In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum, […] Source: https://news.bitcoin.com/aave-network-set-to-launch-following-aave-v4-protocol/
Month: May 2024
Tensions in DeFi industry exposed by LayerZero’s anti-Sybil strategy
LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members. Source: https://cointelegraph.com/news/tensions-defi-layerzero-sybil
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache reveals that the funds have been allocated […] Source: https://news.bitcoin.com/mt-gox-moves-141686-btc-to-three-addresses-consolidates-142846-bch/
Polygon Labs co-founder Sandeep Nailwal assumes new ZK role
Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK. Source: https://cointelegraph.com/news/polygon-labs-sandeep-nailwal-new-zk-role
MoonPay launches Web3 platform for brands, digital experience
Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029. Source: https://cointelegraph.com/news/moonpay-launches-web3-platform-brands-digital-experience
LVMH is augmenting humans with AI, not replacing them
The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees. Source: https://cointelegraph.com/news/lvmh-augmenting-humans-ai-not-replacing
Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network. Source: https://cointelegraph.com/news/ens-migration-layer-2-reduce-gas-fees-improve-speed
Ethereum (ETH) Gas and Transaction Fees Explained
Not enough gas for a transaction! How many gwei is it? The gas limit is too low! Most users outside of the Ethereum ecosystem can’t wrap their heads around this kind of talk. The Ethereum platform is quite peculiar when it comes to transaction fees and operational features. It uses an internal payment method called gas — a fee required…
Crypto awareness key for US presidential candidates, says survey
Seven out of ten respondents claim they have invested, and almost one in five (19%) say they hold cryptocurrency Source: https://cointelegraph.com/news/crypto-awareness-key-us-presidential-candidates-survey
Why One Solana Validator Voted Against Increasing Priority Fees
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Solana validators will receive additional fees after a proposal passed with 78% support on Monday. The author and supporters say it will secure the integrity of…