Ethereum developers could implement more protocol changes to evolve with changing market structures without changing its values, says crypto venture capital firm Paradigm. “We think Ethereum’s core protocol could be improving much faster,” Paradigm said in a Jan. 25 blog post. “There are many high-impact improvements that Ethereum can start accelerating towards today without sacrificing its values.”…
Executives from leading Ethereum layer 2s have said they’re willing to make Ethereum more unified by implementing “based” and “native” rollups, which they say could improve security while making the network less fragmented. The head of Ethereum layer 2 Base, Jesse Pollak, said on a Jan. 25 call with Ethereum founders and developers that based rollups are…
The CEO of the largest cryptocurrency exchange in the United States has proposed rethinking the company’s asset listing process in response to a surge in token creation. In a Jan. 24 X post, Coinbase CEO Brian Armstrong noted the challenges posed by the exponential growth of new tokens. “We need to rethink our listing process…
Solana-based decentralized exchange (DEX) aggregator Jupiter announced the acquisition of a majority stake in Moonshot, an app that allows users to buy memecoins using Apple Pay. Meow, Jupiter’s pseudonymous founder on Jan. 25 shared the news on X: “For the first announcement of Catstanbul, I’m thrilled to share that Jupiter Exchange has acquired a majority stake in…
Following the re-election of President Donald Trump in the United States, crypto advocacy groups have shifted their focus to key players in both chambers of Congress, which advocacy groups have characterized as the most pro-crypto Congress in history. Ron Hammond, the senior director of government relations at the Blockchain Association, told Cointelegraph editor Jesse Coghlan…
Binance co-founder Changpeng Zhao (CZ) echoed calls for government transparency by bringing all public spending onchain in every country. CZ chimed in following reports of Elon Musk and the Department of Government Efficiency (DOGE) exploring blockchain to track government spending and reduce the federal deficit in the United States. CZ wrote in a Jan. 25 X post: “Unpopular…
What was SAB 121? The Staff Accounting Bulletin (SAB) 121 rule was introduced by the SEC in March 2022 as part of its efforts to regulate cryptocurrency custody. It required financial institutions to list any crypto assets they held on behalf of customers as liabilities on their balance sheets. In essence, it handled these digital…
Ethereum co-founder Vitalik Buterin outlined a multi-pronged strategy to scale the Ethereum ecosystem by fostering growth in layer-2 (L2) solutions, advancing blob scaling and reinforcing Ether’s role as the ecosystem’s primary economic driver. In a blog post, Buterin suggested that Ether should be cemented “as the primary asset of the greater (L1 + L2) Ethereum economy,”…
Solana had a blistering seven days, buoyed by the TRUMP memecoin launch, US President Donald Trump’s inauguration, and ETF hype to reach a new all-time high of around $294, leading to a record stablecoin supply, and surge in total value locked. Solana stablecoin supply hits all-time highs Solana’s stablecoin supply has skyrocketed over the last seven…
With Ethereum co-founder Vitalik Buterin claiming sole ownership of the Ethereum Foundation and speculation surrounding the Trump family building “giant businesses” on Ethereum, the network has been a hot topic of discussion in the crypto community recently. In an exclusive interview with Cointelegraph, members of the Ethereum Foundation, Trust Wallet, Safe, Alchemy and Rhinestone discussed the new ERC-7779 token…