Custodia Bank and Vantage Bank Launch Avit Stablecoin, Revolutionizing Traditional Banking with Blockchain Custodia Bank and Vantage Bank have made history by being the first in the U.S. to tokenize U.S. dollar demand deposits on a public blockchain through the launch of the Avit stablecoin on the Ethereum mainnet. This groundbreaking move, fully compliant with […]
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Scam Alert: Another 6,260 ETH Lost in GMX-Linked Smart Contracts Another day, another crypto heist. Hackers have exploited vulnerabilities in smart contracts linked to GMX, a decentralized exchange, making off with 6,260 ETH, worth about $13 million. The “Abracadabra Spell cauldron” protocols, part of the decentralized lending platform Abracadabra, were the target, not GMX’s own […]
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Ethereum’s Validator Custody Dilemma: Static or Dynamic? The Ethereum community faces a pivotal decision: should it adopt a static or dynamic custody model for its validators? This choice will significantly impact the future of Ethereum’s Proof-of-Stake (PoS) system, influencing network efficiency, decentralization, and performance. Static custody: Simple yet inflexible Dynamic custody: Adaptable but complex Challenges: […]
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Ethereum’s Midlife Meltdown: Navigating the Shift to Layer-2 Networks Ethereum, once the golden child of the blockchain world, is now grappling with what Standard Chartered analysts call a “midlife crisis,” marked by a significant price drop and a shift of its value to layer-2 networks. Ethereum price drops 40% in three months Value shifts to […]
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S Korean Electronics Giant LG Shuts Down Its NFT Marketplace LG Electronics, a titan in the tech world, has made the surprising decision to pull the plug on its NFT marketplace, LG Art Lab. Launched amid the NFT frenzy in 2022, the marketplace aimed to revolutionize how digital art is consumed through integration with LG’s […]
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Ethereum’s All Core Devs Meeting (ACDC) #153: Key Updates and Challenges Ethereum’s developers are racing against time to refine their blockchain, with the latest All Core Devs Meeting (ACDC) #153 unveiling critical updates and challenges. From the launch of the Hoodi Testnet to discussions on validator custody dynamics and the potential inclusion of EIP-7688, the […]
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NYSE Proposes Staking for Bitwise Ethereum ETF: A Step Forward in Crypto Finance The New York Stock Exchange (NYSE) has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to add staking capabilities to the Bitwise Ethereum ETF (ETHW), a move that could enhance the performance of these financial products and benefit the […]
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Coinbase Takes the Lead as Largest Ethereum Node Operator with 11.42% of Staked ETH Coinbase has emerged as the largest Ethereum node operator, controlling 11.42% of all staked Ether (ETH), valued at approximately $6.8 billion as of March 3. This development raises questions about centralization, market dynamics, and political influences on the crypto industry. Coinbase: […]
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Polygon Surges in NFT Sales Volume, Outpacing Bitcoin and Solana Polygon has recently surged past Bitcoin and Solana in daily NFT sales, reaching a significant volume of $2.8 million, up 140% from the previous day. This impressive growth is largely driven by the Courtyard NFT collection, which alone accounted for over 80% of Polygon’s NFT […]
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Ethereum’s Testnet Transition: From Holesky to Hoodi Ethereum developers are gearing up to retire the Holesky testnet in September 2025 after disruptions during the Pectra upgrade testing led to a mass exodus of validators. The new Hoodi testnet will take over testing responsibilities for the Pectra upgrade, while Holesky might find a new purpose in […]
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