DeFi Innovations
Why Arbitrum and rollups are dominating Ethereum scaling
Arbitrum is leading the way in Ethereum scaling, according to a new report by Nansen, a blockchain analytics platform. What are the challenges that lie ahead?
Michelle Lim
Lens
ETH – Ethereum
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DAO Governance
ConstitutionDAO to shut down after unsuccessful bid for copy of U.S. Constitution
The decentralized autonomous organization (DAO) that formed to buy a rare copy of the U.S. Constitution will soon be shutting down after failing to win an auction for the document last week, despite raising over US$40 million in ETH to do so, as the Verge reports. Fast facts As Forkast.News reported last week, 17,437 members […]
Lachlan Keller
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DeFi Innovations
Solana’s Ethereum virtual machine Neon integrates Aleph.im for interoperability data
Neon, an Ethereum virtual machine on the Solana blockchain, today announced that it is integrating Aleph.im, a cross-blockchain computing network and decentralized indexing provider, for on-chain data on Solana — a first step towards bringing cross-chain decentralized finance (DeFi) between Ethereum and Solana. Fast facts Ethereum is currently the dominant blockchain for general-use smart contracts, […]
Michelle Lim
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Altcoins
Avalanche price breaks into crypto top 10 as market sees red
Amid a sea of red in crypto markets today Avalanche is bucking the trend, gaining 130% since the start of the month to reach a new all-time high of US$146.22 and leaping over Dogecoin to enter the crypto top 10. This clears that list of memecoins for the first time since Dogecoin’s historic run in […]
Lachlan Keller
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Crypto Trading and Strategies
Bitcoin, Ethereum prices continue descent, but crypto funds see inflows
Bitcoin continued its descent this morning Asia time and is currently trading around US$57,050 according to CoinGecko data. The largest cryptocurrency by market value saw a brief surge Monday, crossing the US$59,000 mark, but the rally was not sustained. Ethereum, too, is trading lower at US$4,169, down 15% from its Nov. 10 all-time high of […]
Michelle Lim
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DAO Governance
What is a DAO — and can it replace your employer?
Out of nowhere, a leaderless 'flash mob' of crypto investors pops up to buy a rare copy of the US Constitution. What are DAOs and how do they work? Forkast.News explains.
Zoltan Vardai
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New DAO Projects
ConstitutionDAO fails to win Sotheby’s auction
17,437 virtual strangers chipped in over $40 million to jointly buy a rare copy of the US Constitution. They lost their bid but now has everyone asking: What is a DAO?
Lachlan Keller
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Risks in DeFi
DeFi fraud and thefts rose 600% in 2021 to reach $10.5B
Billions have been stolen through hacks from decentralized finance protocols, with Ethereum seeing the bulk of losses, according to a report by Elliptic.
Michelle Lim
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NFT Marketplaces
Mintable wants to be the world’s largest NFT market by cataloging all Ethereum-based NFTs
How to sift through millions of NFTs before buying? NFT marketplace Mintable is hoping to attract more users with these new organizing and ranking features.
Michelle Lim
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Advanced Blockchain Technologies
Polygon launches Miden for Ethereum scaling
Ethereum Layer 2 solutions — protocols built on top of the Ethereum blockchain that handle transactions off the Ethereum mainnet — have been on the rise as developers work on improving Ethereum’s scalability as its number of users and applications continue to grow. Polygon, a Layer 2 Ethereum scaling platform, today announced the launch of […]
Michelle Lim
