Crypto && Coffee 145 – Crypto Tracking

Crypto&& Coffee 145

Technical Summary:

BitcoinThe term “Bitcoin” refers to the Bitcoin network,…See more:

• Antoine Riard posted to the Bitcoin-Dev mailing list and the Lightning-Dev mailing list about a liability disclosure that affects all Lightning Network implementations.

Ethereum:

• Galaxy’s Christine Kim highlights the latest All Core Devs Call on Ethereum, the launch of devnet 11, the shadow fork of Goerli, next week, the possibility of Dencun’s activation being delayed until 2024, and more!
• Vitalik Buterin published the following article: Different types of Layer 2Explains the complex differences between rollup, validation, and disconnected systems.
• Ethereum Foundation researchers published a paper on dynamically expanding the available suite. consensusConsensus is a mechanism for achieving the necessary consensus. protocol. A growing number of developers are still actively developing various consensus protocols for Ethereum.
• Prysmatic Labs’ Terence Tsao shares new specifications for inclusion lists and dedicated gas limit options. The inclusion list is utilized for Ethereum censorship.
• Péter Szilágyi of the Ethereum Foundation posted that Nethermind and Besu violated the protocol by stopping storing past Ethereum data and attempting to standardize it.

Other chains:

• On October 17, 2023, Scroll released Scroll. mainnetThe term mainnet distinguishes between realnet/mainnet blockchains… See more It’s officially live! Scroll is an EVM compatible zk-Rollup.
• Arbitrum Orbit is now mainnet ready! Users can now build custom, permissionless chains using cutting-edge scaling technology.
• Polygon’s PIP-29 is now active, a proposal to create a Polygon Protocol Council. This committee will define the upgradability and community-led governance of the protocol moving forward.
• MigaLabs shares a new monitoring tool that visualizes and inspects both Ethereum Beacon nodes and validators across the network.
• Introducing Chainchat by Zapper, which provides channel and monetization capabilities directly within the application. This is similar to the XMTP built into Coinbase. walletA wallet is a device (a hardware device, program, or service)..
• The first Layer 2 coordination call, RollCall, took place on October 18, 2023. The idea behind this is to power Layer 2 innovation by providing a neutral platform for rolling up to align with standards.
• Rated Network offers a new dashboard for Ethereum validator slash and related statistics.
• Superchain Eco was introduced to accelerate the adoption and development of the OP stack.
• Focused on Liquid Stake tokens for Ethereum, Swell Network shares the future of its development. This includes future expansion of the LST DeFi ecosystem, liquid re-staking fundamentals, and further research.
• Aave has chosen to use RocketPool’s rETH instead of Lido for 100% allocation through its governance proposal.
• CoW Swap has announced gas-free acceptance of its tokens and its entire trading practices will be completely gas-free!
• Masha Moosavi of OffChain Labs shares the following article: fast and violent withdrawal Optimistic RollupThey process transactions in batches and submit them to L1 i..

Hacking | vulnerability | Exploit:

• India’s SIT (Special Investigation Team) began the investigation. cryptocurrencyCryptocurrency (or cryptocurrency) is a digital asset. Scams through searches in 41 locations in Himachal Pradesh.
• Fireblocks researchers discovered the first account abstraction wallet vulnerability.
• Over the past few months, Samczsun and others have been conducting simulated attacks internally using protocols such as Compound and Yearn to be better prepared when the time comes. Read the full thread here.
• On November 1, 2023, the Onyx protocol was exploited on Ethereum for approximately $2.1 million. The attackers launched the same style of attack previously used against Hundred Finance. Now your funds are moving through Tornado Cash.

Mainstream Summary:

• The long-awaited final statement on the UK’s HMT cryptocurrency regulatory framework has been published.
• New York Attorney General Letitia James is suing cryptocurrency companies Gemini Trust Company, Genesis Global Capital, LLC, and its affiliates Genesis and Digital Current Group, on charges of defrauding more than 230,000 investors out of more than $1 billion. A full lawsuit was filed.
• ZKP2P offers a 90-second trading demo leveraging Venmo to send funds from USD to USDC on Ethereum.
• Unchained reveals some new CoinShares data showing how inflows have reached their highest weekly level since June 2022, fueled by spot Bitcoin ETF optimism.
• token terminal highlight Trends smart contractSmart contracts are computer protocols for digitalization. This is the amount of gas you have used in the last 30 days. The new leader is Tron’s USDT contract!
• Coinbase’s Brian Armstrong shares that they are working hard to improve both the cost and time it takes to confirm payments within Coinbase Wallet. Their goal is to keep the average end-to-end transaction time under 1 second. This may require layer 2 payments by default.
• Connext Network has issued a call for integration into the Open Bridge standard. They are bringing together developers from Across, Celer, LiFi, etc.
• Coinbase announced that it has chosen Ireland as its EU MiCA hub, marking a significant chapter in its international expansion.
• On October 23, 2023, iShares Bitcoin Trust was listed on DTCC (Depository Trust & Clearing Corporation, which clears NASDAQ transactions). All processes for ETFs are in progress.
• SEC Acknowledges Grayscale’s Spot Ether ETF Filing This allows existing Ether products to be converted into ETFs.
• Base, Coinbase’s layer 2, announces Base Grants to help drive early ideas and early prototypes at Base.
• Mastercard and MoonPay announced that they are collaborating to drive innovation and strengthen consumer connections through Mastercard’s Crypto Credential, Mastercard Send, and Click to Pay.
• Elliptic wants to set the record straight about cryptocurrency crowdfunding through Hamas.

This week’s cup of coffee:

This week I’m going to Stockholm, Sweden for a beer. Ana Sora, Natural Ethiopia From Drop Coffee. This Ethiopian roast offers soft notes of clementine, blueberry, and jasmine. Take a sip and enjoy!!