XYO, one of the oldest decentralized physical infrastructure network projects, announced the launch of a public beta of its own Layer 1 blockchain. XYO is transitioning away from the Ethereum (ETH) Layer 2 ecosystem, where it previously operated, to a…
Can Ethereum still claim L1 dominance as Solana gains ground and the ETH/BTC ratio crashes below 0.022? ETH/BTC hits a multi-year low Ethereum (ETH), the world’s second-largest crypto by market cap, is facing a sobering reality check. The ETH/BTC ratio,…
Velar has officially launched the world’s first decentralized perpetuals exchange built natively on Bitcoin. Velar, a DeFi infrastructure platform focused on building advanced trading products and user interfaces for Bitcoin-secured assets, said its new product marks a new chapter in…
Coinbase has announced its support for Celo’s migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network. The transition is set to begin on March 25 with Coinbase temporarily suspending deposits and withdrawals of Celo’s native token, CGLD, during…
Orbiter Finance has surged over 50% in the past 24 hours with the 24-hour trading volume of over $108 million, up by 87%, buoyed by the Bithumb’s listing announcement. Orbiter Finance (OBT) is up 75% today. The main catalyst seems…
Base, the Layer 2 scaling solution for Ethereum, has introduced three new features to improve its transaction speeds, increase scalability, and make it simpler to use. For speed, Base introduced flashblocks technology, which reduces block time from 2 seconds to…
Sony Group and Astar Network are launching a campaign with a 100 million ASTR reward to drive adoption and growth on the Soneium ecosystem. According to a press release sent to crypto.news, Japanese blockchain ecosystem Astar (ASTR) Network has partnered…