Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories in the development of cryptocurrency technology. This is Margaux Nijkerk and Sam Kessler, the Coindesk technological team.
In this number:
- The attempt of piracy in Lido results in 1.4 Ether Lost of the Oracle Supplier
- Bitcoin’s security improves as Hashrato Share’s holder increases
- The next Ethereum ‘Fusaka’ update could reduce the costs of the Capa-2 and the validator
- Telegram takes energetic measures in the cryptographic market of $ 8 billion
Network news
Lido avoids greater security violation: Lido, the largest liquid bet protocol in Ethereum, avoided an important security incident after one of its nine oracle keys was compromised in what seems to be a low -impact but serious violation that involves the validador chorus one operator. important in the Ethereum ecosystem. The compromised key was linked to a hot wallet used for Oracle reports, which led to a theft of only 1.46 ETH ($ 4,200) in gas rates. No user funds was affected, and a broader commitment was not detected, for X Publications of Lido and Chorus One. – Tim Craig Read more.
Bitcoin defi flourishing: Decentralized finance (Defi) in the Bitcoin block chain can still be in their childhood in relation to Ethereum, but Bitcoin Defi (BTCFI) is becoming safer and more cheaper, said the Missari cryptographic analysis firm in a new report. A central participant is the portion portion, one of the oldest projects of Bitcoin Layer-2, said Missari cryptographic analysis firm in its report “State of Cortation”. 81% of Bitcoin’s total hashrate is secured, which means that the miners who explain the amount that the hashrate is also approving transactions in layer 2. The figure was only 56% before the incorporation of the foundry and spider, the largest mining pools in the world, respectively, respectively, in February. – Jamie Crawley Read more.
Fusaka’s planning begins: After the successful implementation last week, Ethereum’s greatest update in more than a year, the main developers of the network are already changing the next update of the main chain: Fusaka. Pin, the greatest change of code to Ethereum since the merger in 2022, introduced the key changes destined to facilitate institutions, improve wallet accessibility and increase transaction efficiency. The developers have already begun to plan Fusaka, the next network update, and so far they have agreed to include a proposal to improve Ethereum (EIP) called “peerdas” that could help the network admit “Blobs” larger of the transaction data. – Margaux Nijkerk Read more.
Telegram takes energetic measures against the cryptographic market: The Telegram messaging application has closed thousands of channels belonging to the alleged Chinese cryptomry markets of cryptocurrencies after new research sheds light on the situation, according to elliptical. The closure follows a report published by Blockchain’s analysis firm on Tuesday in the rapid growth market based on telegram called Xinbi Guarante. The built -in Colorado market has prosecuted more than $ 8.4 billion in transactions using the USDT USDT Stablecoin of Tether since 2022. It facilitates the services related to money laundering, operating compounds of cryptographic scammers and other illegal services, such as intimidation and sexual trafficking, according to Ellipticic. – Tim Craig Read more.
In other news
- Robinhood Markets (Hood)The California -based financial services company said it agreed to buy the Canadian cryptography firm Wonderfi (Wnd) for $ 178.98 million. The acquisition values of the entire Wonderfi cash in 36 Canadian cents per share, a 41% premium on its closing price before the ad. – Omkar Godbole Read more.
- Actions and cryptographic trade platform ETORO (ETOR) debuted to $ 52 per share in the Nasdaq exchange. The company raised around $ 312 million from investors selling 6 million shares at a price of $ 52 per piece. The list values the company at $ 4.2 billion. Etoro became the first cryptographic company of the United States to leave public after the uncertainty of the market caused by the tariff actions of President Donald Trump. – Helene Braun Read more.
Regulatory and political
- The Gibraltar government said it plans to establish the world’s first rules for compensation and solution of cryptographic derivatives, creating a regulatory framework to improve market integrity and reduce key risks. Working with the Gibraltar Financial Services Commission (GFSC) and Crypto Exchange Bullish (whose owner, Bullish Group, is also Coindesk’s father), the government has built a framework in the last six months that adapts the traditional regulations of financial compensation to the virtual asset market. – Jamie Crawley Read more.
Calendar
- May 14-16: Consensus, Toronto
- May 19-23: Solana Accelerate, New York City
- May 20-22: Avalanche Summit, London
- May 27-29: Bitcoin 2025, Las Vegas
- May 27-29: Ethprague, Prague
- June 8-22: Berlin Blockchain Week, Berlin
- June 30 to July 3: Ethcc, Cannes
- July 16-18: Web3 Summit, Berlin
- September 22-28: Korea Bloquchain Week, Seoul
- October 1: Token2049, Singapore
- December 11-13: Solana Breakpoint, Abu Dhabi
