China News Daily TheBitTimes.com

Ethereum’s Dencun upgrade went live on the mainnet on March 13, 2024 at 13:55 UTC. The upgrade introduces “blobs” which will see a significant reduction in transaction fees for Layer-2 protocols. Ethereum core developers have activated the Dencun upgrade on the mainnet, with the highly anticipated implementation rolling out at epoch 269568 at 13:55 UTC.  Dencun had previously successfully deployed on the Holesky testnet in February. Dencun upgrade is live The upgrade introduces “blobs,” with the EIP-4844 set to see a significant decrease in transaction fees for Layer 2 protocols. Ethereum and several L2 tokens surged earlier in the week as the Dencun upgrade approached. While prices have slightly retreated in the last 24 hours, the community is super bullish on what this hard fork means for the broader Ethereum ecosystem. The last time the community vibe has been this positive was during the previous two major upgrade s...

Ethereum price made a strong bullish breakout during the weekend as it remained comfortably above the resistance at $3,000. It has risen in the past three straight weeks and is hovering at its highest point since April 18th. The coin has jumped by more than 258% from the post-FTX crash low. Meanwhile,  Bitcoin Dogs has continued to gain popularity as it raised over $4.4 million. Ethereum price surges ETH has made a strong bullish breakout in the past few days even as Bitcoin has remained in a narrow range. The coin now sits above the important resistance point at $3,000 and analysts believe that it has more upside going forward.  It has jumped as investors anticipate more demand ahead of a potential spot ETF approval. Eight companies like VanEck, Blackrock, and Franklin Templeton have all applied for a spot ETF. As such, following the recent approval of a BTC ETF, analysts believe that the SEC will have no choice but to approve it. Therefore, the o...

Societe Generale’s first digital green bond is a senior preferred unsecured bond on Ethereum. The bond was issued as a Security Token and registered on November 30, with an inaugural value of 10 million euros. The maturity is three years and net proceeds will go to eligible green projects and activities. Societe Generale, the third-biggest bank in France, recently issued the first ever digital green bond on a public blockchain, according to details in a news release. The French financial services giant said the issuance of the senior preferred unsecured bond was on the Ethereum blockchain, and carried an initial transaction of 10 million euros ($10.79 million). The bond, which was issued as a Security Token and registered on November 30 by Societe Generale subsidiary Forge, has a maturity of three years and grants access to the transparency and traceability of its carbon footprint via a smart contract. Societe Generale issued its first digital gre...