Spark Launches First On-chain Orderbook on Ethereum
Spark has launched a fully on-chain orderbook for Ethereum using layer-2 chain Fuel Network technology. A press statement states that as decentralized finance sees a comeback, Spark has introduced its on-chain order book for the Ethereum ecosystem to offer quick execution for advanced retail, institutional, and professional traders. An order book is a digital list […]
Ethereum Fees Poised For Rebound Amid L2
In November, Ethereum’s Layer-2 networks tripled data uploads since March, after the Dencun upgrade cut earnings by 95%. Researchers in the cryptocurrency industry and onchain data predict that the activity on layer-2 (L2) scaling networks will increase demand for data storage, which will lead to a recovery in Ethereum’s network earnings. According to statistics provided […]
Michigan State Pension Fund Invests $10M in Ethereum
The Michigan Retirement System has diversified its crypto holdings, investing $10 million in Grayscale’s Ethereum Trust. The State of Michigan Retirement System, which is responsible for managing $13.6 billion in pension fund assets, has initiated diversifying its crypto holdings in the wake of its entrance into the asset class earlier this year. The state fund […]
Asia Leads in Crypto Developers as US Decline
The geographic distribution of crypto developers frequently indicates the regions most positioned to drive future blockchain innovation. A recent report reveals that Asia has surpassed North America as the leading region for cryptocurrency and blockchain development talent. As of 2024, Asia accounts for 32% of global cryptocurrency developers, up from 13% in 2015, positioning it as […]
DeFi Report: Ethereum reclaims 42% Solana outflows
DeFi Report founder Michael Nadeau outlined that most Ethereum value moved to layer 2s, which would drive value to the layer-1 blockchain. While Solana has received inflows from other blockchains, a significant portion of that value has flowed back to Ethereum, according to Michael Nadeau, founder of The DeFi Report. In an X post , […]