AVAX’s Ava Labs President on Crypto Markets As Avalanche, Layer 1 Tokens Soar
John Wu, President of Ava Labs, best known for building the “layer 1” Avalanche blockchain, discusses the outlook for layer 1 tokens and the wider crypto markets. This comes as gas fees on “layer 2” solution Ethereum remain near all-time highs. Meanwhile, Ava Labs has been chosen for Mastercard’s Crypto Accelerator Program.
Ethereum Layer 2 Polygon Continues to Expand Scaling Technologies
Polygon’s MATIC token surged after 21Shares announced the launch of a crypto exchange-traded product (ETP) linked to MATIC's performance on Euronext exchanges. Polygon's Dean Thomas shares insights into the latest movements at the Polygon blockchain, which Thomas describes as "an index fund with Ethereum scaling solutions." Plus, what the Bitwise Polygon (MATIC) fund means for the Polygon ecosystem.
Scaling Ethereum Without Trade-Offs: Inside EIP 4488
The upgrade could help lower transaction costs for rollups while the network waits for sharding to be implemented.
Crypto Hedge Fund Three Arrows Capital Snaps Up $400M in ETH
The move comes mere weeks after co-founder Su Zhu “abandoned” Ethereum over its prohibitively high fees for new users.
Polygon’s MATIC Token Up 40% Amid Crypto Rebound
Speculation mounts over Polygon’s foray into zero-knowledge proofs.
Wrapped Bitcoin’s Supply Has More Than Doubled, but BadgerDAO Hack Exposed Risks of Moving Bitcoin to Ethereum
Higher returns usually come with higher risks.
SushiSwap CTO Threatens to Quit, Demands More Autonomy and Compensation
Joseph Delong, chief technology officer of SushiSwap, announced he would leave the popular Ethereum-based decentralized exchange unless the core team is given more autonomy and increased compensation. “The Hash” hosts discuss the outlook for Sushi following the latest escalation in its ongoing infighting.
BitMart CEO Says Stolen Private Key Behind $196M Hack
The crypto exchange’s CEO said the company will compensate affected users out of its own funds.
Large Traders Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay
The average trade size on Curve Finance ranges from $500,000 to $1 million, according to Kaiko.
Can Stablecoin Supply Measure Ethereum Adoption?
As innovation on top of Ethereum continues to connect DeFi with the outside world, stablecoin growth appears to be a strong measure of adoption.
