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Ethereum has recently officially added proposal EIP-7251 to the upcoming Pectra hard fork. This proposal aims to increase the cap limit for available staking (currently set at 32 ETH per validator), thereby unlocking greater potential for the validation network. Ethereum Proposes Adding More ETH for Validator Staking in Pectra Upgrade
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On March 22, Frax Finance founder Sam Kazemian announced a governance proposal on the project's forum outlining the development roadmap until 2026, with the immediate plan to propose fee sharing for FXS token holders. Kazemian highlighted that the deployment of Fraxtal layer-2 in early March marked a new
NFT & GameFi
Punk #7804 was recently sold for 4,850 ETH, making it the second most expensive transaction in the history of the collection. Following the high-profile sale of Punk NFT #3100 for 4,500 ETH (equivalent to $16 million) earlier this month, on March 20, another CryptoPunk NFT, Punk #7804, was
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In line with earlier predictions by market observers, the Federal Reserve (Fed) has maintained its interest rates at their highest levels in 23 years, between 5.25% and 5.5%. Fed Holds Interest Rates Steady for 5th Consecutive Time, Bitcoin Prices Rebound. Image: Coin360 Early morning on March 20, the
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Amid a rush for memecoins, gas fees on the Layer-2 Base have at times surged to $5 per transaction. Layer-2 Base Under Pressure Amid Memecoin Craze. Image: Blockworks Base, the Layer-2 blockchain of the cryptocurrency exchange Coinbase, is facing significant challenges in meeting the skyrocketing demand across its ecosystem. Recently,
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In his latest remarks at the ETH Taipei conference, Ethereum co-founder Vitalik Buterin addressed the issue of decentralization in staking and introduced insights into the Rainbow solution. Vitalik Buterin Explains Rainbow Mechanism to Address Staking Issues on Ethereum Rainbow Staking is a solution introduced by the author "barnabe"
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The initial investment fund in ether.fi, Arrington Capital, is reported to have created 10 wallets to "farm airdrops" on ether.fi, receiving a total of 200,498 ETHFI tokens and subsequently transferring them to Binance. Investment Fund Allegedly Conducts Sybil Attack for Airdrop Gains on ether.fi
NFT & GameFi
Blockchain platform for Web3 gaming Immutable (IMX), Polygon Labs, the developers behind the Polygon blockchain, and investment fund King River Capital have announced a partnership aimed at establishing a $100 million blockchain gaming investment fund. The initiative, officially named the "Inevitable Games Fund" (IGF), is focused on nurturing
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There are currently no signs indicating that the SEC will give the green light to an Ethereum spot ETF, unlike the approval seen with Bitcoin ETFs earlier. Bloomberg: SEC May Reject Ethereum Spot ETF Approval in May. Image: Forbes Bloomberg analyst James Seyffart suggests that the U.S. Securities and
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Starknet (STRK), the ZK-Rollup solution enhancing decentralized applications (dApps), has disclosed its 2024 roadmap focused on improving network speed and reducing transaction costs. A highlight of Starknet’s 2024 roadmap is the introduction of "Parallel Execution" in version v0.13.2 slated for release in Q2 2024. Starknet
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The TON Foundation has announced the establishment of a community reward fund valued at over $115 million, named The Open League. According to The Block, the organization behind the Toncoin (TON) cryptocurrency and The Open Network blockchain aims to allocate resources to support projects and users within the TON ecosystem.
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Data tracked by DeFiLlama reveals that Solana has replaced Ethereum as the leading blockchain by trading volume. In the past 7 days, trading volume on Solana's decentralized exchanges (DEX) surged nearly 67% to $21.25 billion USD, with approximately 40% of this volume coming from Orca, the top