Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories in the development of cryptocurrency technology. I am Ben Schiller, Coindesk Manager editor.
In this number:
- Ethereum’s pein update goes live
- Avalacha Visa Card launched
- Executive Director of the Ethereum Foundation that comes out
- Hackers who use github to steal Bitcoin
Network news
PINTA IS LIVE IN TESTNET: Ethereum’s sicking update was launched at the Holesky Testnet on February 24, but could not end in the expected time. The red -fork pein combines 11 main updates, or “proposals for improvement of Ethereum” (EIP), in a single package. In the heart of this is EIP-7702, which is supposed to improve the user experience of cryptographic wallets. The proposal, which was scribbled by the co -founder of Ethereum, Vitalik Butein, in just 22 minutes, will allow the wallets to have some smart contract capabilities, as part of a broader strategy to bring accounts abstraction to Ethereum, a concept that makes the usability of the wallets much less clumsy.
Another key proposal, EIP-7251, will allow validators to increase the maximum amount that can adhere from 32 to 2,048 ETH. It is assumed that the proposal relieves some of the technicalities that the validators faced in ETH today: those that support more than their 32 ETH have to extend that in multiple validators, which makes the process a discomfort. When lifting the maximum stake limit and combining those validators, it could accelerate the configuration process of new nodes. Holesky is the first of the two trial needs that is executed through a tong simulation. The next test is supposed to occur in the sepolia testnet on March 5. But according to Christine Kim, research vice president at Galaxy, developers could delay it depending on today’s problem. After Pina is launched in both tests, developers will dye on a final date to activate the Mainnet update. – Margaux Nijkerk Read more.
Miyaguchi leaves the role of Ethereum’s foundation: The executive director of the Ethereum Foundation, Aya Miyaguchi, leaves her position to make the transition to a new role as president of the organization. The news occurs when the non -profit organization goes through a leadership shake and measure that Ethereum has become less popular for the new builders in recent months, and some even blame the leadership of Miyaguchi, why the price of the blockchain token is delayed behind other cryptocurrencies. “This new opportunity will allow me to continue supporting the institutional relations of EF and expand the scope of our vision and culture in general,” Miyaguchi wrote in a blog post published on February 25. The Ethereum Foundation is a non -profit organization that supports the development of the Ethereum block chain. Founded in 2014, Miyaguchi joined in 2018 and has been the executive director since then. The co -founder of Ethereum, Vitalik Bugerin, wrote in an X post that “each success of the EF: the constant execution of Ethereum Hard Forks, client interopinist workshops, Devcon, the culture of Ethereum and the firm commitment to its mission and values, and more, it is partly the result of the Stewardship of Aya.” – Margaux Nijkerk Read more.
Spear the Avalanche Visa Card: The Avalanche Foundation, the non -profit organization that helps manage the development of the avalanche block chain, said that its long -awaited avalanche card, a visa credit card that allows users to buy items with their cryptocurrency, is live and ready to be used. The card was developed in collaboration with Rain, a blockchain -based card issuance platform. It allows users to spend their Avalanche (AVAX), wrapped Avax and USDT and USDC at any store that Visa said, said the foundation in an email. While other teams have also published credit cards linked to a user’s crypto holdings, the news indicates the additional integration between traditional financial technologies and cryptocurrency. The Avalanche Foundation said in October that it planned to present the card, focusing on registering users in Latin America and the Caribbean. According to the card website, the credit card will be linked to the “new user autocustody wallet and the unique address per active.” “In a movement to double the conventional adoption of decentralized finance (DEFI), Avalanche remains committed to promoting accessible incursions for blockchain for each type of user,” the team said. – Margaux Nijkerk Read more.
Computer pirates use github for NAB BTC: The github code you use to create a modern application or patch existing errors could be used to steal your bitcoin (BTC) or other crypto holdings, according to a Kaspersky report. Github is a popular tool among developers of all kinds, but even more among cryptographic projects, where a simple application can generate millions of dollars in income. The report warned users of a “Gitvenom” campaign that has been active for at least two years, but is constantly increasing, implying planting malicious code in false projects in the popular code repository platform. The attack begins with apparently legitimate github projects, such as making telegram bots to manage tickets or bitcoin tools for computer games. Each comes with a polished Readme file, often generated by AI, to generate trust. But the code itself is a Trojan horse: for Python -based projects, the attackers hide the disastrous script after a strange 2,000 tabs, which decipher and executes a malicious useful load. For JavaScript, a Rogue function is integrated into the main archive, which triggers the launch attack. Once activated, malware extracts additional tools from a GITHUB repository controlled by separate hackers. Once the system is infected, several other programs are activated to execute the exploit. How can users protect themselves? When examining any code before executing it, verifying the authenticity of the project and being suspected of excessively polished readmes or inconsistent confirmation stories. Because researchers do not expect these attacks to stop soon: “We hope these attempts will continue in the future, possibly with small changes in the TTP,” Kaspersky said. – Shaurya Malwa Read more.
In other news
The miners revolve to AI, but Bitcoin still makes sense
- Bitcoin’s public miners rush artificial intelligence business lines, but there is still room for their original mandate, says this investment banks. Colin Harper, from Blockspace, reports.
Starknet Layer 2 obtains the game chain of game applications
- Nums, a sequential game built from Starknet technology, is the first layer 3 to settle on the network.
Regulatory and political
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