Goldfeather used Buterin’s 2020 roadmap to counter L2’s criticism. Buterin likened L2 to a web browser to strengthen Ethereum’s ecosystem. Recently, critics have scrutinized Vitalik Buterin’s vision for a Layer 2 (L2) solution, arguing that L2 deviates from the core principles and original roadmap of Ethereum (ETH). These claims suggest that L2 solutions designed to increase Ethereum’s scalability are no longer aligned with the network’s core goals. However, most of these criticisms overlook a key aspect of Buterin’s 2020 rollup-centric roadmap, which provides a clear path for L2 development. Steven Goldfeder Defends Buterin’s L2 Roadmap In response to these criticisms,…
Author: Crypto Flexs
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Marinade, a Solana staking marketplace, has hired Hadley Stern, former president of Fidelity Digital Asset Services, as its chief commercial officer.According to a press release shared with The Block, Stern will lead Marinade’s efforts to strengthen its staking solution and position it in the digital asset industry.Stern served as the founding president of Fidelity Digital Assets from 2016 to 2018. He also led Amazon Web Services’ Innovation Lab for more than a year from 2020 and served as global head of digital asset custody at BNY Mellon from 2021 to 2024.“Stern’s deep understanding of digital asset management makes him the…
Terryl Dickey September 6, 2024 08:11 Golem Network launches the MVP of Golem-Workers and invites beta testers to improve its features and interface. According to the Golem Network blog, Golem Network has announced the release of a minimum viable product (MVP) for the Golem-Workers API and is inviting beta testers to help improve the new features. What are Golem Workers? Golem-Workers is an API designed to provide direct, high-level access to GPU and CPU resources on the Golem Network. This feature allows users to perform complex tasks on the network by leveraging the distributed…
Analysts said altcoins remained relatively strong despite Bitcoin’s recent decline, suggesting investors are adjusting how they protect their capital amid market uncertainty.“This shift suggests a potential regime shift as investors look to altcoins for value, away from the typical pattern of piling into Bitcoin during a recession,” analysts at cryptocurrency exchange Bitfinex wrote in a Sept. 9 report.“Altcoin markets have shown resilience,” he added.Analysts have noted the recent price decline of Bitcoin (BTC), which fell to $52,827 on September 7, down 10.8% from seven days ago, according to CoinMarketCap data.Bitcoin has since recovered slightly to $57,001, but remains below the…
Bitcoin (BTC) has given up recent gains as cryptocurrency investors were left disappointed by the September 11 U.S. presidential debate.BTC/USD 1-hour chart. Source: TradingViewBitcoin Selling Pressure Increases as CPI PrintsAccording to data from Cointelegraph Markets Pro and TradingView, the price of BTC fell $1,000 in just one hour after the daily close, with BTC/USD hitting a local low of $56,099 on Bitstamp.The upward momentum reversed as Donald Trump or Kamala Harris failed to provide new inspiration to those seeking a supportive cryptocurrency policy.“The cryptocurrency market is also disappointed by the lack of commentary on cryptocurrency policy,” trading firm QCP Capital…
US presidential candidates Kamala Harris and Donald Trump have debated a range of topics from abortion rights to the war in Ukraine, but cryptocurrencies were not among them. Harris and Trump have clashed on key issues, often retreating into personal attacks. Today’s debate brought up a recurring theme: the riot at the U.S. Capitol on Jan. 6, 2021, which the former president denied calling for violence in a speech to his supporters. On the Israeli war, Trump said there would be no conflict if he were president, and claimed that if Harris were elected president, Israel would “not exist in…
Friend.tech recently released a statement clarifying the development to its users. The platform has taken action against the rumors that have been spreading. Friend.tech’s native token has changed in response. Popular decentralized social media platform Friend.tech has been at the center of industry buzz in recent days, with rumors of a potential shutdown following a management change. This speculation has sparked widespread concern among its user base, leading to a backlash from the community and a sharp drop in the value of its native token, FRIEND.In response to these concerns, the platform issued a statement to its user base.”We have…
Singapore regulators have no plans to allow the use of cryptocurrencies for gambling due to money laundering risks. In a speech to Parliament on September 10, Minister for Home Affairs and Social and Family Development Ms Sun Xue Ling clarified Singapore’s regulatory stance on the use of cryptocurrencies in casino gambling. The minister’s remarks were made during the closing speech of the Casino Control (Amendment) Bill at its second reading. Introduced on 4 July 2024, the Bill aims to create a future-proof framework for regulating casino gambling activities in Singapore, empowering the gambling regulator to define chips as any betting…
Felix Pinkston September 6, 2024 09:24 VanEck’s ‘Trends with Benefits’ podcast, hosted by Ed Lopez, delves into innovative market insights, investment strategies, life philosophy and more. Global investment manager VanEck has launched a podcast called “Trends with Benefits,” hosted by Ed Lopez, the firm’s director of product management. According to VanEck, the podcast aims to provide listeners with a forward-looking perspective on markets, investing, work, and life. Innovative Market Insights The ‘Trends with Benefits’ podcast seeks to explore new ways of thinking about various aspects of the financial world. By inviting a variety of…
Company • September 10, 2024 11:36 PM EDT Posted 1 minute earlier ~ in Updated: September 11, 2024 1:47 AM EDT Indonesian cryptocurrency exchange Indodax appears to have experienced an exploit that resulted in losses of around $15.7 million.Peckshield Wrote Today X announced that it detected a massive cryptocurrency outflow of approximately $15.7 million from Indodax. Cyvers Alerts also Flag is specified The system reportedly identified several suspicious transactions involving Indodax’s wallets across multiple networks. “The suspicious addresses already have $14.4 million in storage and are exchanging tokens for Ether,” Cyvers said.According to PeckShield, there were approximately 5,204 ETH parked…