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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
EigenLayer deposits surpass $900 million amid increased LST caps
EigenLayer deposits surpass $900 million amid increased LST caps

Quick Take EigenLayer’s total deposits now exceed $900 million after increased LST caps. Revised caps led to a surge in inflows, currently at more than 410,000 ether.

The Block·2023/12/19 13:48
Lisk blockchain will become an Ethereum Layer 2 via Optimism and Gelato
Lisk blockchain will become an Ethereum Layer 2 via Optimism and Gelato

Quick Take Lisk is collaborating with Optimism and Gelato to transition from a Layer 1 to an Ethereum Layer 2 solution. Lisk will migrate its LSK tokens to Ethereum as part of the transition. The testnet deployment of the Layer 2 scheduled for the first quarter of 2024.

The Block·2023/12/19 13:05
Crypto asset manager 7RCC applies to offer bitcoin ETF
Crypto asset manager 7RCC applies to offer bitcoin ETF

7RCC intends to offer a spot bitcoin and carbon credits futures ETF, according to its S-1 filing.

The Block·2023/12/19 08:12
Solana search volume on Google increases 250% over the past two months
Solana search volume on Google increases 250% over the past two months

Quick Take Google search volume for the term “solana” increased 250% between October and December, coinciding with the asset’s performance and surge of memecoins.

The Block·2023/12/18 22:13
METIS token surges after announcement of ecosystem development fund
METIS token surges after announcement of ecosystem development fund

Quick Take The Ethereum Layer 2 scaling protocol Metis has dedicated 4.6 million METIS tokens toward the new Metis Ecosystem Development Fund. The Fund will begin disbursing grants in the first quarter of 2024.

The Block·2023/12/18 17:52
Astar Network to focus more on Korean market after Upbit listing, founder says
Astar Network to focus more on Korean market after Upbit listing, founder says

ASTR, the native token of the Astar Network, posted a double digit gain after its Upbit listing.The web3 firm’s founder discussed plans to focus on the Korean market as part of its expansion outside Japan.

The Block·2023/12/18 17:20
Circle adds Solana to list of chains used by EURC stablecoin
Circle adds Solana to list of chains used by EURC stablecoin

Quick Take Circle has launched its euro-backed stablecoin on Solana. Solana joins Ethereum, Stellar and Avalanche among the chains Circle is utilizing for EURC.

The Block·2023/12/18 15:05
Manta Pacific adopts Celestia data availability, targets lower costs on Layer 2 network
Manta Pacific adopts Celestia data availability, targets lower costs on Layer 2 network

Quick Take Layer 2 Manta Pacific has adopted Celestia’s modular data availability solution to reduce transaction fees.

The Block·2023/12/18 14:09
Avalanche burned $16.7 million of AVAX over last week, 10 times more than the week before
Avalanche burned $16.7 million of AVAX over last week, 10 times more than the week before

Quick Take The amount of AVAX burned per week has risen to its highest level yet. This is largely due to increased activity related to minting and sending inscriptions.

The Block·2023/12/18 13:50
Avalanche users pay $13.8 million in fees for inscriptions over 5 days
Avalanche users pay $13.8 million in fees for inscriptions over 5 days

Quick Take Avalanche users have paid millions of dollars to mint and move inscription-related tokens over the last five days. This appears to be due to a big increase in network activity.

The Block·2023/12/18 12:55