Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $ 77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable lift. NFT Gains: Digital Collectible Buyers Increase by 137% as Sales Hit $ …
Blast Network Temporarily Halts Amid Dencun Upgrade; Fix Deployed
Blast, a new Ethereum layer two (L2) scaling solution, paused its block production due to issues arising from the recent Dencun upgrade on the Ethereum mainnet, with its team diligently seeking a fix. Since launching its mainnet on Feb. 29, 2024, and amassing billions in crypto assets through its Ethereum bridge, the project has gained […]
L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value
Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $ 1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $ 1 Billion Initially, on Nov. 22, 2023, Blast’s value locked was recorded …
L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment
Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $ 660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the initiative has commenced a search for experienced senior blockchain developers. While Amassing $ 660M, L2 Blast Project …
Paradigm Says Blast Launch ‘Crossed Lines’ in Messaging and Execution, Pacman Defends Platform Amid Criticism
Amid the rapidly evolving landscape of Ethereum layer two (L2) solutions, Blast, a new entrant, has sparked a wave of discussions in the crypto community. Spearheaded by Pacman, known for his work on the non-fungible token (NFT) marketplace Blur, Blast has garnered both significant funding and scrutiny. Despite being a lead investor in the project, […]