Vitalik Buterin reveals a new Ethereum roadmap to boost Layer 2 security and finality

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Vitalik Buterin, co-founder of Ethereum, has unveiled a new roadmap aimed at enhancing the security and efficiency of Layer 2 (L2) solutions. This plan emphasizes scalability while maintaining Ethereum’s core principles of decentralization and trustlessness. A significant aspect of the roadmap is the introduction of a “2-of-3” proof model. This model utilizes three types of provers: optimistic, zero-knowledge (ZK), and trusted execution environments (TEE). A transaction is deemed final when

Pi Network is now available in Telegram’s crypto wallet

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Pi Network has recently integrated into Telegram’s crypto wallet, which opens up access to over 1 billion monthly users. This integration allows Telegram users to buy PI tokens directly within the app, presenting a significant opportunity for Pi Network to expand in the cryptocurrency market. Telegram CEO Pavel Durov announced this development, highlighting the potential for growth in visibility and user engagement. However, Pi Network still faces significant challenges. It

Wirex launches Wirex Travel

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Wirex has introduced a new service called Wirex Travel, which offers significant discounts on hotel bookings and cashback rewards. Users can save up to 65% on hotel stays and receive 8% cashback when they pay with a Wirex card. This launch directly competes with Travala, a well-established platform in the crypto travel market backed by Binance. Wirex is known for its Web3 money app and is now expanding into the

Celo officially moves from a standalone Layer-1 to an Ethereum Layer-2

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Celo has transitioned from a standalone Layer-1 blockchain to an Ethereum Layer-2 network using Optimism’s OP Stack. This change, finalized after 20 months of testing, enhances speed, security, and developer access while maintaining low transaction costs. The migration began at block height 31,056,500, with validators pausing block production to initiate the switch. Celo L2 went live shortly after, resuming block production in under two hours. The move was proposed by

Google Cloud is now an official validator for Injective

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Google Cloud has become an official validator for Injective, a decentralized finance (DeFi) blockchain. This announcement was made on Wednesday. By joining Injective, Google Cloud will work alongside other validators like Deutsche Telekom MMS. Their role is to secure the Injective network, validate transactions, and support decentralization. Google Cloud brings advanced infrastructure and expertise to Injective. This partnership will improve security and transaction validation for the network. Injective is now

Decentralized social media Farcaster launches its mainnet

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Farcaster has introduced a new protocol called Snapchain, which is similar to blockchain technology. This announcement came alongside the launch of their “Airdrop Offers” program. This program rewards users for actively engaging with the decentralized social media platform. Co-founder Varun Srinivasan revealed that Snapchain can process over 10,000 transactions per second. The development of Snapchain took only six months, moving quickly from concept to a functioning product. This new system

Fidelity launches an Ethereum-based share class called “OnChain”

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Fidelity Investments is introducing a new share class called ‘OnChain’ for its Treasury money market fund. This initiative is based on the Ethereum blockchain and was announced in a recent filing with the U.S. Securities and Exchange Commission (SEC). Fidelity, which manages about $5.9 trillion in assets, will issue shares of its Fidelity Treasury Digital Fund (FYHXX) that will be recorded on the Ethereum blockchain. The OnChain share class aims

Coinbase introduces Verified Pools

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Coinbase has launched Verified Pools, a new service aimed at institutional traders. This service provides a secure and efficient on-chain liquidity solution. Verified Pools offer high liquidity while ensuring strict identity verification, including KYC and sanctions screening. This compliance is crucial for addressing common concerns of institutional investors, such as counterparty risk and regulatory issues. Unlike traditional liquidity pools, which may lack security for large investors, Coinbase’s Verified Pools require

Cardano Foundation partners with Brazil’s SERPRO

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The Cardano Foundation is teaming up with Brazil’s state-owned IT company, SERPRO, to introduce blockchain technology into the country’s public sector. This partnership aims to modernize Brazil’s digital infrastructure. SERPRO handles 90% of Brazil’s federal public administration and processes around 33 billion transactions each year. This collaboration is a big step towards improving digital governance and promoting blockchain use in government. Brazil is recognized for its digital governance, ranking second

Orderly Integrates Monad, the EVM Layer 1 blockchain

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Orderly has integrated its omnichain liquidity infrastructure with Monad, a high-performance EVM Layer 1 blockchain. This integration allows projects within the Monad ecosystem, such as decentralized exchanges, to access deep liquidity easily. Developers can utilize a unified order book that connects cross-chain liquidity and a sophisticated SDK provided by Orderly. Orderly’s architecture is supported by over 20 expert market makers, including Wintermute, Selini, and Riverside. This support leads to narrower

Polkadot Launches JAM Course to Train Web3 Developers

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Polkadot Blockchain Academy has launched the JAM Course, aimed at educating talented developers about Polkadot‘s new architecture. This course is a follow-up to the PBA Campus and JAM Tour, focusing specifically on the Join-Accumulate Machine (JAM) technology created by Dr. Gavin Wood. The JAM Course is designed for experienced Web3 developers who want to learn about cutting-edge blockchain innovations. It includes detailed lessons, hands-on workshops, and opportunities for discussion and

Arweave launches the mainnet of its computing platform

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Arweave has launched the mainnet of its computing platform, AO, after a year of testing. This launch allows the native tokens, previously given to AR holders and testnet users, to be transferred. AO is described as a “hyperparallel computer,” which means it can process tasks simultaneously in a distributed computing environment. The operations of AO rely on Arweave’s permanent data storage, ensuring that data remains unchanged and always accessible. Sam