A quick recap of today’s major crypto news: a significant DeFi hack, continued positive flows into Ether ETFs, and political divisions impacting digital asset legislation.
Tag: Layer2
Ethereum Reclaims DeFi Ground as Bots Fuel $480B Stablecoin Volume
Ethereum’s mainnet is experiencing a resurgence in DeFi, driven by increased bot activity in stablecoin transfers and lower transaction fees.
Ethereum Reclaims DeFi Ground as Bots Drive $480B Stablecoin Volume
Ethereum’s mainnet is experiencing a resurgence in the DeFi space, fueled by increased bot activity in stablecoin transactions and lower transaction fees. This is potentially shifting the landscape of DeFi dominance.
Ethereum Foundation Restructures, Lays Off Staff: What It Means for ETH
The Ethereum Foundation has rebranded its Protocol R&D team and laid off staff as part of a strategic shift. This analysis explores the potential impact on Ethereum’s development and market sentiment.
Solana’s Memecoin Dependency: A Potential Pitfall, According to Standard Chartered
Standard Chartered suggests Solana’s focus on memecoin trading may be a ‘one-trick pony,’ potentially hindering its long-term growth as transaction volumes decline. Explore Solana’s challenges and its potential future beyond memecoins.