Layer 2 Protocol’s Token Jumps 150% Following Mainnet Launch, Airdrop Announcement

  • The AMM-based DEX utilizes zk-rollup technology to enable swaps and transfers on Ethereum's Layer2.
  • An 80 million ZKS airdrop and a 1 million ZKS rewards campaign attracted millions in new volume.

When Will Ethereum Transaction Fees Normalize?

  • The high gas fees are making dapps unusable and forcing people to migrate to other blockchains such as Avalanche.
  • Fortunately, a layer-2 scheme called a rollup is going to help scale the clogged Ethereum network, that is if DeFi platforms start using it en masse.

Coinbase Announces Waitlist for Ethereum 2.0 Staking

  • Coinbase will allow users to stake any amount of ETH.
  • The exchange will take a 25% cut of the staking rewards users receive.

The Graph Considers Integrating 8 Additional Layer-1 Blockchains

  • New integrations will enable The Graph's APIs to serve data from many different blockchains.
  • The company is exploring support for Bitcoin, Polkadot, Cosmos, Solana, Avalanche, Binance Smart Chain, Near, and Celo.

ConsenSys, Securosys Collaborate on “Secure” ETH 2.0 Staking

  • The collaboration will allow the creation of Ethereum 2.0 withdrawal keys in Securosys' hardware security modules directly from the ConsenSys Codefi Staking API.
  • By using a multi key control mechanisms, Securosys ensures stakers never loose control over their ETH 2.0 withdrawal keys.

Reddit Partners With The Ethereum Foundation

  • Reddit has entered into a formal partnership with the Ethereum Foundation.
  • The two will work on developing the technology needed to launch Community Points and other Reddit projects on Ethereum.

China’s Blockchain-Based Service Network Partners With ConsenSys

  • Quorum will be made available in about 80 different cities through BSN’s public city nodes in mainland China.
  • ConsenSys will also cooperate with the BSN to provide a training program for Quorum in China

Fireblocks Introduces Staking Rewards for Polkadot, Tezos, Eth 2.0

  • Fireblocks has rolled out staking services for Polkadot, Tezos, and Ethereum 2.0.
  • The company's enterprise and institutional clients will be able to increase their yield by 5% to 15%.

Ethereum’s Beacon Chain is Now Live

  • The launch event went without any hiccups, and the first block of Beacon Chain was discovered shortly after 12:00 UTC.
  • There are currently 881,728 ETH deposited into the Ethereum 2.0 staking contract, which are likely to remain locked until 2022.

Bitcoin Suisse Partners With Evolute, Prepares For Ethereum 2.0 Launch

  • Bitcoin Suisse will utilize Evolute’s financial services platform to integrate external asset managers and allow them to operate with safety and security.
  • The Switzerland-based company also announced that it is ready to handle Ethereum 2.0 staking.