EIGEN’s airdrop comes after a wave of criticism of its distribution plan and points program.
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain ‘Eclipse’ to Step Back
Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were “false.”
Thiel-Backed Cryptography Startup Lagrange Raises $13M
Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer’s “restaking” wave.
Popular Crypto Wallet MetaMask Rolls Out ‘Smart Transactions’ to Combat Ethereum Front-Running
It’s the first step on a more ambitious roadmap to transform how Ethereum’s biggest wallet works under the hood.
Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App ‘Kiosk’
Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror’s team to operate as an independent company focused exclusively on social media.
Movement Labs Raises $38M for Rollup Based on Facebook’s Move Language
Movement’s 21 and 24-year-old co-founders say they are on a mission to “make blockchain security sexy” with the launch of their L2.
Galaxy, Lightspeed Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
The company from ex-Coinbase employees aims to help developers build better blockchain wallets.
Patched Cosmos Bug Could’ve Put $150M At Risk, Says Firm That Reported It
The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.
Worldcoin, Sam Altman’s Crypto Project, Is Building a Layer-2 Chain
The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.
EigenLayer, Crypto’s Biggest Project Launch This Year, Is Still Missing Crucial Functionality
The “restaking” protocol with $15 billion in deposits won’t pay rewards to depositors and is missing its mission-critical “slashing” feature.
EigenLayer and EigenDA Launch on Ethereum Mainnet
The launch comes after $12 billion has already been deposited into the protocol.
Venture Firm A16z Releases Jolt, a ‘Zero-Knowledge Virtual Machine’
The release is the product of a16z’s first foray into deep tech research.
Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.
MyShell, Blockchain Platform For Building ‘AI Girlfriends’ and Productivity Apps, Raises $11M
MyShell uses blockchains to let creators earn a profit for building AI apps and Her-like companions.
AI Bot ‘Syntax’ From Spectral Labs Could Help Non-Coders Write Ethereum Apps
For the tech to gain steam, Spectral may need to convince users that AI can be trusted with their digital assets.
Solana’s Yakovenko Welcomes Meme Coin Traders With ‘Nothing Better to Do’
In an exclusive interview with CoinDesk, Solana co-founder Anatoly Yakovenko weighs in on the meme coin frenzy that has brought attention activity to the blockchain – along with complaints that transactions aren’t going through.
Optimism Finally Starts Testing ‘Fault Proofs’ at Heart of Design – and of Criticism
A version of the new proof system, which will help secure withdrawals from Optimism and other networks based on its tech, will be deployed to Ethereum’s Sepolia test network on Tuesday.
Story Protocol Works With Crypto-AI Firm Ritual To Train and Track Models On-Chain
Story Protocol will be used to “prove that outputs like text, image, and voice are generated by specific models” so that IP can be tracked, attributed, and compensated correctly.
The Protocol: Is Ethereum’s Dencun Update All It’s Cracked Up To Be?
Some developers think that shifting the Ethereum ecosystem further towards layer 2 networks could risk setting it down the wrong path.
Debating Dencun: Will Ethereum’s Big Update Help or Harm the Network?
While Ethereum’s rollup-centric roadmap could help the ecosystem reach new levels of scale, some developers think relying on third parties to improve access to Ethereum could backfire.