More than $100 billion has been raised for cryptocurrency startups since the end of May 2014. Looking back, there have been highs and lows amid regulatory uncertainty and market volatility. But the past four years have seen both the ceiling and floor raised despite continuing peaks and troughs. Data sourced from TVL aggregator DefiLlama shows that as…

The Ethereum ecosystem’s combined transactions per second (TPS) has exploded to a new all-time high, thanks to a sudden TPS spike in a relatively unknown Ethereum layer 3. L2BEAT data shows that the Ethereum scaling networks, including layer-2 and layer-3 blockchains, registered a combined 246.18 TPS on June 16, which equates to an estimated 21.2 million transactions…

Ethereum zero-knowledge layer-2 scaling platform zkSync has continued to defend criticism over the criteria for its zkSync (ZK) token airdrop, slated to launch on June 17. In a frequently asked questions (FAQ) document updated on June 15, ZK Nation answered 15 questions mostly aimed at explaining why some groups were eligible for the token while others weren’t. One of its longer…