According to PANews, a significant portion of Ethereum block creation is dominated by just two companies, Beaver and Titan, which together account for over 90% of the blocks. This situation traces back to the introduction of MEV-Boost by Flashbots at the end of 2022. MEV-Boost is a software that allows Ethereum L1 validators to obtain transaction blocks from third-party builders, enhancing their earnings. Following its introduction, nearly all Ethereum L1 validators adopted this software.

Initi

According to Odaily, users have been cautioned against interacting with the Spectral platform's on-chain AI agent due to a recent security breach. The warning was issued by X user @RuslanMoody, who highlighted that the interaction contract of the Spectral website has been compromised by hackers. This alert specifically advises users to avoid engaging with the platform, although it does not apply to tokens whose liquidity is already locked on Uniswap.

Further reports from X user @0xYong_W indica

According to PANews, blockchain analytics firm Fuzzland's co-founder, Chaofan Shou, issued a warning regarding a security breach on the decentralized exchange platform Clipper. The breach, attributed to an API vulnerability potentially involving private key exposure, has resulted in losses exceeding $500,000. Additionally, there is a risk of $6.5 million being compromised.

Shou has advised users to withdraw their funds immediately to prevent further losses. The incident highlights the ongoing

According to Odaily, the Bank for International Settlements (BIS) and several central banks have recently published a paper addressing legal issues and the design of Central Bank Digital Currency (CBDC) systems. The participating central banks include the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve Board, the Swedish Riksbank, and the Swiss National Bank.

One of the key debates highlighted in the paper is whether CBDC systems should ado

According to Odaily, the Russian Ministry of Industry and Trade has proposed extending the timeline for the launch of the digital ruble by two years, aligning it with the schedule provided to smaller retailers. In October, the Central Bank of Russia revealed its timeline for the digital ruble's introduction as part of a bill submitted to the State Duma. The large-scale rollout is set for July 1, 2025, by which time the largest banks and retailers are required to support the central bank digital

According to Odaily, the Basel Committee on Banking Supervision has released its Basel III monitoring statistics for December 2023, which include data on crypto asset exposure. Although the data predates the launch of a Bitcoin ETF in the United States, it highlights a significant increase in U.S. banks offering crypto services to clients. Notably, American banks have largely exited the cryptocurrency custody sector, primarily due to the U.S. Securities and Exchange Commission's (SEC) SAB 121 ac

According to Odaily, Japan is contemplating the introduction of new lightweight legislation for cryptocurrency intermediaries that do not operate as exchanges. Recently, the Financial Services Agency (FSA) presented its ideas to the Financial System Council's Payment Services Working Group. In 2017, Japan implemented legislation for Crypto Asset Exchange Service Providers (CAESP), which covers the buying and selling of cryptocurrencies, acting as brokers, managing funds related to these services

According to Odaily, a recent report by the European Union delves into the potential of permissionless blockchains within traditional finance (TradFi). The report suggests that permissionless blockchains should at least be considered as an option for traditional finance and financial market infrastructure, albeit with cautious adoption. It argues that such blockchains can be more neutral than private blockchains, thereby fostering competition. The unrestricted access provided by public blockchai

According to HODL15Capital's latest monitoring as of November 30, 2024, global Bitcoin ETFs collectively hold a record-high of 1,266,862 BTC, valued at approximately $123 billion. This includes data from 45 funds worldwide, demonstrating the growing institutional demand for Bitcoin-backed exchange-traded products. The tracker highlights significant growth in holdings over recent months, marking a pivotal milestone for Bitcoin's integration into traditional financial markets.  

According to Odaily, two cryptocurrency whales have made significant profits from recent transactions involving UNI and LINK tokens. The first whale, identified by the address 0x2B4F, sold 135,150 UNI tokens, amounting to $1.71 million. This transaction resulted in a profit of $1.15 million.

Meanwhile, the second whale, with the address 0x6049, sold 363,814 LINK tokens, totaling $6.88 million. This sale led to a profit of $3.06 million. These transactions highlight the ongoing activity and pote

According to Odaily, the blockchain game Alien Worlds has issued a warning to its community regarding the resurgence of harmful fake NFT collections. The announcement, made on platform X, urges buyers to exercise caution and vigilance when purchasing NFTs. The game developers emphasized the importance of verifying the authenticity of NFTs to ensure they originate from official and verified collections.

This alert comes as fraudulent NFT activities continue to pose significant risks to unsuspect

According to Odaily, South Korea has decided to postpone the implementation of a capital gains tax on virtual assets by two years. This announcement was made by Park Chan-dae, a representative of the Democratic Party, during a press conference held at the National Assembly in Yeouido, Seoul. Park stated that after extensive discussions on the matter, it was deemed necessary to further reform the virtual asset tax system before proceeding with taxation.

Park also addressed the budget-related sub

On Dec 01, 2024, 04:49 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,700 USDT benchmark and is now trading at 3,703.889893 USDT, with a narrowed 1.65% increase in 24 hours.

According to BlockBeats, on December 1, community influencer Insurrection Barbie tweeted that Marc Andreessen, co-founder of a16z, recently revealed that 30 tech entrepreneurs, many deeply involved in the cryptocurrency sector, have had their banking services revoked. Interestingly, Sam Bankman-Fried, despite his involvement in significant fraudulent activities, has not faced similar banking service cancellations.

Elon Musk responded to this tweet, highlighting the peculiarity of the situation.

According to Odaily, Anthony Pompliano, founder and CEO of Professional Capital Management, recently discussed MicroStrategy's approach to purchasing Bitcoin using convertible bonds. The company has been selling future equity at a 55% premium to increase its Bitcoin holdings, presenting an attractive financial proposition. By selling equity at a price higher than its current stock value, MicroStrategy has been able to generate substantial capital for Bitcoin acquisitions. Pompliano noted that th

According to Odaily, the cryptocurrency sector experienced over 30 hacking incidents in November 2024, resulting in losses amounting to approximately $85.53 million. Of this, around $25.2 million has been successfully recovered.

The most significant of these incidents involved Thala, which suffered a loss of $25.5 million. However, a substantial portion of this amount, $25.2 million, was recovered, and an additional $300,000 was allocated as a bug bounty. Another major incident was the attack

According to BlockBeats, on December 1, BlackRock CEO Larry Fink shared his views on Bitcoin during an interview with Fox. Fink emphasized that Bitcoin is an international asset, highlighting its independence from any single nation's currency. This perspective underscores the growing recognition of Bitcoin's global relevance and its potential role in the international financial landscape.

Fink's comments come at a time when digital currencies are increasingly being discussed in financial circle

According to Foresight News, Ethereum co-founder Vitalik Buterin has expressed his disagreement with the United States Government Efficiency Department's (DOGE) handling of minor government spending errors. Buterin argues that the examples highlighted by the department represent only a small fraction of total expenditures. He suggests that if the government focuses on avoiding mistakes that might appear unfavorable on social media, it risks missing out on valuable opportunities. Meanwhile, large

According to Odaily, recent data compiled by HODL15Capital reveals significant on-chain activity for Bitcoin following the launch of the U.S. Bitcoin spot ETF. Since its introduction, a total of 198,258 BTC have been mined. This period has also seen substantial sales and purchases by various entities.Grayscale, through its GBTC/BTC holdings, has sold 366,700 BTC. Additionally, the German government has offloaded 50,000 BTC. On the buying side, nine newly launched ETFs have collectively acquired

According to Odaily, Dan Romero, co-founder of Farcaster, recently shared insights on social media platform X regarding the influence of upstream banking partners on the operational policies of fintech and cryptocurrency companies. Romero emphasized that the restrictions on certain business activities and client types within these companies are often dictated by their banking partners, who are guided by their respective regulatory bodies.

Romero described this phenomenon as a form of 'shadow p