🦎🚀 Keep scaling! 🧗‍♂️

Monday, July 10, 2023

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Scaling New Heights

An Ethereum Core developer provides insights into the upcoming Dencun upgrade, which will introduce proto-danksharding, enabling the network to scale and process up to 100,000 transactions per second.

The implementation of Proto is expected to significantly improve Ethereum's scalability and usability, marking a noteworthy advancement for the Ethereum ecosystem.

In today's news, we have the upcoming Sharium launch, JPMorgan's thoughts on spot BTC ETF, and Tether freezes exploited USDT.

Read on!

Top Crypto in Africa Countries

Across the six African countries most interested in crypto, meme coins have been most popular with investors this year.

But unlike the popularity of PEPE in Southeast Asia, Africa investors have been watching a mix of meme coins, ranging from DOGE to BONK.

24h Hot Searches Worldwide

Polygon (-0.8%)
ApeCoin (-4.7%)
Pepe 2.0 (-21.4%)
Vela Token (-9.7%)
NEAR Protocol (-3.1%)
Pepe (-5.9%)
Arbitrum (-13.0%)

Stake NYM tokens and contribute to privacy in the age of AI

Join the Nym mission of privacy in the age of AI! Who controls data is more impactful than ever. Nym is a powerful privacy mixnet providing layer 0 privacy for any app, wallet or chain. The NYM token incentivises mix node operators. Simply download the Nym wallet to stake NYM tokens, earn a share of rewards and contribute to global privacy!

Learn more!

Would you provide your iris data in exchange for an airdrop? 👁️ Well - that's what Worldcoin is offering. Find out more about what this project is really all about in today's video!

Let's find out here!

Tempering Expectations

According to JP Morgan, the approval of a spot Bitcoin ETF may enhance liquidity in the Bitcoin market, but it is unlikely to have a transformative impact.

Analysts at JP Morgan argue that the introduction of spot Bitcoin ETFs in Canada and Europe, which have been in existence for a while, has shown limited overall market effects, suggesting a similar outcome for a spot Bitcoin ETF in the United States.

Cointelegraph

Not Just A Meme

Shibarium, a layer 2 blockchain based on the Shiba Inu ecosystem, is expected to launch in August.

The launch of Shibarium will provide the community with a dedicated platform to support decentralized applications, smart contracts, and various other blockchain-based services within the Shiba Inu ecosystem.

CoinDesk

Frozen

Tether, the popular stablecoin issuer, has frozen $2.5 million worth of USDT tied to a likely exploit of cross-chain router protocol Multichain.

This action comes after Circle froze three addresses holding $60 million worth of USDC on Ethereum following a similar exploit of the cross-chain router protocol.

The Block

What were the largest crypto gainers of Q2 2023? Pendle leads with a 125% price increase from 1 April to 30 June, with Bitcoin Cash in second place at 104%.

Find out what other cryptocurrencies made the list here.