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Blockchains

Bug in Leading Ethereum Node Software Has Caused the Chain to Fork
Blockchains

Bug in Leading Ethereum Node Software Has Caused the Chain to Fork

A bug in outdated versions of the leading Ethereum client for node operators, Geth, is causing forks on the chain, according to research by the Block. According to The Block, this could enable double spends on the world’s second-largest blockchain by market capitalization. Ethereum security lead Martin Holst Swende tweeted, “Fortunately, most miners were already…
Layer 1 Player Avalanche Offers $180M in Incentives to Woo Defiers
Blockchains

Layer 1 Player Avalanche Offers $180M in Incentives to Woo Defiers

Layer 1 blockchains are making extraordinary offers to attract DeFi protocols and juice liquidity.  It was Harmony earlier this week, and now it’s Avalanche. The Avalanche Foundation is offering $180M in liquidity mining incentives to bring more apps into its DeFi ecosystem.  The first recipients? Users of the Avalanche-deployed versions of lending platform Aave and…
Solana’s SOL Breaks All-Time High as Ecosystem Comes Together
Blockchains

Solana’s SOL Breaks All-Time High as Ecosystem Comes Together

The Solana blockchain’s SOL token is soaring to an all-time high, climbing the ranks to become the tenth largest cryptocurrency in terms of market capitalization.  SOL rallied as much as 38.8 % to $68.24 today, the highest ever. The digital asset is up 3,441.9% this year, compared with 353.3% for ETH and 58% for BTC. …
Ethereum Price Rallies in Lead Up to EIP-1559
Blockchains

Ethereum Price Rallies in Lead Up to EIP-1559

The price of Ethereum’s Ether has been rallying in the lead-up to the EIP-1559 upgrade. ETH crossed $2,500 for the first time since June 16 over the weekend — that’s a 47% increase from $1.7K on June 22, the lowest since hitting an all-time high above $4.3K on May 12. Analysts and traders speculate Ethereum’s…
THORChain – Fool Me Twice
Blockchains

THORChain – Fool Me Twice

Shame on you indeed. Much like the former leader of the free world, one DeFi protocol has had apes in thrall to its narrative of global domination. A force to break down walls between chains and conquer every territory on offer. Thorchain has been the darling of the wokest of woke defi influencers with its…
Is Ethereum REALLY Ultra-Sound Money!?
Blockchains

Is Ethereum REALLY Ultra-Sound Money!?

Okay, so this ultra sound money thang. What is it? Well it’s a meme. A joke from the inner circles of Ethereum communities to describe what’s going to happen to Ethereum as it transforms this year. And we have researcher Justin Drake to thank for its genesis which starts with a single tweet.
Sunday Gas Wars: Ethereum Gas Prices Spike After NFT Frenzy
Blockchains

Sunday Gas Wars: Ethereum Gas Prices Spike After NFT Frenzy

Ethereum gas prices spiked on Sunday as collectors, bots and apes raced to get their hands on newly launched NFT projects.  Gas fees, which briefly hit 600 gwei on Sunday due to demand, were reminiscent of a time when triple-digit gas fees were the norm. Gas fees for minting an NFT cost around $160. Yet,…
1st Look: Arbitrum L2 rollups – Use the bridge, Trade on MCDEX, Failing a lot (Arbiswap, Bancor)
Education

1st Look: Arbitrum L2 rollups – Use the bridge, Trade on MCDEX, Failing a lot (Arbiswap, Bancor)

Arbitrum is a L2 scaling solution for Ethereum from Off-chain Labs. It should make it extremely easy for developers to move apps to L2 since no new tooling is required. They just announced their Mainnet Beta so this was a perfect opportunity to get a very first taste of a rollup future. It didn’t go…
Cardano: DeFi’s Dark Horse or Dead Duck?
Blockchains

Cardano: DeFi’s Dark Horse or Dead Duck?

I have to confess, much like Mr. Cuban I’ve never found myself particularly charmed by Cardano. It’s just never been my jam. But this project is mentioned more than any other in our comments section each and every week. So, I decided to kick my personal biases firmly in the Hoskins and take a good…