Ethereum

Ethereum network’s gas fee skyrocketed to a new multi-month high amid a growing memecoin frenzy. The high transaction fee has swelled Ethereum’s daily revenue multifold compared to Bitcoin (BTC). While Ethereum proponents celebrated the growth in revenue, many others were quick to point out the growing congestion on the network and the difficulty in processing
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Tornado Cash developer Alex Pertsev is set to be released from jail after spending nearly nine months in prison. Pertsev was arrested in August last year by Dutch authorities on suspicion of being involved in money laundering through the crypto mixing service Tornado Cash. Cointelegraph confirmed the news with the people familiar with the matter, and Pertsev
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Societe Generale, a major French banking and financial services firm, is launching an Ethereum-based stablecoin through its dedicated digital asset arm. Societe Generale-Forge (SG-Forge) announced the launch of EUR CoinVertible, the euro-pegged stablecoin targeting institutional clients, on April 20. The EUR CoinVertible stablecoin will be traded under the ticker symbol EURCV. The new digital asset
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The OpenZeppelin Defender smart contract security platform has now integrated with Coinbase’s Base network, allowing Web3 app developers on Base to automate security tasks. According to an April 19 announcement from blockchain cybersecurity firm OpenZeppelin, app developers on Base can now use the Defender software to create multi-signature admin contracts and timelocks, employ Relayers to
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A quarterly report focused on zero-knowledge (zk) technology indicates that privacy, scaling and identity solutions are major drivers of adoption in the blockchain space. Validator service provider zkValidator report’s titled ‘The State of ZK’ delves into insights from the zk space, highlighting major and emerging use cases, research, product launches and notable investment rounds. The key takeaway
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On Apr. 17, derivatives marketplace Chicago Mercantile Exchange (CME) Group, announced it will broaden its range of cryptocurrency options by adding new options to its standard and micro-sized Bitcoin (BTC) and Ether (ETH) contracts. Pending regulatory review, these new contracts will be available from May 22, and expiries will be available every day of the business
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Kyber Network, developer of the Kyberswap Elastic decentralized crypto exchange, has announced on Apr. 17 that there is a potential vulnerability in the exchange’s contracts. It has advised all liquidity providers to remove their funds as soon as possible. 1/2Attention KyberSwap Elastic Liquidity Providers:We have identified a potential vulnerability, and as a precaution we strongly
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Programming languages like Solidity, which is used to build smart contracts on the Ethereum blockchain network, are frequently used in blockchain development. Ganache helps developers test and debug their applications before deploying them on a live blockchain network. Also, developers must be well-versed in blockchain technology, including its underlying architecture and concepts like consensus algorithms,
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Digital art auction house Sotheby’s has altered its latest art sale significantly after receiving community feedback regarding a lack of diversity, meanwhile a novice player in Illivium: Beyond has made a staggering profit of 140,525% by finding the most elusive character in the game yet. Sotheby’s reboot Glitch Digital Art Sale after addressing diversity concerns
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Blockchain security tech firm BlockSec has launched a new toolkit that enables collaborative testing on private chains “forked from arbitrary (transaction) positions” and block numbers on the Ethereum mainnet. The developer and security researcher-focused toolkit is dubbed the “Phalcon Fork” and was launched by BlockSec on April 14. We’re thrilled to introduce Phalcon Fork, a
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