Bitcoin's Taproot upgrade is poised to bring smart contract functionality to the biggest cryptocurrency network.

Polkadot's first parachain auction is expected to be a hit with $800M already committed.

Solana led a $100M funding round in Web3 ventures.

Avalanche rises $200M developer fund in Layer 1 buildout boom.

The Terra stablecoin, UST, will be moving over to the Cosmos universe imminently, which should be quite helpful for the progress of DeFi in that ecosystem.

Fantom's FTM token hit an all-time high this week and is a hot new entrant in the elite club of Layer 1 blockchains.

Polygon, the sixth-largest blockchain by assets locked, is increasing the minimum gas price for transactions on its network by a factor of 30. The move comes as the network recently surpassed Ethereum in terms of Daily Active Addresses and is intended to reduce the number of spam transactions on the network. There have been increasing…

Coinbase Pro is set to list Avalanche’s AVAX token for trading on Sept. 30, according to a Medium post from the company.  Despite the listing, AVAX’s price action has been flat — changing  2.4% to $64.82 since the listing was announced on the morning of Sept. 29 on Coinbase’s Twitter.  Subscribe for free to get…

At 2:01 AM New York time Wednesday morning, the Solana blockchain went live once again, according to @SolanaStatus.  “The Solana validator community successfully completed a restart of Mainnet Beta after an upgrade to 1.6.25,” the platform reported. “Dapps, block explorers, and supporting systems will recover over the next several hours, at which point full functionality…

Solana, one of the biggest DeFi chains by value locked, suffered network outages Tuesday. The Solana team first alerted users to the issue on Twitter at 8:38 AM New York time, saying the network had been “experiencing intermittent instability” for the prior 45 minutes. Some nodes on the smart contracts chain went offline after the…