Top Ethereum (ETH) Gas Spenders Are Scammers
According to the latest findings by blockchain security firm PeckShield, the top two gas spenders on the Ethereum network are zero transfer scammers.
Bitcoin (BTC) Jumps By 0.74%, Ethereum (ETH) Up By 1.03%
The market is trading in green as significant coins are showing an increase today following the announcement by Genesis of reaching an agreement with the Digital Currency Group and Gemini. At the time of writing, Bitcoin increases by 0.74% in the last 24 hours. Ethereum hikes by 1.03%.
Bloomberg Strategist: ‘No L2 Has Created More Network Effects for Ethereum Than Polygon’
Recently, Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), shared his thoughts on the impact of layer 2 (L2) scaling solutions on Ethereum. Polygon is “a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.” The Polygon Lightpaper describes Polygon as “a protocol and a framework for building a connecting Ethereum-compatible blockchain network.” According to the February 2023 edition of Bloomberg Intelligence’s “Crypto Outlook” report, 2022 was a defining year for Ethereum, despite a decline in activity on the base chain. McGlone attributes this success to the widespread adoption of NFTs and Web3 applications on Layer-2 (L2) chains. (cryptoglobe)
Web3 Game Kingdomverse Completed $3.6 Million Seed Round of Strategic Financing
ImmutableX is the leading platform for building web3 games on Ethereum.
Powering the next generation of web3 games,Kingdomverse has just raised $3.6M in funding in anticipation of launching the first mobile gaming metaverse! The first title, Defend the Kingdom, is a casual PVP TD game where players build teams to battle waves of enemies onIMX!
‘Decentralized Infura’ May Help Prevent Ethereum App Crashes: Interview
Infura is developing a decentralized marketplace of data providers that will help to prevent Web3 app crashes in the future, according to a Feb. 6 Cointelegraph interview with Infura researcher Patrick McCorry.
Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists 'Withdrawals are Coming'
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet. He noted that the testnet has a faucet, block explorer, and staking launchpad support and urged validators to obtain 33 ether from the faucet and “be ready for Shapella Tuesday.”
Will Visa’s Push On Ethereum Act As A Bullish Catalyst?
A global payments giant, Visa is looking forward to building a “muscle memory” around settlements. Intending to increase the ease of conversion between digital tokenized Dollars and traditional US Dollars, Visa is currently investing in a global settlement with crypto tokens and fiat currencies.
Insight To Ethereum Post-Merge Upgrades
The first programmable blockchain, Ethereum, is evolving into a secure, environment-friendly and sustainable ecosystem through a series of upgrades.
Bernstein: Ethereum Activity Has Picked Up, With Shanghai Upgrade the Next Big Catalyst
Ethereum has witnessed much healthier on-chain activity recently, with improved interest in non-fungible-tokens (NFTs) led by the launch of a mini-game by Yuga Labs, Bernstein said in a research report Monday.
Starkware Plans to Open Source Key Tech Linked to Starknet Prover
At the Starkware Sessions 2023 event, held at the Cameri Theatre in Tel Aviv, Israel, Starkware co-founder Eli Ben-Sasson informed the audience that the company intends to open source “key tech” linked to the Starknet Prover. During the event, the co-founder of the Ethereum scaling project stated that this marks a “significant step for scaling Ethereum and cryptography.”
