ETHEREUM
What is Ethereum?
Ethereum is an open-source decentralized platform that introduced the concept of smart contracts into the blockchain space. Through these smart contracts, developers using the Ethereum network are able to create their own decentralized apps and tokens.
Ethereum is an open-source decentralized platform that introduced the concept of smart contracts into the blockchain space. Through these smart contracts, developers using the Ethereum network are able to create their own decentralized apps and tokens.
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
Ethereum Devs Discuss Dencun Upgrade and EVM Object Format
The ACDE Call #172 saw Ethereum developers discussing the Dencun testing progress and the debated EOF proposal amidst concerns over its complexity and timing. The discussions reflect a cautious approach towards substantial protocol upgrades, ensuring Ethereum's evolution considers both immediate and long-term implications.
Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions
Bitfinex has integrated Tether Gold transactions via the Polygon zkEVM transport layer, marking a significant step towards cost-effective and secure digital asset transactions from October 11, 2023.
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.
Polygon Co-Founder Proposes zk-Powered ApeChain
A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.
Circle Launches Native USDC on Polygon
Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.
SSV Network Founder Drafted; Assurance of Continued Operations Given
The leadership of SSV Network, amidst a war crisis, shared personal experiences and reassured the community of ongoing operations. Founder Alon Muroch described the ground situation as a "massacre" after being drafted, while A. Matthias emphasized team unity and continued work towards delivering a robust Distributed Validator Technology (DVT) network. The scenario highlighted the resilience of decentralized blockchain networks in maintaining operational integrity under challenging circumstances.
Flow Blockchain Proposes Full EVM Equivalence to Enhance Composability and Usability
Flow blockchain unveils proposal for full EVM equivalence, bridging Ethereum dApp ecosystem with Flow’s unique capabilities. The move aims to enhance composability, interoperability, and user experience across the blockchain space.
Ethereum Foundation Suffered from MEV Bot Attack in Eth Selling
The Ethereum Foundation suffered a Sandwich attack by an MEV Bot during a 1.7k ETH transaction on Uniswap V3, resulting in a $9,101 loss. The incident spotlights the rising menace of MEV exploits and underlines the necessity for enhanced security protocols in blockchain transactions.
Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn
The Ethereum Foundation's sale of 1,700 ETH, coupled with pessimistic views from a crypto trading KOL and Mike Alfred, has fueled concerns about Ethereum's financial outlook. These developments may signal a potential downturn in ETH prices.