Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift

Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem.Source

A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations

Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase.Source

The Graph Starts Migrating its Settlement Layer to Arbitrum from Ethereum

The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.Source

‘Distributed Validator Technology’ Marks Last Key Milestone in Ethereum’s Current Era

The technology known as DVT involves splitting a validator’s private key across several node operators. The goal is to increase the network’s resilience – while also protect the individual validators – by reducing single points of failure.Source

Blockchain Developer Platform Alchemy Releases AI-Powered Tools for Web3 Builders

AlchemyAI will launch as two new products – an in-app chatbot and a ChatGPT plugin – to help web3 developers access data faster and speed up product development.Source

Strike Expands Lightning-Powered Cross-Border Payments to Mexico

The company says Mexico is the largest market for remittances from the U.S.Source

Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle

A U.S. federal judge on Tuesday rejected SEC’s request to order a freeze on Binance.US’ assets – provided the parties could agree on limits.Source

Binance Seeks to Withdraw Cyprus’ Unit Crypto Service Registration

Binance won registration as a crypto asset service provider (CASP) in Cyprus in October last year.Source

P2P.org’s Ethereum Staking Application Is Now Available on Popular Wallet Provider Safe

The integration makes it easier for crypto users to participate in staking without operating the physical infrastructure.Source

Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins

The combined market capitalization of BTC, ETH and stablecoins reached the highest since February 2021, digital asset research firm K33 Research noted.Source