Co-founder of the Ethereum cryptocurrency project Vitalik Buterin has issued a warning regarding the use of deepfakes, or movies produced with artificial intelligence (AI) that attempt to impersonate people, to influence people to transact money. Buterin claims that the problem is not just cryptographical and that it is possible to solve it by asking friends … Read more
Ethereum’s daily price swings, which have ranged from $2,309 to $2,541, at $2,485, demonstrate the market’s volatility and dynamic nature. Ethereum has a market valuation of over $299.25 billion at the moment, and over the past day, $6.91 billion worth of trades have taken place globally. After reaching a top in the $2,541 range, bulls … Read more
Since the August 2021 London upgrade, Ethereum has lost a sizable portion of its supply. Since the implementation of EIP-1559, which altered the way fees are determined, more over 4 million ether (3.2%) have been withdrawn off the network, according to ultrasound.money, a portal that keeps track of various information related to the ETH burn. … Read more
The Dencun upgrade for the Ethereum network is scheduled to be released soon. Its goal is to greatly improve data storage and transaction efficiency by implementing EIP-4844, or “Proto-Danksharding.” On March 13, Ethereum will undergo a significant upgrade with the launch of Dencun. The highly awaited Dencun update is set to activate in slot 8626176 … Read more
The “Type-1 prover,” Polygon Labs’ most recent invention, has been released. This update may usher in a new age for chains compatible with the Ethereum Virtual Machine, allowing zero-knowledge proofs to be generated and guaranteeing a sharp decline in transaction costs. ‘Type-1’Proverby Polygon to Strengthen Ethereum’s Ecosystem First released is the Type-1 zkevm prover update from … Read more