Vitalik Buterin shares his “endgame” for Ethereum 2.0

Ethereum co-founder Vitalik Buterin revealed his vision for ETH 2.0 in a blog post this week titled “Endgame.” He spoke of developing trustlessness and censorship resistance to levels by his accepted standards. To achieve this, he laid out a “plausible roadmap,” with several surprises, including a proposed second-tier of staking using fewer network resources. The … Read more

‘Vampiric’ Enso Finance aims to leech $1 billion from competing DeFi platforms

Social trading platform Enso Finance has announced a month-long “vampire attack” on six decentralized finance (DeFi) index projects in a bid to siphon their combined liquidity of nearly $1 billion. “Liquidity is the fuel that powers DeFi and it is the essence of Enso’s platform,” noted Enso co-founder Connor Howe. “We want to show the … Read more

Perpetual Protocol v2 launches on Ethereum layer-2 solution Optimism

Perpetual Protocol, a decentralized perpetual futures exchange, has moved to Ethereum’s Layer 2 Optimistic roll-up scaling solution Optimism in its latest effort to provide the best-decentralized derivatives trading experience in crypto. The launch of Perpetual Protocol v2 (dubbed Curie) to Optimism Mainnet reduces the cost required to place a trade and speeds up trade execution, … Read more

Ethereum founder Vitalik Buterin proposes fix for high gas fees

Crypto billionaire Vitalik Buterin has suggested a new short-term solution to curb soaring gas prices on the Ethereum network. The solution involves a new network upgrade that reduces the transaction calldata cost as well as limits the total transaction call data in a single block.  Surging gas fee prices on Ethereum have constantly plagued the … Read more

Diving in: Why are 81% of Ethereum’s Beacon Chain nodes in the U.S. and Europe?

Ethereum was the first generalist blockchain to popularize Decentralize Finance (DeFI) through its use of smart contracts. In turn, they created a rich ecosystem of dApps as web interfaces to the blockchain’s smart contract, so far accounting for 3,778 dApps across 6,730 smart contracts. Such dApps have recreated virtually the entire financial system – borrowing, … Read more

Fidelity received $270 million in Bitcoin, Ethereum donations this year

Fidelity Charitable, the largest grantmaker in the US under the Fidelity Investments banner, has reportedly accepted approximately $270 million via crypto donations since the beginning of 2021, it said in a release. Founded in 1991, Fidelity Investments Charitable Gift Fund (Fidelity Charitable) is the largest public charity in the United States that holds assets worth … Read more

There’s over $4.2 billion locked in Ethereum layer-2 protocols

According to data from analytics platform L2BEAT, there has never been more value locked in Ethereum’s layer-2 scaling solutions. With increasing gas fees driving the adoption of networks such as Arbitrum, Optimism, and Loopring, layer-2 TVL increased by more than 44% in less than a month. Users pour their money into L2s as Ethereum fees … Read more

Billionaire Avalanche backer Su Zhu stirs up controversy after Ethereum criticism

Crypto billionaire Su Zhu took to Twitter yesterday to criticize Ethereum, the world’s second-largest blockchain by market cap, setting off controversy in crypto circles and its appeal for investors and developers alike.  Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum has abandoned its users despite supporting them in the past. … Read more

Why Ethereum creator Vitalik Buterin is excited about ‘crypto cities’ running on DAOs and NFTs

In a speech delivered by Vitalik Buterin on SG Blockchain Day 2021, the Ethereum co-founder addressed core crypto issues and discussed how major cities in the US and the world are adopting cryptocurrency and blockchain tech to simplify financial transactions.  Buterin suggests new ways to implement crypto tech Buterin lauded the newly introduced Miami and … Read more

Ethereum becomes a ‘first-class currency’ on Sotheby’s for Banksy auction

For the first time ever, Ethereum was listed as a payment option on Sotheby’s price table during the auction of two Banksy paintings. While the auction house has been accepting cryptocurrency payments since May this year, this was the first time ETH has both been listed as a first-class currency and used as payment. Banksy’s … Read more