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” ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum “ ConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28, allowing for stress testing of the layer-2 scaling technology. ConsenSys’ research and development team has been working on its zkEVM…
” NEAR protocol releases blockchain operating system for Web3 “ The decentralized application (DApp) NEAR protocol is releasing a new blockchain operating system, focusing on improving user experience on Web3 through a common layer for browsing and discovering open web resources, the company disclosed at the Web3 and innovation festival ETHDenver 2023. In an interview…
” Robinhood Wallet rolls out on iOS with Android support to follow “ Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries. Robinhood shared the news in a Mar. 1 post, stating that users would no longer need to sit on a waitlist…
” How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action “ The price action of Optimism (OP) and Fantom (FTM) tokens have been quite identical since the last quarter of 2022. The difference is, volatility is slightly higher for OP, which surged 240% year-to-date, compared to the 180% gains…
” Coinbase launches its own layer-2 network for building decentralized apps “ On Feb 23, crypto exchange Coinbase announced the launch of Base — an Ethereum layer-2 network. The company claimed that this new network will offer a low-cost, secure, developer-friendly environment for building decentralized apps (DApps) on the blockchain. According to Coinbase, Base is…
” Gamers made up nearly half of all blockchain activity in January: DappRadar Report “ Play-to-earn blockchain gaming experienced a downturn over the last year as gamers prioritized improving the gameplay experience. However, according to a new report from DappRadar, in the first month of 2023, gamers made up nearly half (48%) of all blockchain…
” ConsenSys eyes Web3 notification service refinement with Hal acquisition “ Blockchain technology services provider ConsenSys acquired Hal, a no-code blockchain development tooling platform, to disrupt alerts and notifications at the protocol level in Web3. The acquisition will allow ConsenSys’ Web3 API provider Infura to integrate Hal’s configurable webhooks or notification service in its developer…
” DeFi enjoys prolific start to 2023: DappRadar report “ Decentralized finance (DeFi) protocols experienced a boom in total value locked across different staking pools in January 2023. The market hit $74.6 billion worth of staked assets, increasing by 26% from December. In its latest monthly report, DappRadar outlined the growth of the DeFi sector…
” Solana (SOL) price rally could fizzle out due to weak fundamentals “ Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have anticipated the bullish move ahead of…
” NFT sales topped 101 million in 2022: DappRadar report “ Over the last year, nonfungible tokens (NFTs) continued to play an important role in the growing Web3 industry. NFTs initiated a shift away from hype-based drops, to utility-centric projects with long-term value. A new DappRadar report on blockchain and decentralized application (DApp) adoption in 2022…