Ethereum’s Pectra Upgrade Goes Live
Ethereum’s Pectra upgrade was initiated on the Holesky testnet on February 24 but faced delays in finalization. This hard fork aggregates 11 key upgrades into one, notably improving the user experience of crypto wallets through a proposal by Ethereum co-founder Vitalik Buterin.
Notable Proposals
- EIP-7702 introduces smart contract capabilities to wallets.
- EIP-7251 allows validators to increase their stake capacity from 32 to 2048 ETH to facilitate smoother processes.
The next testing phase is planned for the Sepolia testnet on March 5.
Miyaguchi Transitions from Ethereum Foundation Role
AYA MIYAGUCHI exits her position as Executive Director to become president, amidst a significant leadership transition within the Ethereum Foundation. In her words, this role shift will help her broaden the organization’s vision and collaborations.
Avalanche Visa Card Now Available
The Avalanche Foundation has deployed its anticipated Visa credit card for cryptocurrency transactions, collaborating with Rain to offer users a seamless spending experience using AVAX tokens and stablecoins.
Cyber Threats in the Cryptocurrency Space
A Kaspersky report reveals a malicious campaign named GitVenom, posing risks to developers and their assets through compromised GitHub projects. Users are advised to conduct thorough reviews of codes before execution to safeguard against potential theft.
Additional News
- Public bitcoin miners pivoting towards AI.
- The Starknet layer 3 has introduced gaming capabilities.
- Regulatory updates from the SEC and TRON on fraud cases.
