Ethereum Sees Surge in Blob Usage as Layer-2 Solutions Gain Momentum
The Ethereum network is witnessing a notable surge in blob usage, reflecting an increasing shift towards layer-2 scaling solutions for faster and cost-effective transactions. What Are Blobs and Why Do They Matter? Blobs, or binary large objects, are a data management innovation introduced in Ethereum’s Dencun upgrade earlier this year.
Bitcoin Dips to $95K Amid $500M Crypto Market Liquidation
The cryptocurrency market faced a turbulent weekend, wiping out nearly $500 million in value as volatile corrections gripped traders. The sell-off triggered mass liquidations across exchanges, impacting 186,966 traders in just 24 hours. Altcoins Bear the Brunt While Bitcoin (BTC) briefly dropped to $95,700—just days after nearing the $100,000 milestone—altcoins