Yesterday, Ethereum had another bug in one of the consensus clients, called Nimbus, which made them lose sync to the head of the chain. Consensus breaking bugs occur quite often. The last big one was a Prysm bug 2 months ago. Nimbus recent incident meant, that everyone using Nimbus could not attest anymore and the node runners lost some income. But for the network it wasn’t really a big issue. Thanks to client diversity, the network did not really struggle in any meaningful way. What is more interesting though is that such an incident can give us insights in how many people use a certain client. Before the incident, attestation participation was at around 99.8% after the incident, the attestation participation dropped to 94.5% within 4 epochs (~25 minutes). Or in other words, it looks like that around 5% of all validators are exclusively using nimbus as the consensus client. This fits very well with the numbers on clientdiversity.org, which has nimbus usage at 4.58%. It is great to see that these estimations on clientdiversity.org are pretty accurate as they are used in discussions about client diversity.
One metaphor for Ethereum is BitTorrent, and how that p2p network combines decentralization and mass scale. Ethereum’s goal is to do the same thing but with consensus.
The New York Stock Exchange is building a venue using blockchain technology to allow for trading tokenized stocks and exchange-traded funds around the clock.
The Government of Bermuda said it plans to transform the island into a “fully onchain” national economy, partnering with Coinbase and Circle to deploy digital asset infrastructure across government, businesses, and consumers.
I agree with maybe 60% of this, but one bit that is particularly important to highlight is the explicit separation between what the poster calls “the open web” (really, the corposlop web), and “the sovereign web”.
In 2014, there was a vision: you can have permissionless, decentralized applications that could support finance, social media, ride sharing, governing organizations, crowdfunding, potentially create an entire alternative web, all on the backs of a suite of technologies.
Hi, I’m interested about crypto for quite long time but I have never a chance to obtain my own crypto. Before I obtained my first larger amount of crypto I bought Ledger Nano S Plus few months ago and I think that I regret my decision because I don’t think that I’m planning to hold my crypto on it anymore. Reason is Ledger Recover subscription option in Ledger Live which allow Ledger to hold your secret passphrase for more ‘security’. Obviously is direly dangerous backdoor allowing Ledger to take control over your crypto assets through their software. We never don’t know what’s hiding behind binaries from their website and even if it’s open-source I don’t think that I’m able to compile it easily on my own which should be default way for installing such software. Also if it’s open software why we don’t have any forks of Ledger Live without this shit and it’s not available in any Linux repositories or for mobile version on something else than Google Play? I don’t want to make my funds or device dependent on any company, this is not why I’m buying crypto.
The cryptocurrency landscape witnessed a significant development as Wrapped Bitcoin extended its reach to the Hedera network, marking another milestone in Bitcoin's evolution within decentralized finance ecosystems. This integration represents more than a technical upgrade—it reflects the industry's ongoing effort to unlock Bitcoin's utility beyond traditional holding strategies.
President Donald Trump has pardoned the Founder of Binance, Changpeng Zhao, who pleaded guilty to anti-money-laundering violations and served prison time. The Associated Press reports:
Bitcoin and Ethereum both saw record liquidations as investors reacted to fears over a trade war, which saw many crypto investors move their money to stablecoins or safer assets... Bitcoin fell by more than 10 per cent to below $110,000, before recovering to $113,096 on Saturday morning. The value of Ethereum slumped by 11.2 per cent to $3,878. Other cryptocurrencies, including XRP, Doge and Ada, fell around 19 per cent, 27 per cent, and 25 per cent in the last 24 hours, respectively.
Buying monero in the UK is quite a hassle, none of the exchanges support it, presumably because the government doesn't like people transacting in a currency they can't track. I have a small amount of monero already from mining and i recently purchased another small amount from changenow.io
More community input is needed on possible deployment of temporary rolling DNS checkpoints to defend against Qubic attacks: https://github.com/monero-project/monero/issues/10064
A Manhattan jury convicted Tornado Cash co-founder Roman Storm on Wednesday of conspiring to operate an unlicensed money-transfer business, though jurors deadlocked on charges of money laundering conspiracy and sanctions violations after three days of deliberation.
U.S. prosecutors and the Commodity Futures Trading Commission (CFTC) have officially closed their investigations into Polymarket, the decentralized, blockchain-powered prediction market platform where users bet with real cryptocurrency on the outcomes of future events.
All NFTs involve upfront gas fees, but OutfinityGift takes a different approach. It locks tokens called Points when creating an NFT, and if it doesn't sell, the Points can be reclaimed.
Legislation was introduced in the Texas House of Representatives on Thursday to establish a strategic bitcoin reserve, which could serve as a proving ground for the U.S. Treasury. The proposed bill would enable the state to start building a strategic bitcoin reserve by accepting taxes, fees and donations in bitcoin that would be held for a minimum of five years, Republican state Rep. Giovanni Capriglione announced on an X Spaces event Thursday.
The FBI created a cryptocurrency as part of an investigation into price manipulation in crypto markets, the government revealed on Wednesday. From a report:
In March an executive order directed America's treasury secretary to create two stockpiles of crypto assets (to accompany already-existing "strategic reserves" of gold and foreign currencies). And the Washington Post notes these new stockpiles would include "cryptocurrency seized by federal agencies in criminal or civil proceedings." But how big would America's "Strategic Bitcoin Reserve" be — and what other cryptocurrencies would the U.S. government hold in its "Digital Asset Stockpile"?
Former SEC Chair Gary Gensler is facing fresh scrutiny over his stance on crypto, after Patrick McHenry revealed that Gensler privately acknowledged the value of digital assets.
I'm new to this.I want to buy some crypto and store it on my phone or laptop. I'm buying crypto for online purchases and donations and not looking forward to trading. Which sites would you suggest for me to buy from and which wallets would you suggest?
Zashi is turning one today—and we’re celebrating with something big. Zashi 2.0 is a complete redesign of the app, built around everything we’ve learned from you over the past year. While Zashi 2.0…
I've been having to dig into some crypto savings and paying by converting to fiat. I've got a subscription that can be paid with crypto (which I've never done) and was gonna send from Ledger to a hot wallet to pay but I suppose I could just send it directly from Ledger yeah?
Bitcoin mines—massive computing clusters generating cryptocurrency tokens—consume vast amounts of electricity. The amount of fine particle (PM2.5) air pollution created because of their electricity consumption and its effect on environmental health is pending. In this study, we located the 34 largest mines in the United States in 2022, identified the electricity-generating plants that responded to them, and pinpointed communities most harmed by Bitcoin mine-attributable air pollution. From mid-2022 to mid-2023, the 34 mines consumed 32.3 terawatt-hours of electricity—33% more than Los Angeles—85% of which came from fossil fuels. We estimated that 1.9 million Americans were exposed to ≥0.1 μg/m3 of additional PM2.5 pollution from Bitcoin mines, often hundreds of miles away from the communities they affected. Americans living in four regions—including New York City and near Houston—were exposed to the highest Bitcoin mine-attributable PM2.5 concentrations (≥0.5 μg/m3) with the greatest health risks.
I'm not a crypto guy but the ceo says, "Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss"
The US Department of Justice (DOJ) has been authorized to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace, a haul currently valued at around $6.5 billion, DB News reported Wednesday. The decision is set to end a years-long legal dispute over the BTC stash's ownership. On December 30, a federal judge ruled in favor of the DOJ's request to liquidate the crypto assets, the report said. Battle Born Investments, which had asserted a claim to the Bitcoin stash through a bankruptcy estate, ultimately failed in its bid to delay the sale.
I tried this last time and it didn't work and I went to support and got scammed on telegram. Lesson learned, but I still have like $50 worth of render I'd like to switch over to the Sol render so I can actually sell it and get out of this shit coin. Please, what do I do? Will any solana wallet work to receive it? Wtf is a wormhole? I hate projects like this that can't just keep things the way they are and instead fuck everyone with their shit "upgrades"
I want to invest in some crypto, I know that this requieres ID verification usually. Is https://www.kraken.com/ a good website for investing? Because I don't really want to send my ID to some dudes on the internet. Thank you
I know crypto.com charges it as a cash advance and so does Kraken. Are their any options that don't? I called the CC company and they said its up to the exchange how they "label the charge"
I think the gold standard of account creation is the mullvad experience, you create an account id, and your good to go. I haven't found such frictionless service in the game hosting domain.
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