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” Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko “ Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion over the same timeframe. The staggering rise in…
” Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum “ The Ethereum community appears to have taken a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “watershed moment” for the blockchain network. Secured on Ethereum and powered by layer-2 network Optimism,…
” 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…
” Community votes to deploy Uniswap v3 on Boba Network “ Members of the Uniswap community voted in favor of deploying Uniswap v3 on Boba Network’s layer-2 protocol on Ethereum. Gaining over 51 million votes, the proposal submitted by Boba Foundation and FranklinDAO to deploy Uniswap v3 in Boba Network passed. This means that the…
” Starkware commits to open source its ‘magic wand’ Starknet Prover “ Ethereum layer 2 scaling solution StarkWare announced plans to open source its proprietary Starknet Prover under the Apache 2.0 license, which has processed 327 million transactions and minted 95 million nonfungible tokens (NFTs) to date. The prover is the crucial engine Starkware uses…
” Total crypto market cap rises above $1T, and data suggests more upside is in store “ Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the moment. …
” The state of Solana: Will the layer-1 protocol rise again in 2023? “ About two months after the FTX collapse, the Solana network is stronger than ever, according to Austin Federa, head of strategy and communications at the Solana Foundation. Federa defines the recent SOL token price crash as a short-term market reaction to…
” Soaring growth of Ethereum layer-2 networks set to continue in 2023 “ Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months a trend that is set to continue in 2023. According to recent data, the leading layer-2 networks have seen an increase in daily active users which…
” SHIB price preps for 75% boom as Shiba Inu teases L2 blockchain launch “ Shiba Inu is hoping to become more than just a Dogecoin-inspired meme cryptocurrency as it comes closer to launching its layer-2 network. Meanwhile, its native token SHIB has emerged as one of the best-performing cryptocurrencies so far in 2023. SHIB price jumps…
” Shiba Inu devs to launch Shibarium L2 network beta “ The developers of the dog-themed token Shiba Inu (SHIB) posted an update to inform its community about its upcoming beta release of Shibarium — a layer-2 network that will run on top of the Ethereum mainnet. In the announcement, SHIB developers shared information about layer-2…