buterin
* Ethereum founder Vitalik Buterin supports privacy tools after Tornado Cash developer sentenced for money laundering. * Dutch court finds Alexey Pertsev guilty of laundering $1.2 billion using Tornado Cash. * Regulatory scrutiny on crypto mixers like Tornado Cash due to use by criminal groups. * Department of the Treasury bans Americans from
consensys
ConsenSys, an Ethereum developer, has filed a preemptive lawsuit against the U.S. Securities and Exchange Commission (SEC) in an attempt to determine the regulatory status of Ethereum. The lawsuit asks a federal court in Texas to block the SEC from investigating ConsenSys or declaring Ethereum a security. This move
aksnetwork
TON (SCENEToncoin), the native cryptocurrency of The Open Network (TON), has experienced a significant price increase of nearly 13% in the past 24 hours, making it the second-largest coin in the top 100 cryptocurrencies by market cap. This surge in price came after the announcement that the anticipated token NOT
blockchains
Heroglyphs is a new protocol developed by OGs like 0xMaki, the anon co-founder of Sushiswap, that aims to address the centralization issue faced by Ethereum and other major blockchains. While Ethereum's shift to Proof of Stake brought improvements, it also raised concerns about consolidation of validation power and
base
Coinbase is preparing for a future where billions of customers can safely use decentralized applications on millions of blockchains. They are integrating the Ethereum Virtual Machine (EVM) and Circle's USD Coin (USDC) into their system. Coinbase's head of tokenization, Anthony Bassili, spoke at TokenizeThis 2024 in
arbitrum
Trillion-dollar asset manager Franklin Templeton has suggested that the "Base Season" has arrived with the rise of Social Finance (SocialFi) apps, with Base leading other Ethereum layer 2s in the vertical. According to Franklin Templeton, about 46% of transactions related to SocialFi are on Base, which has been
allegations
Neel Somani, CEO of Eclipse, has announced that he will be stepping back from his role in the Layer 2 project following allegations of sexual harassment against him. Somani denied any misconduct and stated that the role reduction is temporary. The announcement came after allegations of sexual misconduct by the
alpha
Polygon, an Ethereum layer-2 developer, has launched an alpha version testnet of its new zero-knowledge rollup (ZK-rollup) solution called Miden. Miden is designed to enhance the capabilities of the Ethereum blockchain by using cryptography to verify data without revealing its contents to the network. It also allows users to generate
burn
The Ethereum network has experienced a significant decrease in the daily amount of ETH burned, reaching its lowest level this year. This decline is primarily attributed to a drop in average gas fees, which currently hover between 5 and 10 gwei, marking one of the lowest levels seen throughout the