Ethereum developers are preparing to implement a key update in the upcoming Pectra fork aimed at enhancing the network's scalability through dynamic blob fees. The update, outlined in the new Ethereum Improvement Proposal (EIP) 7742, is designed to optimize transactions and enhance Layer 2 (L2) scaling solutions. Its implementation is ...
The competition in the Wrapped Bitcoin (WBTC) space is intensifying, with major crypto platforms launching their own products to cater to DeFi and institutional users. U.S.-based exchange Kraken has just unveiled its version, kBTC, following Coinbase's recent debut of cBTC. In a blog post published today, October 17, Kraken announced ...
In a new blog post published today, October 17, co-founder Vitalik Buterin follows up on his last post on Ethereum’s development by outlining his vision for the next phase, colloquially known as the “Surge. " Buterin stated that the primary goal of this phase is to scale Ethereum to handle ...
As Ethereum celebrates two years of successfully transitioning from Proof-of-Work (PoW) to Proof-of-Stake(PoS) and completing the Merge phase of its development, its co-founder, Vitalik Buterin, has suggested that this new consensus mechanism can be improved. In a blog post on Monday, October 14, Buterin identified key areas that need addressing ...
The Fidelity Ethereum Fund (FETH) saw a record-high daily outflow of over $25 million on October 1, 2024, surpassing all other U.S.-based spot Ether ETFs except for Grayscale’s Ethereum Trust (ETHE). According to data from Farside Investors, total outflows for Ether ETFs across nine issuers amounted to $48.6 million, with ...
Taurus, the Swiss-regulated global leader in digital asset infrastructure for banks, has announced a partnership with Swiss equity token specialist Aktionariat AG. Taurus will offer services for Ethereum-based tokenized shares issued by Aktionariat. In return, Aktionariat will allow its clients to list on the Taurus Digital Exchange (TDX). This joint ...
Ethereum co-founder Vitalik Buterin has praised the Celo blockchain for reaching a significant milestone concerning the use of stablecoins on the platform. In an X post on September 25, 2024, Buterin praised Celo for surpassing Tron in daily active addresses for stablecoins. His post was in response to a recent ...
Google Cloud has unveiled a new Ethereum-compatible Remote Procedure Call (RPC) service to streamline blockchain development. Announced on September 18, this new service is expected to be a cost-effective alternative to managing node infrastructure. It enables decentralized applications(dApps) to interact directly with blockchain networks, beginning with support for the Ethereum ...
The Open Network (TON) could become a major competitor to Ethereum due to its impressive ecosystem and rapid user growth, according to a report from the research arm of crypto exchange Bitget. The report highlights that TON has seen a significant surge in transaction volume over the past year, with ...
UAE-based fintech company Fasset has launched IOWN, an Ethereum Layer 2 blockchain designed to facilitate ownership of Real World Assets (RWA). According to the company's press release, the platform aims to democratize access to various asset classes, including commodities, real estate, stocks, and bonds, with a particular focus on individuals ...
