Arbitrum, a prominent Layer 2 solution for the Ethereum blockchain, has taken a significant step by adding the unclaimed tokens from the Arbitrum airdrop to its network’s treasury. This move by the Arbitrum Foundation marks an important milestone for the project and its community. On September 24th, the Arbitrum Foundation made an official announcement on
Ethereum
Google Cloud’s BigQuery service recently integrated 11 blockchain networks into its data warehouse, according to a blog post on September 21. This move demonstrates Google’s continued interest in blockchain technology and its commitment to expanding its blockchain coverage. Additionally, Google has introduced a new feature to simplify blockchain queries and enhance data accuracy. Google Cloud’s
Pancakeswap, a decentralized exchange (DEX) known for its multichain functionality, recently announced the addition of Transak as a provider in its “buy crypto” tab. This addition offers Pancakeswap users yet another option when shopping for cryptocurrencies. Prior to this, Mercuryo and Moonpay served as the providers for this feature, with Transak becoming the third provider
Digital currency investment firm Grayscale has joined the ranks of companies seeking to launch an Ethereum futures exchange-traded fund (ETF) by filing a proposal with the Securities and Exchange Commission (SEC). This move comes shortly after Valkyrie, another asset management firm, filed a similar proposal for an Ether futures ETF. Grayscale’s filing outlines the details
In a shocking revelation, Hong Kong-based cryptocurrency exchange CoinEx announced that hackers managed to steal over $70 million worth of tokens due to compromised private keys. This devastating security breach has left the platform scrambling to regain control and seek ways to recover the lost funds. CoinEx representatives have provided further insight into their ongoing
The crypto market has experienced a significant decline in exchange-traded products (ETPs) over the past nine weeks, as reported by asset manager CoinShares. This downward trend reflects negative sentiment towards cryptocurrencies, impacting both Bitcoin (BTC) and Ethereum (ETH) funds. ETPs are designed to track crypto prices and serve as an accessible investment avenue for traditional
Ethereum developers recently unveiled a new testnet called “Holešky” on September 15th. The primary purpose of this network is to facilitate staking activities, infrastructure development, and protocol advancements, as outlined in the developer documentation. However, for application development, Sepolia will remain the dominant network of choice. To kickstart the operations of the Holešky network, an
Matter Labs, the creator of zkSync, has recently collaborated with DappRadar to launch a new ecosystem portal aimed at further decentralizing the protocol. zkSync, a layer-two blockchain for Ethereum payments, was developed by Matter Labs as a solution for scaling the Ethereum blockchain ecosystem. With over 200 projects currently using zkSync and more than 8.8
Stablecoin issuer Paxos has recently released the first transparency report for PayPal USD (PYUSD), an Ethereum-based stablecoin. The report has provided insights into the backing of the coin, reassuring users that it is fully backed by assets. As of August 31, 2023, the total tokens outstanding amount to $44.4 million, while the total assets held
The blockchain ecosystem continues to expand with the emergence of Manta Network, a new player in the world of layer-2 blockchain solutions. Manta Network has recently launched its ZK-as-a-service platform, Manta Pacific, which aims to power decentralized applications (DApps) using zero-knowledge (ZK) proof technology. This modular L2 solution is designed to be compatible with the
