On August 7, 2023, PayPal marked a significant milestone with its foray into the cryptocurrency sector. The renowned global digital payment firm launched its inaugural cryptocurrency product, the PayPal USD (PYUSD) stablecoin, backed by a blend of US dollar deposits, short-term US. Treasuries, and comparable highly liquid assets. PYUSD operates ...
Industry leaders in Ethereum are congregating at Blockswap’s MultichainERC20 event at ETHCC to discuss the most pressing topics in Ethereum. New protocols will be introduced at the event which further decentralizes Ethereum by empowering the user. The two main sessions are open for all to attend but require a free ...
Avail has achieved a significant milestone in its plans to reduce transaction costs for Layer-2 and Layer-3 solutions on the Ethereum network with the launch of its testnet data attestation bridge. The company announced this new development on Friday, July 7, 2023. The testnet bridge addresses the challenge of "data ...
Vitalik Buterin, the co-founder of Ethereum, has publicly expressed his support for blockchain initiatives such as Solana, which have recently come under scrutiny from the U.S. Securities Exchange Commission (SEC) in its enforcement actions against cryptocurrency exchanges. During a Twitter Q&A session with Buterin, Matt Huang, the co-founder of Paradigm, ...
Gemini has begun offering Ethereum staking to its users in the UK as part of its efforts to diversify its offerings and reach more people worldwide. On June 23, 2023, the crypto exchange officially launched Gemini Staking Pro in the UK, allowing institutions and high-net-worth individuals to participate as validators ...
Ethereum co-founder Vitalik Buterin has raised concerns about the potential overload of Ethereum's social consensus in a recent blog post titled "Don't Overload Ethereum's Consensus." Published on May 21, 2023, Buterin discussed the significance of this issue and outlined remedies and techniques to address it. Buterin stressed the critical nature ...
Validators on the Ethereum network have seen a substantial increase in their earnings; they accrued a total revenue of $46 million in the first week of May 2023. Data from beaconcha.in reveals that validators earned a combined total of 24,997 ETH between May 1 and May 7, compared to the ...
Introduction Over the past few years, blockchain technology has transformed the financial industry, fundamentally changing how we exchange assets and think about finance. One exciting project in this area is Gnosis, a decentralized prediction market platform built on the Ethereum blockchain. Leveraging Ethereum blockchain technology, Gnosis offers a decentralized prediction ...
Over the last 24 hours, Ethereum's (ETH) price has surged by 6%, hitting $1,997 at the time of writing, and its 24-hour trading volume stands at 15.12%, all attributable to the successful execution of the Shanghai (Shapella) upgrade. ETH has increased by 18% in the last month and by 65% ...
Introduction In recent years, there's been a radical shift in the way we express our love and appreciation for others. Instead of traditional gifts, like flowers, chocolates, and teddy bears, people are increasingly opting for digital currencies such as Bitcoin, Ethereum, and others. Notably, in 2021, Ethereum was the top ...
