The move comes amid a series of proposals part of Aave’s “GHO cross-chain strategy" aimed at driving the stablecoin's adoption.
Part of their new roadmap includes adding features that make the wallet experience easier for users.
Base uses Flashblocks that boost transaction processing speed tenfold through preconfirmation blocks streamed every 200 milliseconds
The Ethereum founder praised Railgun after successfully preventing the zkLend attacker from washing $9.5 million in stolen ETH.
This DeFi activity could be seen as a way to appreciate the value of Ethereum Foundation's treasury without selling assets.
Both Lens and GHO originate from the developers behind lending protocol Aave, now operating under the Avara umbrella.
The upgraded protocol could bring institutions with the need for compliance and provide operational controls into the staking ecosystem.
VanEck predicts M2 money supply will grow to $22.3 trillion by 2025 from the current $21.5 trillion, boosting crypto markets and top tokens such as SOL.
The protocol is designed to solve the issue of undercollateralized crypto lending by allowing borrowers to customize their vaults.
“Everything went flawlessly as far as im aware,” said Rune Christensen, founder of MakerDAO, which actioned off about $8 million in collateral.
Chronicle, which was spun out of MakerDAO’s “oracle team,” secures about 23% of total value locked on Ethereum.
Alternative ride-sharing app Teleport was founded in 2022, and raised $9 million, amid a surge in interest in "dePIN" projects.
Symbiotic is launching on Ethereum, marking the first fully permissionless restaking protocol to go live in a production environment.
The decentralized lending platform launched a “first-of-its-kind” onchain structured yield product targeted towards institutions.
Liquity V2, which enables borrowers to pick their own interest rates, will direct 100% of its revenues to grow the BOLD stablecoin.
Uniswap Labs said its v4 deployment would start this week so developers can test hooks, and full deployment is expected by next week.
Over 30% of Ethereum validators have signaled support for increasing the block gas limit, according to data compiled by Toni Wahrstätter.
Pyth Network has introduced Lazer, a new oracle solution designed to complement its existing Pyth Core offering.
With approximately 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity.
The cryptography firm is launching an Ethereum Virtual Machine coprocessor enabling full end-to-end encryption and private smart contracts.
Tornado Cash developers are facing criminal charges, and affected parties have civil lawsuits pending against the US Treasury over sanctioning the crypto mixer.
The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers.
The South Korean crypto exchange Upbit had temporarily disabled SUI deposits and withdrawals amid the network outage.
The new platform, called the “Ethereum time machine,” extends Ethereum’s programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.
By supporting Bitlayer, Nansen plans to build the foundation for deeper BTC L2 insights and more efficient decision-making.
The latest round brings Gelato’s total funding to $23 million as it aims to expand its smart-contract automation platform.
In a post published on October 23, Ethereum (ETH) co-founder Vitalik Buterin shared details about ‘The Verge’ upgrade, which aims to make it easier to run validator nodes. New Ethereum Upgrade To Make Running Nodes Easier Buterin highlighted several issues currently facing the Ethereum network, particularly the high resource requirements needed to run Ethereum nodes. Related Reading: Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares According to research from Paradigm, an Ethereum client needs to store “hundreds of gigabytes of state data” to verify transaction blocks. Further, this data requirement increases by almost 30 GB every year, leading to fewer entities being able to run validator nodes. Through ‘The Verge’ upgrade, running nodes can be made more accessible and less resource-intensive by leveraging two key innovations – stateless clients and cryptographic SNARKs (Succinct Non-interactive Arguments of Knowledge). The uninitiated, stateless clients function as fully-verifying nodes without the intensive hardware requirement associated with typical Ethereum blockchain clients. Specifically, stateless clients only need a few gigabytes of storage, in contrast to the current requirement of over 1 terabyte (TB), which makes running a full node considerably resource-intensive. Buterin posits that stateless verification will “make fully-verifying the chain so computationally affordable that every mobile wallet, browser wallet, and even smart watch is doing it by default.” By reducing storage needs, stateless clients can democratize network participation, lowering entry barriers – especially for solo stakers – and enabling more entities to secure and validate transactions on the Ethereum network. Buterin Encourages Solo-Staking By Lowering Requirements Buterin has recently emphasized the importance of making Ethereum solo staking more accessible by lowering entry barriers, such as the minimum amount of ETH required to stake and reducing bandwidth demands. Related Reading: Ethereum Proposal EIP-7781 Promises Network Performance Boost – Here’s What To Expect Additionally, Buterin discussed the advantages of SNARKs in strengthening cryptographic verification and defending against the potential threat of quantum computing. SNARKs are sophisticated cryptographic proofs that enable users to verify blockchain data without downloading all its data. “Download some data, verify a SNARK, done,” Buterin summarizes. In the detailed blog post, Buterin also shed light on the Ethereum Improvement Proposal (EIP) 4762, which deals with stateless gas cost changes in the context of stateless verification. EIP-4762 seeks to adjust gas fees for resource-intensive cryptographic operations to maintain Ethereum network scalability and security. The proposal also introduces ‘multidimensional gas’, which charges different gas fees for call data, computation, and state access functions. Ethereum’s native token, ETH, has attracted increased institutional interest as the smart contract platform’s adoption grows. A recent survey shows that nearly 70% of institutional investors are involved in ETH staking. Despite the overall bullish outlook for Ethereum’s future, this optimism has not yet translated into significant price movement for ETH. Nevertheless, long-term ETH holders remain confident in the token’s long-term potential. At the time of writing, ETH is trading at $2,526, up 1.7% in the past 24 hours. Featured image from Unsplash, Chart from Tradingview.com
The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number.
Decentralize with Cointelegraph is joined by Bart Wyatt of the Eos Network Foundation to explore blockchain’s journey from a decentralized ledger to a transformative technology.
Ava Protocol’s automation tools will simplify smart contracts on Soneium, while supporting developers with no-code solutions and lower costs.