Ethereum’s second major update named Shanghai is just some hours away from being completed on the blockchain. It is estimated that ETH tokens amounting between $22.38 billion (roughly Rs. 1,82,520 crore) and $33 billion (roughly Rs. 2,70,900 crore) are currently staked on the blockchain. The Shanghai upgrade will let people…
Ethereum, the most commercial blockchain in existence, is often looked at as a benchmark for other blockchains seeking competition. In a fresh development, the daily transactions on Arbitrum have surpassed those on Ethereum. Developed by New York City-based Offchain Labs, Arbitrum is a layer-2 scaling solution, built upon the Ethereum…
The Cardano blockchain has marked the completion of its latest Valentine upgrade, that brings a bunch of network improvements. The eco-friendly proof-of-stake (PoS) blockchain announced the development on February 14, Valentine’s Day. The upgrade is now live on the Cardano mainnet and will expand the cross-chain interoperability for developers as…
India should consider lowering the 1 percent TDS on cryptocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday. The ‘Impact Assessment of 1 percent TDS on VDAs’ report by Chase India…
The team behind the Shiba Inu memecoin has decided to expand the availability of its underlying technology to get more Web3 projects to take its support and get more of its tokens into circulations. In the coming days, the developers of the SHIB coin will release a Layer-2 Shibarium network…
Ethereum, the world’s most commercialised blockchain, is set to see the completion of another historic update, called the Shanghai update. As of now, people who staked Ether tokens to validate the blockchain had no way to withdraw their tokens. It is estimated that $22.38 billion (roughly Rs. 1,82,520 crore) worth…
OpenSea is expanding support for NFTs built on different blockchains, amid a rise in newer marketplaces coming up to sell digital collectibles. In a fresh development, OpenSea has announced that NFTs built on the BNB chain will now be listed and sold on its platform, which is touted as the…
The Polkadot protocol is bidding on its own community members to keep the network away from scammers and bugs. Polkadot has announced its plans of launching a community-driven anti-scam initiative. The aim is to give its community members a say in the governance of the protocol, while also rewarding them…
Google is making it easier for Web3 developers to get coding distributed blockchain apps with the launch of Blockchain Node Engine in Google Cloud, which hosts and deploys fully managed blockchain nodes in the cloud. Google claims that some of the benefits of its service are being simpler to set…
The Ethereum Foundation has announced the launch of a new testnet, which it is calling “Shandong.” The testnet will allow developers to test their protocols before “Shanghai” goes live, which happens to be the first upgrade for Ethereum post-merge that’s estimated to take place in 2023. Shandong will serve as…
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