The year 2022 saw the value of Polygon’s native token MATIC drop by 64%. But the network started this year on a positive note, with the price shooting up 8% according to the charts. However, can MATIC maintain this momentum? On-Chain Developments To Play A Big Role For MATIC The Layer 2 ecosystem has been…
Este artículo también está disponible en español. According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset’s “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October 2024 Monthly Market Insights report, Binance Research highlighted that the ETH issuance…
Cardano is about to make a quantum leap with the forthcoming launch of Midgard, a permissionless Layer 2 solution that may alter the functioning of decentralized blockchain technology. Unveiled during the Cardano Summit 2024 in Argentina, Midgard is designed by Anastasia Labs and is envisioned to eventually provide more scalability and efficiency for the Cardano…
What’s going on at Polygon? There seems to be a disturbance in the force over there. Is the Ethereum Layer 2 project alright? Are they doing everything above board or is there something sinister going on? Are they even decentralized if they can hard-fork just like that? Or did they follow the proper procedures and…
Arbitrum (ARB), a layer 2 (L2) protocol has achieved yet another major milestone in its Total Value Locked (TVL) reaching new heights, following a surge in the crypto asset’s price. Arbitrum Sees Surge In Total Value Locked (TVL) According to the L2beat platform, Arbitrum’s TVL recently went past the $10 billion mark putting it in…
The on-chain ecosystem of Ethereum has recently been rocked by a wave of scams and rug pulls, creating a period that many are describing as a bloodbath. While the underlying technology of the ETH blockchain remains robust and secure, the sheer volume of malicious projects and deceptive schemes is taking a significant toll on retail…
There is a substantial flow of assets from Ethereum to the Binance Smart Chain (BSC), according to data from Cryptoflows. Migration From Ethereum To BSC The shift to move assets from the legacy smart contracting network could be driven by the desire to escape high gas fees. For every transaction executed on public ledgers like…
Sasha Mitchell is Head of Operations at BeL2. Imagine if Bitcoin could talk to other blockchains, make deals, execute contracts, and expand its influence without ever compromising its integrity. That's BeL2, the Bitcoin Elastos Layer 2 Protocol. Why you should listen BeL2 transforms EVM-compatible blockchains into Bitcoin Layer 2s, without bridging BTC. It utilizes a…
Safe to say, Polygon has been on a tear lately. On the heels of a DappRadar report noting more than 75,000 active users and nearly $1B in value flows through their layer 2 protocol, the Polygon team has announced a new developer SDK for streamlined app creation. In the past month, our team at NewsBTC…
Ethereum Layer 2 network “Base” has surpassed Cardano in terms of Total Value Locked (TVL) in just two weeks after its official launch, despite Cardano experiencing a multi-year head start in growth and development. Base TVL And Trading Volume Rises Above Cardano Presently, Cardano is facing criticism from users due to its TVL falling below…