Base, a Layer-2 Ethereum solution has set out a target to achieve $100 billion in on-chain assets by October 2025. The platform aims to achieve significant growth by focusing on three key areas. That is enhancing the number of developers, growing the user community and enhancing the efficiency of the ... Read more
Sony L2 adoption reflects Ethereum’s flexibility for centralized businesses. Cryptonatives challenge Sony’s partial decentralization approach. Ethereum’s L2 ecosystem is primed for rapid corporate adoption. Sony’s entry into Ethereum’s Layer-2 (L2) ecosystem via Soneium marks a strategic move. Ethereum community member and investor Ryan Berckmans sees this as a vital step ... Read more
The TON Foundation, linked to Telegram, is setting its sights on the U.S. market as the Trump administration ushers in anticipated favorable blockchain regulations. The foundation aims to leverage these evolving opportunities to position itself as a leader in the blockchain industry, aligning with pro-crypto policies expected under Donald Trump. ... Read more
Ethereum network’s progress over the past four years showcases its commitment to scalability and efficiency. This year, the network delivered a whole raft of key improvement upgrades: EIP-1559 for fee burning, production-grade Layer 2 solutions, the groundbreaking Merge that pivoted the chain to proof of stake, and recently, EIP-4844 with ... Read more
Solana developers introduced a quantum-resistant vault intended to protect users’ funds against the potential threat of emerging quantum computing technology. The important solution dubbed the “Solana Winternitz Vault,” employs advanced cryptography to outsmart the developing quantum computing abilities. The Winternitz Vault relies on an advanced hash-based signature scheme that generates ... Read more
The notorious hacker group Blockchain Bandit has come back to the cryptocurrency community with a new attack plan. At this address, on December 30, 2024, the group moved 51,000 Ether (ETH), which is approximately $172.2 million, into a single wallet. This is the first major activity of the group for ... Read more
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has made its financial markets one notch more innovative with the implementation of the Digital Bond Grant Scheme (DBGS). As announced on November 28, this scheme, which targets subsidizing the issuance costs of tokenized bonds, will help strengthen the city’s ... Read more
The Central Bank of Brazil (BCB) has partnered with a large group of technology companies to design a new trade finance system using blockchain. The partnership also involves financial services company Banco Inter, Microsoft Brazil, tech company 7COMm and smart contract provider Chainlink. This project is included in the second ... Read more
LayerZero, an interoperability protocol in the blockchain industry, has today announced a significant integration that supports PayPal USD (PYUSD) transfers between Ethereum and Solana networks. This innovation that is built on LayerZero’s Omnichain Fungible Token (OFT) Standard guarantees that users and businesses can make cross-chain transfers easily and securely. According ... Read more
1inch, a leading DeFi protocol, was recently hacked, and the attack affected its web dApp. Some users reported seeing pop-ups that looked quite shady and asked them to link their wallets. Blockaid, a blockchain security company, said that these prompts led users to the ‘Ace drainer’ page which pretended to ... Read more
