The Web3 decentralized domain space has witnessed a significant development with the recent collaboration between Unstoppable Domains and the Ethereum Name Service (ENS). This collaboration brings together two prominent platforms in the industry, enabling users to create human-readable domain names and cryptocurrency wallet addresses. The integration of Unstoppable Domains and ENS opens up a plethora
Ethereum
CLabs, the organization responsible for the development of the Celo blockchain, has recently announced plans to reintegrate with the Ethereum ecosystem. The proposal, discussed on Celo’s governance forum, outlines a transition from an independent layer-1 blockchain to an Ethereum layer-2 solution. This decision aims to enhance the experience for Celo developers and leverage Ethereum’s tooling
The global blockchain market is experiencing remarkable growth, with a projected worth of $7.4 billion in 2022 and an estimated revenue of $94 billion by the end of 2027, according to a report by MarketsandMarkets. This rapid expansion can be attributed to the increasing utilization of the Ethereum blockchain by businesses striving for digital transformation.
Geist Finance, a prominent lending protocol operating on the Fantom network, has recently announced its permanent closure. This decision comes in the wake of significant losses incurred due to the Multichain exploit. In a social media post on July 14, the development team behind Geist Finance confirmed that they have no plans to reopen the
