“Also: Bitcoin Devs Debate Op_return, World Network Launches in Us, and Aztec Testnet Launches”, – WRITE: www.coindesk.com
In this Issue:
- Ethereum Activates ‘PECTRA’ UPGRADE, RAISING MAX STAKE TO 2,048 ETH
- Bitcoin Developers Plan Op_return Limit Removal in Next Release
- Sam Altman’s World Crypto Project Launches in US With Eye-Scanning Orbs in 6 Cities
- Aztec’s Privacy Rollup Hits Testnet Amid Growing Demand
Network NewsPectra Finally Goes Live on Ethereum: Ethereum Activated Its Long-Awaited “PECTRA” UPGRADE ON WEDNESDAY, MARKING The BLOCKCHAIN’S MOST SIGNIFICANT OVERHAUL SINCE The MERGE IN 2022. Improve Overall Efficiency. IT Arrives As Ethereum Contends with Rising COMPETION AND INTERNAL DEBATES OVER ITS DIRECTION. A Key Element of the Upgrade Involves Increasing the Anthont One Can Stake from 32 to 2.048. This Change Could Help Speed Up and Streamline Operations for Stakers, The Vast Network of Companies and Individuals Who Help Keep The Ethereum Network Afloat. Previously, Staking at Scale Required Setting Up Multiple Validtors; Now, Stakers Can Consolidate Up to that Amount Under A Single Node. – Margaux nijkerk Read More.
Bitcoin Core Devs to Remove Op_return Limit, Sparking Debate: The DEBATE OVER BITCOIN’S OP_return Heats Up, As Developers of Bitcoin Core – The Most Popular Node Software – Said they Plan to Scrap Op_return Entirely in the Netaase. The op_return Limit is an 80-Byte Cap on the Amount of Arbitrary Data that Can Be Embedded in a Bitcoin Transaction USING A SPECIAL, UNSPENDable Output Field. The DEBATE CENTER ON WETHER LIFTING The 80-BYTE OP_return Limit Promotes Transparency and Simplifies Data Use on Bitcoin, Or Whther Its Fit. Financial Focus. – Sam Reynolds Read More.
WorldCoin Comes to 6 US CITIES: Sam Altman’s Blockchain Project, World, Is Launching in The Us-and SAID IT INTEENDS to ROLL OUT 7,500 Eye-Scanning “Orbs” in Cities Across The Country by the End of the YEAR. World’s Orbs-Chrome, Bowling Ball-Shaped Devices that Scan A Person’s Eybals to Confirm Their Identity-Will Initialy Be Available To Americans In Six “Key Innovation Hubs Angeles, Miami, Nashville and San Francisco. Those Who Decide to Take the Plunge and Gaze Into The Orb Will Gain Access to The World App and Receive An AirDrop of World’s Wld Token. By the end of the year, the project aims to have enough orbs Spread Throughout the US to Give 180 Million Americans, More than Half the population, Access to World’s Network. Cheyenne Ligon and Margaux nijkerk Read More.
After 8 Years, Aztec Testnet is Live: Aztec, A Layer-2 Rollup Focused on Privacy, Shared That Its Testnet Has Finally Gone Live. The Announcement Comes As A Wave of New Privacy-Focused Solutions Begins to CAPTURE THE INTERESTS OF LARGE INSTITATIONS THAT NEED CONFIDENTIALITY WITH LARGE Transaction Batches. The team behind aztec said that have been work on the Product for Over 8 Years, Bringing The Cutting-Edge Technology One Step Closer to the Mainnet. – Margaux nijkerk Read More.
In Other News
- Movement Labs, The Development Firm of the Movement Network, Has Rebranded to “Movement Industries” and Cut Ties with CO-FOUNDER RUSHI Manche Following Controvers The AnnounCement Came of the Company ‘X Account Early Tuesday, Stating That “Movement Labs Has Terminated Rushi Manche’s Employment and All Affiliations With. The Decision Follows A Coindesk Report FIRST REVELED SECRET AGREEMENTS BETWEEN MOVEMENT-LINKED ENTITIES AND Market Makers Durying the Project’s Token Launch. – Shaurya malwa Read More.
- The Price of Gold Has Surged Almost 29% This Year, Solidly Beating the 3.8% Gain in Bitcoin (BTC). Even SO, that’s Failed to Deter Investors Eager to Add The Largest Cryptocurrency to their Portfolios. Blackrock’s Spot Bitcoin Etf (Ibit) Has Attracted A Net $ 6.96 Billion in Inflows The Start of the Year, the Sixth-Largest Als Analyst, Eric Balchunas. SPDR GOLD TRUST (GLD), The World’s Largest Physically Backed Gold Etf, Slipped to the Number Seven Position Monday with Net Inflows of $ 6.5 Billion. IBIT’S OUTPERFORMANCE INDICATES INSTITATIONS ‘PERSient Confidentnce in Bitcoin’s Long-Term Prospects Despite The Relatingly Dour Price Performance. – Omkar Godbole Read More.
Regulatory and Policy
- Democrats in the US House of Representatives derailed What was swaped to be a joint hearing on crypto policy efforts on tuesday, insisting that preresident dold Trump. ALLOW Other Discussion on Instituting Industry Regulations. – Jesse hamilton Read More.
- NEW HAMPSHIRE HAS BECOME THE FIRST STATE TO ALLOW the INVESTMENT OF ITS PUBLIC FUMNDS INTO Crypto Assets with Its Governor Signing The New Law on Tuesday. The State Beat A Number of Other to the Punch This Year As What Had Started As A Surge in State Lawmaker Momentum Had Run Into Roadblocks Over Recent Weeks. As the first to authorize it treasurer to set up such a reserve, New Hampshire Could Very Well Beat The US Government in Forming A Stockpile, Too. – Jesse hamilton Read More.
Calendar
- May 14-16: Consensus, Toronto
- May 19-23: Solana Accelerate, New York City
- May 20-22: Avalanche Summit, London
- May 27-29: Bitcoin 2025, Las Vegas
- May 27-29: Ethprague, Prague
- June 8-22: Berlin Blockchain Week, Berlin
- June 30-July 3: Ethcc, Cannes
- Sept. 22-28: Korea Blockchain Week, Seoul
- Oct. 1-2: Token2049, Singapore
- Dec. 11-13: Solana BreakPoint, Abu Dhabi
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