Ethereum's Upcoming Upgrade 'Pectra' Faces Second Buggy Test, Risking Delay
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Ethereum's Upcoming Upgrade 'Pectra' Faces Second Buggy Test, Risking Delay

Ethereum’s anticipated upgrade, Pectra, encounters issues prompting discussion of a possible delay after a problematic test on the Sepolia network.

Welcome to The Protocol

CoinDesk’s weekly round-up of key developments in cryptocurrency technology.

In this issue:

  • Ethereum’s Second Buggy ‘Pectra’ Test Could Lead to a Delayed Upgrade
  • Ethereum Foundation Appoints New Co-Executive Directors
  • Layer-2 BOB’s ‘Bitcoin DeFi’ Continues Progress With Fireblocks Integration
  • Popular Crypto Wallet MetaMask Unveils New Roadmap

Network news

ETHEREUM’S SECOND BUGGY TESTNET FOR PECTRA – DELAYS?

Ethereum developers had initially celebrated a seemingly successful test of Pectra, the blockchain’s significant upgrade, on the Sepolia test network. However, errors emerged shortly after the test, raising concerns about potential delays. The previous configuration errors were identified as misconfigurations specific to the Sepolia test.

ETHEREUM FOUNDATION PICKS NEW CO-EXECUTIVE DIRECTORS

The Ethereum Foundation (EF) announced the appointment of Hsiao-Wei Wang and Tomasz Stańczak following the exit of Aya Miyaguchi, who has transitioned to the EF president role.

In Other News

Trading Titan Jump Is Regrouping Its U.S. Crypto Efforts, Insiders Say
According to insiders, crypto trading volume is accelerating globally.

David Sacks Quietly Divested From Crypto Company at Center of Conflict of Interest Controversy
Sacks’ fund exited its Bitwise position amid management changes.

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Tether and Circle Compete for Dominance in the Stablecoin Sector Regulation

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