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 , […]
South Korea’s Crypto Investors Boosts CEX Profits by 106%
Investment portfolios in South Korea remain modest, with 67% of investors holding less than 500,000 won ($362) in crypto assets. During this time period, South Korean cryptocurrency investors witnessed a substantial rise, which coincided with the profitability of the digital asset exchanges in the country. There were 7.78 million cryptocurrency investors in South Korea during […]
Starknet Records 857 TPS, Averages 127.5 Stress Test
Starknet’s new TPS record suggests that Ethereum has scaling potential, but it also raises key questions concerning real-world scalability. On Oct. 29, Starknet, an Ethereum layer-2 (L2) scaling solution, achieved a significant milestone by reaching a peak of 857 transactions per second (TPS) during a controlled stress test. The test recorded an average of 127.5 TPS […]
Ethereum’s Vitalik Buterin Donates $1M+ to Ukrainian Humanitarian Efforts
Vitalik Buterin donated 400 ETH (over $1 million) to four Ukrainian humanitarian nonprofits, including the UHF Fund, highlighting crypto’s role in supporting humanitarian causes. On Tuesday, Vitalik Buterin, the founder of Ethereum, donated 400 ETH, more than $1 million, to four Ukrainian humanitarian non-profits. The potential of cryptocurrency for philanthropic endeavors was demonstrated through exchanging […]