Arbitrum suffered downtime on September 14 as the network’s sequencer went offline for roughly 45 minutes, disclosed Offchain Labs, the company that is developing the optimistic rollup, in an official report on Medium. The young Layer-2 rollup belongs to the flock of scaling solutions that sit on top of the Ethereum (ETH) network, enabling cheaper…
Nearly six weeks after the implementation of the highly hyped Ethereum London upgrade, a colossal amount of ETH has been burned on the network. $1 billion Ether burned Data from Watchtheburn confirmed this with figures, as it indicated that since the activation of London Hard Fork on August 5, over 297,000 ETH, worth more than…
Aragon deploys on Polygon (MATIC) to optimize DAO creation Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, announced last week that Aragon Client, an Ethereum-based project that makes the creation and management of decentralized autonomous organizations (DAOs) easy and cost-effective, is now live on the Polygon PoS network. 2 min…
Mutant Ape Yacht Club, Loot (for Adventurers) and Bloot (not for Weaks) made a splash during the last two weekends, while contributing to tremendous spikes in gas prices, according to the latest DappRadar report that kept tabs on the new decentralized applications (dapps). As the non-fungible token (NFT) space completed its best month ever, topping…
The latest digital asset fund report from CoinShares showed that investor outlook on Bitcoin has become increasingly positive. While last week’s report showed Bitcoin lagged behind altcoins, which saw their highest inflows in the past three years, the latest data shows the market has broken an 8-weel spell of BTC outflows. Market sees inflows across…
Lifetime sales of CryptoPunks top almost $1.2 billion. If that wasn’t enough, things are about to get a whole lot wilder as its creators sign up with the top Hollywood talent agency United Talent Agency (UTA). The deal will see CryptoPunks, and fellow stablemates Meebits and Autoglyphs, get representation on film, TV, video games, publishing,…
Decentralized finance (DeFi) lending protocol Cream Finance has announced it lost millions worth of Amp token (AMP) and Ethereum (ETH) in a recent flash loan attack. The attack is being investigated by a blockchain security company PeckShield that discovered the exploited vulnerability and continues monitoring the flagged address. No other markets affected “C.R.E.A.M. v1 market…
PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. Ahead of the unveiling of its new state-of-the-art hospital for homeless animals, the Chicago-based non-profit teamed up with creative agency Leo Burnett for the…
Chinese tech company Meitu, which made several investments in the two largest cryptocurrencies between March and April of 2021, revealed its impairment loss on Bitcoin holdings in a recent interim results announcement. The Hong Kong Stock Exchange-listed photo editing company holds millions of dollars worth of Bitcoin (BTC) and Ethereum (ETH) as part of its…
Warmed-up investor sentiment favors Cardano (ADA) and Solana (SOL) the most, revealed the recent CoinShares report. The digital asset investment firm recently published a report for the week ending August 20, which recorded first inflows totaling $21 million, following a six-week run of outflows. Solana recorded the highest weekly inflows “Positive price action in recent…