In a recent proposal, prominent Ethereum developers including Vitalik Buterin, Sam Wilson, Ansgar Dietrichs, and Matt Garnett proposed a new transaction type to improve Externally Owned Accounts (EOA).This proposal, currently in draft status, outlines the creation of a new transaction type that temporarily converts EOAs to a smart contract wallet during transaction execution, providing similar functionality to that described in EIP-3074.According to the draft proposal, EIP-7702 would allow batching of transactions and sponsorship transactions with payments from different accounts. The proposed transaction type includes a contract_code field and a signature, allowing EOAs to temporarily adopt smart contract functionality.The core intent…
Author: Crypto Flexs
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The cryptocurrency world is thriving with valuable cryptocurrencies. Prominent cryptocurrencies among these are Pepe, Pyth, and BlockDAG. BlockDAG has been gaining significant attention since its feature gained attention on the “Luxe Crypto” YouTube channel. This article focuses on the popular YouTube video of “Luxe Crypto”, which highlights BlockDAG’s features such as its futuristic miner series, advanced network, user-friendly payment cards, and ambitious goals, while addressing Pepe’s resilience and Pyth Network’s stability issues. Investigate. $20 by 2027. The video also sparked investor enthusiasm by highlighting BlockDAG’s $2 million giveaway strategy and clear roadmap. With $23.6 million in funding and a potential…
Cryptocurrency market maker Wintermute announced today that it will provide liquidity to OSL and HashKey for spot Bitcoin and Ether exchange-traded funds in Hong Kong to “strengthen Wintermute’s presence in the Asian cryptocurrency market.”Wintermute said in a statement Wednesday that it plans to work closely with Hong Kong-based spot cryptocurrency ETF sub-custodians OSL and HashKey on the purchase, sale and delivery of the underlying Bitcoin and Ethereum for the spot ETF.“ETFs play a key role in attracting the next generation of investors from both institutional and retail sectors to the cryptocurrency space, and this would not have been possible without…
Mode Network, a modular decentralized finance (DeFi) layer 2 solution built on the Optimism Stack, has launched its governance token, MODE. At the same time, the network has launched a cryptocurrency airdrop season and the token claim site is now live for participants. 550 million cryptocurrency airdrop MODE tokens have a dual function. It serves as a governance mechanism and promotes ecological growth within the network. The total supply of MODE tokens is fixed at 10 billion, with an initial circulation of 1.3 billion. This stems from previous crypto airdrops and foundation and treasury allocations. Regarding distribution, 35% of MODE…
One closely watched cryptocurrency trader believes Solana (SOL) has witnessed the last major correction of this market cycle. Household analyst Inmortal told his 213,300 followers on social media platform X that SOL bulls had successfully defended support around $120. The trader shares a chart that suggests the blue chip altcoin is now poised to bounce to a new 2024 high at $320. “Last dip. brush.” source: Immortal/X As of this writing, SOL is valued at $153.45, which suggests an upside potential of nearly 110% if the altcoin achieves analysts’ targets. Inmortal also predicts that three memecoins will rally together with…
It has been reported that some of the funds stolen from cryptocurrency exchange Poloniex have been moved for the first time. Six months later, in November 2023, one of the accounts confirmed to have been sent exploit procedures transferred $3.5 million to a cryptocurrency mixer. Stolen funds transferred for the first time On Monday night, one of the addresses labeled as holding the stolen assets transferred the funds to the U.S.-banned Tornado Cash. This transfer is the first since the cryptocurrency heist, in which hackers moved part of the money for money laundering. According to a report by Wu Blockchain,…
May 7, 2024 Los Angeles, USA, Chainwire Global brands and talent can use Ethernity’s technology to store their IP on chain and engage with fans through next-generation content and experiences. Ethernity, the renowned platform for authenticated and licensed NFTs with icons such as Lionel Messi and Shaquille O’Neal, announces a breakthrough into its pioneering layer 2 solution on the Ethereum blockchain. This evolution is poised to transform the web3 entertainment landscape by directly addressing the challenges faced by major brands like Amazon, Marvel, and Warner Brothers as they embrace blockchain technology. Ethernity’s interactions with global entertainment brands revealed significant barriers…
In an effort to showcase the potential of embedded blockchain technology as well as introduce Ethereum to the world (even without light nodes), we are excited to announce the launch of “erπ” Ethereum. On-Raspberry Pi Program. As part of our program, we are providing our global community with a complete kit to deploy a full Ethereum node on the internet. The kit includes a Raspberry Pi (version 2) preloaded with all the software needed to run an Ethereum Frontier node, a power connector, and an SD card. The only things the applicant must provide are power and internet. Before you…
After the launch of the Miden Alpha Testnet, Polygon said users will be able to generate evidence for state transitions locally. Sandeep Nailwal, co-founder of Polygon Layer-2 blockchain, shared his vision for the recently launched Miden Alpha Testnet. According to Polygon, the Miden Alpha Testnet is a zk-sovereign chain designed specifically for developers. Goals of Polygon MidenVM Nailwal describes the platform as an alternative virtual machine (VM) similar to SolanaVM or MoveVM that implements several pioneering paradigms. The co-founders say that MidenVM’s goal is to allow high throughput and low latency applications such as Order Book DEX and persistent swaps.…
Funding • May 7, 2024 3:49 PM EDT Posted 1 minute ago In ~ Grayscale’s spot Bitcoin ETF ended its 78th consecutive day of outflows after recording two consecutive days of net inflows.Bloomberg ETF analyst James Seyffart told The Block that he’s not sure what’s causing the fluctuations, but there could be a few different explanations.“It could be a short-term tactical trade, or it could be some kind of pairs trading, where the fees are much less relevant over a short period of time,” he said.Last January, Grayscale launched an ETF that converted its flagship GBTC fund into a physical…