Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Nimbus
Nimbus Receives a $650k Grant Courtesy of Ethereum
On the 28th of January, a press release confirmed that the Ethereum foundation gave a $650k grant to Nimbus. The grant is for Nimbus to continue working on light Ethereum 2.0 clients. The project aims to allow smartphones and other embedded devices to handle smart contract capable nodes. In March 2018, Status launched Nimbus as an infrastructure project. The Ethereum Foundation and Gitcoin contributed to the project’s funds. Ethereum Foundation also contributed an aggregate of 1.65 million USD. Initially, the…
5 years ago