Union Square Ventures backs Ethereum layer-2 solution zkSync
The Matter Labs startup, behind zkSync, a layer-2 solution based on zkRollup technology, has closed a Series A funding round. It was led by Union Square Ventures.
Union Square Ventures backs Ethereum layer-2 solution zkSync
The Matter Labs startup, behind zkSync, a layer-2 solution based on zkRollup technology, has closed a Series A funding round. It was led by Union Square Ventures.
Kraken to compensate users harmed by sharp drop in Ethereum price
The cryptocurrency exchange Kraken will partially reimburse losses of users affected by the sharp drop in Ethereum price at the start of the week.
Ethereum miners split into two camps over EIP-1559
Ethereum miners have split into two opposing camps over the EIP-1559 proposal. It envisages burning a portion of transaction fees and aims to reduce gas-price volatility.
Galaxy Digital backs world’s first Ethereum ETF filing
CI Financial, a Canadian asset manager with about $180 billion in assets under management, filed with the Ontario Securities Commission (OSC) to launch an Ethereum-based ETF. The adviser will be Galaxy Digital led by Mike Novogratz.
TimeCoinProtocol to sell 10 million tokens at up to a 90% discount
TimeCoinProtocol opened the sale of TimeCoin (TMCN) tokens with a 90% discount to the asset's market value. This was announced on the project's website.
Andreessen Horowitz Leads $25 Million Series A for Ethereum Layer-2 Solution Optimism
Project Optimism, behind the development of the Ethereum Layer-2 solution Optimistic Ethereum (OΞ), has closed a $25 million Series A round. It was led by the leading Silicon Valley venture firm Andreessen Horowitz (a16z).
Study finds cryptocurrency users exceed 100 million
In January 2021, the number of cryptocurrency users reached 106 million, according to a Crypto.com report. Analysts studied data from 24 Bitcoin exchanges. In January, new users rose by 15.7%, while the prior three months saw growth of 0.8-1.3%.
CoinShares to Launch Physically Backed Ethereum ETP
The asset management company CoinShares announced the launch of an exchange-traded product (ETP) based on Ethereum with physical exposure in cryptocurrency.
Unslashed Finance insures Lido Finance staking clients on Ethereum 2.0
Lido Finance has partnered with the DeFi protocol Unslashed Finance. The collaboration provides $200 million of slashing insurance for staking service’s clients against penalties for incorrect validation of blocks in the Ethereum 2.0 network.
User paid 25 ETH for Uniswap token approval
A user of the decentralized exchange Uniswap paid 25 ETH (~$37,000 at the time of writing) to approve transactions with the USDC stablecoin. This drew the attention of Groundhog's chief technology officer, Andrew Redden.We use cookies to improve the quality of our service.
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