Tech
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.
Live markets: Bitcoin claws back some of the losses after Micron beats earnings
Battered crypto sector gets some relief after Micron beats earnings, bringing back some risk appetite to the market.
Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the total number of senior Ethereum Foundation figures to leave since January to nine, underscoring the scale of the organization's ongoing turmoil.
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Live markets: Bitcoin gives up morning gains as Nasdaq sheds more than 1%
Eased ETF selling and improving risk appetite are being offset by a firmer dollar and cautious institutional flows, leaving bitcoin range-bound, one analyst said.
Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why
A helpful feature of speeding up transactions has become redundant and a "fingerprint" for tracking. Developers now want to do away with it.
Ethereum validators asked to fund projects with up to 10% of staking rewards under new proposal
A new governance proposal would let validators redirect part of their staking income toward ecosystem funding, raising questions about coordination, incentives and who gets to decide where the money goes.
Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit
Blockaid said an attacker tricked Jaredfromsubway.eth into approving fake trading routes, then used those approvals to drain WETH, USDC and USDT.
AI is making crypto security cheaper, faster and harder to ignore
As AI-powered security tools become cheaper, faster and more widely available, researchers said they could reshape what the crypto industry considers reasonable due diligence before deploying code, potentially altering expectations for developers and institutions.
