Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like zero-knowledge rollups (ZK-rollups) to become more than another payment network. Buterin’s comments came during a Twitter Space hosted by Bitcoin developer Udi Wertheimer, […]
Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing is completed, the bridge will allow developers to easily create “validiums” or low-cost layer 2s […]
Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of paying them out to the development team or tokenholders, […]
Contrary to expectations, the Shanghai upgrade has not triggered an exodus of users, but rather a surge in staking deposits on Ethereum. In fact, it looks like ETH may be ready to take on the […]
Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen. Data shared with Cointelegraph highlights the low point for NFT royalties […]
Account abstraction, also known as “smart accounts,” could eventually onboard a billion users from Asia to Web3, according to an executive at Ethereum software solutions provider ConsenSys. Laura Shi, the director of strategic initiatives at […]
Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ethereum (ETH) due to multisignature (multisig) wallets being “complicated in a bunch of ways.” On the 29 June episode of the Bankless […]
Polygon Labs, creator of the Polygon network, has proposed an architecture for its forthcoming “Polygon 2.0” project. The team suggested in a June 29 blog post that the new project should be made up of […]
Chibi Finance has allegedly executed a $1M rug pull on Layer 2 blockchain Arbitrum. The team has vanished and their social media accounts are inaccessible. Security platform Peckshield says the team channeled the funds via […]
Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June 27 social media post from Tiago Sada, head of product for Worldcoin […]
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