Crypto News
Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions
Ethereum is witnessing a surge in "blob" usage, an effective data management tool introduced earlier this year, signaling that more users are embracing layer-2 scaling solutions for faster and more affordable transactions."The number of blobs or binary large objects posted to Ethereum has consistently averaged more than 21,000 this month, matching the record activity seen in March, according to pseudonymous data analyst Hildobby's Dune Analytics dashboard.Ethereum's Dencun upgrade, which went live earlier this year, introduced blobs, which attach large data chunks to regular transactions, storing data offchain without congesting the mainnet, unlike call data which is stored permanently. Think of blobs as a consolidated large box filled with letters while paying for an entire box instead of call data, which...
Binance Launches BFUSD with Zero Fees and 100,000 USDT in Rewards
Binance introduces BFUSD, a reward-bearing margin asset, offering zero purchase fees and a share of 100,000 USDT in rewards for Futures traders. (Read More)Source link
Enhancing LLMs for Domain-Specific Multi-Turn Conversations
Explore the challenges and solutions in fine-tuning Large Language Models (LLMs) for effective domain-specific multi-turn conversations, as detailed by together.ai. (Read More)Source link
Bitcoin’s Medium of Exchange Thesis in Perspective: Is It Still Relevant?
The idea of bitcoin as a medium of exchange was at the center of its creation, eliminating the need for third parties for transacting. Discussions on social media now recall how Andreas Antonopoulos, a big bitcoin proponent, used it to promote bitcoin back in the day. But is it still relevant today? Bitcoin as aSource link
XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger
XRP outperformed bitcoin (BTC) and other major tokens in the past 24 hours as regulated crypto broker and custodian Archax unveiled a money market fund on the XRP Ledger, a first for the network, in collaboration with closely related Ripple Labs and Abrdn.Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL. Ripple will allocate $5 million worth of tokens into Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.XRP price jumped 6%, touching a high of $1.49 in the hours following the release, before paring gains in a market-wide drop. The token is up 27% over the past week and more than has more than doubled in...