Solana Validators to Get More SOL as Fee Proposal Passes in Favor
[May 28 1:11 AM] Over 77% of Solana governance participants voted in favor of giving validators the full priority fee amount per transaction.
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Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Degens
[May 24 7:00 AM] The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money.
Protocol Village: Cysic, ZK Hardware Acceleration Project, Raises $12M
[May 23 11:03 AM] The latest in blockchain tech upgrades, funding announcements and deals. For May 23. NOTE: Protocol Village will be on hiatus May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. We will resume publishing June 3. Hope to see…
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
[May 23 10:00 AM] Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy
[May 23 10:00 AM] Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.
The Protocol: EIGEN Riches Tempt Ethereum Devs, Even as ETF Approval Nears
[May 22 10:41 AM] There's been tension among members of the Ethereum developer community – even though the ETH price is mooning due to growing anticipation that U.S. regulators might give the green light to spot ether ETFs.
Stripchain raises $10M to simplify blockchain user experience
[May 22 8:00 AM] Stripchain’s funding round included investors such as Sora Ventures, Hyperithm, Shima Capital, Mechanism and several crypto angel backers.
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
[May 22 7:00 AM] The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack.
Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN
[May 21 11:05 AM] The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.
Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
[May 21 10:44 AM] Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site.
Ripple publishes math prof’s warning: ‘public-key cryptosystems should be replaced’
[May 19 1:31 PM] Mathematician Massimiliano Sala says current encryption methods won’t protect blockchain systems from quantum computers.
Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future
[May 19 8:39 AM] Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization. The proposed changes focus on tackling issues such as miner extractable value (MEV), hardware…
‘Godfather of AI’ advises UK government to start UBI
[May 18 10:30 AM] Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years.
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Blockchain gaming investments reached nearly $1B in April
[May 17 2:15 PM] The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month.
Is onboarding too hard? Crypto adoption still faces major obstacles
[May 17 7:31 AM] Progress has been made in streamlining the Web3 onboarding process, but the flood of mainstream users has not yet arrived.
Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes
[May 17 7:00 AM] The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes.
Harvard built hacker-proof quantum network in Boston using existing fiber cable
[May 16 1:30 PM] According to the scientists, the 22-mile distance between nodes is the longest quantum fiber network to date.
How 2 Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M
[May 16 10:48 AM] First there was "The Bait." Then there was "Unblinding the block," followed by "The Search," and ultimately "The Propagation." U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment.
‘We’re just scratching the surface’ of crypto and AI — Microsoft exec
[May 16 7:42 AM] The symbiotic relationship between AI and crypto is still in its nascent stages, according to tech execs.
Protocol Village: Lita Releases 'Valida ZkEVM,' Claims Speed, Efficiency Advantages
[May 16 7:00 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
The Protocol: Lido Backers vs EigenLayer
[May 15 12:35 PM] In this week's issue, we've got the scoop on a new possible rival to restaking pioneer EigenLayer. PLUS Are meme coins an investable asset class? With the latest Runes data and $70M of project fundraisings.
Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
[May 15 10:56 AM] It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has been slashed. Meanwhile, the post-halving mempool…
Sonne Finance Token Drops 60% After $20M Exploit on Optimism
[May 15 3:11 AM] Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.
Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form
[May 14 4:32 PM] The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in…
Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
[May 14 1:47 PM] After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative.
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
[May 14 9:45 AM] Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers.
'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
[May 14 9:17 AM] A new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called "liquid vesting," lets users sell their tokens before their vesting period is over.
Lightspark CEO David Marcus: Lightning Network Will Become the World’s ‘Interoperability Neutral Settlement Layer’
Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free Speech
[May 10 3:36 PM] Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without…