Polygon Releases the zkEVM to Scale Ethereum
Polygon has released the first implementation of zkEVM to scale Ethereum and ensure EVM equivalence while ensuring high performance.
Crypto News
Ethereum
Crypto News
DeFi
NFT
Omni, an NFTs-for-ETH Loans Platform, Hacked for over $1.45 Million
Omni, an NFTs-for-ETH loans protocol, lost $1.45 million of their internal testing ETH to a hacker on July 10, 2022.
Crypto News
General
Users Prefer Litecoin (LTC) on BitPay, Payment Count Rose 21% in June
Litecoin transactions via BitPay, the world’s oldest crypto payment processor, are up 21 percent, pointing to increasing demand for low fees.
Crypto News
DeFi
MakerDAO vote to Extend a $100 Million Loan to a U.S. Bank
MakerDAO is voting on a proposal that will see Huntingdon Valley Bank access a $100 million line of credit.
Crypto News
Ethereum
Over $8.2 billion of Ethereum (ETH) burnt in 331 Days
Over $8.2 billion worth of Ethereum (or more than 2.5 million ETH) have been burnt in 331 days following the activation of EIP-1559.
Crypto News
Ethereum
Morgan Stanley: PoS will not Solve Scaling Problems in Ethereum
Morgan Stanley is pessimistic on Ethereum plans of migrating to a proof-of-stake system saying scaling challenges won’t be resolved.
Crypto News
Ethereum
Institutions Appear to be Exiting their Ethereum (ETH) Positions
Crypto institutions appear to be exiting their Ethereum positions as on-chain activity droop, according to data from Coinshares
Crypto News
NFT
GameStop Users to Buy ETH using Fiat Following Ramp Integration
GameStop users can now purchase ETH from the platform’s non-custodial wallet following partnership with Ramp.
Crypto News
Ethereum
USDC Flips USDT Daily Average Transactions on Ethereum
For the first time in the history of USDC, the stablecoin posted more transactions on the Ethereum network than USDT.
Crypto News
Ethereum
GPU Now Cheaper as ETH Prices Dump ahead of the Ethereum Merge
GPUs are now cheaper, down double digits from their MSRP prices, as ETH spot prices dump ahead of Ethereum 2.0 migration.