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Blockchain
Ethereum’s Beacon Chain updated after finality issues
Ethereum core developers rolled out patches for Prysm Labs and Teku clients in response to two Beacon Chain finality issues in 24 hours. The Beacon Chain serves as the consensus layer for the Ethereum network. On May 11, Ethereum…
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Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…
Top Stories This Week
Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange
An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate symbol” co-opted by alt-right…
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MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
MakerDAO, the decentralized autonomous organization (DAO) behind the Dai stablecoin and its related Maker governance token, recently announced a slew of planned updates to its ecosystem, including a heavy focus on artificial intelligence…
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Big breath as Beacon Chain stops finalizing… and then recovers
An unidentified issue on Ethereum’s Beacon Chain led to a halt in transactions for nearly half an hour on May 11. Around 8:15pm on Thursday May 11, a number of Ethereum core developers announced that the Beacon Chain was having issues…
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Milady NFT floor price surges after Elon Musk tweet
On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from 3.8 Ether (ETH) to as high as 7.3 ETH…
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Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to…
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the ecosystem.” The unveiling of the adoption strategy document…
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MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain and issues stablecoin DAI, has announced that it has launched the Spark Protocol, a lending solution for DAI users. Announcing the Spark Protocol…
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Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days – Blockchain…
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by…
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DEUS Finance loses $6M following stablecoin hack
Decentralized Finance (DeFi) protocol DEUS has lost over $6 million due to a security breach on its stablecoin DEI. The hacker exploited a vulnerability in the BNB Smart Chain (BSC) on May 5, according to blockchain security firm…
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Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles – Blockchain Bitcoin News
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday…
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