A valuable Cryptopunk nonfungible token is set to be fractionalized as more than 56,000 addresses sign up for a share of ownership.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
A slice of the punk: Cryptopunk NFT to be split into 56,000 pieces
A valuable Cryptopunk nonfungible token is set to be fractionalized as more than 56,000 addresses sign up for a share of ownership.
Ethereum Name Service founder reflects as 2 million registration mark nears
As the Ethereum Name Service edges closer to 2 million domain registrations, its founder reflects on the parallels with the internet’s Domain Name Service.
Ethereum Name Service founder reflects as 2 million registration mark nears
As the Ethereum Name Service edges closer to 2 million domain registrations, its founder reflects on the parallels with the internet’s Domain Name Service.
Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST.
FTX, ByBit rise in web traffic despite overall traffic drop on CEXs
Web traffic on FTX surged 123% YoY, while major exchanges like Coinbase and Binance were down 46% and 40% traffic-wise, respectively.
Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022
Nansen CEO Alex Svanevik said that while many chains will become ghost towns after the Merge, some will be able to find their own niches.
Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022
Nansen CEO Alex Svanevik said that while many chains will become ghost towns after the Merge, some will be able to find their own niches.
Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022
Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022 held in Seoul and discussed topics like the upcoming Ethereum (ETH) Merge and how it will affect other blockchains.
According to Svanevik, the industry witnessed a spillover effect in the last bull run. He said that in trading nonfungible tokens (NFTs), newcomers in the blockchain space didn't want to pay hefty transaction fees of up to $100 to purchase NFTs in the Ethereum network. The Nansen CEO noted that this demand for NFTs spilled over to other blockchains where the fees to purchase NFTs weren’t as high as in Ethereum. He explained that:
“It'll be interesting to see to what extent these other ones can continue to have demand if a lot of it was driven by that spillover effect. You might have a lot less usage.”
When asked what he thinks will happen to some other blockchains after the merge, the executive said that many may die off. “Many chains will probably become a ghost town or ghost chains. But I do think that some chains will find their own niches,” said Svanevik.
Related: Web2 adoption key to Metaverse success, Klaytn Foundation — KBW 2022
Nigeria becomes the most crypto-obsessed nation after April crash: Report
The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored "Bitcoin" in 14 of them.
Nigeria becomes the most crypto-obsessed nation after April crash: Report
The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored "Bitcoin" in 14 of them.
Chainlink ditches Ethereum PoW forks for PoS after The Merge
The Chainlink protocol will continue operations on Ethereum after the upcoming Merge to the proof-of-stake consensus layer.
Chainlink ditches Ethereum PoW forks for PoS after The Merge
The Chainlink protocol will continue operations on Ethereum after the upcoming Merge to the proof-of-stake consensus layer.
Cross chains, beware! deBridge flags attempted phishing attack, suspects Lazarus Group
deBridge Finance survives an attempted phishing attack, points a finger at the North Korean Lazarus Group, and warns the wider community to be on guard.
Cross chains, beware! deBridge flags attempted phishing attack, suspects Lazarus Group
deBridge Finance survives an attempted phishing attack, points a finger at the North Korean Lazarus Group, and warns the wider community to be on guard.
Bitcoin core contributor urges maximalists to take a different route
There was once a time when Bitcoin (BTC) was the only crypto project that was not a scam, and advocating for only BTC made perfect sense. However, according to a Bitcoin Core contributor, this has not been true for a while, as he urged the community to drop the us-versus-them culture.
In a Twitter thread, Matt Corallo, who contributed to the Bitcoin Core, pointed out to the community that at the moment, instead of BTC proponents advocating why Bitcoin is unique and remarkable, they are spending time attacking other projects.
According to Corallo, this situation is leading to what he described as a narrative war, where crypto projects bash each other. Corallo further explained that Bitcoiners coming after Ethereum (ETH) for the upcoming Merge, saying that proof-of-stake (PoS) will not work, will, in turn push ETH proponents to lobby with regulators against Bitcoin with the same environmental angle.
Lastly, the developer urged Bitcoiners to focus on talking about Bitcoin and its positive aspects and drop the culture of attacking other projects that are not BTC.
Despite the call for more respect and courtesy for other projects, some Bitcoiners still remain unfazed. In response to the thread, Twitter user BitcoinCEOh said that "anything other than Bitcoin is a scam." They said that some projects look legit but are ultimately scams in the end.
Bitcoin core contributor urges maximalists to take a different route
Matt Corallo urged the Bitcoin community to drop the us-versus-them culture, which leads to attacking projects other than BTC.
Bitcoin core contributor urges maximalists to take a different route
Matt Corallo urged the Bitcoin community to drop the us-versus-them culture, which leads to attacking projects other than BTC.
Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team
The first day of the main stage event included a keynote presentation from Ethereum's Vitalik Buterin, 1inch Network's Sergej Kunz, and Klaytn Foundation's Sam Seo.
Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team
The first day of the main stage event included a keynote presentation from Ethereum’s Vitalik Buterin, 1inch Network's Sergej Kunz, and Klaytn Foundation’s Sam Seo.