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The Protocol: Bitcoin Bridged Trustlessly to L2; Ethereum's Blob Mob


Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and standards.IN THIS ISSUE:Ethereum's blob mobStaking on StarknetAvalanche's big upgradeL2 teams beam...

Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions


Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity.The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in...

Crypto Staking Goes Live on Starknet in First for Ethereum L2 Blockchains


Starknet has become the first major layer-2 rollup on top of Ethereum to let users earn money by staking their tokens.Anyone who has at least 20,000 STRK tokens (roughly $12,000 at recent prices) can pledge the asset as collateral and earn rewards for validating transactions. Users with less than...

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption


If you are unfamiliar with the launch of Soneium, you need to read this article because Sony is positioning itself as a bridge for mainstream audiences into Web3. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in...

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