum ETFs Will be ‘Ultimately Denied’ Following Latest Delays: Analysts
On March 19, the US Securities and Exchange Commission delayed its decision on whether to approve spot Ethereum ETFs from Hashdex and Ark 21Shares. Both products have now been postponed…
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