Ethereum co-founder Vitalik Buterin spoke about the next stage of the blockchain roadmap, the Purge. According to Buterin, the roadmap’s new stage aims to simplify the network structure and reduce the load on nodes. Central to developing the protocol at this stage is the implementation and development of EIP-6780, introduced during the recent Dencun hard fork. It...
The total value locked in Ethereum restaking protocols has jumped to $8.35 billion. The total value locked (TVL) of the ether.fi project exceeded $3.2 billion. Renzo is in second place with $2 billion, while data from The Block shows that Puffer is third with TVL at $1.3 billion. Source: The Block EigenLayer also saw an uptick in activity...
Solana Labs Co-Founder Anatoly Yakovenko has directed his community towards a new blockchain protocol called BunkerCoin. The announcement coincides with the release of the white paper for BunkerCoin, a blockchain protocol designed for environments with limited bandwidth, including compatibility with shortwave radio. The white paper, released today and titled “BunkerCoin: A Low Bandwidth, Shortwave Radio-Compatible Blockchain Protocol,” presents...
Crypto hacks have cost the digital asset industry billions of dollars, with experts advising additional attention and resources toward security measures. According to DefiLlama, all-time losses incurred from crypto hacks exceeded $7.7 billion as of April 1, despite a 23% decrease in incidents during the first quarter of 2024 compared to last year. Data revealed that decentralized finance...
Cryptocurrency exchange Binance will force the conversion of 15 tokens into USDT. The reasons for Binance’s decision are unclear at press time. According to today’s platform announcement, Binance will convert tokens into USDT based on users’ funds in their Binance wallets at midnight on April 21. However, users can withdraw the airdropped or delisted tokens until this time. After the specified time,...
Vitalik Buterin thinks ‘degen communism’ can make the crypto economy fairer and promote a common good amidst the market’s inherent chaos. The term ‘Degen communism’ merges the adventurous spirit of “degen” culture, known for its high-risk, high-reward investment strategies, with a structured approach to ensure that the fallout from market volatility disproportionately harms none. Advocating for this...
Binance has appointed a board of directors for the first time as regulatory crackdown intensifies. The newly formed board will be chaired by Gabriel Abed, previously Barbados’ ambassador to the United Arab Emirates. The board comprises seven members, including Binance CEO Richard Teng and other key executives such as Heina Chen, Jinkai He, and Lilai Wang, who were...
Kraken Australia's Managing Director Jonathon Miller said institutional crypto demand is lagging in Australia, but stablecoins and the right policy moves could help it catch up. Australia’s crypto industry is in a good spot to benefit from a global “inflection point” for crypto demand as long as its lawmakers make the right decisions, according to a...
SINGAPORE (The Straits Times/ANN): Get ready to sizzle in April and May. Temperatures in the next two months – usually among the warmest months in the year – could be nudged up further due to lingering effects of the El Nino phenomenon that gripped Singapore from the second half of 2023, experts say. El Nino is a...
BANGKOK (Bernama): The Office of the Thai Narcotics Control Board (ONCB) today received two Thais suspected of drug trafficking, extradited from Malaysia. The Secretary-General of the ONCB Pol. Lt. Gen. Panurat Lakboon said the ONCB Regional Office 9, Narathiwat Provincial Police, Narathiwat Immigration Police, and military officers from ISOC Region 4 received the suspects at the...
