that much BE BE +8.57% The foundation announced Monday that it has launched a governance proposal to upgrade the Sei layer 1 blockchain to version 2. This proposed upgrade, to be implemented by Sei Labs, introduces a high-performance parallel Ethereum Virtual Machine (EVM) aimed at improving network capabilities. Once the governance proposal is approved, the network upgrade will take place one week later. This development allows Ethereum-based contracts to be ported to Sei and used with sub-second finality, reducing the time required to confirm transactions.In addition to compatibility, Sei v2 offers advanced features such as parallel execution, mirroring features found…
Author: Crypto Flexs
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A 10-year-old research paper regarded as a ‘blueprint’ for the first practical application of zero-knowledge proofs (ZK-proofs) has received an award from the Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical organization.“Genesis White Paper” — “ZeroCash: Decentralized Anonymous Payments on Bitcoin,” according to a presentation shared with Cointelegraph. — it was helpful It paved the way for ZK proofs in cryptocurrencies and has now received the “Test of Time” award at the IEEE Symposium on Security and Privacy. “This award recognizes that this paper has had a broad and lasting impact on both research and practice in…
Day 1 – Monday 24th Nov – ÐΞV: Mission and Processes The first day of ÐΞVcon-0 kicked off early at 7am with the Ethereum UK communications team arriving at the venue (Ethereum Dev UG’s workspace in Kreuzberg, Berlin) to set up the 4K high quality recording equipment and arrange the space for the event. After a quick coffee and croissant/pain au chocolat, everyone was ready for the first presentation – “Welcome! Our mission: ÐApps” which was delivered by Gavin Wood. Gavin made it very clear within this presentation the need for decentralised applications in today’s society with two very powerful…
Day 1 – Monday 24th Nov – ÐΞV: Mission and Processes The first day of ÐΞVcon-0 kicked off early at 7am with the Ethereum UK communications team arriving at the venue (Ethereum Dev UG’s workspace in Kreuzberg, Berlin) to set up the 4K high quality recording equipment and arrange the space for the event. After a quick coffee and croissant/pain au chocolat, everyone was ready for the first presentation – “Welcome! Our mission: ÐApps” which was delivered by Gavin Wood. Gavin made it very clear within this presentation the need for decentralised applications in today’s society with two very powerful…
Binance Launches USDC Trading Pair PromotionAccording to an announcement on Binance.com, to celebrate the launch of USDC trading pairs on Binance P2P, Binance will give P2P takers a total of 7,000 USDC in token vouchers. The promotion period is from 00:00 on May 21, 2024 (UTC) to 23:59 on June 4, 2024 (UTC).Promotion DetailsThe promotion consists of two parts: Promotion A for new users and Promotion B for existing users. In Promotion A, new users who have not used P2P trading on Binance before the start of the promotion can receive a 5 USDC token…
A prominent cryptocurrency analyst says that now is Ethereum (ETH)’s time to shine and that its biggest competitor will go parabolic. Household name trader Inmortal told his 213,900 followers on social media platform The analyst suggests an initial target of around $4,000, with charts suggesting ETH has found support around the $2,800 level. “ETH season is starting soon. As in all other cases, distrust was triggered.” Source: Immortal/X As of this writing, Ethereum is trading at $3,107. Analysts are also keeping an eye on Ethereum rival Solana (SOL). According to Inmortal, Solana has been similar to Ethereum’s 2021 market cycle…
Re.al has officially launched its mainnet, launching a new blockchain platform that aims to manage real-world assets such as real estate and goods, and promising to return all profits to users. Arbitrum (ARB) Running on Orbit and powered by Gelato’s Rollup-as-a-Service, re.al is off to a strong start with $40 million already committed and 190 assets ready for tokenization. The platform aims to solve persistent challenges in decentralized finance (defi) by making assets more accessible for trading, improving interoperability and ensuring liquidity. Explaining why they chose Arbitrum Orbit, Jag Singh, CEO of re.al, said, “Speed, flexibility and security are essential…
Kraken is pleased to announce that we are accelerating our new asset listing process. We created a new listings page to standardize the listing process for the project team and increase transparency about our asset listing roadmap for the cryptocurrency community. We’ve also simplified the application form so that teams can easily describe the key features of their project and do their best to get listed on Kraken. Streamlining the listing experience while providing visibility into the decision-making process is an important part of Kraken’s mission to accelerate the global adoption of cryptocurrencies. Submit your application to begin the Kraken…
Richard Whittaker’s day job is editing films about Arctic caribou and Pacific killer sharks. But when a massive cryptocurrency exchange collapsed in 2022, blaming its awkward, curly-haired founder, he knew he wanted to make a documentary about it. Sixteen months later, Whitaker’s own investigation into the collapse FTX: When Money Breaksis streaming for free on Prime Video in the UK and is available to rent or purchase in the US and Australia. Not bad for a small production made with the help of my mom and a budget of about $2,500. Whittaker, who has never dabbled in cryptocurrencies, isn’t the…
Grayscale Investments CEO Michael Sonnenshein has resigned from his position as asset manager amid a large investor exodus from the company’s GBTC ETF. On May 20, the Wall Street Journal reported that Peter Mintzberg would replace Sonnenshein as head of the company in August. Mintzberg is a finance veteran with decades of experience as head of global strategy at Goldman Sachs for the bank’s asset management operations. Grayscale did not immediately respond to crypto.news’ request for comment. The development follows a possible trend reversal for Grayscale’s converted GBTC fund, which last week recorded its first weekly net inflow in about…