Layer-2 rollups must decentralize sequencers or face the consequences
Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea.
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Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K
Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a 17.5% correction in five days, which signals that buyers are somewhat reluctant to defend the price.To date, Ether suffers from…

South Africa Looks to Blockchain to Reduce Unemployment
The South African Presidential Commision on the Fourth Industrial Revolution believes that blockchain technology and Artificial Intelligence could help reduce unemployment in the country.Commissioner Mpho Dagada told the Blockchain Africa Conference in Johannesburg this week that blockchain could bring important economic benefits.“We face two significant challenges in the country: reducing unemployment and increasing our Gross…

Opposition press links Russian lawmaker to local crypto OTC
Russia’s crypto OTC platform Bankoff has reportedly not only helped officials avoid sanctions but has also generated some gains. 1651 Total views 15 Total shares Own this piece of crypto history Collect this article as NFTA Russian legislator who was one of the authors of the bill to legalize cryptocurrency mining in the country has…

Bitcoin avg. transaction fee rises 937.7% in 24 hours
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.

Roaring Kitty returns with cryptic X post, Solana-based CHEWY memecoin soars 28%
Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.

dYdX lays off 35% of staff shortly after major Consensys cuts
The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.

SEC asks for more time to respond to Coinbase call for crypto clarity
The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.” 488 Total views 44 Total shares The United States securities regulator has asked for four more months to provide a response to Coinbase’s request for crypto regulatory clarity.In a June 13 letter…
