Articles
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5 days ago |
theblock.co | Vishal Chawla
Unichain, Uniswap's native Layer 2 blockchain, has emerged as the dominant chain for Uniswap version 4, surpassing Ethereum in transaction volume. A Dune Analytics dashboard by Entropy Advisors shows that Unichain has overtaken Ethereum to become the leading chain for Uniswap v4, with a market share of about 75% at the time of writing. Ethereum's share, by contrast, is below 20%. This shift began accelerating in mid-April 2025, driven by Unichain's growth and strategic incentives.
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6 days ago |
theblock.co | Vishal Chawla
Stablecoins • May 8, 2025, 2:50AM EDT Flare Network's total value locked has spiked by more than 160% over the past two weeks, going from $45 million to $120 million since April 28 — a change that appears to be driven by the launch of USDT0, an omnichain version of USDT stablecoin on the blockchain. The rapid growth is largely attributed to Flare's USDT0 Boost program, which offers up to 30% APY in rFLR tokens for users providing liquidity on decentralized exchanges like SparkDEX and Kinetic.
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1 week ago |
theblock.co | Vishal Chawla
Ethereum developers have activated Pectra on the mainnet, the network’s most important upgrade since the 2022 Merge. Activated at epoch 364032 around 6:05 a.m. ET, the Pectra upgrade is Ethereum’s largest-ever update by EIP count. It includes code changes that improve staking efficiency, user experience, validator operations, and Layer 2 scalability. It was deployed after rigorous testing on the Holesky, Sepolia, and Hoodi testnets, which initially faced configuration hiccups.
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1 week ago |
theblock.co | Vishal Chawla
Policy • May 6, 2025, 4:00AM EDT UPDATED: May 6, 2025, 4:11AM EDT The Internal Revenue Service's digital assets unit, responsible for overseeing crypto taxation and enforcement, has undergone a leadership change. Trish Turner, a veteran IRS official with over two decades of service, has assumed unit leadership, according to Bloomberg Tax. Before this role, Turner served as a senior advisor within the unit.
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1 week ago |
theblock.co | Vishal Chawla
Companies • May 5, 2025, 4:37AM EDT Tether, the issuer of the leading stablecoin USDT, is expanding its technological footprint with the launch of Tether AI, CEO Paolo Ardoino announced. Ardoino said the firm is working on an open-source AI runtime that aims to operate on any hardware or device and integrate with crypto payments via Tether’s Wallet Development Kit (WDK). Tether is the issuer of the largest stablecoin by market capitalization — currently around $149 billion.
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RT @YAPGlobalTeam: Pectra is here. What now? 🤔 Ethereum’s latest upgrade is out—unpack what it means for developers, users, & the future…
In crypto, valuations clearly matter more than revenue. In that context, network effects and the adoption of protocols or tokens can serve as meaningful metrics to justify those valuations. But as the number of new tokens continues to grow exponentially, gaining strong network
Ethereum developers have activated the Pectra upgrade! https://t.co/7egioyhRfP
