[PRESS RELEASE – Berlin, Germany, April 11th, 2024] Nektar Network – the multilayered Re-staking network is designed to optimize Ethereum’s security model while scaling distributed solutions, paving the way for more decentralized infrastructure. The team behind Diva Staking unveils the Nektar Network, a pioneering restaking ecosystem poised to redefine the …
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Recently, renowned trader Peter Brandt voiced criticism directed squarely at Ethereum (ETH), the second-largest crypto by market capitalization, denouncing it as a “junk coin” in a blunt assessment. Ethereum Faces Criticism Celebrated for his insights into financial markets, Peter Brandt spared no punches as he castigated Ethereum, arguing that it …
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Vitalik Buterin – the co-founder of Ethereum – shared insights on the next steps in the protocol’s simplification and easing the burden on node resources, also known as ‘Purge.’ The Purge essentially aims to safeguard the protocol by optimizing data storage. At the same time, it also seeks to address …
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In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission (SEC) Chair Gary Gensler to provide further clarification on the agency’s stance regarding the custody of Ethereum (ETH) by Prometheum. The …
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As the fourth Bitcoin halving approaches and is about a month away, the primary cryptocurrency’s price experienced something it hadn’t done before – to chart a new all-time high before that significant event. In fact, that happened last week but only intensified during the past several days. The weekend went …
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Binance Smart Chain (BSC), commonly known as BNB Chain, has announced the “BEP 336 upgrade”, inspired by Ethereum’s Dencun upgrade (EIP 4844), which aims to optimize data storage and processing on the blockchain. The upgrade is expected to significantly reduce transaction costs, improve network performance, and drive the price of …
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As the Ethereum ecosystem braces for the much-anticipated Dencun upgrade, renowned crypto analyst Miles Deutscher provides an in-depth look at the altcoins poised for significant growth. Scheduled for March 13, the Dencun upgrade is a critical hard fork aimed at enhancing Ethereum’s scalability, security, and usability. Deutscher’s insights reveal how …
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Vitalik Buterin has taken to social media to express his anticipation for the imminent integration of “Verkle trees” onto the Ethereum blockchain. He emphasized that this advancement will enhance the functionality of staking nodes, decrease disk space requirements, and elevate the overall user experience. Enhanced Efficiency and Decentralization In a …
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[PRESSS RELEASE – SAN FRANCISCO, United States, February 8th, 2024] Flood is enabling dApp developers to streamline, own, and monetize their order flow. Flood, a protocol for order routing, management, and settlement, announced today its $5.2M seed funding round co-led by Bain Capital Crypto and Archetype, with participation from Robot …
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Analysts predict that the Securities and Exchange Commission (SEC) will approve spot Bitcoin ETF applications in January 2024, following the approval of Bitcoin (BTC) Futures ETFs in October 2021 and Ether (ETH) Futures ETFs in October 2023. In anticipation, traditional financial institutions also applied to issue spot Ether ETFs. Since …
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Buterin emphasized that these proposals provide credible ways to limit the number of signatures without compromising security or showing favoritism. Ethereum wants to make its proof-of-stake model simpler for better efficiency. Right now, validating transactions on the Ethereum blockchain is done by a large number of validator nodes, around 895,000 …
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Buterin believes the enshrined zkEVM method, which returnes functions to L1, is the next course of action as “light clients” get stronger. Ethereum co-founder Vitalik Buterin has made a case for taking some functions away from Layer-2 networks or rollups, back to the main Ethereum chain. This “enshrined zkEVM” (zero-knowledge …
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