Ethereum, the world’s second-largest blockchain network, persistently grappling with scalability issues due to its popularity and increased network congestion, has had the concept of Layer 2 chains in mind since 2014. As more users and decentralized applications (dApps) were released, transaction costs skyrocketed, and processing times slowed significantly. To address these challenges, developers explored various The post Breaking down Ethereum rollups – What makes a rollup optimistic vs zero knowledge? appeared first on CryptoSlate.

Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian. This initiative tests asset tokenization applications in a regulated environment, focusing on the viability and potential integration within the financial markets. Participation in Project Guardian will also involve Memento Blockchain and Interop Labs. The former, The post Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore appeared first on CryptoSlate.

A newly published cyber threat report from Avast has revealed substantial dominance of social engineering in cyber threats during the first quarter of 2024. Per the report, nearly 90% of cyberattacks on mobile and 87% on desktop devices involved scams, phishing, and malvertising, exploiting human vulnerabilities more than technical weaknesses. A significant rise in scams The post AI-powered social engineering not technical exploits now dominating 90% of cyber attacks appeared first on CryptoSlate.

The emergence of various blockchain scaling solutions has sparked discussions about the differences and roles of Layer 1, Layer 2, Layer 3, parachains, and sidechains in the evolving crypto ecosystem. Understanding these concepts is crucial for developers, investors, and users navigating the complex landscape of blockchain technologies – but it’s not always very clear which The post Layer 1, 2, 3, parachain, sidechain – What’s the difference? appeared first on CryptoSlate.

Since Ethereum moved from proof-of-work to proof-of-stake in 2022, it has become a deflationary asset. The total circulating supply of Ethereum (ETH) currently stands at 120,105,358 ETH, representing a 415,680 ETH decrease from the supply levels observed before The Merge. However, over the past 30 days, Ethereum’s supply dynamics have shifted, with 35,548.72 ETH being The post Ethereum has been increasingly inflationary for over a month as fees hit all-time low appeared first on CryptoSlate.