Articles

  • 2 weeks ago | theblock.co | Vishal Chawla

    Startups • April 4, 2025, 2:17AM EDT Clanker, the token generation launchpad on Base, has generated nearly $27 million in all-time fees, resulting in over $13 million in revenue for its team, The Block has learned. Since the November launch, this revenue amounts to an average monthly revenue of over $2.6 million for the founders, making it one of the most profitable projects in the Base ecosystem.

  • 2 weeks ago | theblock.co | Vishal Chawla

    Ethereum developers have locked in May 7 as the target date for the Pectra upgrade to go live on the mainnet, slightly delayed from prior discussions that estimated late April as the update time. The latest decision to finalize the May date was made during a core developers' call on Thursday, following a successful test on the Hoodi testnet.

  • 4 weeks ago | theblock.co | Vishal Chawla

    Layer 1s • March 27, 2025, 4:02AM EDT UPDATED: March 27, 2025, 4:08AM EDT Cosmos developers have been working to extend the Inter-Blockchain Communication (IBC) protocol, a cornerstone of the Cosmos ecosystem, to Ethereum. On Wednesday, Maghnus Mareneck, co-CEO of Cosmos core contributor Interchain Labs, said the firm tested an IBC transaction from Cosmos Hub to Ethereum in what appears to be an effort to boost native interoperability of tokens between these two networks.

  • 4 weeks ago | theblock.co | Vishal Chawla

    UPDATED: March 27, 2025, 2:01AM EDT Ethereum developers activated the Pectra upgrade on the Hoodi testnet on Wednesday as part of Ethereum's methodical approach to achieving a stable mainnet deployment. The move is potentially the final planned test before it is possible to be deployed to Ethereum's mainnet in the second quarter of the year.

  • 4 weeks ago | theblock.co | Vishal Chawla

    Stablecoins • March 26, 2025, 3:26AM EDT The supply of USD Coin stablecoin has crossed the $60 billion market cap threshold — a milestone that underscores its increasing adoption. On Wednesday, stablecoin’s supply hit an all-time high of 60.2 billion — a 100% year-over-year increase from $30 billion in March 2024. The total stablecoin market cap reached all-time highs, surpassing $230 billion.

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Vishal C.
Vishal C. @vishal4c
27 Mar 25

.@harpieio, which previously raised $4.5 million from investors including Dragonfly, OpenSea and Coinbase Ventures, is now shutting down. https://t.co/RXY3eIC5YI

Vishal C.
Vishal C. @vishal4c
26 Mar 25

.@Celo has finally transitioned to an Ethereum Layer 2 network. The official transition began on the mainnet earlier today when Celo Layer 1 block production was halted, and the network started transitioning to Layer 2. .@cLabs, the project’s core developer, first proposed https://t.co/51I9LG5URr

Vishal C.
Vishal C. @vishal4c
25 Mar 25

Permissioned DeFi summer on the horizon? https://t.co/l6NuvUnIqW