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Linea Unveils Bold L2 Upgrade to Burn ETH with Every Transaction
In a significant development, Linea, an Ethereum layer-2 network incubated by Consensys, has announced a comprehensive upgrade designed to further integrate the network into the economic and ideological framework of layer 1. The updated roadmap, set to roll out in October 2025, introduces several key features, including ETH-native staking on bridged assets, a protocol-level ETH burn mechanism, an…
July 29, 2025, noon
Tech
Solana Ecosystem Unveils Ambitious Roadmap for 'Internet Capital Markets'
The Solana ecosystem is coalescing around a revamped vision, dubbed 'Internet Capital Markets', which promises a decentralized and high-performance foundation for the next generation of financial applications on the blockchain. This updated vision marks a significant shift in focus, from merely enhancing bandwidth and reducing latency, to delving deeper into the intricacies of market microstructu…
July 24, 2025, 3 p.m.
Tech
Ethereum Validator Exit Queue Hits Record Wait Time
Welcome to The Protocol, your weekly cryptocurrency tech development update from CoinDesk. This week, we're covering key stories in the space. Our top stories include: Network updates, where Ethereum's validator exit queue has reached its longest wait time on record, potentially signaling that stakers are looking to withdraw funds following a significant ether price rally. Nearly 625,000 ETH, wor…
July 23, 2025, 6:23 p.m.
Tech
Square Launches Bitcoin Payment Solution for Merchants, Aiming for Widespread Adoption by 2026
Square, led by Jack Dorsey, has initiated the introduction of bitcoin payment capabilities for its network of sellers. The rollout began with the onboarding of select merchants, who can now accept bitcoin payments via the Lightning Network. This development was announced by Owen Jennings, an executive at Block, Square's parent company, on Tuesday. The payment processing system leverages the Light…
July 23, 2025, 2:48 p.m.
Tech
Native Zero-Knowledge Proof Verification on the Horizon for Dogecoin
Although Dogecoin originated as a joke, this upgrade is anything but. DogeOS, the application layer developed by the MyDoge wallet team, has submitted a formal proposal to Dogecoin Core, introducing a new opcode that enables the network to natively verify zero-knowledge proofs. The goal is to transform an unused part of the script system into a tool for verifying cryptographic proofs, starting wi…
July 23, 2025, 5:35 a.m.
Tech
Ethereum Validator Exit Requests Reach $2 Billion Amid Rush to Cash Out After 160% Price Surge
The Ethereum validator exit queue has reached its longest wait time on record, with nearly 625,000 ETH, valued at approximately $2.3 billion, waiting to exit the network as of Wednesday. This surge in exit requests is likely driven by stakers looking to cash out after ether's 160% price increase. The resulting congestion is a consequence of Ethereum's proof-of-stake model, which limits the rate a…
July 22, 2025, 9:08 p.m.
Tech
Ethereum Sees Resurgence as Institutional Investors Pile In
Following a year of lagging behind its competitors, Ethereum has experienced a notable resurgence, with its price soaring to nearly $3800, a 13% increase year-to-date. Analysts attribute this turnaround to the growing adoption of stablecoins and tokenization on the Ethereum network, which has become the primary on-chain option for institutions seeking exposure to real-world assets. According to M…
July 21, 2025, 7:23 p.m.
Tech
Revolutionizing Solana's Blockspace Economy: Jito Introduces BAM
The Jito Foundation has unveiled the Block Assembly Marketplace (BAM), a novel system aimed at transforming the way blocks are constructed and transactions are sequenced on the Solana blockchain. According to a press release, BAM is intended to make transaction sequencing transparent and verifiable, while enabling programmable innovation at the blockspace layer, creating new revenue streams for d…
July 21, 2025, 6:49 p.m.
Tech
Ethereum Validators Propose Raising Gas Limit to 45 Million
Vitalik Buterin, co-founder of Ethereum, stated that a significant proportion of validators with staked ETH, who operate the blockchain, have signaled their intention to increase the gas limit, thereby enabling higher transaction volumes on the network. According to the gaslimit.pics dashboard, as of July 21, 2025, 49% of validators' staked ETH have indicated their approval for increasing the gas…
July 21, 2025, 2:02 p.m.
Tech
Ether.fi Expands into HyperLiquid with Introduction of beHYPE Staking Token
Ether.fi, renowned for its Ethereum liquid staking solution, has announced its entry into the HyperLiquid ecosystem through a partnership with DeFi protocol HyperBeat, unveiling a new liquid staking token named beHYPE. Initially, the collaboration will introduce a multisig-secured vault, preHYPE, enabling users to deposit funds before the full rollout of beHYPE. Ether.fi will oversee the securit…
July 18, 2025, 10 p.m.