# Crypto community welcomes Ethereum zkSync testnet

# Crypto community welcomes Ethereum zkSync testnet

“# Crypto community welcomes Ethereum zkSync testnet ” zkSync, a provider of zero-knowledge blockchain solutions, has announced the successful deployment of its Rollup protocol on the Ethereum (ETH) testnet. The deployment is seen as a positive development by proponents of Ethereum, as it removes the need for human operators to validate transactions. Last year, the creators…

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# Finance Redefined: Axelar becomes a unicorn, new ETH addresses hit 1.5M per month, Feb. 11–18

# Finance Redefined: Axelar becomes a unicorn, new ETH addresses hit 1.5M per month, Feb. 11–18

“# Finance Redefined: Axelar becomes a unicorn, new ETH addresses hit 1.5M per month, Feb. 11–18 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. This week has been full of funding raises, innovations, service deployments and a bit of volatile technical price action — for a change. Axelar Network attains $1B valuation…

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# Ethereum dominance may dwindle as competitors emerge: Morgan Stanley

# Ethereum dominance may dwindle as competitors emerge: Morgan Stanley

“# Ethereum dominance may dwindle as competitors emerge: Morgan Stanley ” Morgan Stanley’s wealth management global investment office has published a report on Ethereum (ETH) arguing that the blockchain’s dominance could dwindle if strong market competition emerges. The investment banking giant’s report is titled “Cryptocurrency 201: What Is Ethereum?” and it provides a detailed rundown…

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# Avalanche growth sparks third-party cross-chain bridges

# Avalanche growth sparks third-party cross-chain bridges

“# Avalanche growth sparks third-party cross-chain bridges ” Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the Avalanche blockchain. Avalanche blockchain supports multiple virtual machines, including WebAssembly (WASM) and Ethereum Virtual Machine (EVM), allowing different sub-chains to incorporate…

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