Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote
    17 Apr 2023
    195 Views

    A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community. When voting closed on April 16 more than 99%…

    Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH
    17 Apr 2023
    197 Views

    Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%. Over 1 million Ether worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months. The 1.03 million…

    Blockchains need an interoperable standard to evolve, say crypto execs
    17 Apr 2023
    188 Views

    Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says. Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say. Many expect there will be multiple…

    Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical
    17 Apr 2023
    252 Views

    Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty. Recent turmoil in the banking sector has shown that Bitcoin and Ether can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest CEO Cathie Wood — butone long-time…