What is Farcaster? Everything You Need to Know
The cryptocurrency industry is in a state of constant development and improvement, with various protocols emerging to take the spotlight regularly. That said, Farcaster is a. hot topic amongst crypto…
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Ethereum Restaking Narrative Grows as EigenLayer TVL Surges
The total value locked on Ethereum restaking protocol EigenLayer has surged 70% over the past week. Furthermore, it is currently at an all-time high of $3.4 billion, according to DeFiLlama.…
Solana Investors Flock Back With $13M Inflows Beating Ethereum, Avalanche
Investment products for digital assets received significant influxes of $708 million last week, contributing to year-to-date inflows of $1.6 billion and increasing the total global assets under management to $53…
Ripple (XRP) Competing With Ethereum? XRP Ledger Developer Chips In
Not many cryptocurrency investors think of XRP as an Ethereum competitor. That would be blockchain coins like Solana, Cardano, BNB Coin for Binance Smart Chain (BSC), and Avalanche. Ripple Is…
Ethereum’s Dencun Upgrade Is Now One Step Closer After This Deployment
The highly-anticipated Dencun upgrade of Ethereum was successfully deployed on the Sepolia testnet on Jan. 30. This marks the second deployment out of three planned testnet launches, bringing the Ethereum…
This Network Had as Many Users as Ethereum in 2023: Flipside Data
Polygon, a layer-2 scaling network, nearly matched Ethereum’s user base in 2023, as reported by blockchain analytics firm Flipside. Polygon acquired 15.24 million users that year, coming close to Ethereum’s…
Algorand Foundation CEO’s X Account Hacked
On January 26, the Twitter account of Staci Warden, the CEO of the Algorand Foundation, was hacked. The breach was announced via an official post by the Algorand Foundation, cautioning…
ETF Anticipation Ends in ‘Sell-the-News’ Slump for BTC, ETH Sees a Notable Boost: Glassnode
Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in…
Ethereum Investors Eye Renewed Surge Amid Cooling-Off Phase: Data
Ethereum has currently found itself situated within a crucial demand zone after falling below the $2,300 threshold. While the risk of additional decline in the altcoin’s value, the recent dynamics…
Digital Asset Investment Products See $21M Outflows Despite Record Bitcoin Trading Volumes
Digital asset investment products experienced modest withdrawals of $21 million last week. However, this overall figure doesn’t reflect the significantly elevated trading activity, with Bitcoin alone witnessing trading volumes of…
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