Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs

    Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents. Sepolia will remain the dominant network for application…

    Manta Network’s L2 hits mainnet to drive ZK-enabled DApp development

    Manta Network has launched its zero-knowledge proof layer-2 scaling network, which promises lower fees and higher throughput for developers looking to deploy decentralized applications. The ecosystem of layer-2 blockchain solutions powered by zero-knowledge (ZK) proofs welcomes a new player as Manta Network takes its ZK-as-a-service platform live. Manta Pacific is a modular L2 aimed at…

    Arbitrum’s fraud proofs haven’t been used in the two years since it launched

    Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated. Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021,…

    Vitalik Buterin’s X account hacked, draining over $691K from victims’ wallets

    Following the breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT. Vitalik Buterin, co-founder of Ethereum has allegedly had his X (formerly Twitter) account compromised. According to prominent blockchain investigator ZachXBT, the incident has led to victims collectively…

    Financial privacy and regulation can co-exist with ZK proofs — Vitalik Buterin

    A new paper co-authored by Ethereum’s Vitalik Buterin highlights the use of zero-knowledge proofs as a tool for regulatory compliance and on-chain privacy. Ethereum co-founder Vitalik Buterin has published a research paper diving into privacy pool systems as a tool to achieve more privacy in financial transactions, allowing users to prove dissociation from illicit funds through zero-knowledge-proof…

    Vitalik Buterin on fix for Ethereum centralization — make running nodes easier

    Ethereum co-founder Vitalik Buterin says node centralization is one of Ethereum’s main challenges but the perfect solution may not come for another 20 years. The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder…