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Ethereum developers are gearing up to set a mainnet launch date for the Dencun upgrade on Feb. 8, marking a pivotal moment for the blockchain with the introduction of several Ethereum Improvement Proposals (EIPs), including the much-anticipated proto-danksharding. The upgrade aims to significantly reduce transaction costs on layer-2 solutions, heralding a new era of efficiency and scalability for Ethereum. In an update shared on Reddit on Feb. 1, core Ethereum developer Tim Beiko reflected on the successful testing of the Dencun upgrade . The All Developer Execution Call (ACDE) 180 shed light on the smooth execution of the Sepolia fork on Jan. 30 and the upcoming Holesky testnet upgrade on Feb. 7, indicating steady progress toward the mainnet launch . As outlined in a Jan. 24 blog post by the Ethereum (ETH) Foundation, the Dencun upgrade proposes critical modifications to Ethereum’s consensus and execution layers. This follows the landmark Shapella upgrade , executed on Ap...

Polkadot’s price experiences an 8% increase. The surge is bolstered by the introduction of the Staking Dashboard 1.1. The upgrade allows users the ability to view the 14-day activity of validators on the Polkadot network. Polkadot (DOT) has once again made headlines with its impressive price movement in the crypto market. At the time of writing, each DOT is priced at $4.34, reflecting a 3.23% increase in the past 24 hours. This surge in DOT price is attributed to the recent deployment of Polkadot’s Staking Dashboard 1.1, designed to enhance the user experience within the Polkadot ecosystem. Polkadot’s resurgence Over the past week, Polkadot has been among the best performers in the top 20 cryptocurrency rankings by market capitalization, with an 8% price gain during this period. This positive momentum underscores Polkadot’s readiness to retest the resistance point at $5 in the near term. The surge in Polkadot’s price is not m...

Radix Publishing, the creator of the decentralized ledger platform, has announced the successful conclusion of its much-awaited Babylon mainnet update.  The Babylon update signifies the conclusion of the Olympia period and has been commended by Radix (XRD) as a pivotal milestone with transformative implications for Web3 and the broader DeFi landscape, as per the latest information shared with Finbold on September 28. To implement Scrypto-based smart contracts and a plethora of new technologies and services, including the Radix Mobile Wallet, the Radix Network underwent what has been called a “substantial update” with the Babylon mainnet upgrade . CEO of RDX Works, Piers Ridyard, stated: Cryptocurrency This $3 billion layer-2 treasury is 6x richer than Ethereum Foundation Cryptocurrency US Bitcoin holdings plummet as regulatory uncertainty triggers mass exodus Cryptocurrency Here's how much MicroStrategy is...