Ethereum is picking up speed again, not in price charts where it is currently struggling, but in the silent machinery beneath it. Two parallel breakthroughs, one on the protocol layer and the other in cryptography, are redefining how fast and how light the world’s most-used blockchain can run. Together, they sketch a future where anyone, […]
The post Can Ethereum be fastest blockchain ecosystem in the world? New upgrade says yes appeared first on CryptoSlate.
Ant Group is betting that the next leap in digital finance will not happen in a bank but on Ethereum. On Oct. 14, the Chinese fintech giant behind Alipay’s 1.4 billion-user payment network launched Jovay, a new Layer-2 (L2) blockchain built atop Ethereum to move real-world assets (RWAs) on-chain at institutional scale. What is Jovay? […]
The post Ethereum to onboard 1.4B new users as Chinese AliPay megacorp launches own L2 appeared first on CryptoSlate.
Ethereum’s developers have approved a plan to lift the network’s gas limit to 60 million during the impending Fusaka upgrade. On Sept. 25, Ethereum Foundation contributor Tim Beiko confirmed that the decision was reached during the All Core Devs Execution (ACDE) #221 call. He also revealed that Fusaka’s testnet activations will begin in October, with […]
The post Ethereum set to boost gas limit to 60 million in upcoming Fusaka upgrade appeared first on CryptoSlate.
Ethereum co-founder Vitalik Buterin has offered rare public praise for Coinbase’s Base network, describing it as a benchmark for how Layer 2 solutions should function. In a Sept. 23 post on X, he argued that Base combines practical usability with the security guarantees of Ethereum’s core chain, creating a model that balances convenience and decentralization. […]
The post Base wins Vitalik Buterin praise as 160 TPS sparks an L2 arms race toward $20B territory appeared first on CryptoSlate.
MetaMask is preparing to embed perpetual futures trading into its interface through an integration with Hyperliquid, according to newly surfaced code leaks on social media. Updates on MetaMask’s public GitHub repository revealed a dedicated “Perps” tab and deposit flows for USDC, signaling the addition of leveraged trading features typically found on centralized exchanges. The new […]
The post Leaked code shows Metamask eyeing in-wallet perps via Hyperliquid appeared first on CryptoSlate.
Base officially announced exploration of a native network token during its Base Camp event on Sept. 15, marking a potential milestone for Coinbase’s Ethereum layer-2 network as it targets global adoption. Base founder Jesse Pollak delivered the announcement during his presentation at the event, outlining the network’s vision to scale from tens of millions to […]
The post Base officially explores native token launch to boost decentralization and global growth appeared first on CryptoSlate.
South Korea’s largest crypto exchange, Upbit, unveiled a cryptic countdown this week for a new blockchain project called “Giwa,” fueling speculation about its purpose and potential role in the country’s fast-growing digital asset sector. The teaser site, which carries the tagline “trusted structure, not just shape,” offered no technical details but directed visitors to the […]
The post South Korean exchange Upbit teases own blockchain network with countdown appeared first on CryptoSlate.
Arbitrum, the largest Ethereum layer-2 protocol, has launched a new initiative designed to channel liquidity into decentralized finance. The DeFi Renaissance Incentive Program (DRIP), announced on Sept. 3, will allocate up to $40 million in rewards to users performing targeted on-chain actions rather than simply generating attention. The program, structured by Entropy and powered by […]
The post Arbitrum launches $40M DeFi incentive amid intensifying L2 race appeared first on CryptoSlate.
Blockchains scaled—and then splintered. Liquidity scattered across L2s, bridges kept breaking, and “data availability” turned into the new bottleneck. Avail wants to solve all three at once. Founded to deliver verifiable, scalable data availability, the project now positions itself as a full-stack unification layer: a DA base, Nexus for proof-based interoperability, and Fusion for shared […]
The post Avail aims to revolutionize blockchain with a universal unification layer appeared first on CryptoSlate.
OKX has executed a broad upgrade to its X Layer network and overhauled the economic model of its OKB token, implementing changes that reshape its infrastructure and supply mechanics. The update, disclosed on August 13, includes a one-time burn of 65,256,712.097 OKB, capping the total supply at 21 million, and the completion of the “PP […]
The post OKB price explodes over 170% after OKX wipes 65 million tokens from supply appeared first on CryptoSlate.
Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 networks retain most of the fee revenue while contributing relatively little back to the Ethereum L1. Thorn added that most L2s are controlled by single […]
The post Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns appeared first on CryptoSlate.
Coinbase’s Ethereum Layer 2 network, Base, has resumed regular block production after a brief service disruption on Aug. 5, according to the project’s status page. The disruption lasted from 06:15 UTC until 06:44 UTC. The pause, which occurred at block height 33,792,704, temporarily impacted key network functions, including deposits, withdrawals, and general block production. However, […]
The post Coinbase’s Base resumes block production after brief outage appeared first on CryptoSlate.
Coinbase’s Layer 2 network, Base, has emerged as the leading blockchain for daily token creation, surpassing Solana for the first time since 2023. This shift is primarily driven by Zora, a protocol that enables users to turn digital content into tradable tokens. Base flips Solana According to data compiled by Sealaunch on Dune Analytics, Base […]
The post Base surpasses Solana in daily token creation, powered by Zora’s content coins appeared first on CryptoSlate.
Ethereum (ETH) registered significant improvements in the second quarter, including increased inflows of exchange-traded funds (ETFs), layer-2 activity, and liquidity, which enhance the prospects for the third quarter. According to the “Charting Crypto Q3 2025” report by Coinbase and Glassnode, US-traded spot Ethereum ETFs captured $1.7 billion in net inflows last quarter, overturning the prior period’s outflows. […]
The post Ethereum attracts record ETF inflows and 39% fee drop in Q2, supporting stronger outlook for Q3 appeared first on CryptoSlate.
Polygon’s Proof-of-Stake (PoS) network will undergo a major consensus upgrade with the rollout of Heimdall v2 on July 10. Sandeep Nailwal, Polygon’s co-founder, described it as the most technically advanced hard fork the chain has undertaken since its launch in 2020. Following the announcement, the network’s native token, POL, gained nearly 10% within 24 hours, […]
The post Polygon surges 10% ahead of Heimdall v2 upgrade appeared first on CryptoSlate.
Robinhood’s stock (HOOD) reached a new all-time high (ATH) after it revealed plans to launch several innovative products, including its own Layer 2 blockchain, tokenized stocks offering, perpetual futures trading, and crypto staking services. Following the news, the stock surged approximately 11% to $92, a new all-time high for the firm. This extends a growth […]
The post Robinhood unveils crypto-heavy roadmap that lifts stock to all-time high appeared first on CryptoSlate.
Coinbase launched wrapped tokens for Cardano (cbADA) and Litecoin (cbLTC) on its Base layer-2 network, the exchange said in a June 25 post. Each synthetic token is backed 1:1 by the underlying asset held in Coinbase custody, and proof-of-reserves pages list the on-chain addresses securing the collateral. The transparency pages already show 11,364 LTC and […]
The post Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base appeared first on CryptoSlate.
Cardano is advancing its long-term scaling strategy with a fresh wave of Layer-2 (L2) innovations, moving beyond the Hydra framework. This next phase was outlined during a high-level research session in June 2025, organized by Input Output Global (IOG), the core development team behind Cardano. The event convened technical leaders from the Intersect Working Group, […]
The post Cardano sets sights on a new era of scalability with layer-2 advancements appeared first on CryptoSlate.
Ink Foundation announced on June 17 that it would mint 1 billion INK tokens to fund user-run liquidity on Ink, the Ethereum layer-2 network backed by Kraken. The foundation has permanently set the supply cap and will release the mint date and contract address after completing the audits. The end of audits, together with predefined […]
The post Kraken’s L2 network rolls out native INK token to power protocol incentives, allocation appeared first on CryptoSlate.
Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […]
The post Polygon’s governance revamp to focus on stablecoin payments and AggLayer appeared first on CryptoSlate.
Ethereum’s recent Pectra upgrade is sparking a surge in smart account usage, redefining how users interact with the network. Data compiled by Base analyst 0xKofi from Bundle Bear shows that more than 26,000 wallets have transitioned to the new smart account format powered by the EIP-7702 in the Pectra upgrade. What are smart accounts? EIP-7702 […]
The post Over 26,000 Ethereum wallets integrate Pectra upgrade features driving smart wallet adoption appeared first on CryptoSlate.
Coinbase is expanding its footprint in the wrapped token space by preparing to release wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 network, Base. In a post published on May 13 via its Coinbase Assets X account, the exchange confirmed the upcoming availability of cbXRP, cbADA, cbDOGE, […]
The post Coinbase to launch wrapped XRP, ADA, DOGE, and LTC on Base network appeared first on CryptoSlate.
The Ethereum Foundation has announced the distribution of over $32 million in grants during the first quarter of 2025. According to the May 8 update, the funding was issued through its Ecosystem Support Program and spread across 94 projects. While the report categorized the recipients by theme and focus area, it did not disclose the […]
The post Ethereum Foundation boosts ecosystem with $32M in grants in Q1 2025 appeared first on CryptoSlate.
Top crypto exchanges Binance and Coinbase will temporarily pause Ethereum (ETH) deposits and withdrawals in preparation for the network’s upcoming pectra upgrade. Binance stated that ETH and tokens on Layer 2 networks like Arbitrum, Optimism, Base, Scroll, Worldcoin, and zkSync will be affected. The exchange pause starts at 09:45 (UTC). The exchange furthered that while […]
The post Ethereum’s pectra upgrade prompts temporary pause from Binance and Coinbase appeared first on CryptoSlate.
Ethereum co-founder Vitalik Buterin has warned that Layer-2 networks should only transition to full decentralization when their underlying proof systems are highly reliable. In a May 5 post shared on X (formerly Twitter), Buterin emphasized that advancing to “stage 2″ of decentralization must be accompanied by solid technical safeguards to avoid introducing unnecessary risks. He […]
The post Vitalik Buterin highlights risk of weak proof systems in Ethereum Layer-2 rollout appeared first on CryptoSlate.
Base has reached “Stage 1 Decentralization” by introducing fault proofs and a decentralized Security Council to its network structure, the layer 2 blockchain announced in a blog post on April 29. Fault proofs allow any participant to propose or challenge claims about Base’s state, with open-source challenger software and financial incentives supporting permissionless dispute resolution. […]
The post Base becomes 10th L2 network to reach at least Stage 1 decentralization appeared first on CryptoSlate.
The Ethereum Foundation (EF) is sharpening its focus on improving the Layer 1 network and enhancing the user experience through a series of upcoming protocol upgrades. On April 21, Tomasz Stańczak, the incoming co-director at EF, confirmed that the organization is shifting its research priorities. The new focus will center on Layer 1 performance, continued […]
The post Ethereum Foundation pivots focus to L1 scaling, frees Vitalik Buterin for research innovation appeared first on CryptoSlate.
Jesse Pollak, the creator of Coinbase-backed Base, an Ethereum layer 2 network, conceded he made a “mistake” by sharing a GIF containing controversial words in an X post. Pollak had shared a GIF that played on the tagline of Base: Base is for everyone. It featured a rotating sequence of terms under the phrase “Base […]
The post Base creator Jesse Pollak apologizes for sharing provocative GIF after latest backlash appeared first on CryptoSlate.
Ethereum (ETH) must address its scalability constraints to sustain the growth of layer-2 (L2) networks and avoid future transaction bottlenecks, according to The DeFi Report. The firm said in a recent report that as L2 networks scale user adoption and transaction throughput, competition for Ethereum’s limited blob space could increase costs and undermine the network’s […]
The post Ethereum’s planned blob increases insufficient to sustain L2 transaction growth appeared first on CryptoSlate.
Coinbase-backed Layer-2 network Base is under fire from the crypto community after promoting a so-called “Content Coin” that lost nearly all its value shortly after launch. The controversy began on April 16 when Base shared a tokenized version of its “Base is for Everyone” post on Zora, a decentralized content-sharing platform, through its official X […]
The post Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch appeared first on CryptoSlate.