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Ethereum co-founder Vitalik Buterin announced the latest roadmap phase, “The Verge.” This proposes a breakthrough shift in blockchain technology that would enable transaction verification on previously unimaginable devices as small as smartwatches.In a detailed blog post on Oct. 23, Buterin explained that The Verge combines two key innovations: stateless clients and cryptographic SNARKs (Succinct Non-interactive Arguments of Knowledge).stateless clientThe stateless client is designed to act as a complete validation node without requiring extensive hardware and requires only a few gigabytes of storage. This approach is in contrast to the current Ethereum blockchain, which is over 1 TB and is resource-intensive…

Bitcoin (BTC) is showing signs of positive price momentum for the first time since June, as it firmly breaks through the $69,000 price range and is poised to move into a “euphoric bull market.”According to Glassnode’s latest “Week Onchain Newsletter”, the recent rally has seen Bitcoin’s spot price break through key technical and on-chain price levels, with many investors’ positions reverting to unrealized gains and driving market sentiment. It is said that there is a possibility that it will be boosted.The AVIV ratio, a key on-chain metric that assesses unrealized gains and losses for active investors, remains constructive, suggesting profitability…

Ripple CEO Brad Garlinghouse on Wednesday made his most positive comments yet regarding Democratic presidential candidate Kamala Harris, as he sought to uphold the company’s official neutral stance on the 2024 U.S. presidential election. Ta. During an appearance on stage at DC FinTech Week this afternoon, crypto industry executives said Harris’ approach to digital assets is sophisticated, in contrast to the strategy of her election opponent, former President Donald Trump. He seemed to admire what he was seeing. “Obviously, Mr. Trump came out very aggressively early on and said he was the crypto president,” Garlinghouse said. “Kamala and Team Harris…

Circle’s Dante Disparte expects the UK to roll out terms for stablecoins in the coming months. Disparte said Britain’s cautious approach to crypto regulation has put it in a good position after recent market failures. But he said the country risked falling behind other jurisdictions if it did not act quickly. The cryptocurrency industry needs to catch up with regulations in the UK compared to other regions. Disparte said this pace could protect the country from risks such as an FTX collapse in 2022. Although taking a cautious approach, they are calling for stablecoins to be regulated as their role…

Wired reports that Peter Todd has gone into hiding due to a flurry of funding requests and potential threats from people who believe he owns Bitcoin founder Satoshi Nakamoto’s multi-billion dollar fortune. This highlights the real-world danger of such public suspicions. But Todd tweeted that Wired’s claims were “exaggerated” and cited his appearance at this week’s conference as proof of that. A recent documentary by Karen Hoback suggested that Todd may be Nakamoto (something Todd denied). Bitcoin developer Peter Todd, identified as Satoshi Nakamoto, the network’s pseudonymous creator in the much-hyped yet much-maligned HBO documentary Money Electric: The Bitcoin Mystery,…

Ethereum fees have recently soared to over $4. This is the third time that fees have skyrocketed since Ethereum’s upgrade. After the introduction of BLOB with the Dencun upgrade, Ethereum (ETH) fees have been significantly reduced. This upgrade also reduced overall Layer 2 (L2) network costs. However, recent activity has led to an increase in Blob fees, primarily due to the airdrop of new L2 network tokens. Ethereum L2 BLOB fees spike According to data from Dune Analytics, blob fees rose significantly on October 22, reaching over $4. This is the third major spike since the Dencun upgrade. This increase…

Grayscale Trust (LTC), a cryptocurrency investment company, raised more than $1.5 million by issuing new shares to accredited investors, according to its latest filing with the SEC. The trust was operated as a private placement to accredited investors and released 246,100 shares at a variable price depending on the net asset value (NAV) per share. The transaction, which occurred on October 19, 2024, was conducted pursuant to Regulation D, Rule 506(c) and is exempt from the customary registration requirements of the Securities Act. With this issuance, the total number of outstanding shares as of today is 23,026,500 shares. Grayscale Securities,…

As recycling claims come into question, verifiable data is critical for companies to report recycling results. Circular Solutions Advisors (CSA) and Plastiks are combining recycling expertise with innovative blockchain technology to demystify reporting with accurate and transparent results. The companies announced the partnership at the World Recycling Congress in Rome. “Verification of plastic waste collection and recycling is crucial to ensure transparency in sustainability efforts and the adoption of a circular economy through blockchain. This ensures transparency and trust. , greenwashing is prevented,” explained André Vanney Robin, Founder and CEO of Plastiks. Tracking plastic throughout the recycling process is a…

Tesla (TSLA) reported mixed third-quarter results after the bell on Wednesday, but capitalized on higher profits, improved gross margins, and news that Tesla’s low-cost EV is scheduled for production next year. The house rejoiced, and stock prices soared in after-hours trading. CEO Elon Musk also added in an earnings call that Tesla’s sales growth could be 20% to 30% next year. For the quarter, Tesla reported revenue of $25.18 billion, compared to $25.4 billion according to the Bloomberg consensus. This was higher than the $25.05 billion reported in the second quarter and also higher than the $23.4 billion Tesla reported…

FairShake, a political action committee backed by major crypto companies such as Coinbase Global, Ripple Research, and venture capital firm Andreessen Horowitz, has launched an eight-year campaign against anti-crypto senator Sherrod. It has poured nearly $40 million into Ohio since March. brown. As chairman of the Senate Banking Committee, Brown’s vote will be crucial for any additional crypto legislation, and the aggressive campaign FairShake has mounted against him signals the industry’s growing political influence. are. All current political dynamics highlight how finance can change election outcomes, especially in hotly contested Senate races. Cryptocurrency PAC spends millions as Sherrod Brown’s Senate…