Tag: blockchain

To effectively address the scalability challenge, it is crucial that both L1 and L2 solutions work together. As of February 2023, over 44.15 million unique addresses have a non-zero balance of Bitcoin. While this may seem impressive, let’s face it — blockchain technology has come a long way since Bitcoin’s inception in 2009. However, as the…

The new feature will allow users to purchase cryptocurrencies using various payment methods, such as debit or credit cards, PayPal, bank transfers and instant ACH. Cryptocurrency wallet and decentralized application (DApp) provider MetaMask has announced the launch of a new feature that will allow users to purchase crypto with fiat currency directly from its Portfolio Dapp. The…

Bitcoin has hit $30,000 for the first time since last June and has set a new price high for 2023. Bitcoin has hit price highs not seen since mid-2022 with the largest crypto by market cap touching $30,000 and setting a new high for 2023. According to CoinGecko data, Bitcoin has slightly surpassed $30,000 and is at…

Only users who have traded on the decentralized exchange in the last four days are apparently affected. A bug on a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to over $3 million in losses in the early hours of April 9, according to several security reports on Twitter. Blockchain security companies CertiK…

A new proposal asks the Arbitrum Foundation to return 700 million ARB tokens after community backlash. Voting ends on April 14. The Arbitrum community has initiated a new proposal requesting the Arbitrum Foundation to return 700 million ARB tokens to its DAO Treasury. The move comes after the Arbitrum Foundation transferred the funds without receiving the community’s…

While it may cause downside pressure in the short run, the Shanghai upgrade will be extremely bullish for Ether’s price in the mid-to-long term, according to Vivek Raman. While it may have some short-term negative impact on the price of Ether, the upcoming Shanghai upgrade will be extremely bullish for Ethereum’s native token, as it…