What’s Interesting Today: At At the ETHTaipei 2024 event, Ethereum co-founder Vitalik Buterin introduced a new "rainbow staking" framework aimed at decentralizing Ethereum's staking process, which is currently dominated by centralized entities like Coinbase and Binance. Highlighting concerns over the centralization risks posed by such

What’s Interesting Today: Mysten Labs, the developer of the Sui blockchain, announced they have achieved a significant breakthrough in blockchain scalability known as "linear scaling." Through tests with Pilotfish, a prototype extension for Sui, they demonstrated an 8-fold increase in transaction throughput with the addition of 8

What’s Interesting Today: Gyroscope, a stablecoin project backed by Galaxy Ventures, is introducing a new high-yield liquidity pool named Rehype, aiming to enhance capital efficiency in the crypto market. The Rehype liquidity pools focus on rehypothecation—the practice of lending out collateral—to generate returns from trading, rehypothecation of

What’s Interesting Today: Fidelity has updated its spot Ethereum ETF application with the U.S. Securities and Exchange Commission (SEC) to include plans for staking part of the fund's Ether through third-party providers. This amendment, which proposes that the fund receive network rewards as income, sets a

What’s Interesting Today: Canto, a Cosmos-based layer-1 blockchain focused on DeFi applications, has decided against transitioning to an Ethereum layer-2 network using Polygon's Chain Development Kit (CDK), contrary to its previous announcement. Instead, it will continue as a Cosmos layer-1 network, incorporating Polygon's type-1 prover

What’s Interesting Today: Metis has launched the first-ever decentralized sequencer for Ethereum Layer 2, marking a groundbreaking moment for the crypto industry. This alpha launch features two sequencers operated by the Metis Foundation, Artemis Finance, and Enki Protocol, with plans for more nodes and LST providers to join. The

What’s Interesting Today: The Dencun upgrade, the most significant development on Ethereum since the Merge, was implemented on March 13, aiming to lower transaction fees on layer-2 networks and enhance scalability. Despite these improvements, challenges in throughput and centralization for layer-2 solutions remain, according to Tezos co-founder Arthur Breitman.