Tag: Devs

EIGEN Riches Tempt Ethereum Devs, Even as ETF Approval Nears

MEV SNIPING! It’s not clear exactly what started it all, but top Ethereum developers locked horns on the social-media platform X, in an intense and almost uncomfortable-to-observe debate touching on the practice of maximal extractable value, or MEV – essentially, the use of sophisticated trading bots to frontrun user transactions at the point of execution. On May 16, Ethereum core developer Péter Szilágyi tweeted about his despair over the lack of progress in pushing to solve some of the blockchain’s most vexing issues. “Voila, the banking system recreated,” he wrote.…

Kiyosaki’s Crash Survival Rules, Snowden Warns Bitcoin Devs, and More — Week in Review

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Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver. Edward Snowden has issued a stern warning to Bitcoin developers, urging them to enhance privacy features at the protocol level. In Kenya, President William Ruto has enlisted Marathon Digital, a U.S.-based Bitcoin mining firm, to consult […] Original

Zircuit Launches ‘Build to Earn’ Program With Rewards for Devs

March 28: Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, launched its Build to Earn program on Wednesday to incentivize builders, founders and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $700 million staked. According to the team: “Developers and ecosystem contributors who participate in the program stand to receive rewards for approved contributions.” Source

ONI token’s price crash and dev’s silence sparks fears of potential rug pull by Anonify devs

ONI, the utility token of Anonify, has experienced a dramatic decline, dropping over 90% in the past few weeks, contrasting sharply with the cryptocurrency markets, which have seen a notable increase in prices recently, with Bitcoin reaching new highs. The token, which saw a surge in demand following its launch on Feb. 20, achieved an all-time high of $1.18 on Feb. 28, only to fall to $0.01974 by March 13. This sharp decline has sparked discussions regarding the possibility of the project being a potential rug pull. Source: ONI Price-CoinMarketCap…

Time to End Craig Wright’s Harassment Campaign Against Bitcoin Devs

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COPA is committed to seeing this litigation through the end. COPA’s members, including Coinbase, understand that those of us with the resources to take on these fundamental fights must never hesitate. In these final days before trial, we are grateful for the court’s careful attention to our case, and its scrutiny of the evidence (or, in Wright’s case, “evidence”) the parties have put forth. Original

Ethereum devs eye January for Dencun testing

Ethereum Foundation Developers set tentative dates for a major upgrade to scale crypto’s biggest altcoin blockchain.  During a biweekly call, developers disclosed that Jan. 17 is a possible date for testing the Dencun upgrade on Goerli’s testnet. Dencun was delayed past Q4 2023 due to technical difficulties building its code. The upgrade, known as EIP-4844,  aims to increase blockchain space for data blobs and slash layer-2 rollup fees by activating proto-danksharding. This data storage expansion should scale Ethereum’s blockchain, enabling more transaction capacity without hiking gas fees. Barring any disruption…

Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev

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Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer. Bitcoin core developer and security researcher Antoine Riard, made headlines last month after leaving the Lightning ecosystem over concerns about a new attack vector called “replacement cycling,” which exploiters could potentially use to steal funds by targeting payment channels. How does a lightning replacement cycling attack work? There’s a lot of discussion about this newly discovered vulnerability on the mailing lists, but the actual…

Blockchain devs expect complications from EU smart contract kill switch

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The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.” In a Nov. 9 press release, the parliament announced that the legislation was passed with 481 votes in favor and 31 against. The next step for it to become law is to gain the approval of the European Council. In its current form, the Data Act stipulates…

15 crypto leaders’ tips for devs moving from Web2 to Web3

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Professionals navigating the tech industry have seen more than their share of ups and downs recently. The employment environment has swung from talent shortages, with companies of all sizes scrambling to land and keep tech talent, to rounds of layoffs at industry giants like Amazon, Google and Microsoft. Forward-looking developers may well decide it’s time to stop focusing on Web2 companies and products and start learning the ins and outs of the burgeoning Web3 world. While crypto companies are eager to welcome the next generation of Web3 devs, the process…