Author Archives: TheBlock.co

Cross-chain bridge protocol Stargate has integrated with the Layer 2 Ethereum scaling solution Metis in its first blockchain expansion since it was launched by LayerZero Labs in March last year. Stargate’s integration with Metis aims to provide more flexibility for projects managing their funds, treasury, and yield strategies, according to an announcement. “Web3 represents community and decentralization,[Read more…]

Decentralized cross-chain liquidity protocol Swing debuted a new widget and software developer kit (SDK) to simplify cross-chain crypto deployments. Swing’s new widget and SDK support 21 EVM-compatible chains including Ethereum, BNB Chain, Arbitrum and Optimism, the project announced on Wednesday. Swing also plans to expand to cover four non-EVM networks like Solana and Cosmos. Cross-chain[Read more…]

Silvergate and Coinbase popped at the open after the crypto-friendly bank reported earnings as traditional markets were mixed. Bitcoin was trading at $21,300 at 10 a.m. EST, up 2.3% over the past 24 hours, according to TradingView data. BTCUSD chart by TradingView Ether is flirting with $1,400, as it jumped 3% over the past day.[Read more…]

Bitcoin and ether held onto two-month highs overnight as the global crypto market cap reached its highest point since the collapse of FTX.  Bitcoin was trading at $18,877 at 8:30 a.m. EST, up 3.6% over the past 24 hours, according to TradingView data.  Ether continues to trade above $1,400, little changed since yesterday’s inflation report.[Read more…]

Cryptocurrency prices are surging following the U.S. inflation report and crypto-related stocks were mostly higher.  Bitcoin was trading at $18,677 at 1:30 p.m. EST, up 8% over the past 24 hours, according to TradingView data. The leading cryptocurrency by market cap approached $19,000 earlier in the day, a level last seen before the collapse of[Read more…]

Crypto prices rose over the past week as equities fell on a plethora of negative news. Bitcoin was changing hands for $16,910 at 7:30 a.m. EST, according to data via TradingView. The leading cryptocurrency by market cap was up 1.9% over the past seven days. Crypto Heatmap chart by TradingView Ether jumped 5.3% in the[Read more…]

Avalanche-based DeFi trading platform Trader Joe and the associated Joepegs NFT marketplace will deploy on BNB Chain by the end of March. This means BNB Chain users will be able to participate in the launch of new NFT collections using the Joepegs NFT Marketplace, as well as trade tokens using Liquidity Book, according to a company release. [Read more…]

The Block Research was commissioned by Ava Labs and the Solana Foundation to produce Comparing Layer-1 Platforms: 2022 Edition, which provides an in-depth study across ten dominant smart contract Layer-1 (L1) ecosystems: Algorand, Avalanche, BNB Chain, Cardano, Cosmos, Ethereum, NEAR, Polkadot, Solana, and Tron. In this report, we compare their technical designs, network architectures, on-chain and ecosystem data, fundraising histories, and more. Through quantitative and qualitative analysis, we[Read more…]

Crypto prices rose, with solana experiencing the most significant gains. Coinbase rose in pre-market trading after slumping 5% yesterday.  Bitcoin was trading at $16,803 at 8 a.m. EST, up 0.6% from Tuesday, according to data via TradingView. Ether experienced a more significant jump, tacking on 3% in the same period to trade at $1,250.  Altcoins[Read more…]

In 2022, cryptocurrency-based projects experienced a series of devastating hacks and exploits in what’s considered the worst year ever when it comes to securing digital assets.   Overall, the frequency of crypto hacks accelerated rapidly this year, topping at $3 billion in total funds lost, according to a Chainalysis report. The year showed us how blackhat or malicious hackers are[Read more…]