ENS abandons plans for Namechain L2, citing Ethereum scaling
Citing a 99% drop in gas fees and upcoming Ethereum scaling, the project will now deploy its ENSv2 upgrade directly on Ethereum.
Crypto and banks spar in comments on Fed’s ‘skinny master account’ idea
Crypto companies have backed a Federal Reserve proposal to give them limited access to the central bank, while banking associations have urged caution.
Bessent suggests Warsh nomination hearings alongside Powell probe
The Fed chair confirmation faces a key hurdle as a senator vows to block the process until a DOJ investigation into Jerome Powell is resolved.
Address poisoning recently cost 2 victims over $62M alone: Scam Sniffer
Analysts have warned that Ethereum’s Fusaka upgrade has made address poisoning cheaper, as malicious actors can carry out dust attacks for very little cost.
Only 10K Bitcoin at quantum risk and worth attacking, CoinShares claims
Most quantum-vulnerable Bitcoin sits in wallets holding under 100 Bitcoin, with CoinShares claiming it could take a millennium to compromise each one.
Federal Reserve entering ‘gradual print’ mode — Lyn Alden
Whether the Federal Reserve is engaging in quantitative easing is purely semantic, according to Alden, who says all roads lead to debasement.
VCs clash over non-financial use cases in Web3 and crypto
Chris Dixon, a managing partner at a16z crypto, said that non-financial use cases in crypto will flourish when regulations become clear.
Google search volume for ‘crypto’ hovers near yearly low amid market rout
Investor sentiment in crypto is now at the same level it was during the 2022 Terra-LUNA crash that sent shockwaves through the crypto market.
Bitcoin bear market not over? Trader sees BTC price ‘real bottom’ at $50K
Bitcoin price analysis stayed bearish on the outlook for BTC, predicting new macro lows in a repeat of the 2022 bear market.
Jack Dorsey’s Block may cut up to 10% of staff in business overhaul: Report
Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction.