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Ethereum Prepares for Landmark Pectra Upgrade, Its Most Significant Update Since the Merge
The Ethereum development community is gearing up for the highly anticipated Pectra upgrade, scheduled to take place on Wednesday, which promises to introduce the most substantial code modifications to the blockchain since the Merge in 2022. Pectra, a portmanteau of Prague and Electra, encompasses two concurrent upgrades to Ethereum's consensus and execution layers. This upgrade is designed to ren…
May 5, 2025, 2:21 p.m.
Tech
Dinari Secures $12.7M in Funding to Increase Global Access to Tokenized US Stocks
A recent funding round has seen Dinari, a cryptocurrency startup specializing in the tokenization of real-world assets, raise $12.7 million in a Series A investment led by prominent venture capital firms Hack VC and Blockchange Ventures. Additional support was provided by VanEck Ventures, F-Prime, and the Avalanche Fund, as reported by Fortune. This investment brings the total funding for the Cal…
May 1, 2025, 1:04 p.m.
Tech
Aztec Launches Testnet for Privacy Rollup After 8 Years of Development
In a significant milestone, Aztec, a layer-2 rollup prioritizing user privacy, has announced the launch of its testnet. This development comes at a time when institutions are increasingly seeking solutions that can guarantee the confidentiality of their transactions. The Aztec team has been working on this product for over eight years, bringing cutting-edge, privacy-preserving technology one step…
May 1, 2025, 1 p.m.
Tech
World Crypto Initiative by Sam Altman Launches in the US with Biometric Orbs
Sam Altman's ambitious blockchain project, World, has officially launched in the United States, with the goal of deploying 7,500 biometric orbs across the country by year's end. These orbs, which resemble chrome bowling balls, utilize eye-scanning technology to verify an individual's identity and will initially be available in six key cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and Sa…
May 1, 2025, 4:20 a.m.
Tech
Uncovering the Movement Token Dump Controversy
Welcome to our weekly cryptocurrency tech development roundup. I'm Margaux Nijkerk, Ethereum protocol reporter. This issue covers key network news, including Movement's token dump scandal, where an investigation exposed a potential insider-dealing scandal involving a $100M series B round and a $38 million selloff after the token's debut. We also delve into the ETH proposal to raise the gas limit …
April 30, 2025, 6:38 p.m.
Tech
Revolutionizing Dispute Resolution: GenLayer Introduces AI-Driven Court System for Crypto
Imagine a world where crypto disputes are resolved efficiently and neutrally, without the need for lengthy and costly litigation. This is the vision of GenLayer, a innovative project that utilizes AI models as judges to provide trustworthy and unbiased arbitration. By harnessing the power of artificial intelligence, GenLayer aims to create a global synthetic jurisdiction that operates around the …
April 30, 2025, 4:04 p.m.
Tech
Uncovering the Token Dump Scandal: Hidden Agreements and Suspicious Dealings
The Movement cryptocurrency project, endorsed by Donald Trump's World Liberty Financial, has been embroiled in a token-dumping scandal. A financial deal intended to launch the MOVE crypto token backfired, leading to a steep price drop and allegations of insider dealing. An investigation by CoinDesk has uncovered secret contracts, shadow advisers, and hidden middlemen, including a company called R…
April 30, 2025, 11 a.m.
Tech
Relaxing Bitcoin's Data Limits Sparks Debate Over Blockchain's Purpose
The Bitcoin community is once again embroiled in a heated discussion over the role of data storage on the blockchain, with a proposed change to remove the 80-byte limit on OP_RETURN data sparking intense debate. This feature allows users to attach small amounts of extra data to transactions, often used for notes, timestamps, or digital records. The proposed change, put forward by developer Peter …
April 30, 2025, 8:44 a.m.
Tech
Coinbase's Base Network Reaches Significant Decentralization Milestone
Coinbase's Base, a prominent layer-2 network, has achieved 'stage 1' status, marking a crucial step towards full decentralization. This transition brings Base in line with other layer-2 networks that have reached this milestone, resulting in reduced reliance on centralized entities. A newly established security council, comprising ten independent entities from around the globe, will be responsibl…
April 29, 2025, 4 p.m.
Tech
Ethereum Transaction Speed May Surge to 2,000 TPS with Ambitious Proposal
On Sunday, Ethereum Foundation researcher Dankrad Feist submitted a proposal known as Ethereum Improvement Proposal 9698. The plan involves allowing the blockchain's gas limit to increase automatically over the course of four years. Feist, known for his work on scaling the Ethereum network, including the 'danksharding' component of the Dencun update, has introduced a deterministic exponential sch…
April 28, 2025, 12:43 p.m.