Ethereum co-founder Vitalik Buterin disapproves of cross-chain applications
Vitalik Buterin raised serious security concerns about cross-chain bridges in the blockchain ecosystem in a Reddit post on Friday. He cited “fundamental security limits of bridges” as the key reason for his disapproval. Buterin claims that putting native assets directly on the blockchain (Ethereum on Ethereum , Solana on Solana, etc.) gives some protection against […]
Ethereum Devs debunk warning made by JPMorgan about the end of DeFi dominance
Ethereum developers and contributors claim that the network’s emphasis on security provides a solid foundation for future growth. Ethereum popularized decentralized finance, which has now grown into a $250 billion industry thanks to the network’s app developers. However, by 2022, its share of the pie may have shrunk. JPMorgan Chase’s investment bank has a team […]
ETH Outperforms BTC in 2021 and Already Performs Better in 2022
Ethereum outperforms Bitcoin in 2021, which has become one of the most prosperous in the cryptocurrency market’s history and is already performing better in 2022. Ethereum Outperforms Bitcoin by a Wide Margin The year 2021 has become one of the most prosperous in the cryptocurrency market’s history. The year ended with a 58 percent gain. […]
Whale Alert: 24,000 ETH worth $100 million bought and transferred to a personal wallet
According to a tweet by Whale Alert, 24,000 ETH worth $100 million was bought by and transferred to a personal wallet which was clearly a transfer of money from the Gemini wallet to the whale’s personal wallet Large investors and traders have taken advantage of the current correction in the cryptocurrency market by buying dips […]
Tornado Cash sets to launch on Ethereum’s layer two network Arbitrum
Privacy protocol Tornado Cash is preparing to launch on Ethereum’s layer two network Arbitrum. Once fully deployed, users will be able to make private transactions through the Arbitrum L2 network. Tornado Cash ‘s smart contracts are now live on the Arbitrum Layer 2 scaling network, thanks to community efforts that have ensured the protocol’s reliability. […]