Injective’s “inEVM,” which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum’s Orbit toolkit.
Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’
EIP-3074 has drawn both support and concern from the Ethereum community, a code change that is supposed to improve the user experience with wallets on the blockchain.
EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token
Some 45% of the EIGEN token supply will go towards the EigenLayer community, while investors will be allocated 29.5% of the token supply, and 25.5% will go towards early contributors.
Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync
The chains’ users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.
Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s
CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project’s CELO tokens, under the chain’s governance rules.
Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”
Kraken Releases Own Crypto Wallet, Joining Competition With Coinbase, MetaMask
According to a blog post shared with CoinDesk, the new Kraken Wallet will be the first from a major exchange to be open-sourced.
Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital
The fresh round of capital will be used to help launch Puffer’s mainnet.
Crypto Exchange OKX’s Polygon-Powered Layer 2, ‘X Layer,’ Hits Public Mainnet
The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.
Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the to tweet to CoinDesk, describing it as a “leak.”
Ether.Fi Inks $500M Restaking Deal With RedStone Oracles
Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone’s data oracles, which are used to pass information between blockchains and the outside world.
Ethereum’s Next Upgrade, ‘Pectra,’ Could Include Relief for Institutional Stakers, Wallet UX Improvements
Developers’ aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.
Ethereum Foundation Researchers’ Proposal to Slow ETH Issuance Draws Pushback
The proposal, initially introduced in February, could harden Ethereum’s native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it’s not broke, don’t fix it.
Ethereum Hit by ‘Blobscriptions’ in First Stress Test of Blockchain’s New Data System
Ethereum fees for “blobs” – the blockchain’s new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribing data, known as “blobscriptions.”
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
The shared sequencer leading firm said that the round would further invests in their products as well as additional hires.
Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack’ in Runup to Polygon Move
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
Ethereum Activates ‘Dencun’ Upgrade, in Landmark Move to Reduce Data Fees
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as “proto-danksharding,” which gives room for a dedicated space that is separate from regular transactions, and at a lower cost.
Ethereum Blockchain Counts Down to ‘Dencun’ Upgrade, Set to Reduce Fees
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum.
Ethereum Fees Set to Drop for Arbitrum, Polygon, Starknet, Base. But How Much?
Leading figures behind layer-2 teams told CoinDesk how Ethereum’s upcoming Dencun upgrade will affect their networks.
Polygon Lands First User of New ‘AggLayer,’ Inking Deal With Astar Network
By plugging into the AggLayer, Astar users will have access to the liquidity in the Polygon ecosystem, allowing cross-chain transactions between Astar and Polygon zkEVM, making the experience feel like a single chain.