Wednesday, May 14, 2025

The Ethereum Blockchain

SmartContracts

Launched in 2015 by Vitalik Buterin, Ethereum is a pioneering blockchain platform that enables decentralised applications and smart contracts. Unlike Bitcoin, Ethereum supports a wide range of programmable features through its Ethereum Virtual Machine (EVM) and the Solidity programming language. This flexibility has made it a cornerstone for decentralized finance (DeFi), non-fungible tokens (NFTs), and various blockchain-based innovations. Ethereum is transitioning to a proof-of-stake model with Ethereum 2.0 to improve scalability and reduce costs, enhancing its role as a leading blockchain platform.

Ethereum Whitepaper

Mainnet & Layer 2 News

Ethereum & L2's

Ethereum’s Pectra Upgrade, Can a Hard Fork Outrun the Macroeconomy?

yfarmx - 0
As Ethereum prepares for its pivotal pectra upgrade on 7 May 2025, the network faces a dual test: delivering technical breakthroughs in staking and scalability, while weathering a volatile macroeconomic climate.
Ethereum & L2's

Aztec Network, Inside Ethereum’s Fully‑Encrypted Layer‑2

yfarmx - 0
Aztec Network is the first Layer‑2 that treats privacy as a birth‑right, not a bolt‑on. Powered by the PLONK proving system and the Rust‑like Noir language, its hybrid roll‑up keeps balances, app logic and identities encrypted while Ethereum verifies every byte.

ZKsync Hack $5 Million in Controlled Return

A Guide to Custom Base Tokens in the ZKsync Stack

Coinbase Introduces cbBTC: Wrapped Bitcoin Aims to Rival BitGo’s WBTC

MakerDAO Rebrands as Sky Ahead of USDS Stablecoin Launch

Eth Price

Arbitrum News

Optimism News

Coinbase Introduces cbBTC: Wrapped Bitcoin Aims to Rival BitGo’s WBTC

Bitcoin yfarmx - 0
Coinbase has made a bold move into the world of decentralised finance (DeFi) with the launch of cbBTC, its own wrapped version of Bitcoin. This ERC-20 token, backed 1:1 by Bitcoin held in custody by Coinbase, allows Bitcoin holders to leverage their assets within the Ethereum and Base ecosystems. Coinbase’s entry into the wrapped Bitcoin market comes at a time of growing competition, particularly with BitGo, whose Wrapped Bitcoin (WBTC) has long dominated the space. With cbBTC, Coinbase aims to provide an alternative while expanding Bitcoin’s utility in DeFi.
Read more

Farcaster: Decentralised Social Networking

Ethereum & L2's John Kamal - 0
Farcaster, a decentralised web3 social protocol built on the Optimism Layer 2 scaling network, has recently piqued the interest of the crypto community, including notable figures like Vitalik Buterin and Jesse Pollack. I find out why...
Read more

Polygon News

Polygon Labs Instroduce the Future of Blockchain with Type 1 Prover

Polygon John Kamal - 0
In a significant breach impacting the cryptocurrency industry, Chris Larsen, the co-founder of Ripple, experienced a substantial Ripple hack involving his personal XRP wallets. This alarming security breach led to the unauthorised access and theft of approximately 213 million XRP tokens, translating to a staggering loss of over $112.5 million. This incident underscores the growing importance of cryptocurrency security.
Read more

Meta to pull NFT sales on Instagram: What it means for the NFT industry

Polygon NFT's John Kamal - 0
When Meta announced its initiative allowing artists to sell NFTs on Instagram, it was seen as a positive development for the struggling NFT industry. Now that the tech giant has terminated the project, web3 enthusiasts have mixed reactions to the sudden move.
Read more

Credit and debit cards will be accepted by Uniswap for cryptocurrency purchases

Bitcoin John Kamal - 0
Through its web app, Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency using debit cards, credit cards, and bank transfers. In most states of the U.S., Brazil, the United Kingdom, and the Single Euro Payments Area, or SEPA, bank transfers will be available.
Read more

zkSync News

ZKsync Hack $5 Million in Controlled Return

Web3 Security yfarmx - 0
ZKsync’s recent exploit resolution highlights the uneasy normalisation of bounty-based restitution in decentralised finance. While the protocol successfully recovered nearly $5 million through a safe-harbour arrangement, the broader context—$1.67 billion in quarterly crypto losses—underscores how rare such recoveries have become. As administrative keys remain a critical vulnerability, governance now faces the more delicate task of deciding what restitution, if any, looks like in practice.
Read more

A Guide to Custom Base Tokens in the ZKsync Stack

Guides yfarmx - 0
A concise yet comprehensive guide to setting up and managing custom base tokens in ZKsync, underscoring the protocol’s evolving possibilities for chain sovereignty and reduced gas fees.
Read more

zkSync and Avalanche Discord Breaches Underscore Urgent Need for Enhanced Security

Avalanche yfarmx - 0
Both zkSync and Avalanche found their official Discord servers compromised today.
Read more

About us

Crypto news that matters, education you’ll actually use, and security tips to keep your assets safer. We give readers the critical analysis and information they need to make smarter decisions and to better understand emerging web 3.0 technologies.

Categories

Latest News

SIM-Swap Culprit Faces 24 Months Over Fake Bitcoin-ETF X Post

Regulation 0
U.S. prosecutors have asked Judge Amy Berman Jackson to sentence 25-year-old Eric Council Jr. to two years in prison for the January 2024 SIM-swap attack that let him seize the Securities and Exchange Commission’s X account and publish a bogus approval of spot-Bitcoin ETFs, briefly jolting markets.

DeFi’s Centralised Gateways Under Fire After Twin Incidents at Curve and ZKsync

Uncategorized 0
Decentralised finance prides itself on tamper-proof code, yet the past two days underlined how exposed its Web2 skin remains.

Mashinsky Sentenced, Celsius Ruling Signals Limits on Leniency

Web3 Security 0
Alex Mashinsky sentenced to twelve years for the Celsius fraud, a ruling that signals Washington’s hard limit on retail deception in crypto.

© 2022 YFarmX. All Rights Reserved.