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A US judge issued a warning of possible sanctions against attorneys from the SEC, accusing them of making "false and misleading" arguments to freeze the assets of a cryptocurrency firm Debt Box. The judge stated that SEC's misrepresentations caused "irreparable harm" and undermined the integrity of the case. This came after Debt Box proved it hadn't moved funds abroad.
The Starknet Foundation has addressed rumors about an upcoming airdrop following the leak of two screenshots revealing early draft plans. The foundation confirmed that the eligibility cutoff date for the airdrop is already set and further actions will not affect users’ eligibility for the airdrop. As previously announced, the airdrop is part of a community reward linked to the issuance of 10 billion STRK tokens.
Paradigm and crypto data companies partnered up to launch the Advent of Crypto Data Calendar. Throughout Advent, each participating company will roll out a new launch or feature on one of these days. Information about each day's featured project can be found on the calendar, including links to the announcement and company info.
The Frax Core Team is developing a trustless leveraging primitive called BAMM, a Borrow AMM. The system allows users to leverage any token, without requiring oracles. The tool enables borrowing from an LP pool securely and caters to multiple parts of The DeFi Trinity. It works by maintaining its solvency and not accruing bad debt. BAMM is launching exclusively on Fraxchain in early 2024.
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This article analyzes the need for Enshrined Proposer-Builder Separation in the Ethereum network to combat centralization issues. It also explores various design proposals for implementing ePBS, including the Two-slot PBS, Payload-timeliness Committee, and protocol-enforced proposer commitments approaches. Also discussed are future proposed changes to Ethereum that ePBS needs to account for, along with general challenges and concerns for the design.
This thread provides a comprehensive guide on how to efficiently use DEX swaps for the best returns. It recommends using a DEX aggregator like 1inch or DefiLlama and recommends measures against MEV such as using a Flashbots RPC. The author also stresses the importance of finding the best pools and utilizing services like Gashawk to save on transaction fees. There are ancillary benefits to consider like using DEX aggregators that have airdrops on the horizon.
This thread discusses the inherent differences and issues in Ethereum and Solana's tech and economic models. It mentions Solana's focus on better scaling by shifting costs onto dapp teams rather than users, contrasting with Ethereum's user-centered cost model. The thread also touches on decentralization, security concerns, and the implications of Solana's smart contract model. It concludes by questioning both networks' efficacy in maintaining autonomy and resisting censorship.
This blog lays out a thesis for Celestia, a new blockchain scaling technology, promising enhanced performance via modular blockchains. Its utility token, TIA, serves multiple purposes including Proof of Stake and gas payment, driving security, and rollup creation. The model is expected to provide hundreds of rollups using Celestia, forming a scalable ecosystem. Finally, Celestia has the potential to become a leading force in data availability, which may put pressure on other rollup frameworks including Optimism, Arbitrum, and Polygon.
With the bitcoin ETF approval windows coming up and anticipation around those approvals mounting, this article lays out some of the key dates you should be looking out for over the next several weeks.
This thread provides an example of a company, EZKL, integrating Icicle GPU acceleration into their ZKML system to increase efficiency. It achieved a 98% reduction in MSM times and 35% in total proof time.
This blog focuses on improving understanding of finality in rollups, emphasizing the strongest confirmation rule against double-spend attacks, and addressing complexities in rollup confirmation rules.
In a recent interview, Coinbase CEO Brian Armstrong confirmed that the company had no plans to launch a token for its L2 network Base, focusing instead on its integration and growth with a variety of protocols.