Ethereum’s Fusaka Upgrade Reaches Final Testnet – Mainnet Launch Locked for December 3rd

The third and final testnet for Ethereum’s Fusaka upgrade goes live. Ethereum’s long-awaited Fusaka hard fork reached a major milestone on Tuesday with a successful deployment to the Hoodi testnet – the final phase of testing before the mainnet was activated later this year. The test, which went live around 18:53 UTC, completed Ethereum’s three-phase […]

Ethereum sees $169 million outflow, but traders aren’t giving up on leveraged bets

Optimism over possible rate cuts fueled $921 million inflows into digital asset investment products, Ethereum-based investment products recorded their first weekly outflows in five weeks, with $169 million, after steady withdrawals every day. Despite this, demand for dual-leveraged Ethereum ETPs remained strong, indicating that traders were still interested in exposure to risky assets. This comes […]

Vitalik Buterin and Anatoly Yakovenko clash over Ethereum’s Layer-2 security

Vitalik Buterin and Anatoly Yakovenko debate whether Ethereum’s Layer-2 networks really guarantee security and decentralization. A public exchange between Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko has gained attention in the X-crypto community. The debate focused on the level of security offered by Ethereum’s Layer 2 (L2) networks. Security and centralization risks Buterin […]

110 year old retail giant bealls accept meme coins and stablecoins in stores

Bealls now accepts over 99 digital currencies from 300 wallets through the new Flexa Payments integration. Bealls, a 110-year-old American retail chain with more than 660 stores across the country, has announced a new partnership with digital payments company Flexa to enable cryptocurrency payments in its stores. With this integration, Bealls becomes the first national […]

Polygon’s Nailwal bashes the Ethereum community, Buterin steps in with surprising praise

‘Ethereum Elite’ is under fire for its concentrated control, perceived underpayment of top contributors and governance issues highlighted by a core developer’s revelations. Ethereum co-founder Vitalik Buterin intervened after public comments from Polygon co-founder Sandeep Nailwal, as he sought to give credit to both the project and its leadership. Nailwal expressed frustration with the Ethereum […]

BitMine is still buying the dip, Tom Lee has raised $1.7 billion in ETH since the crash

Tom Lee’s Ether Treasury business has been aggressively buying the dip since the market crash earlier this month. BitMine Immersion Technologies has made its fourth purchase of Ether since its record liquidity flush on October 10. The company raised $250 million in ETH from Bitgo and Kraken on Monday, according to to Arkham Intelligence, which […]

Vitalik Buterin unveils GKR: a faster, more scalable zero-knowledge protocol

GKR reduces ZK-proof costs by only committing to inputs and outputs and skipping all the heavy intermediate steps. Ethereum co-founder Vitalik Buterin has introduced a cryptographic protocol called GKR, short for Goldwasser-Kalai-Rothblum, to make zero-knowledge (ZK) proofs much faster and more scalable. The protocol will reduce the cost of computing ZK proofs, which are the […]