Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday...
TRX now live on Ethereum via the BitTorrent Bridge
Tron founder Justin Sun has announced that TRX is now accessible on Ethereum. According to Sun, Tron will leverage the BitTorrent Bridge, which provides a...
Bitcoin and Ethereum network revenues spiked in May despite significant headwinds: ETC Group report
Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report by the ETC Group. Ordinals...
The Graph migrates settlement layer to Arbitrum
The Graph began its transition from Ethereum in 2022. Arbitrum offers more scalability, low transaction costs and high network speeds. The price of GRT and...
Ethereum proposal seeks to increase validator limit from 32 ETH to 2,048 ETH
Ethereum Foundation researcher Michael Neuder outlined the proposal during a core developer meeting. The proposal seeks to raise the validator stake limit from 32 ETH...
Ethereum dApps settle on Solana with Neon EVM’s closed beta
Neon EVM is a low-friction solution that enables Ethereum dApps to settle transactions on Solana. The EVM helps breach the gap between Ethereum and Solana....
Rodeo Finance exploited for the second time in a week, $1.53M lost
Rodeo Finance is an Arbitrum-based decentralized finance (DeFi) protocol. The hacker manipulated price oracles and executed trades using the manipulated price. The price of Rodeo...
Circle to launch USDC natively on Arbitrum
USDC natively issued by Circle will become the official version of the stablecoin on Arbitrum. The company expects native USDC to gradually replace “bridged USDC”...
Chibi Finance allegedly executes $1M rug pull on Arbitrum, CHIBI plummets 98%
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....
Germany’s Deutsche Telekom set to become a Polygon validator
Germany’s Deutsche Telekom is one of Europe’s largest telecommunications companies. Deutsche Telekom provides consulting and software development services. Polygon has about 100 validators providing staking...