Ethereum Foundation's Treasury Shrunk 39% Over 2 1/2 Years to $970M
The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.
Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on New Features
The prestigious team of developers say that the new method for adding "covenants," while still in need of refinement, could bring greater programmability to the Bitcoin blockchain without requiring a notoriously difficult-to-pass upgrade known as a soft fork.
VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.
Protocol Village: MultiversX Reports That Tech Enthusiast Set Up Testnet Node on Smartphone
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 31-Nov. 6.
‘It’s So Early’: How Solana Is Competing With Ethereum for Institutional Interest
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.
Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless
Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.
Protocol Village: Starknet Claims to Shatter Transaction Speed Record Among Ethereum Layer-2 Networks
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 24-30.
Leading Bitcoin Layer 2 Picks Optimism's Red-Hot Superchain to Link to Ethereum
BOB, which is trying to make Bitcoin a DeFi hotbed, aims to create bridges between itself and layer-1 blockchains like Ethereum.
Astria, Project to Decentralize Crucial Blockchain 'Sequencers,' Goes Live With Main Network
Astria's sequencing layer could be used like a modular plug-in for other networks, as an alternative to a centralized sequencer – sometimes seen as a bottleneck, or a single point of failure, or potentially a vector of transaction censorship.
