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Layer-2 networks need decentralized sequencers — Metis co-founder

[Dec 7 5:14 PM] According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.

Swift to Pilot Digital Asset and Currency Transactions in 2025

[Oct 6 11:30 PM] Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital…

Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems

[Sep 24 11:20 AM] Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a…

Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network

[Sep 15 12:30 AM] Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re…

Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape

[Jan 29 12:30 PM] The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023…

Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months

[Jul 5, 2023 8:00 AM] In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales…

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

[Mar 28, 2023 11:30 PM] According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give…

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever

[Feb 23, 2023 10:30 AM] According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to…

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

[Jan 24, 2023 3:00 AM] Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493…

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 

[Jan 15, 2023 5:30 PM] Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023…

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

[Jan 3, 2023 12:30 PM] After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4%…

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

[Jan 1, 2022 4:00 AM] Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after…