After much anticipation and endless speculations, Ethereum Foundation researcher Justin Drake has finally reveal his “Beam Chain”proposal to enhance Ethereum’s consensus layer.
XingChiA careless cryptocurrency user just lost $25 million after sending Renzo restaked ether tokens to their safe module-a restricted holding account-instead of their safe wallet-a primary wallet that allows full access to funds.
XingChiThe Ethereum Foundation launched the Mekong testnet to trial key changes ahead of the Pectra upgrade, focusing on staking workflows and UX improvements. The testnet will help developers and stakers provide feedback before these changes are implemented on Ethereum’s mainnet in early 2025.
WeatherlyBitcoin is outpacing traditional assets like gold due to increasing adoption by individuals and institutions. With political backing and a surge in value, it’s gaining traction as a reliable store of value, alongside stablecoins for everyday transactions.
JoyIndia has recently announced that the country is considering banning cryptocurrencies like Bitcoin and Ether in favor of its Central Bank Digital Currency (CBDC).
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiOver $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyEthereum co-founder Vitalik Buterin has announced "The Surge," a roadmap aimed at enabling the network to process over 100,000 transactions per second using layer-2 scaling solutions and sharding. The plan focuses on enhancing interoperability among various platforms while balancing scalability, decentralisation, and security, with the next major upgrade, Pectra, expected in early 2025.
WeatherlyDonald Trump has raised approximately $7.5 million in cryptocurrency donations for his 2024 presidential campaign, with major contributions coming from Bitcoin, Ether, and XRP. The influx of crypto donations reflects his shift from a critic to a pro-crypto candidate, gaining support from key figures in the industry.
AnaisRadiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.
KikyoSouth Korea's Financial Supervisory Service (FSS) is conducting its first inspection of virtual asset exchanges under new regulations that began in July 2024. This includes scrutinising major exchanges like Upbit and Bithumb for compliance with rules on asset segregation, insurance, and internal controls.
AnaisTo address the gap between high passenger costs and low driver earnings in the rideshare industry, REVO Rideshare is using blockchain technology to improve network efficiencies and focus on drivers' needs, distinguishing itself from traditional platforms.
CatherineGoogle's new AI model, HeAR, uses bioacoustic analysis to detect early signs of health conditions by analyzing sounds like coughs and breaths. Partnering with Salcit Technologies, Google aims to enhance early disease detection and accessibility, though challenges remain in ensuring the AI’s accuracy and gaining medical trust.
JoyUS media pointed out that China is preparing to drop a bombshell on the price of Bitcoin, and people are beginning to worry that the US dollar is on the verge of a total collapse.
AlexHamster Kombat (HMSTR) achieved a major milestone on Tuesday with its listing on Bybit, following a recent listing on OKX. This has sparked optimism and speculation that the Telegram-based game could soon be listed on Binance.
CatherineMatter Labs, the parent company of ZKsync, announced a 16% workforce reduction following a strategic review to better align talent with its evolving needs. CEO Alex Gluchowski is actively helping those affected find new jobs.
KikyoThe Open Network (TON) has surpassed 1 billion transactions, driven by its integration with Telegram and a surge in activity from the DOGS airdrop token. Despite its rapid growth and high user engagement, TON faced technical issues and network disruptions due to the intense demand from DOGS transactions.
WeatherlySunPump is in the process of a 100% on-chain buyback and burn process which will be completed within days. This move aims to strengthen SunPump’s position in the competitive meme coin market, but since the announcement, the Sun token price has dropped over 10%.
CatherineST Engineering showcased over 20 new AI solutions at its InnoTech Conference 2024, highlighting tools for fraud detection, emergency response, and hospital resource management. The event also introduced their innovative 5G System-on-Chip and deepfake detection tool, Einstein.AI, emphasizing the company’s commitment to advancing technology for solving contemporary challenges.
JoySpotify's platform is being inundated with AI-generated music and "fake artists," leading to concerns about the impact on genuine artists and the integrity of the music industry. Despite the massive influx and financial gains from these fake artists, Spotify's response has been insufficient, raising ethical questions about their commitment to authentic creativity.
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