The Dencun upgrade for the Ethereum network is scheduled to be released soon. Its goal is to greatly improve data storage and transaction efficiency by implementing EIP-4844, or “Proto-Danksharding.” On March 13, Ethereum will undergo a significant upgrade with the launch of Dencun. The highly awaited Dencun update is set to activate in slot 8626176 … Read more
The “Type-1 prover,” Polygon Labs’ most recent invention, has been released. This update may usher in a new age for chains compatible with the Ethereum Virtual Machine, allowing zero-knowledge proofs to be generated and guaranteeing a sharp decline in transaction costs. ‘Type-1’Proverby Polygon to Strengthen Ethereum’s Ecosystem First released is the Type-1 zkevm prover update from … Read more
With Bitcoin, Ethereum, BNB, Solana, and Cardano leading the way, the cryptocurrency markets saw a rise in trading on Friday. In the last day, the total market capitalization of cryptocurrencies increased by 2.24% to over $1.74 trillion. Bitcoin was up 3.8% at $46,196 at 11:50 a.m., while Ethereum was up 1.15% at $2,450. Other altcoins … Read more
Pandoshi appears to be 2024’s equivalent of the enthusiasm experienced by Dogecoin and Shiba Inu investors in 2021. Memes like Dogecoin and Shiba Inu swept the cryptocurrency industry in 2021. Thanks to Elon Musk’s endorsements, Dogecoin saw enormous excitement, capturing the attention of regular investors and generating over 3,300% in gains in a matter of … Read more
As of Wednesday, the aggregate amount of bitcoin held by the exchange-traded funds (ETFs) was 192,255, which is over 2,000 higher than the amount held by MicroStrategy, the biggest publicly traded cryptocurrency holder. With the exception of Grayscale’s GBTC, the new spot bitcoin ETFs currently contain more bitcoin than MicroStrategy. “Concentration of coins held by … Read more
Though traders searching for today’s top gainers in the cryptocurrency space will still need tools like DEXTools to uncover low-cap jewels, the markets are booming on Thursday with Bitcoin (BTC) and Ether (ETH) both at multi-week highs. With several favorable factors supporting cryptocurrencies, Bitcoin is back in the $45,000s and Ether is in the $2,400s. … Read more
In a paper released today, the Bank of International Settlements (BIS) urged policymakers to “future proof” themselves against the negative consequences that an unregulated metaverse would have on the digital economy. The potential of future financial and virtual ecosystems “becoming fragmented and dominated by powerful private firms” is highlighted in the 31-page paper. Policymakers should … Read more