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Krypto && Kaffe 120

Cryptocurrency Technology Recap

Bitcoin:

  • I det seneste Bitcoin build, deployers now have a full eksempel bitcoin.conf shipped with each release! If needed, there is also now a script to generate one yourself.
  • As of block 735000, we are halfway through Bitcoin’s 4th mining epoch and less than two years away from the annual inflation rate dropping below 1%.

litecoin:

  • Pælerod var aktiveret on Litecoin mainnet at blokere 2257920 on May 5th, 2022.
  • In addition to Taproot, MWEB is låst inde at block 2257920, meaning MWEB will go live in two weeks on roughly May 19th, 2022.
  • David Burkett drops the latest resumé on the final MWEB development work and v021.2.
  • In order to run MWEB, users will need to opdatering their nodes to Litecoin v0.21.2.

ethereum:

  • Ben Edgington aksjer quick notes on the recent Ethereum devs konsensus call with focus on the mainnet shadow fork 3 and more!
  • Erigon aksjer a deep dive on their core stage sync controls and flow within the Erigon client. In addition, they released a new Alpha udgave!
  • Trenton Van Epps of the Ethereum Foundation dyk into the path towards The Merge with focus on the user layer!
  • Project Sunshine was lanceret to monitor Ethereum’s decentralization.

Andre blockchains:

  • StarkWare annoncerer the StarkGate Alpha release on mainnet! This allows users to now move funds from Ethereum mainnet to StarkNet Alpha!!
  • Optimisme aksjer their latest Optimism Bridge revamp with Warp Speed, a custodial bridge enabling one of the cheapest deposit fees of ETH in the ecosystem.
  • Ny forskning from Dan Robinson and Gordon Liao show that Uniswap V3 has deeper liquidity in ETH/USD, ETH/BTC, and other pairs than leading CEXs including Coinbase and Binance.
  • Uformelle systemer aksjer updates on how developers will be empowered to launch in the Cosmos ecosystem through leveraging Interchain Security.
  • Optimism is officially leve on Hashflow! Users can now easily swap between a low-cost, lightning fast layer-2 and other EVM-based chains with MEV resistance and guaranteed execution.
  • Josh Stark of Ethereum Foundation skriver on the importance of why crypto matters.
  • dydx annoncerer that their iOS app is now available to the public! This makes dYdX one of the first Defi protocols to launch a dedicated mobile app and put UX on par with centralized exchanges.
  • The Electric Coin Company udgivelser v5.0.0 with support for NU5 activation on mainnet, scheduled for blokhøjde 1687104 on May 31st, 2022.
  • Ren udgivelser their latest Development Report with focus on RenBridge V3, RenVM, and a fee fix for LUNA.
  • Giza er introduceret! A fully on-chain machine learning model inference powered by StarkNet.
  • Georgios Konstantopoulos annoncerer the latest Foundry release which now includes Ambolt – a blazing-fast local testnet node implementation in Rust!
  • Rainbow introducerer RainbowKit, a developer kit for connecting wallets to Web3!
  • Starkswap is proud to indføre Iron Fleet together with Yearn Finance.
  • Curve Finance aksjer that apparently Binance and Uniswap were out of USDT liquidity for a short period. They told users to swap in 3pool.

Hacks | Sårbarheder | Udnyttelser:

  • Nogen delt a few articles in regard to how Chainlink oracles across all chains mainly appear to rely on solely a single 3-of-20 multisig.
  • sårbarhed was found in Solana rBPF versions 0.2.26 and 0.2.27 which may lead to the wrong execution pass resulting in loss of funds.
  • Et fællesskab stemme last week for seized JUNO tokens to move to a community fund went skævt when the funds went to the wrong address due to a programming error.
  • BlockSec identificerer the same vulnerability in the Nerve Bridge incident to attack Saddle Finance. In total, 4,900 ETH were under attack but 1,360 were saved.
  • Pris orakel manipulation bites Fortress Protocol with a 3 millioner dollars tab on BSC. The stolen funds were directly bridged and deposited into Tornado Cash.

Almindelig opsummering:

  • Terraform Labs (TFL) fjernet 150M UST from Curve to get ready to deploy into 4pool next week. Minutes later, a freshly funded address brokoblet 84M of UST to Ethereum (before TFL removed liquidity), roughly 4-minutes later it dumped the UST triggering the massive sell-off. After the imbalances started to happen, TFL removed an additional 100M UST to lessen the imbalance. As UST started to depeg, an ukendt actor started dumping ETH and buying UST. As UST started trading below peg, they were able to make profit without optics. UST continues to drop and maintain instability.
  • Emin Gün Sirer, Founder and CEO of Ava Labs, aksjer his thoughts on fully-collateralized fiat stablecoins, algo-stablecoins and depegging.
  • Terra’s public infrastruktur is getting quite clogged.
  • Ex-Terra colleagues Bemærk that Do Kwon was behind earlier failed stablecoin before UST.
  • CoinDesk rapporter that the U.S. District Court for the Southern District of New York ordered the BitMEX’s founders – Arthur Hayes, Benjamin Delo and Samuel Reed to each pay a $10M penalty.
  • Later this month, Gucci will starte to accept crypto in five stores as a step towards blending its Web3 and physical communities.
  • Bitcoin Magazine dives into BIP-119, CTV and its surrounding activation debate.
  • Mexican bitcoin exchange, Tauros, has integreret Lightning network capabilities!
  • Kraken annoncerer support for THORChain’s RUNE starting May 6, 2022 at approximately 14:30 UTC.
  • Instagram annoncerer in partnership with Polygon that they will be supporting NFTs.
  • RCD Espanyol will begin acceptere bitcoin and other cryptocurrencies for match tickets, merchandise and food and beverages next season.
  • Visa’s global head of fintech and crypto, Terry Angelos, is forlader to take over as CEO of mobile trading tech firm, DriveWealth.
  • Bitcoin security and custodial firm, Casa, annoncerer a new API and raises $21M Series A funding round.
  • KuCoin har hævet $150M in a pre-Series B funding round at a valuation of $10B.
  • Dapper Labs’ Flow, is gør a $725M push to attract more projects in Web3 and NFTs with help from a16z.

Denne uges kop kaffe:

This week, we are heading to Santa Barbara, CA for a cup of Giro D’ Italia from Handlebar Coffee Roasters! This blend of beans from Guatemala, Brazil, and Ethiopia brings out super smooth and sweet notes of spices, hints of chocolate and just the right balance to jump start your morning. Sip up and enjoy!!

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