Ether Staking Deposits Top Withdrawals for First Time Since Shapella Upgrade
The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain.
Technology
Block Demand Leads to Fee Spike as Bitcoin-Based Memecoins Flourish
Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows.
Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day
The price of the DEX’s native chr token jumped 25% in 24 hours.
Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape
Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview.
Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols
Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut.
Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
Over $8 million in fees have been paid to the network by inscription creators since their inception.
Bitcoin Use Cases Are Seeing ‘Explosive Growth,’ Trust Machines Says
“Bitcoin is fun again because there’s a place to build again,” said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, on StageX at Consensus 2023.
Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin
Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations.
Jack Dorsey’s Block Snaps Up Bitcoin Mining Chip as Intel Winds Down Production
Block’s bitcoin mining products could come as early as early next year.
Aptos Introduces Delegated Staking to Increase Participation in Staking on Network
The new feature will allow users to reap staking rewards without requiring them to serve as validators for the blockchain’s transactions.