DAM Finance’s Global Liquidity Infrastructure Live on Ethereum and Polkadot Mainnet
DAM Finance, a global shared liquidity layer, announced its decentralized, multi-chain liquidity infrastructure is live on Ethereum and Moonbeam, a Polkadot parachain. The launch marks a significant milestone in DAM’s roadmap, featuring the first of several multi-network decentralized applications designed to improve value mobility across the fragmented digital assets space.
JPMorgan: Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-Of-Stake-Blockchain Average
Ethereum’s Shanghai upgrade, scheduled for mid-March, will raise the blockchain’s staking ratio in the medium term, JPMorgan (JPM) said in a research report Wednesday.
Bitcoin vs. Ethereum: Digital Gold vs. Decentralized Computer
Bitcoin and Ethereum were built for different purposes but collectively influence the whole crypto space. Their influence is evidenced in the market size, dominance ratios, and the number of spin-off projects.
ConsenSys Founder ‘Bullish’ on Ethereum Following Crypto Winter Performance
With Ethereum showing resilience through the latest cryptocurrency winter, Consensus founder Joe Lubin says he’s ‘bullish’ over Ether's (ETH) relative stability through compounding macro events.
Institutional Investors Prefer Bitcoin Over Ethereum Now
Institutional investors are prioritizing Bitcoin over Ethereum in 2023. The report was published by the digital asset analysis firm Arcane Research. According to the research firm, the open interest of Bitcoin futures climbed 6% in Chicago Mercantile Exchange (CME), while Ethereum’s future has declined by more than 25% in the last month.
Ethereum Gas Price Spikes 29% in January as User Activity Grows: Report
According to a data report from Analytex, Ethereum’s average gas price — calculated in terms of the smallest Ether (ETH) denomination, gwei — increased by 29.27% in January 2023. The report compares gas prices in January and December 2022, noting an increase in user activity as a key indicator for the rise in average gas price from 19.2 gwei to 24.82 gwei month on month.
Reddit Adds 4 Million Newly Minted Polygon-Based NFTs in Two Months
Reddit just added a whopping 4 million newly minted NFT avatars in under two months. The social news aggregator platform has been one of the biggest success stories among mainstream brands that have forayed into the ‘wild west’ of NFTs.
Ethereum Shanghai Hard Fork: Everything You Need to Know in 3 Minutes
Shanghai Hard Fork is a step forward in Ethereum’s development plan and a catalyst for the entire crypto ecosystem.
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking platforms. More than 15% of the liquid staking TVL is being staked with Coinbase’s wrapped ether.
Ethereum Testnet Successfully Processes First-Ever ETH Staking Withdrawals
An Ethererum test network (testnet) successfully simulated withdrawals of staked ether (ETH) for the first time, bringing the second-biggest blockchain yet another step closer to its historic transition to a fully featured proof-of-stake network. The upgrade was triggered at epoch 1350 at 15:00 UTC and finalized at 15:13 UTC. (10:13 ET).
