Despite government incentives, researchers from the University of Chicago found that only 4.9% of all sales in El Salvador are conducted in Bitcoin.

LSD Protocols May Make Ethereum Vulnerable to Abuses of Power After Shift to PoS

Optimism Struggles to Handle Surge for OP Token

A step-by-step guide to claiming Optimism's $OP airdrop.

The Ethereum Foundation launched the Eth2 Beacon Chain on a public testnet yesterday, marking one of the final tests before Ethereum transitions to Proof-of-Stake later this year. The Beacon Chain, Eth2’s Proof-of-Stake consensus layer, went live on the longstanding public testnet, Ropsten.  The launch is a major milestone toward Ethereum’s highly anticipated ‘chain-merge’, which developers…

Using on-chain data, Nansen traced seven power users who may have triggered the depeg when they rushed to sell huge amounts of UST on Curve.

Ethereum developers foiled a “mischievous” miner’s attempt to expedite Ethereum’s transition to Proof-of-Stake on a public testnet by two weeks. Developers expect Ethereum’s Eth2 Beacon Chain to merge with Ethereum’s mainnet this autumn. The transition, known as “The Merge”, will change the chain to Proof-of-Stake consensus and abandon Proof-of-Work miners.  Ethereum’s developers want to trial…

Ethereum inventor Vitalik Buterin said that algorithmic stablecoins should be scrutinized according to how they fare under extreme market conditions, and whether they can safely wind down when hype falls away. Despite the recent collapse of UST and LUNA, which knocked UST from its $1 peg and wiped billions from the market, Buterin argued in…

Terra is forking its blockchain and ditching UST, the algorithmic stablecoin that collapsed in dramatic fashion two weeks ago. 

Crypto users are speculating that Optimism could drop its OP token as early as tomorrow.