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Month: July 2023

cryptocurrency July 18, 2023

Advertisements The new developer environment aims to drive privacy-first, cross-chain DApp development for the Ethereum ecosystem and smart contract blockchain networks. Oasis has launched its confidential Ethereum Virtual Machine-compatible blockchain, Sapphire, which it says will allow decentralized applications (DApps) to tap into improved privacy features.  With Sapphire and the Oasis Privacy Layer (OPL) now live, […]

cryptocurrency July 18, 2023

Ethereum price corrected further lower below the $1,900 level against the US Dollar. ETH is showing bearish signs and might decline further toward $1,825. Advertisements Ethereum extended its decline and tested the $1,875 level. The price is trading below $1,930 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with […]

cryptocurrency July 18, 2023

Advertisements Ethereum was the protocol with the highest count of fee-paying users in the last six months. It was, however, four places behind Tron in terms of daily active user count. Ethereum [ETH] takes the lead as the project with the highest count of fee-paying users in the last six months, data from Token Terminal […]

cryptocurrency July 17, 2023

ZkSync’s new prover for its zkSync Era rollup will offer cheaper transactions through reduced capital costs. Advertisements Unlike other scaling solutions, some of which require up to 500 gigabytes of memory, zkSync’s new prover will only consume 8 GB. ZkSync Prover Decentralizes Key Infrastructure The Boojum prover can use the memory on standard Graphical Processing […]

cryptocurrency July 17, 2023

Advertisements Unstoppable Domains and Ethereum Name Service have dominated the decentralized domain name space as competitors — until now. Two of the biggest platforms powering Web3 decentralized domains are now available under one roof after Unstoppable Domains announced support for .eth domain names from the Ethereum Name Service (ENS). The two service providers have been central […]

cryptocurrency July 17, 2023

Ethereum price failed to stay above $2,000 and corrected lower against the US Dollar. ETH could start a fresh rally if there is a move above $1,950. Advertisements Ethereum started a downside correction and tested the $1,900 level. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There is a key bearish […]

cryptocurrency July 17, 2023

Advertisements GHO has launched on the Ethereum mainnet. Aave has replaced MakerDAO as the DeFi protocol with the second-largest TVL. Following the ratification of a proposal to do the same, lending protocol Aave [AAVE] finally launched its over-collateralized stablecoin GHO on the Ethereum Mainnet on 15 July.  The Aave DAO has successfully launched @GHOAave on […]

cryptocurrency July 16, 2023

Advertisements According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain. CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.  According to a proposal […]

cryptocurrency July 16, 2023

Advertisements Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology. The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.  Recent findings […]