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“# Are we there yet? Here’s why one analyst says its not ‘altcoin season’ ” Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an “altcoin season.” A quick view of Crypto Twitter shows the…
“# Blockchain and Booze: The future of DeFi on Ethereum is now ” On the latest episode of Blockchain and Booze, Draper Gorem Holm’s Adam Levy sits down with three leaders in the blockchain industry to talk about layer-two solutions on the Ethereum network. Levy is joined by Stani Kulechov of Aave, Jack O’Holleran of…
“# Decentraland announces layer-two MANA token transfers, plans for full migration ” Just a day after two decentralized finance powerhouses announced layer-two integrations via the Polygon sidechain, a major nonfungible token and gaming title has today followed suit. In a blog post this morning, NFT-powered virtual world and video game Decentraland announced a token bridge…
“# VCs bet big on layer-two as StarkWare raises a staggering $75 million ” As Ethereum gas fees soar and the demand for scalability reaches fever pitch, layer-two scaling solution has announced today a $75 million Series B funding round led by Paradigm, Three Arrows, Alameda Research, Pantera Capital, and Sequoia, among others. The team…
“# Ethereum network in a fee spin: Can the Berlin upgrade save the day? ” Though Ether’s (ETH) value has continued to showcase increasing signs of stability around the $1,800 range over the past fortnight or so, users of the premier altcoin’s network have been faced with rising gas fees as well as increasing network…
“# Layer-two scaling solutions solve enterprises’ public blockchain challenges ” At the end of 2019, research firm Forrester and Big Four firm Ernst & Young, or EY, published a report surveying the adoption of public blockchains by enterprises. Findings revealed that 75% of respondents were likely to use a public blockchain in the future. Although this…
“# Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher ” In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effect’. The recent announcement that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) would be added…
“# ‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced ” The Dai stablecoin produced by decentralized lending protocol MakerDAO is getting some speed and fee enhancements with its forthcoming upgrade on layer-two. Ethereum scaling solutions provider Optimism will provide the technology as announced on the MakerDAO forum on March 9. Co-founder and…
“# Vitalik proposes solution to link certain layer-two scaling projects ” In an ongoing effort to battle escalating transaction fees while creating a unified ecosystem, Ethereum co-founder Vitalik Buterin has proposed a solution for a particular type of cross-rollup scaling. The proposal outlines how two protocols using rollups can communicate with each other while maintaining…
“# Mainnet launch and NFT sale lift Aavegotchi (GHST) to a new all-time high ” Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017. The recent pullback in the cryptocurrency…