Ethereum (ETH) creator Vitalik Buterin said that starting next year, he will only publicly mention Layer 2 projects that he believes are moving toward optimal decentralization. Buterin, who has 5.4 million followers on social media platform X, said he plans to publicly name only L2s, “phase 1” and above, by 2025, referencing a previous blog post detailing the different stages of decentralization. In a November 2022 blog post titled “Proposed Milestones for Rolling Out the Training Wheels,” Buterin said L2 is either at Stage 0, Stage 1, or Stage 2 in terms of decentralization. Buterin said “phase 1” means that…
Author: Crypto Flexs
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Former FTX CEO Sam Bankman-Fried has filed an appeal and requested a retrial.Attorneys representing Bankman-Fried have criticized New York District Judge Louis Kaplan’s handling of the case, saying the former executive should not have been blocked from producing certain evidence.“He was presumed guilty before he was indicted. He was presumed guilty by the media. He was presumed guilty by the FTX Debtors Estate and its attorneys,” Bankman-Fried’s attorneys wrote in the 102-page appeal. “He was presumed guilty by federal prosecutors desperate for a quick headline. And he was presumed guilty by the judge who presided over his trial.”The appeal was…
contributor Posted: September 14, 2024 AAVE has formed a bearish divergence pattern, which could signal a temporary slowdown in the impressive rally. On-chain data revealed dynamic changes in trading flow that foreshadow a bear market. Aave (AAVE) has been one of the few cryptocurrencies that has managed to avoid the bear market situation over the past few weeks. However, what goes up must go down, and AAVE’s rally may be over, at least for now. AAVE has been in a downtrend in the second half of this week. It has extended its downtrend over the past 24 hours. Second biggest…
Purging is well known Software testing techniques are particularly useful for testing. Smart contracts. Traditionally, fuzzing has primarily involved testers understanding: Black box purging or more advanced, Attribute-based fuzzing. But a new and innovative approach is Manually guided purgingIt fills the gap left by existing fuzzing techniques by providing improved efficiency and effectiveness. This article explores how guided fuzzing differs from black box fuzzing, attribute-based fuzzing, differential fuzzing, and other techniques. Basic understanding: Stateful vs. Stateless, Black Box vs. Gray Box vs. Gray Box White Box Fuzzing Purging techniques can be classified based on their status and the level of…
Over the past five days, the Bitcoin (BTC) price has bounced nicely from its recent low of $52,500, and technical charts suggest that this trend could extend to the $62,000-$65,000 range. Similar to last week’s price action, on higher time frames Bitcoin is still making lower highs each week, with each sell-off solidifying the previous support level as resistance. Futures liquidation-driven sell-offs continue to make lower lows with relatively deep wicks, and while it may sound unpleasant, Bitcoin price is structurally in an orderly downtrend. The preferred path for a market reversal on a weekly basis would be for the…
Nillion, a “blind computing” platform, is integrating with Layer 1. near +1.47% Protocol, the second one The network has been launched in recent weeks. This integration provides developers with tools to enhance data privacy and storage while designing applications.“This collaboration is about expanding what’s possible at NEAR and empowering developers to create solutions that are not only powerful but also privacy-preserving,” Nillion CEO Alex Page said in a statement.Nillion is a decentralized network built for general data computation and processing to help blockchain (and other) applications scale. In short, the privacy tools allow developers to move computational work off-chain, which…
The U.S. Securities and Exchange Commission has expanded its lawsuit against cryptocurrency exchange Binance, broadening the scope of its claims.The SEC’s updated legal filing now lists additional tokens as securities, including Axie Infinity’s Axie Infinity Shards (AXS), Filecoin (FIL), Cosmos’ ATOM (ATOM), The Sandbox’s SAND (SAND), and Decentraland’s MANA (MANA). These developments follow a continued pattern of efforts by the SEC to regulate the cryptocurrency industry and classify digital assets as securities. relevant: US Diplomat Presses for Release of Binance Executive Detained in NigeriaExpand the claimIn this latest update to the SEC v. Binance lawsuit, the regulator accuses Binance and…
In the world of cryptocurrencies, where innovation and humor meet, two Mimecoins have captured the attention of investors and enthusiasts: Floki (FLOKI) and Good Egg (GEGG). Floki (FLOKI) has already made a name for itself as a fan favorite in the meme coin space, but GoodEgg (GEGG) is quickly rising up the ranks by developing a groundbreaking AI-based dating platform that leverages crypto. These two coins are now gaining attention as potential meme coin giants, each with their own unique strengths and appeal to different segments of the crypto community. Floki’s Rise (FLOKI) Inspired by Elon Musk’s Shiba Inu, Floki…
Bitcoin (BTC) analysts are expecting a breakout in the coming weeks, but market sentiment and historical data threaten a bigger downside in September.Bitcoin Nears Breakthrough: AnalystAccording to cryptocurrency analyst Mikybull Crypto, Bitcoin price may be signaling a rally based on a bullish divergence forming on the daily chart.The analyst wrote in a September 13 post to X:”Bitcoin is out of range and nearing its breaking point.”Bitcoin/USD, 1-day chart, bullish divergence. Source: Mikybull CryptoA bullish divergence is a technical formation that traders use to identify market momentum strengthening following a lower low. This indicator is associated with price reversals in a…
STRK holders have approved the staking proposal. The staking feature aims to increase the security and efficiency of Starknet. The new STRK casting curve was also passed as proposed. The Starknet community has completed its first mainnet vote and approved a proposal to implement STRK staking. The Ethereum Layer 2 network introduced the STRK staking idea on August 20, saying it would enhance the network’s security, decentralization, and efficiency, and encourage participation in a “democratically governed ecosystem.” Voting on the proposal began on September 10. STRK holders ratify staking proposal On Friday, a majority of STRK token holders approved the…