Bitcoin Zero-Knowledge Rollup Citrea Raises $2.7M in Seed Funding
Citrea says it plans to use zero-knowledge cryptography to help grow Bitcoin’s budding decentralized finance (DeFi) and NFT ecosystems.
Ethereum
Liquid Restaking Tokens or ‘LRTs’ Revived Ethereum DeFi. Can the Hype Last?
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they’ve birthed a speculative “points” frenzy that carries some risks.
The Protocol: Bitcoin’s OP_CAT, Fake Ethereum Tokens, Starknet’s Airdrop
CoinDesk’s Jamie Crawley takes a look at the suddenly-high-profile proposal to revive Bitcoin’s historic “OP_CAT” function as a way of enabling more development on the oldest blockchain. PLUS: the unofficial “ERC-404” tokens driving up fees on Ethereum and highlights from our Protocol Village column over the past week.
Ethereum Developers Create ‘DN-404’ Tokens After ERC-404s Send Network Fees Surging
The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it’s already driven up congestion on the Ethereum blockchain.
Ethereum Validator Entry Queue Signals Renewed Interest in Staking
The validator entry queue has jumped to 7,045, the highest since Oct. 6, according to veri source ValidatorQueue.
What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week
ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
Polygon Releases ‘Type 1 Prover,’ Claiming Milestone Set by Ethereum’s Vitalik Buterin
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to “all of the liquidity and value on Ethereum itself,” Polygon said.
Ethereum Developers Target March 13 for Milestone ‘Dencun’ Upgrade on Mainnet
The timing for the long-awaited Dencun upgrade, with its much-touted “proto-danksharding” feature, was announced Thursday on a call with top developers for the Ethereum blockchain.
Web Registry GoDaddy, Ethereum Name Service Connect Domain Names With Crypto Wallets
Users will be able to link their internet domain names to their ENS addresses.
Apparent ‘Insiders’ Make Millions After Grabbing Ethereum Version of Dogwifhat
The Ethereum version of dogwifhat pumped, then dumped, within hours on Saturday, but blockchain veri shows a few wallets picked up a large chunk of the supply after it was issued.