Vitalik Buterin: AI Could Solve Ethereum’s ‘Biggest Technical Risk
Vitalik Buterin, has expressed his approval of artificial intelligence’s potential to detect vulnerabilities in the Ethereum codebase. Artificial intelligence (AI), according to Vitalik Buterin, co-founder of Ethereum, could be indispensable in resolving one of the platform’s “most significant technical risks”: bugs concealed deep within its code. Buterin expressed enthusiasm in a February 18 post on […]
Virginia Senate Committee Proposes Yearly Fund for Crypto, AI
An annual combined fund allocation of $39,240 has been proposed by the Virginia Senate committee for two recently established commissions on cryptocurrency and artificial intelligence (AI). On February 18, the Senate Finance and Appropriations Committee’s Subcommittee on General Government proposed allocating more than $23.6 million for different legislative departments. The Blockchain and Cryptocurrency Commission, instituted […]
Fixed Float Hack: Scammer Transfers $26M Stolen Ethereum
The Scammer transferred the majority of the pilfered Ethereum funds after the compromise of BTC and ETH worth $26 million on Fixed Float. A massive scam has befallen Fixed Float, a decentralized cryptocurrency exchange and coin mixer, dealing the latest damage to the digital asset ecosystem. The cryptocurrency breach led to the loss of Bitcoin […]
Verkle Trees to Offer Superior Ethereum Solo Staking Benefits
Ethereum solo stakers and network nodes stand to benefit from the implementation of Verkle trees, according to Vitalik Buterin. In an X post, the co-founder of Ethereum lauded the advantages of the technological advancement of the Ethereum protocol. It is expected that Verkle trees will facilitate “stateless validator clients,” according to Buterin, who also mentioned […]
Backpack Exchange, Banxa Partner for Off-ramp Digital Assets Solution
Backpack, a cryptocurrency exchange, has partnered with Banxa, a global provider of crypto on-ramp services, to develop an off-ramp solution for digital assets. The new on-ramp solution will be accessible to backpack users in more than 130 countries, Banxa announced on X on February 19. The developers of Solana’s Mad Lads executable nonfungible token (NFT) […]