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How will the Bitcoin halving impact Bitcoin L2s?
The Bitcoin halving is anticipated to occur in the second half of April this year. Like real-world gold, bitcoin is considered by many to be “digital gold,” with a maximum supply of 21 million coins. As the Bitcoin halving draws near, many…
This Week on Crypto Twitter: Courtroom Dramas for Coinbase, Sam Bankman-Fried
Illustration by Mitchell Preffer for DecryptLegal intrigue was the theme of the week, keeping Crypto Twitter perched on the edge of its seat—booing and cheering in equal measure. On Monday, a federal judge declined to dismiss the Securities…
Spark protocol deploys new DAI markets on Morpho’s lending protocol
Spark, a Maker SubDAO-built DeFi infrastructure, has deployed $100 million in new DAI liquidity with Morpho Blue, Morpho’s lending protocol. This move allows users to borrow Ethena’s stablecoins, USDe and sUSDe, at highly efficient…
What’s Next for Ethereum NFT Game ‘Parallel’ and Solana’s ‘Colony’ After $35 Million Raise
Parallel Studios, the startup behind Ethereum NFT card-battler Parallel, announced late Wednesday that it has raised $35 million in fresh funding from a bevy of major firms around the crypto world and numerous well-known angel investors.The…
Blob base fee surges, Ethereum misses slots as ‘BlobScriptions’ go viral
On Wednesday morning, the website Ethscriptions created a way to mint inscriptions on EIP-4844 blobs, which are cost-saving packets of data introduced in Ethereum’s recent Dencun upgrade.
As with other blockchains that have received the…
Ethereum Game ‘Illuvium’ Teases Airdrop, Q2 Release Amid $12 Million Raise
Illuvium Labs, the gaming studio behind the anticipated blockchain gaming universe Illuvium, announced this week that it has raised $12 million in Series A funding as it gears up for the launch of its interconnected game titles in Q2 2024. …
ORA’s on-chain AI oracle is now available on Ethereum mainnet
Verifiable oracle protocol ORA is launching its on-chain AI oracle (OAO) on Ethereum mainnet.
Although the initial launch of OAO is on Ethereum, over the coming weeks the oracle will also be live on Optimism, Base, Polygon and…
Bitcoin and Ethereum See 3% Gains as Halving Looms
After sinking as low as $63,000 over the weekend, Bitcoin has rebounded and posted a 3% gain to start the week.At the time of writing, the Bitcoin price is $66,964. Despite its 2.5% dip over the past week, BTC has still managed to surge 31%…
Espresso lands $28M to become marketplace for shared sequencing
Espresso Systems, a blockchain scaling and privacy infrastructure company most widely known for its shared sequencer solution, has secured $28 million in a Series B funding round led by a16z crypto.
This latest funding will be used to…
SEC Again Delays Decision on Grayscale Ethereum ETF
The U.S. Securities and Exchange Commission postponed a decision on whether to approve Grayscale Ethereum Futures Trust's Ethereum ETF application, the agency said in a document filed on Friday. Its new deadline is May 30.The Securities…