ECB Releases First CBDC Progress Report
The ECB’s June 24 update on CBDC development emphasizes privacy with pseudonymization, hashing, and encryption to prevent transaction tracking. In a June 24 update, the European Central Bank (ECB) disclosed its initial progress report on the development of a central bank digital currency (CBDC). The ECB prioritized privacy provisions, pledging to implement pseudonymization, hashing functions, […]
Louisiana Crypto Law Protects Node Operators, Bans CBDC
Louisiana’s revised Blockchain Basics Act, effective August 2024, bans CBDCs and sets rules for miners and node operators while allowing other digital currencies. The state of Louisiana in the United States has altered its legislation to prohibit the use of central bank digital currencies (CBDCs) and establish regulations for node administrators and miners. The revised […]
SlowMist Warns of Phishing Surge in TON Ecosystem
SlowMist warns of rising phishing attacks on The Open Network (TON) ecosystem amid its 2024 growth. The Open Network (TON), a blockchain platform that is linked to Telegram, is currently experiencing an increase in phishing assaults on its ecosystem, according to a blockchain security expert. As per the founder of the blockchain security firm SlowMist, […]
ETH Price Prediction Amid Surge in Active Addresses
Ethereum sees a surge in active addresses and legal activity, drawing attention to its valuation as it battles key resistance levels. Ethereum (ETH) is experiencing an increase in activity on its network and in the legal sector. In the midst of these developments, Ethereum’s valuation is a topic of interest, as the decentralized finance (DeFi) […]
EigenLayer Boosts Security on Ethereum Mainnet
EigenLayer enhances Ethereum mainnet security for EigenDA with whitelist measures to prevent Sybil and DDoS attacks. EigenLayer; prevention of distributed denial-of-service assaults and sybil for the EigenDA data availability service on the Ethereum mainnet. The whitelist security measure, as per EigenDA’s X post, employs an internet protocol address or Ethereum’s elliptic curve digital signature algorithm […]