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A growing number of Ethereum users are turning to private transactions, which now make up approximately 30% of all activities on the blockchain. The gas consumption for these private operations has surged to 50% of the total network usage. This trend is driven by the desire to avoid MEV trading bots, which capture transactions for rapid profit. What is Chain Abstraction?
In computing, "abstraction" generally involves hiding complex technical details from the user experience (UX), making such complexities invisible to users. Chain abstraction follows a similar principle, aiming to simplify the UX in the multi-chain environment of the cryptocurrency industry. What Is Cartesi and How It Integrates Linux to Blockchain
Cartesi is a Layer 2 blockchain protocol that aims to simplify dApp development easier and improve blockchain scalability. It allows developers using the Linux Operating System to code in their familiar languages. In 2020, Cartesi launched its native token, CTSI to power network operations. Further, we dive deeper into the project and its mission.
Blockchain security company Match Systems has identified several developers behind the phishing app Angel Drainer, which promptly ceased operations. Preliminary assessments indicate that at least 35,000 users lost around $25 million due to Angel Drainer's activities. What Is Bitcoin Virtual Machine (BVM)?
Bitcoin Virtual Machine, shortly BitVM or BVM, is a blockchain infrastructure that brings complex smart contracts to the Bitcoin Network, thus enabling new use cases for it. The solution was first proposed in the paper “BitVM: Compute Anything on Bitcoin” by developer Robin Linus on October 9, 2023.
Sony Block Solutions Labs, a collaborative venture between Sony Group and Startale, announced the launch of a new public L2 blockchain named Soneium, built on Optimism's OP Stack. This blockchain will be a part of the Superchain ecosystem. The testnet is set to be released in the upcoming days, with Sota Watanabe leading the project. Can Blockchains Become Immortal?
Modern technology raises the possibility of digital records surviving beyond human civilization. Could a blockchain last for millions of years without any external power source? How can crucial data be safeguarded without an active network? Our article delves into these questions, alongside the ethical dilemmas they present. Armani Ferrante: From Losing $14.5M to Creating xNFT and Backpack
For some, even minor obstacles can block the path to success. However, for Armani Ferrante—a legendary blockchain developer—even a $14.5 million loss couldn't stop him from launching the xNFT project Mad Lads and the crypto wallet Backpack.
American company Morgan Creek Digital plans to raise $500 million for its new Web3 Venture Capital Fund, which will focus on artificial intelligence, blockchain technologies, chip manufacturing, and data processing. This initiative is part of the firm’s strategy to expand its presence in Europe, Africa, and other regions, building on its already managed assets of over $440 million. 









