Ethereum News

Solana Goes Dark For 7 Hours as Bots Swarm 'Candy Machine' NFT Minting Tool
The Solana network went dark Saturday night after bots swarmed the NFT mining tool Candy Machine, resulting in an unprecedented amount of traffic on the proof-of-stake chain. “The Hash" group discusses the native SOL token’s price reaction to the incident, as well as issues with scaling blockchains and Solana’s ambition as an “Ethereum-killer.”

BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone
Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.

Warren Buffett and Charlie Munger Blast Bitcoin, but They Are Wrong
During Berkshire Hathaway’s annual shareholder meeting, investment tycoons Warren Buffett and Charlie Munger shared some controversial opinions on bitcoin, with Munger describing the digital asset as “stupid” and “evil.” “The Hash” group discusses Buffett’s long-standing history of opposition towards BTC and why Ethereum might have more appeal to him.

Riding the NFT Wave in the Music Industry
Cordell Broadus aka "Champ Medici," NFT entrepreneur and Snoop Dogg's son, joins "Community Crypto" to share insights into his father's NFT ventures and why his latest project runs on Cardano over Ethereum. Plus, rapper Jim Jones and Disrupt Art CEO Rob Richardson on the Badazz Bears NFT collection.

Highlights From Crypto Bahamas Conference
CoinDesk's Zack Seward, Tracy Wang and Danny Nelson share their key takeaways from this year’s Crypto Bahamas conference, highlighting the participation of Wall Street players. The panel discusses which projects are more represented than others, noting that there seems to be more presence of Solana and Avalanche developers and projects than those involved in Ethereum.

Layer 2, Decentralized Exchanges Show Strong Growth on Ethereum in Q1 2022
However, the average daily active addresses increased nominally, implying most growth came from existing users.

Gate Ventures on Track to Close $200M Crypto Fund by Q3
The VC arm of Gate.io will invest in layer 1 and layer 2 protocols that can help build an open internet.

Morgan Stanley: Over 100 Crypto Assets Added Last Week
A note published by investment bank Morgan Stanley highlighted that despite the recent fall in cryptocurrency prices, 100 new digital assets were created on decentralized finance (DeFi) exchanges over the past week. “The Hash” group discusses the significance of this statement, noting the abundance of new tokens built on top of layer 1 chains like Ethereum.

Ethereum Name Service NFTs Overtake BAYC in Daily Trade Volume
The ENS NFTs have seen a surge in volume today as investors dive in to purchase three- and four-digit domains.


