Crypto News

Ethereum Layer-2 Blast Suffers Outage as Dencun Upgrade Goes Live

Buzzy Ethereum layer-2 network Blast stopped producing blocks Wednesday after the launch of Ethereum's Dencun upgrade. Here's the latest.Source link

Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery

Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results. (Read More)Source link

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” CoinbaseSource link

Ethereum Finalizes ‘Dencun’ Upgrade, in Landmark Move to Reduce Data Fees

A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as "proto-danksharding," which gives room for a dedicated space that is separate from regular transactions, and at a lower cost.Source link

Dencun Upgrade Goes Live, Ushering in New Era for Ethereum

Developers say the upgrade will make transaction costs so low on layer-2 networks that gas fees might become a thing of the past.Source link