Crypto News

Vitalik Buterin Wary of Pushing Too Much Complexity to Ethereum L2s

An L1 consensus failure might create a day of panic for devs, but "with an L2 bug, people could permanently lose lots of money." he said.Source link

Ebay’s Web3 Division Reportedly Lays off 30% of Its Employees

Recently, Ebay, the e-commerce behemoth, implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee. Among those affected by this restructuring is David Moore, the founder of Knownorigin, a marketplace for non-fungible tokens (NFTs), whose post is redundant. Ebay’s DedicationSource link

Trump: Bitcoin Has Taken on ‘a Life of its Own,’ Will Probably Need Some Regulation

Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation.Source link

$3 Billion in Bitcoin Options Expire Today—Here’s Why It Matters

Today’s $3 billion expiry is nothing compared to the open interest accumulating for March expiry—right before the Bitcoin halving.Source link

Ethereum Core Developers Set Electra Upgrade, Plan Dencun Activation

Ethereum All Core Developers Consensus Call #128 outlines Electra upgrade, Dencun activation, reward adjustments, and light client support enhancements for March 13, 2024, promoting network economics and continuous improvement. (Read More)Source link