As the Ethereum layer-2 (L2) ecosystem continues to expand and encompasses most of the daily economic activity on the Ethereum blockchain, the problem of centralization persists. Elena Sinelnikova, co-founder of the Metis L2, recently told Cointelegraph that layer-2 scaling solutions should adopt decentralized sequencers to maximize anti-fragility and censorship resistance. According to Sinelnikova, most layer-2…

Opinion by: Bader Kalooti, regional growth and operations lead (MENASAT) at Binance. We live in an extraordinary era of Web3 and blockchain technology. Despite being a relatively young industry, today’s mass adoption and enthusiasm surrounding digital assets is unprecedented. More people are getting involved and more people are talking about it. Hesitation is quickly fading….

EigenLayer, Ethereum’s largest restaking protocol, is upgrading its rewards program to grant more flexibility to protocols and restakers, according to a Dec. 6 blog post. The changes let third-party protocols using EigenLayer — dubbed actively validated services (AVSs) — distribute rewards to validators based on performance. They also let validators, or “operators,” set fee rates…

Ether outshined Bitcoin in the cryptocurrency spot and derivative markets after the United States Nov. 5 presidential election and keeps gaining momentum, according to a Dec. 2 report by crypto exchange Bybit. In November, Ether “gained significant traction against BTC, as reflected by the sharp drops in the ratio between their spot prices,” Bybit said in its…

A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape. India currently hosts over 1,000 Web3 startups across the finance, infrastructure and entertainment sectors, according to a Hashed Emergent report released on Dec. 4 at the India Blockchain…

Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality. The Bitcoin price rose to a record…