RedStone launches oracle AVS on EigenLayer
RedStone is the first major oracle provider to adopt Ethereum’s restaking protocol via EigenLayer, currently in testnet phase. With the launch of a data-validation service on EigenLayer, RedStone has established itself as the first major oracle provider to use the Ethereum restaking protocol. RedStone has stated in a statement that it intends to develop a […]
Raydium Surpass Ethereum in 24-hour Fee Revenues
On October 21, Solana-based Raydium, generated $3.4 million in fee revenue, as opposed to $3.35 million for Ethereum, according to DeFiLlama. According to DefiLlama, Raydium , a decentralized exchange (DEX), achieved a higher 24-hour revenue than the Ethereum network on October 21. Raydium Fee Revenue According to DeFiLama According to data from DefiLlama on daily […]
Vitalik Buterin Reveals Vision for ApeCoin, Zuzalu, DAOs
Vitalik Buterin advocates for decentralized governance that goes beyond token holdings, promoting a more open structure. Vitalik Buterin, one of the co-creators of Ethereum, expressed his desire on Monday that the future decentralized autonomous organization (DAO) will have a greater number of options to gain extremely decentralized and permissionless formal membership. Buterin asserts that at […]
Cardano Will Flip BTC And Ethereum-Charles Hoskinson
Charles Hoskinson stated that Cardano will surpass Bitcoin and Ethereum in twenty years. Charles Hoskinson has stated that the Cardano network will surpass Bitcoin and Ethereum in size and has specified a timeframe for this development. This occurred as the Cardano founder also argued that his network has a competitive advantage over other layer-1 networks, […]
Ethereum Adding EIP 7742 to Pectra Upgrade
The Ethereum Pectra upgrade will include EIP 7742, enabling the Consensus Layer (CL) to dynamically adjust blob gas goals and max values. A new update for Ethereum Pectra is now available. Christine Kim, who is the Vice President of Galaxy and also a researcher, stated that the developers addressed the upgrade during their 144th All […]