Sponsored
2024, HAPPENING THIS OCTOBER IN LONDON
Meridian is the Stellar Development Foundation's annual conference — and this year's London event [4] is a must-attend for anyone in the blockchain space.
Parse notes
Sponsored
Meridian is the Stellar Development Foundation's annual conference — and this year's London event [4] is a must-attend for anyone in the blockchain space.
Kamala Harris' (~52%) odds of winning the U.S. presidential election now exceed Donald Trump's (~46%) on Polymarket, with the prediction market currently valued at ~$572M. This shift also follows Harris' recent shift towards a more pro-crypto stance and Trump's continued support for Bitcoin.
Venezuela has blocked access to Binance and X amid a presidential election dispute. Binance has reassured its users that their funds remain safe. The government, which is facing internal unrest and international scrutiny over the election results, is also looking to block other online services and platforms like Signal (encrypted messaging).
Optimism has announced its vision for native interoperability across the Superchain-connected L2s, allowing users and assets to move seamlessly across the Superchain. There will be a cross-chain message passing protocol, a universal token standard, and a shared proof system for shared security. Beyond the Superchain, ERC-7683 will allow for interoperability with other L2s via the app layer. Interoperability will be live on the mainnet next year.
The deBridge Foundation has been launched to support the growth of DeFi's internet of liquidity, with DBR token holders guiding its future. Its first initiative is the DBR checker, which allows community members to preview their DBR token allocation based on Season 1 activity. There are detailed distribution plans for the DBR token (which has a total supply of 10B, an initial circulating supply of 1.8 billion, and a structured vesting period over three years) focused on community incentives.
Fully Homomorphic Encryption (FHE) enables computations on encrypted data without needing to decrypt it, making it highly secure but traditionally slow for practical use. Despite these challenges, advancements in FHE schemes such as BGV, BFV, CKKS, and CGGI — each tailored to different types of arithmetic — are pushing the boundaries of its usability, with innovations in hardware acceleration, scheme-switching, and bootstrapping making FHE more feasible for real-world applications.
The post discusses the development of prediction markets within crypto, particularly focusing on the generalized and sports focused platforms. It highlights the emergence of permissionless markets and AI-driven resolution mechanisms as popular trends among new platforms, while also acknowledging the difficulties of converting users from traditional betting platforms to crypto platforms.
The Canto blockchain experienced a two-day outage because of a consensus issue, halting all transactions since Saturday and leading to a 21% decrease in its token price.
Paradigm recently polled registered Democrats, finding that there's been a strong shift within the party towards crypto. Embracing crypto could be crucial for VP Harris's campaign to regain support from some Democrats who are currently leaning towards Trump because of perceived hostility towards crypto by the Biden Administration. The poll reveals strong interest from Democrats in maintaining financial privacy and power.
The current crypto cycle does not have the technological innovation seen in previous cycles that encouraged new waves of adoption.
EigenLayer is allowing AVSs to reward restakers and node operators. EigenDA will be the first protocol to distribute rewards.
Due to the reduced cost of data availability (DA) from providers like Celestia and EigenDA, custom gas tokens for rollups now present unique opportunities.
Polymarket has partnered with Perplexity AI to offer news summaries and real-time probability predictions, enhancing the functionality of its prediction markets.