Focus on the ecosystem surrounding Ethereum, the second‑largest network by market cap. Get insights into network upgrades, smart‑contract innovations, DeFi and NFT trends, staking developments and other Ethereum news today.
The developers will now conduct the Shanghai upgrade on the Goerli testnet in the coming weeks. This will be the final dress rehearsal before implementing the upgrade on the Ethereum mainnet.
As per industry reports, Tron’s Justin Sun was behind depositing 150,000 ETH to Lido in a single day. Lido protocol’s total value locked jumped by more than 2.09% in a single day.
With the Coinbase Base layer-2 network, decentralized applications developers can tap on other EVM-compatible blockchains like Bitcoin and Solana to access more Web3 users.
Within hours of launching the Ethereum-based Layer-2 scalability network Base, users spent $280,000 in transaction fees while minting a few thousand NFTs.
According to an Orbit Markets analyst, the upcoming Ethereum Shanghai upgrade could bring sustained Ether price volatility.
As of now, the NGO has been able to gather $4.3 million in crypto donations with stablecoins being the most preferred token choice.
However, Bitcoin price could edge lower in the coming quarters as the Fed hikes interest rates in a bid to bring down inflation to 2 percent.
Open-sourcing of the STARK Prover technology will lead to greater developer participation and community collaborations for building dApps on the platform.
This February, Ethereum is reportedly launching Zhejiang, the dress rehearsal testnet for its Shanghai hard fork.
Rally said that the current macro environment is too overwhelming to overcome while announcing its shutdown.
The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now.
Vitalik pointed out that there has been no viable stealth address solution thus far, even though it offers a more functional and comprehensive privacy solution when compared to the now-sanctioned crypto mixer Tornado Cash.
JPMorgan believes as many as 95% of Coinbase Global’s retail customers will opt in for the staking service after the Shanghai update.
Many other notable digital currencies are currently seeing massive gains, bringing the crypto market a remarkable 1.7% increase on the day to surpass the $1 trillion mark.
Along with the Ethereum Trust, several other Grayscale products are trading at steep discounts recently as parent firm DCG is grappling with liquidity issues.