BTC $84,222.62 +1.66%
ETH $2,730.57 +3.18%
BNB $765.90 +0.40%
XRP $1.51 +2.16%
SOL $119.55 +1.11%
TRX $0.3355 +0.61%
DOGE $0.0951 +2.43%
ADA $0.2535 +4.05%
BCH $312.04 +1.24%
LINK $15.25 +11.55%
HYPE $88.61 -0.39%
AAVE $166.39 +12.37%
SUI $1.14 -3.10%
XLM $0.2327 +11.90%
ZEC $1,425.71 -7.96%
AAPL $337.03 -1.09%
AMZN $246.45 -0.71%
GOOGL $342.02 +0.11%
MSFT $508.00 -1.43%
META $717.04 -2.51%
NVDA $231.25 +3.63%
TSLA $358.88 -2.60%
SNDK $1,735.48 +1.07%
INTC $116.74 -1.87%
SPCX $146.90 -1.26%
MU $1,073.29 +1.30%
AMD $613.58 -0.43%
BTC $84,222.62 +1.66%
ETH $2,730.57 +3.18%
BNB $765.90 +0.40%
XRP $1.51 +2.16%
SOL $119.55 +1.11%
TRX $0.3355 +0.61%
DOGE $0.0951 +2.43%
ADA $0.2535 +4.05%
BCH $312.04 +1.24%
LINK $15.25 +11.55%
HYPE $88.61 -0.39%
AAVE $166.39 +12.37%
SUI $1.14 -3.10%
XLM $0.2327 +11.90%
ZEC $1,425.71 -7.96%
AAPL $337.03 -1.09%
AMZN $246.45 -0.71%
GOOGL $342.02 +0.11%
MSFT $508.00 -1.43%
META $717.04 -2.51%
NVDA $231.25 +3.63%
TSLA $358.88 -2.60%
SNDK $1,735.48 +1.07%
INTC $116.74 -1.87%
SPCX $146.90 -1.26%
MU $1,073.29 +1.30%
AMD $613.58 -0.43%

lam

All
Article
Flash

first_img Ethereum Glamsterdam upgrade passed the rehearsal, scheduled to launch Sepolia on October 6

According to CoinDesk, the Ethereum Glamsterdam upgrade has continued to confirm blocks after adopting new block construction rules this week, passing key tests and paving the way for its planned launch on the Sepolia public testnet on October 6. The Nethermind client subsequently completed performance tests involving one of the biggest changes in Glamsterdam, with all 2,302 tests passing, processing 57.07 billion gas in 3 minutes and 15 seconds, averaging about 2.9 billion gas per second.The benchmark measures the speed of the Nethermind execution software rather than the entire network, testing block-level access lists. This mechanism informs Ethereum nodes in advance about which accounts and storage data will be used in the block, allowing nodes to fetch data and check unrelated transactions simultaneously, whereas the current Ethereum mostly processes related work sequentially, limiting the amount of activity each block can accommodate. About an hour after the testnet launch, Glamsterdam raised the block gas limit from 60 million to 200 million, freeing up space for more payments, token swaps, and other activities per block.The 200 million gas limit allows Ethereum to absorb more activity before users start bidding for block space, thereby alleviating fee spikes during transaction surges or when popular tokens are launched. Larger blocks are also harder to verify, which may make it difficult for small-scale operators to keep up. Glamsterdam aims to gain additional capacity without excessively increasing chain operating costs. This upgrade also extends the block data propagation time from about 2 seconds to 9 seconds and plans to incorporate the handover and payment of block construction and verification into Ethereum's own rules, reducing reliance on external relay services.

first_img Former Alameda CEO Caroline Ellison joins the nonprofit charity organization Manifund

Former Alameda Research CEO Caroline Ellison has joined the nonprofit organization Manifund. Manifund co-founder Austin Chen stated that Ellison will be responsible for developing the organization’s donation platform and enhancing its charitable work. Ellison has been on a trial basis at the organization since July, transitioned to full-time in August, and has been posting work updates under the alias "Carol."Ellison pleaded guilty in December 2022 to fraud and conspiracy charges related to the collapse of the FTX exchange in 2022, which resulted in billions of dollars in customer losses. She cooperated with prosecutors and testified against FTX founder Sam Bankman-Fried, who was sentenced to 25 years in prison. Ellison is set to begin serving a two-year sentence in November 2024 and will be released early in January 2026 for cooperating with the investigation.Chen stated in a post, "I believe in redemption. Caroline has acknowledged her mistakes, is working to repay creditors, and has served time in prison. I hope the world can recognize that too." Ellison expressed excitement about her new position, apologized for her past actions, and thanked Austin for giving her a second chance, stating that he judges her based on her current work performance rather than her past. According to its website, Manifund focuses on artificial intelligence safety and effective altruism projects.

Malone Lam, the mastermind behind the theft of 240 million USD in BTC, will attend a plea agreement hearing this Tuesday

According to Apnews, a young cryptocurrency scam gang stole over 4,100 BTC in August 2024 through "social engineering" attacks, which was worth over $240 million at the time.After the theft, gang members quickly began extravagant spending, including purchasing sports cars, renting luxury homes, flying on private jets, and hiring security personnel. Among them, the alleged mastermind, a 22-year-old Singaporean named Malone Lam, reportedly spent over $569,000 in one night at a nightclub in Los Angeles.Investigations revealed that the suspects impersonated employees from Google and the cryptocurrency trading platform Gemini to trick victims into giving up their Google Drive access and security codes, allowing them to transfer the victims' bitcoins. They then moved the funds through multiple trading platforms and money laundering intermediaries. Their lavish lifestyle eventually drew the attention of law enforcement.One suspect was exposed when their IP address was revealed while hiding nearly $30 million in stolen cryptocurrency assets, leading police to trace it back to the luxury home they rented in California. Another suspect was found with $37 million worth of stolen cryptocurrency assets. Lam was accused of using the stolen funds to purchase a $2 million watch and over 30 vehicles including Porsches, Lamborghinis, and Ferraris.Currently, 18 defendants have been charged, and Lam is expected to attend a plea agreement hearing this Tuesday. The U.S. Department of Justice has already issued rulings against several accomplices, and related cases are still ongoing.
app_icon
ChainCatcher Building the Web3 world with innovations.