Vitalik Buterin has shared new research that could reshape how Ethereum approaches proof verification and scaling in the coming years. Summary Vitalik Buterin introduces GKR, a protocol for faster proof aggregation. GKR improves efficiency for Ethereum’s ZK and rollup systems. It marks a step toward Ethereum’s “Lean” and quantum-secure vision for 2025. Vitalik Buterin has
In Sub-Saharan Africa, only 3% of 48 million smallholder farmers are insured. Owning 1 acre of land and earning approximately $1.40 per person per day characterize a smallholder farmer. Smallholder farmers often own a mixture of cash crops and subsistence or non-commercial farming; and, they lack the financial and technological resources of large-scale industrial farms.
Japan is keen on establishing a framework to allow banks to buy and sell cryptocurrencies, including Bitcoin. Summary Japan’s FSA may let banks buy and hold Bitcoin and other cryptocurrencies. New framework would impose strict risk rules on bank crypto holdings. Banks could register as exchanges, expanding retail investor access. The country’s Financial Services Agency
Note: this post was updated on April 4, 2022 to include a full copy of the Client Incentive Program details. A diverse set of clients is key to the Ethereum network’s health and decentralization. Diversity ensures that innovation continues at the base layer of the protocol, that the network is resilient in the face of
Hyperliquid founder Jeff Yan has addressed criticism, suggesting the platform prioritizes protocol revenue over trader interests. Summary Jeff Yan says ADL saved traders millions during October 10 market crash. Hyperliquid passed profits to users instead of maximizing protocol revenue. Founder contrasts DeFi onchain transparency with CEX liquidation secrecy. He also defended the exchange’s auto-deleveraging mechanism
It’s been a little while, and we’ve got some news. 👋 It’s happening! 👋 After being cooped up for the last years, it’s exciting to finally say that Devcon 6 will take place in the first half of Q4-2022 in Bogota, Colombia. We know that Devcon has a special spot in everyone’s heart (ours too!),
The crypto market had a mixed performance last week as Bitcoin and most altcoins retreated, and some, like Bittensor, Ethena, Morpho, and Conflux jumped. Summary One of the top crypto market news stories will be the upcoming US inflation report. Delegations from China and the US will meet in Malaysia to deliberate on trade. A
Since returning from the Amphora merge workshop, client teams have been hard at work implementing the latest versions of merge specifications and testing them on devnets. After four ephemeral devnets, Kintsugi 🍵, a longer-lived public testnet, is now live! Although client development and UX continue to be refined, we encourage the community to start using
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, capturing arbitrage between cryptocurrency spot and perpetual futures markets was reserved for well-capitalized institutional traders. These “basis trades” required massive capital, sophisticated risk systems, and round-the-clock monitoring to profit from
We all have a lot to be thankful for this holiday season, from the first birthday of the beacon chain, to the successful upgrades over the past year and the incredible progress across the entire Ethereum ecosystem. As a highly productive year draws to a close, there are a few final gifts to deliver in
