The emergence of Decentralized finance, commonly referred to as DeFi served as a catalyst for the commencement of the upward trend in the value of cryptocurrencies in 2020. Looking ahead to 2023, Glassnode, a blockchain data firm, reports a general lack of enthusiasm among investors for blue-chip tokens such as Uniswap and Maker.
In the fast-paced world of cryptocurrency, the pursuit of decentralization has become a crucial focal point of discussion, and Cardano is one project that has garnered significant attention, with its founder Charles Hoskinson recently asserting that its decentralization efforts will serve as a “wake-up call” for other coins.
The amount of Ethereum on centralized exchanges has nearly hit a five-year low, per data from Glassnode.
On May 11, Ethereum users experienced an interruption in service as transactions were unable to be finalized for roughly 25 minutes. This disruption was due to a problem affecting Ethereum’s Beacon Chain, though it recovered after that brief period of time.
The Ethereum network has seen the successful introduction of curveUSD, an algorithmic stablecoin powered by the Decentralized Finance Protocol CurveDAO. This marks a significant advancement for the DeFi space as a whole.
A former developer of Tornado Cash, a cryptocurrency mixer that obscures the tracking of digital assets, is developing a new platform that aims to address the service’s association with illegal activities.
When it comes to utilizing AI in the military, there is significant debate about the ethical implications. Palantir Technologies has proven that Artificial Intelligence can be applied for defense and other armed forces operations. Consequently, policymakers must guarantee that Large Language Models and algorithms are employed responsibly.
After the Shanghai upgrade made it possible to withdraw staked tokens, Ether holders withdrew over $102 million worth of Ether within the first six hours. However, analysts consider this amount to be as expected.
Magic Eden is set to launch a new Ethereum NFT marketplace featuring top collections and a commitment to fair creator fees.
The much-awaited Shapella upgrade has been scheduled for release on April 12th, enabling validators to withdraw their staked ETH and marking a significant step towards the full implementation of Ethereum 2.0
