Layer-two (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks. One project that has benefitted from the growth of the L2 scaling solutions is Synthetix
The New York State Assembly has passed a mining moratorium bill to pause all crypto mining development for two years. The essence of the moratorium is to give the state enough time to examine the impact of mining in the state. Two-year moratorium on carbon-fueled mining Assemblymember Anna Kelles sponsored the Bill designed to prevent
A popular analyst is issuing a dire warning to crypto investors, saying that Bitcoin (BTC) and Ethereum (ETH) are poised to ignite sharp corrective moves before the next bull cycle can begin. Top crypto strategist Justin Bennett tells his 100,400 Twitter followers that he’s keeping a close watch on the TOTAL chart, which measures the
New data shows that the biggest Ethereum (ETH) whales are loading up on meme coin Shiba Inu (SHIB), the new kid on the crypto block ApeCoin (APE) and two metaverse tokens. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The digital asset whale-monitoring website shows that in
Two European citizens have been charged by a United States district court in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According to the U.S. Department of Justice, the court documents allege that Alejandro Cao De Benos, a citizen of Spain, and Christopher Emms, a citizen
Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until the full launch of the consensus layer. As a result, Lido (LDO) has established itself as a leader in the liquid staking sector. Lido is
Analyzing Ether’s (ETH) current price chart paints a bearish picture which is largely justified by the 11% drop over the past month, but other traditional finance assets faced more extreme price corrections in the same period. The Invesco China Technology ETF ($CQQ) is down 31% and the Russell 2000 declined by 8%. Ether price at
The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum, the world’s largest smart contract platform. The “Optimism Collective” was introduced Tuesday afternoon in a lengthy post that outlined its mission and governance mandate. Described as a “large-scale experiment in