Ethereum co-founder Vitalik Buterin has proposed a 33% increase in the network's gas limit during a recent Reddit AMA, aiming to break a nearly three-year stagnation. The adjustment, if implemented, could enhance Ethereum's transactional capacity but raises concerns about heightened network risks, prompting the community to carefully weigh the potential benefits against security implications.
JoyEthereum co-founder Vitalik Buterin proposes a 33% gas limit increase to improve network throughput. While aiming for enhanced capacity, the move poses challenges like increased hardware loads and susceptibility to network issues. Gas fees have experienced fluctuations, reaching highs during inscriptions crazes. The proposal adds nuance to ongoing scalability debates in the Ethereum community.
Xu LinBinance discontinues BUSD support, prompting users to take immediate action. This strategic move aligns with the exchange's commitment to adaptability in the dynamic crypto landscape.
Huang BoCalifornia takes action against crypto scams with the introduction of new ATM withdrawal limit.
Hui XinThe new rule is aimed at money laundering and terror financing.
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BitcoinistThe current leader of the Federal Deposit Insurance Corporation cautions that “innovation can be a double-edged sword."
Others
CointelegraphThe new buy limits are intended to better “protect crypto investors” and make them “more aware of the risks” associated with crypto assets, according to one of the exchanges.
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Cointelegraph