Ethereum Layer 2 network Base is set to implement Optimism's fault-proof system, also known as fraud proofs, on October 30. According to the project's team in a recent post on X, the upgrade will allow users to independently verify...
A new phishing scam has emerged, targeting Sony’s blockchain ecosystem, Soneium, by exploiting Google’s ad service to deceive users and drain their cryptocurrency wallets. Scam Sniffer, a fraud detection service, initially flagged the scam on X (formerly Twitter), warning...
Ethereum-based Oracle Chainlink has introduced new privacy-preserving technology designed to help financial institutions protect sensitive data during blockchain transactions. On October 22, Chainlink launched two major features aimed at facilitating blockchain adoption in the financial sector while ensuring end-to-end...
Samsung is set to strengthen security in its AI-powered home appliances by incorporating more blockchain technology into its systems. In a blog post published on Monday, October 21, the tech giant announced its plan to extend the Knox Matrix...
Singapore's leading financial institution, DBS Bank, has unveiled a new suite of solutions that incorporates tokenization and smart contract capabilities into its existing banking services. The new product, "DBS Token Services," combines the bank's Ethereum Virtual Machine (EVM)-compatible permissioned...
Ethereum developers are preparing to implement a key update in the upcoming Pectra fork aimed at enhancing the network's scalability through dynamic blob fees. The update, outlined in the new Ethereum Improvement Proposal (EIP) 7742, is designed to optimize...
In a new blog post published today, October 17, co-founder Vitalik Buterin follows up on his last post on Ethereum’s development by outlining his vision for the next phase, colloquially known as the “Surge. " Buterin stated that the...
The XRP Ledger (XRPL) is preparing for a significant upgrade as the Decentralized Identifier (DID) amendment is set to go live on the mainnet on October 30. According to an update from XRPScan, the DID amendment has entered its...
Blockchain oracle network Chainlink recorded the most developer activity among ERC-20 token projects in September 2024. According to analytics firm Santiment, the project had over 400 GitHub events. Meanwhile, Ethereum, the pioneer in smart contracts and decentralized applications, was...
As Ethereum celebrates two years of successfully transitioning from Proof-of-Work (PoW) to Proof-of-Stake(PoS) and completing the Merge phase of its development, its co-founder, Vitalik Buterin, has suggested that this new consensus mechanism can be improved. In a blog post...
