Author: Yeek.io

Special thanks to Vlad Zamfir and Zack Hess for ongoing research and discussions on proof-of-stake algorithms and their own input into Slasher-like proposals One of the hardest problems in cryptocurrency development is that of devising effective consensus algorithms. Certainly, relatively passable default options exist. At the very least it is possible to rely on a Bitcoin-like proof of work algorithm based on either a randomly-generated circuit approach targeted for specialized-hardware resitance, or failing that simple SHA3, and our existing GHOST optimizations allow for such an algorithm to provide block times of 12 seconds. However, proof of work as a general…

0Sony has rolled out the Soneium Mainnet, an Ethereum Layer 2 blockchain, as part of its growing involvement in Web3 technologies. According to a statement by the company, the initiative, led by Sony Block Solutions Labs, S.BLOX Inc., and SNFT Inc., is designed to provide creators with decentralized tools to boost engagement and revenue opportunities.The Soneium Mainnet addresses key challenges associated with Ethereum, such as high transaction fees and slow processing speeds. It follows the August 2024 release of the testnet, Soneium Minato, which attracted 1,700 applicants and launched 32 projects. Developers can now transition their apps from the test phase to…

The TON Foundation, associated with Telegram Messenger, is planning to expand into the U.S. market, anticipating more favorable regulatory conditions under President-elect Donald Trump. As part of its U.S. expansion strategy, the foundation has appointed Manuel Stotz, founder of Kingsway Capital Partners, as its new president. Stotz will succeed Steve Yun, who will remain on the board, according to Bloomberg.  The Open Network (TON) is a blockchain platform that enables Telegram’s 950 million users to access services such as in-app payments and games, often using its native cryptocurrency, Toncoin. The foundation’s move into the U.S. reflects its belief that the…

Ethena token stabilized after falling sharply in recent days following Spark’s announcement of stablecoin integration. Ethena (ENA) rose to $0.83 on Jan. 14, recovering from this week’s low of $0.7255. Despite the rebound, the token remains 35% below its highest level this year and has formed a risky chart pattern that suggests a potential further retreat. Spark, the 13th-largest player in the decentralized finance, industry by assets, announced it would integrate Ethena’s USDe (USDE) and sUSDe stablecoins into the Spark Liquidity Layer. As part of the integration, Spark Liquidity Layer will allocate stablecoins to Ethena, with plans to increase the…

FARTCOIN’s 64% hike followed a 57% drop, sparking fresh speculation on its momentum Rising Futures Open Interest indicated renewed market confidence in FARTCOIN’s upward movement Solana’s FARTCOIN noted a 64% surge in the last 24 hours. This reversal came to be after it had previously dropped by 57% on the charts. This unexpected rally has sparked speculation about whether the altcoin can maintain its upward momentum or not. As attention shifts to FARTCOIN’s performance, many are questioning what has driven this sudden surge, especially in the face of broader struggles within the Solana-based memecoin space. State of Solana-based memecoins The…

Vertical Compute, a Belgian semiconductor startup focused on optimizing AI chip architecture, has raised €20 million in an all-equity seed round just three months after its launch. Co-founder Sylvain Dubois is a former Google semiconductor strategist while Sebastien Couet served imec, for over ten years as its leader in R&D in the semiconductor field and hopes to bridge memory bottlenecks that restrain the scalability of AI. The funding round was led by imec.xpand, the venture capital arm of R&D hub imec, with participation from French VCs Eurazeo and XAnge, and Swiss investor Vector Gestion. The acquired funds will be used…

VARA’s XRP approval boosts Dubai’s global fintech leadership and cross-border payment capabilities. Analyst predicts XRP’s market cap could reach $500 billion, driving significant growth. Dubai’s Virtual Assets Regulatory Authority (VARA) has approved the use of Ripple [XRP] cryptocurrency. Thus, positioning Dubai as a trailblazer in fintech innovation. This allows XRP to facilitate seamless international money transfers through the emirate. Dubai’s XRP integration Renowned for its efficiency and low-cost transactions, XRP is all set to revolutionize cross-border payments, offering substantial benefits to businesses and individuals. By establishing a robust regulatory framework, Dubai continues to champion the integration of cutting-edge financial technologies. …

Follow Frank on X. While many of you may have heard of bitcoin circular economies like El Salvador’s Bitcoin Beach or South Africa’s Bitcoin Ekasi but haven’t been able to go and spend your sats in such a place, please know that in just a few clicks you can join the world’s biggest bitcoin circular economy: Nostr.Yes, I know that a virtual bitcoin circular economy is different from a physical one, and I tip my hat to all those who are working to establish such economies in the real world, but Nostr is a place where bitcoin is exchanged for…

En Bref Les jetons d’agents IA ont bondi de plus de 40 % suite à l’annonce de leur cotation, ouvrant de nouvelles opportunités de trading Binance propose un trading sans frais pour ces jetons en paires avec USDC et USDT, renforçant leur attrait pour les traders Pour gérer les risques, Binance applique des tags ‘seed’ pour distinguer ces jetons à fort potentiel mais volatils Binance a annoncé son intention de coter aixbt by Virtuals (AIXBT), ChainGPT (CGPT) et Cookie DAO (COOKIE), les rendant disponibles pour le trading au comptant. La plateforme d’échange ajoute ou retire périodiquement des jetons de sa…

Who are you? I’m Gav – together with Jeffrey Wilcke and Vitalik Buterin, I’m one third of the ultimate leadership of Ethereum ÐΞV. ÐΞV is a UK software firm that is under a non-profit-making agreement with the Ethereum Foundation to create version 1.0 of the Web Three software stack. We three directors—who are ultimately responsible that the software is built and works—are the same three developers who designed and implemented the first working versions of the Ethereum clients. ÐΞV is geographically split between London (where our comms operation is based) and Berlin (which hosts the main hub of ÐΞV). Though…