blockchain
In-depth research, opinions, and analysis of blockchain trends.
Magic Eden Will Soon Support NFTs On The Ethereum Blockchain
<p>Magic Eden, the leading NFT marketplace platform on Solana, said that it will start encroaching on the Ethereum blockchain, which will become a fierce competitor of Opensea. Magic Eden will appear on Ethereum According to CoinDesk, the #1 NFT marketplace platform on Solana, Magic Eden, will soon support NFTs on Ethereum, becoming a direct competitor</p>
Solana Has Signs Of A Security Vulnerability, Phantom Users Need To Beware
<p>There is a lot of information that some applications on Solana may be experiencing security problems, Solana also suggested that Phantom users should pay attention to not lose assets. Solana is having a security problem On the morning of August 3, the crypto community on Twitter is passing many reports that the Solana network may</p>
Binance’s CZ Denies Claims Of Losing 90% Users After KYC
<p>Losing 90% of users over the implementation of KYC looks significant and concerning. Changpeng Zhao (CZ), the CEO of the exchange went on to call out other media outlets for misquoting Gambaryan. CZ denies rumors of losing 90% of users Yesterday, in his tweet CZ denied rumors that Binance has lost 90% of its users</p>
Arbitrum Says No To Zero-Knowledge Technology
<p>Arbitrum has made notable updates during the rollout of the Nitro version. Besides, a notable detail is founder Steven Goldfeder’s tweet explaining the platform’s solution. On July 28, the platform announced that it had successfully migrated the Arbitrum Rinkeby testnet to the Nitro version. According to the shared team, the official process of deploying Nitro</p>
Experts Still Don’t Explain The Spike In Active ETH Addresses
<p>Online measurement company Santiment is still investigating the cause of the sudden increase in active ETH addresses, which eclipsed the previous ATH by a whopping 48%. On July 27, the analytics firm tweeted that the number of daily active addresses on Ethereum had suddenly spiked to 1.06 million, breaking the previous high of 718,000 set</p>
Fantom Approves Proposal To Fund Ecosystem Projects Using Portion Of Burn Fees
<p>A governance vote saw a large number of community members in favor of using a third of Fantom’s burning fees to fund new projects. Fantom community members approved a governance proposal to utilize one-third of the network’s burning fees to support future ecosystem projects. This option has received nearly 100% of the total votes cast.</p>
Polygon’s Average Cost Per Transaction Decreased By 49% In Q2
<p>In its most recent release, Polygon, a PoS blockchain that competes with Ethereum, published its Q2 statistics. The network’s average cost per transaction dropped by 49% to $0.018 in Q2, which Polygon highlighted as evidence of its success despite the current weak market in cryptocurrencies. Following this, Polygon also had a 12.0% rise in the</p>
Moonbeam Officially Integrated With Osmosis
<p>Moonbeam integrates with the Osmosis DEX, and cross-chain token swaps between Polkadot and Cosmos have never been easier. According to information published on July 23, Moonbeam will officially integrate with Cosmos-based Osmosis. From now on, users can easily swap tokens between Polkadot and Cosmos. This is considered a big step forward between these two ecosystems.</p>
“The Merge” Is An Opportunity For Ethereum To Overthrow Bitcoin
<p>Ethereum’s impending transition to a proof-of-stake consensus will change its monetary policy, potentially making ETH more scarce than Bitcoin (BTC). Ethereum researcher Vivek Raman believes that ETH’s upcoming transition to proof-of-stake (PoS) consensus will allow it to take over Bitcoin’s position as the dominant cryptocurrency. Raman said in an interview with Cointelegraph: “ETH does have,</p>
Traders Withdraw $3.6 Billion In Ethereum From Exchanges In 17 Days
<p>The predicted date for The Merge, as revealed by Ethereum (ETH) developer Superphiz, is less than two months away, and the announcement seems to have made some progress. First, the value of Ethereum skyrocketed. Second, Ethereum’s hashrate has been down 18.21% since June 30. The data also shows that the amount of ETH stored on</p>
What Experts Say About Solana’s Future?
<p>Solana (SOL) price is not expected to change drastically later this year. But if you HODL, everything will be fine again by the end of 2030. This is according to the latest Finder price prediction report. The fintech and Web3 experts have predicted that the price of SOL will be $45 by the end of</p>
Polygon Launches Layer-2 Solution Built For Ethereum
<p>Polygon launches ZK-Rollups scaling solution, zkEVM, compatible with EVM. On July 20, 2022, Polygon launched an expansion solution using ZK-Rollups technology, zkEVM. It is known that zkEVM will be compatible with the Ethereum Virtual Machine (EVM), or projects built on zkEVM will easily integrate with the Ethereum network. ZK-Rollups is a complex technology used on</p>
CZ: Binance Has No Plans To Offer Stock Trading
<p>CEO Changpeng Zhao said that Binance is solely focused on Web3 and is eyeing acquisitions, not offering securities trading. “We are a pure Web3 company,” CZ said Regardless of how many new users it attracts, Binance has no plans to open stock trading. Sharing on Decrypt’s latest gm podcast, CZ is blunt that it is</p>