Ethereum co-founder Vitalik Buterin proposed a joint idea to improve account abstraction to standard on-chain addresses. This concept, called Ethereum Improvement Proposal (EIP) 7702, introduces a new transaction method that allows Externally Owned Accounts (EOAs), also known as Ethereum (ETH) accounts, to run smart contract wallet functions. After the transaction is completed, the EOA reverts to its default state. Buterin co-authored EIP-7702 with Ansgar Dietrich, Matt Garnett, and Sam Wilson to provide better synergy with the smart contract functionality contained in EIP-4337. According to Uniswap founder Hayden Adams, EIP-7702 also offers quantum resistance. delegate For EIP-3074, the developers were concerned…
Author: Crypto Flexs
The powerful combination of the Internet and ubiquitous smartphones has led us to ask whether we would bother to remember the world’s knowledge if it was so readily available wherever we went. With AI rapidly gaining mainstream adoption, people are naturally looking for ways to minimize or prevent work. But what does that mean for our brains?They say that, at least among college students, excessive use of generative AI tools like ChatGPT can lead to procrastination, memory loss, and poor academic performance. Recent research “Is it harmful or helpful?”The research International Journal of Educational Technology in Higher Education—We found that…
Polkadot (DOT) is correcting gains due to $7.5 resistance against the US dollar. If the price stays above the $6.75 support, another hike could begin. DOT picked up the pace and tested the $7.5 resistance level against the US dollar. The price is trading in the $7.00 area and above the 100 simple moving average (4-hours). On the 4-hours chart of the DOT/USD pair, there is a short-term expanding triangle with resistance forming at $7.50 (data source from Kraken). Failure to hold above the $6.75 support level could lead to the pair continuing to fall. Polkadot price maintains support After…
Bitcoin (BTC) price could continue its upward trend and triple its market capitalization to over $260,000, according to Juyoung Ki, founder and CEO of CryptoQuant, an on-chain and market analysis firm.Youngju Joo explained in a post onYoungjoo Joo referred to a chart comparing the price of BTC and its associated hash rate to market cap ratio, highlighting the cryptocurrency’s continued volatility and the resilience of the Bitcoin network. The chart shows that Bitcoin’s hash rate to market capitalization ratio has increased significantly in 2024, suggesting that market activity and investor interest are likely to increase. Hash rate to market capitalization…
Milan, Italy, May 7, 2024, Chainwire Cryptocurrency casino platform TG.Casino and iconic Italian soccer team AC Milan announced a new partnership this week. Announcement of TG.Casino In a May 6 tweet, X’s @TGCasino_ account Posted: TG Casino is proud to officially announce our new partnership with AC Milan as our European iGaming Partner. Players at TG Casino will soon be able to win AC Milan experiences and merchandise with money they can’t buy!’ The acmilan.com website posted a press release the same day. ‘AC Milan and TG.Casino are delighted to announce a new partnership that will see the online casino…
Gronkowski, Oladipo and Cassill pay $2.4 million in Voyager lawsuit. The agreement highlights regulatory issues and investor protection concerns. In a surprising intersection of sports and finance, retired football star Rob Gronkowski, NBA player Victor Oladipo and NASCAR driver Landon Cassill find themselves at the center of a legal settlement. The case involves allegations related to the promotion of failed cryptocurrency exchange Voyager Digital Holdings Inc. Who should we blame? According to court documents, the three jointly agreed to pay $2.4 million to settle the claims, with Gronkowski taking the lion’s share of $1.9 million. The statement added: “All settlement…
Analytics firm Santiment reports that Cardano (ADA) currently presents slightly better buying opportunities than other top coins. Cardano May Show Good Buying Opportunity According to RSI new post In X, Santiment discussed how the top assets in the cryptocurrency sector have performed in relation to their Relative Strength Index (RSI). RSI here refers to a technical analysis (TA) indicator that tracks the speed and magnitude of recent changes in the price of a specific commodity. This momentum oscillator is commonly used to determine whether an asset is currently overvalued or undervalued. The indicator displays values on a scale from 0…
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According to documents recently submitted to the court, the U.S. Securities and Exchange Commission (SEC) is opposing Ripple’s claim that it should pay less fines.SEC says Ripple Must pay approximately $2 billion in fines for sales XRP -1.77% To institutional investors. In a counter-motion filed last month, Ripple argued that the figure should be: 10 million dollars. The SEC noted that the proposed fine was large, but said that Ripple’s proposed fine would be a “slap on the wrist.” filing Posted on Tuesday.“Rather, it would encourage other cryptocurrency issuers to violate Section 5 by engaging in eminently lucrative endeavors, thereby…
Nodes for sale: This is the latest innovation in the blockchain industry, not about technology but about how to raise cash from investors. “node sale” It involves selling blockchain nodes directly to investors, a process that ostensibly gives projects an easy path to decentralization while also bringing in quick cash. It’s still a relatively new phenomenon in fast-moving cryptocurrencies, but it’s becoming more and more common. It is becoming common. will takeDistributed GPU cloud infrastructure provider, released last week It is said to have distributed over 73,000 node licenses worth over 41,000 ETH ($126 million). Other blockchain projects raising funds…