NewsBriefs - Ethereum developer Danny Ryan joins Etherealize as co-founder

Mar 1, 7:05 PM Cointelegraph

Ethereum developer Danny Ryan joins Etherealize as co-founder

Danny Ryan, a prominent Ethereum developer, has joined Etherealize as a co-founder to help market Ethereum to institutional investors. Ryan aims to bridge Ethereum with the real world, complementing co-founder Vivek Raman's efforts. His role will involve leveraging real-world adoption, encouraging sensible regulation, and advancing research and development within Ethereum's multiple layers. This move coincides with leadership changes at the Ethereum Foundation and heightened investor concerns over Ethereum's declining price.

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• Mar 1, 7:05 PM Cointelegraph

  Ethereum developer Danny Ryan joins Etherealize as co-founder

  Danny Ryan, a prominent Ethereum developer, has joined Etherealize as a co-founder to help market Ethereum to institutional investors. Ryan aims to bridge Ethereum with the real world, complementing co-founder Vivek Raman's efforts. His role will involve leveraging real-world adoption, encouraging sensible regulation, and advancing research and development within Ethereum's multiple layers. This move coincides with leadership changes at the Ethereum Foundation and heightened investor concerns over Ethereum's declining price.

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• Feb 28, 1:21 PM Hand-Picked

  Ethereum Foundation introduces the EF Silviculture Society to uphold core values

  The Ethereum Foundation has launched the EF Silviculture Society, an advisory group composed of external individuals. This group will provide informal guidance to sustain Ethereum's commitment to open source, privacy, security, and censorship resistance. These core values are crucial for attracting skilled developers and maintaining the integrity of Ethereum's network.

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• Feb 28, 2:00 AM Base

  Base introduces new tools to enhance speed, simplicity, and scalability for crypto builders

  Base has launched three innovative tools to enhance its platform: Flashblocks, Base Appchains, and Smart Wallet Sub Accounts. Flashblocks improve transaction speeds on Base with preconfirmation blocks reducing effective block times to 200 milliseconds. Base Appchains, Layer-3 solutions, provide scalable infrastructure for high-demand apps, while Smart Wallet Sub Accounts streamline user experience by integrating multiple onchain accounts into a single wallet interface. These innovations aim to make Base faster, simpler, and more powerful, supporting the growth of a global onchain economy.

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• Feb 27, 9:27 PM @EleanorTerrett

  SEC clarifies that meme coins are not securities, likens them to collectibles

  The SEC's Division of Corporation Finance has issued guidance stating meme coins are not considered securities by federal definitions and resemble collectibles more closely. This classification excludes transactions involving meme coins from registration requirements under the Securities Act of 1933, and as a result, meme coin traders and holders do not receive protections under federal securities laws.

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• Feb 27, 6:03 AM BleepingComputer

  Scammers use 'GrassCall' app in new crypto job scam

  Cybercriminal group 'Crazy Evil' is using social engineering and a malware-infused app called 'GrassCall' in crypto-related job scams, specifically targeting crypto wallets. Various social media platforms and job sites like LinkedIn, CryptoJobsList, and WellFound have been used to distribute fake job offers, enticing victims to download GrassCall which then steals wallet information. The websites and accounts linked to these scams have now been deactivated following a significant number of complaints from affected individuals.

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• Feb 26, 11:04 PM The Block

  SEC concludes investigation into crypto exchange Gemini without enforcement action

  The US Securities and Exchange Commission (SEC) has closed its investigation into the crypto exchange Gemini and decided not to pursue any enforcement action. Gemini co-founder Cameron Winklevoss announced the decision, highlighting the prolonged legal and financial impacts on Gemini and the broader crypto industry. The move is part of a broader shift in the SEC's stance on crypto under new leadership, with other investigations and legal actions against major crypto firms also being retracted.

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• Feb 26, 10:31 PM The Block

  SEC and Justin Sun may settle case involving Tron and BitTorrent

  The US Securities and Exchange Commission (SEC), along with crypto entrepreneur Justin Sun and his companies, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc., are seeking to stay their ongoing legal case to explore potential resolution. This motion comes after their initial charge in March 2023 for allegedly selling cryptocurrencies Tronix (TRX) and BitTorrent (BTT) through unregistered schemes. The parties believe a stay benefits the court and saves judicial resources.

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• Feb 26, 2:00 PM Coindesk

  Ondo Finance joins Mastercard network to offer tokenized real-world assets

  Ondo Finance, a tokenized real-world asset issuer, has joined the Mastercard network to facilitate better cross-border payments and provide business access to yield through tokenized assets. Ondo's Short-Term US Government Treasuries Fund will be part of Mastercard's Multi-Token Network, leveraging API-enabled blockchain tools for efficient transaction processing. This collaboration underscores the growing integration of traditional finance and blockchain technology, allowing easier access to crypto and digital assets.

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• Feb 26, 1:07 PM Coindesk

  Avalanche Foundation launches Visa card to boost crypto usability

  The Avalanche Foundation has launched the Avalanche Card. This Visa credit card enables users to purchase with Avalanche tokens (AVAX), wrapped AVAX, and stablecoins USDT and USDC at any Visa-accepting location. Developed in partnership with Rain, the card is designed to facilitate the integration of crypto into mainstream financial transactions and broaden its adoption, with a particular focus on users in Latin America, the Caribbean, Southeast Asia, and Africa. This initiative is part of Avalanche's commitment to expand decentralized finance (DeFi) accessibility.

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• Feb 26, 3:00 AM PRNewswire

  Immutable partners with Japan's top mobile developer to launch TOKYO BEAST on Web3 platform

  Immutable, a leading Web3 gaming platform, has partnered with Japan's premier mobile gaming developer to launch TOKYO BEAST, an innovative blockchain game featuring advanced mechanics and global tournaments. This partnership, marking Immutable's third with a unicorn developer, further solidifies its leadership in the Asian Web3 gaming market. TOKYO BEAST introduces a pooled NFT system and competitive features designed to attract both Web2 and Web3 players, aiming to set new standards in blockchain-based gaming.

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• Feb 26, 2:06 AM Cointelegraph

  Kaspersky reveals hundreds of fake GitHub projects spreading crypto malware

  Hackers are creating numerous fake GitHub projects to disseminate malware that steals crypto and user credentials according to Kaspersky. The campaign, titled 'GitVenom,' features repositories filled with various malware types aimed at tricking users into downloading them. These projects look authentic and are often disguised as useful tools, but instead harbor info stealers and clipboard hijackers that compromise crypto transactions. The schemes have targeted users globally, with a notable focus on Russia, Brazil, and Turkey.

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• Feb 26, 12:30 AM Hand-Picked

  PayPal to enhance stablecoin PYUSD adoption, targeting global merchant transactions

  PayPal Holdings Inc. plans to expand the use of its stablecoin, PYUSD, across its payment ecosystem, focusing on integrating it into products to serve its 20 million small-to-medium sized merchants. The initiative includes facilitating payment to vendors through an upcoming bill-pay product and enabling PYUSD payouts via Hyperwallet for global payments. The move aims to simplify cross-border transactions, reduce currency conversion friction, and enhance transaction speed, with key implementations set for completion by the end of 2025.

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• Feb 25, 11:00 PM Hamster Kombat

  Hamster Kombat launches its own TON layer-2 network

  Hamster Kombat, a popular Telegram crypto game, has launched its own layer-2 blockchain, the Hamster Network, on The Open Network (TON). This new network aims to provide a scalable, low-cost transaction platform specifically for games and apps. It features the TON Virtual Machine for seamless compatibility with existing TON dapps, includes a wallet, a bridge for token transfer, and a dedicated decentralized exchange. The Hamster Network, with its pilot game Hamster Boost, seeks to expand its user base by offering interactive gaming experiences.

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• Feb 25, 8:36 PM The Block

  Leveraged ETFs tied to Bitcoin stacker Strategy plunge nearly 50% in five days

  Two leveraged exchange-traded funds (ETFs) linked to the bitcoin stockpiler Strategy, MSTX and MTSU, saw nearly a 50% drop in value within five days. This decline coincided with a significant drop in bitcoin price, which fell to below $87,000. The ETFs, which are designed to amplify returns by using derivatives and debt, experienced increased trading volumes and high risk, leading to steep losses. The equity market also faced challenges, influenced by upcoming tariffs announced by the US president, exacerbating the volatile trading environment.

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• Feb 25, 4:29 AM The Block

  Ethereum's Pectra upgrade debuts on Holesky testnet

  The Pectra upgrade, significant for Ethereum, was launched on the Holesky testnet, marking a critical phase before its mainnet deployment. Although the upgrade initiated correctly, it faces finalization issues, with ongoing investigations by developers. The next planned testnet deployment is on Sepolia, contingent on resolving Holesky's problems. Pectra aims to enhance Ethereum's scalability, security, and usability with features like increased stake limits and enhanced rollup capabilities.

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