MoonDAO announces sweepstakes for a second ticket to Space
Key Points MoonDAO is offering its second ticket to take another DAO-voted member into Space via Jeff Bezos's company, Blue Origin. MoonDAO sent the first DAO-voted member into Space in August 2022 and is now back with similar pursuits. In August 2022, MoonDAO...
Scalability debate reignites as ETH and BTC gas fees surge with price rises
Key Points Bitcoin has broken an 18-month high by trading at over $37,500 on Nov 9. ETH has also been surging in prices, but so is its gas fees. Over the past 24 hours, it breached the $200 mark for given high-priority transactions, igniting debate on scalability...
Binance Web3 wallet launches
Key Points Binance crypto exchange has launched a Binance Web3 wallet for its 150 M registered users. The Binance Web3 Wallet has been launched within the primary Binance app and is predominantly used for trading cryptocurrencies. Binance has announced the launch of...
Ethereum has a dumpster fire of a consensus layer – Charles Hoskinson
Key Points Ethereum and Cardano co-founder Charles Hoskinson has taken a shot against at Ethereum, calling it a “dumpster fire” due to its development approach. He added that he pities Ethereum maxis, and Cardano’s comparison with Ethereum is now going too far....
Shibarium executive warns against possible exploitations after the chain went live
Key Points Shiba Inus marketing strategist Lucie has issued a stern warning and offered instructions to reduce the risk of phishing attacks when using Shibarium. Shibarium went live on August 16 as an Ethereum layer two scaling solution and can be accessed by anyone...
A new decentralized asset management platform launches on Arbitrum and Optimism
Key Points Decentralized asset management platform Valio launches, promising users control of their assets and immersion into Web 3 The platform targets “leveling the playing field” for investors. Valio, a new decentralized asset management system, has launched...
Coinbase layer 2 network Base hits record 136000 daily users
Coinbase layer 2 network Base has registered an impressive 136K users in a day despite the exchange being under US SEC investigations and legal battles.
Matter Labs CEO Alex Glochowski denies copy-pasting Polygon Zero code
Key points Matter Labs have denied allegations that it copied “performance-critical components” from Polygon Zero’s “Plonky2.” Matter Labs CEO Alex Glochowski says the allegations against them are unfounded, misleading, and disappointing Matter Labs CEO Alex...
Here is what I think about biometric Proof of Personhood-Vitalik Buterin
Key Points Vitalik Buterin has released a blog note on what he thinks about biometric Proof of Personhood as cases of identity theft rage. He applauds the Worldcoin team for their efforts in linking up to discuss the matter. Vitalik says that Proof of Personhood has...
The Ultimate Guide to Bitcoin Halving: Understanding the Process and Implications
Introduction: Bitcoin halving is a significant event that occurs approximately every four years within the Bitcoin network. It is a programmed reduction in the rate at which miners create and earn new bitcoins. Bitcoin halving is an integral part of the...
Understanding Blockchain Addresses: EOAs and Smart Contract Addresses
IntroductionExternally Owned Addresses (EOAs):Key characteristics of EOAs:Smart Contract Addresses:Key characteristics of Smart Contract Addresses:Conclusion Introduction At the heart of Blockchain technology lies the concept of blockchain addresses, which play a...
Vitalik Buterin reflects on Account Abstraction at ETHcc Paris 2023
Account abstraction is a concept in Blockchain technology that refers to separating the user account layer from the smart contract layer to make it easier for users to operate their accounts. Vitalik has been pushing this idea to increase security in the Ethereum network while improving user experience.