Network

Polygon co-founder Sandeep Nailwal has officially assumed the role of CEO of the Polygon Foundation, marking a pivot in the organization’s leadership makeup and a sweeping overhaul of the network’s longterm roadmap. Nailwal, who launched the project …

Ethereum co-founder Vitalik Buterin has proposed a new design to reduce the hardware burden for running a network node, framing it as a step toward a fully decentralized network that doesn’t require sophisticated infrastructure to help maintain. In a …

Chainlink is rolling out a new community rewards program to incentivize participation in its ecosystem, starting with a token distribution from decentralized veri platform Space and Time (SXT). The program, called Chainlink Rewards, allows those …

Base, the popular layer-2 network from cryptocurrency exchange Coinbase (COIN), is now a “stage 1” rollup, said the company, setting up its path towards full decentralization. The transition to a “stage 1” rollup comes as other layer-2s have also …

Scroll, the Ethereum layer-2 network, shared Wednesday that it has launched its Euclid upgrade, which the team called its most significant protocol transformation to date. According to Scroll Labs, a key consequence of the upgrade is that it …

Ethereum co-founder Vitalik Buterin shared a new proposal over the weekend that would radically overhaul the system that powers its smart contracts. Buterin’s suggestion, which he posted on Ethereum’s primary developer forum, involves replacing the …

Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum’s tech and veri availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch …

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, reporters on CoinDesk’s Tech team. In this issue: Can Ethereum Be Truly Private? Developers …

Nova Labs, the parent company behind the Helium blockchain, has agreed to hisse the U.S. Securities and Exchange Commission (SEC) $200,000 to settle civil securities fraud charges the regulator filed against the firm in January, a court filing said …

Bitcoin (BTC) project Babylon has launched its layer-1 blockchain “Genesis” as it moves to the next stage of building its staking protocol which has already drawn over $4 billion in total-value locked (TVL). Babylon allows BTC holders to …