Tech

Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante

The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.

Backpack CEO Armani Ferrante (CoinDesk)

Ethereum Foundation makes post quantum security a top priority as new team forms

EF researcher Justin Drake says a new post-quantum team will drive wallet safety upgrades, research prizes and test networks as quantum timelines shorten.

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Ethereum blockchain beats its own speed-ups, but there's a catch

Ethereum’s daily active addresses climbed above major layer-2 networks in January as lower fees revived on-chain activity.

Major tokens look to have resumed the slow grind higher. (NEOM/Unsplash/Modified by CoinDesk))
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Solayer unveils $35 million fund for real-time DeFi, AI and tokenization apps on infiniSVM

Funded by Solayer Labs and Solayer Foundation, the effort targets onchain apps with revenue and high usage potential.

(Photo by Morthy Jameson on Unsplash/Modified by CoinDesk)

Ethereum transactions hit record as staking exit queue drops to zero

The record jump comes as Ethereum’s validator exit queue has dropped to zero while entry queues remain long.

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Two solo bitcoin miners hit rare $300,000 jackpots in the same week

Two independent miners mined full blocks and collected roughly 3.15 BTC each, an uncommon outcome in a network dominated by large pools.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Tom Lee's BitMine pushes Ethereum into $8 billion staking backlog

New validators now need to wait more than 44 days to start earning staking rewards, the biggest backlog since late July 2023.

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More people are using Ethereum for the first time, data shows

The rise in new wallets suggests broader interest in Ethereum, driven by decentralized finance, stablecoin transfers, NFTs, and new applications.

Two people work on a paper document surrounded by laptops.