The Interplanetary File System (IPFS), a protocol for peer-to-peer file data sharing and storage,  is set to live up to its name through a partnership with Filecoin and U.S. space and weapons company Lockheed Martin.  Filecoin, which relies on IPFS, wants to store an IPFS node on one of Lockheed Martin’s spaceships. When the spaceship…

Ethereum scaling solution Optimism today announced Bedrock, an upgrade that improves speeds and cuts costs for those that trade on the L2. Optimism is a rollup: a Layer 2 scaling solution that batches transactions on another blockchain, then feeds them back to Ethereum as a single transaction. Rollups enjoy the security of Ethereum’s mainnet while…

Cryptocurrency miners continue to pump computing power into the Ethereum and Bitcoin networks despite their tokens’ recent price drop.

ConsenSys founder Joe Lubin emphasizes Eth2 scalability ahead of the first chain-merge on a public testnet planned for June 8.

Accounting firm Ernst & Young and Ethereum scaling company Polygon has launched the mainnet beta of its rollup for businesses, Nightfall. Ernst & Young (EY), one of the ‘Big Four’ financial services behemoths, started work on Nightfall in 2019 to make its customers’ Ethereum transactions private. But the company was so swamped by Ethereum’s high…

LFG burned through its Bitcoin reserves in an attempt to shore up UST. Some of its swaps are raising eyebrows.

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