Binance integrates Ethereum layer-2 protocol “Arbitrum” as scaling battle heats up
Binance became one of the first centralized exchanges to implement layer-2 support for its Ethereum deposits by integrating the newly announced Arbitrum One core network. Arbitrum is now integrated into Binance The CZ-led exchange said that it has finished the integration of the Arbitrum One mainnet into its system and that its customers may now […]
See why crypto billionaire abandons Ethereum
Su Zhu, the CEO of Three Arrows Capital, delivered a harsh tweet against Ethereum and its community. He claims to have firmly abandoned the second-largest cryptocurrency due to its exclusive nature for newcomers, which he attributes to its discriminatory nature for newcomers. Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum […]
DAO-based governance, according to ENS’ director of operations, ‘has always been the plan’
Ethereum Name Service, or ENS, unveiled its own governance token on Monday in an attempt to give voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem. Brantly Millegan, ENS’ director of operations, spoke about the nonprofit’s plan to switch to a DAO model and his thoughts on the […]
Layer-2 and multi-chain DeFi platforms see groundbreaking inflows as Ethereum fees rise
Since at least 2014, when Ethereum Network co-creator Vitalik Buterin declared in relation to Bitcoin, “The ‘Internet of Money’ should not cost $0.05 per transaction,” high transaction fees have been a thorn in the side of investors and blockchain projects. It’s a little ridiculous.” In November 2021, authorizing a token so that it can be […]
Ethereum Name Service introduces ENS Token, moves towards DAO
Ethereum Name Service (ENS) has revealed that the DAO, as well as the organization, has grown sufficiently to transmit the fundamentals of governing process to the community via a dedicated DAO system, according to details revealed in a blog post. Decentralized autonomous organizations, often known as DAOs , are managed by a set of rules […]