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Ethereum Activates ‘Pectra’ Upgrade, Raising Max Stake to 2,048 ETH

Ethereum activated its long-awaited “Pectra” upgrade on Wednesday, marking the blockchain’s most significant overhaul since the Merge in 2022. The update aims to streamline staking, enhance wallet functionality, and improve overall efficiency. It …

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Strategy’s $84B Bitcoin Expansion Plan Backed by Wall Street Analysts

Wall Street analysts are standing firmly behind Strategy’s (MSTR) aggressive escalation of its bitcoin (BTC) acquisition strategy after the company unveiled plans to double its capital-raising ambitions. “While the number of companies that have …

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How $330M BTC Hacker May Have Doubled Down on Monero Derivatives

There’s something that stands out about Monday’s suspicious transfer of more than 3,520 BTC ($330.7 million) to privacy coin monero (XMR), a conversion that blockchain sleuth ZachXBT said was probably linked to a hack: coordinated activity in the …

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The Protocol: Will ETH Developers Swap Out the EVM for RISC-V?

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Vitalik Buterin Proposes Replacing …

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1 In 5 Cross-Chain Crypto Investigations Involve More Than 10 Blockchains, Elliptic Finds

Crypto criminals are taking increasing pains to evade detection, moving assets between a multitude of blockchain ecosystems in an effort to throw investigators off their trail. A full 20% of complex cross-chain investigations now span more than 10 …

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Private Equity Giant Apollo Invests in Real-World Asset Platform Plume

Plume, a blockchain platform focused on real-world assets (RWAs), said on Tuesday it secured an investment from funds managed by private equity giant Apollo Küresel Management as it looks to scale up its infrastructure and bring more traditional …

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Manufacturers Are Building ASICs That Look More Like Servers. Here’s Why

In the beginning, there were only CPUs, then GPUs, for bitcoin mining. Then came the mighty ASIC in 2013, and with it, the “shoebox” form factor that has become emblematic of the bitcoin mining industry. What comes next? Will the shoebox design …

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Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill

U.S. Senator Kirsten Gillibrand (D-N.Y.), one of the leading Democrats supporting crypto legislation, warned the industry against pushing for a “watered-down” version of the long-awaited stablecoin legislation currently moving through the Senate …

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The Protocol: Ethereum’s Pectra Goes Live on Testnet

Also: Avalanche Visa card launched; EF executive director leaving; hackers using fake GitHub to steal bitcoin.

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XRP in Focus as Ripple Releases Institutional Roadmap for XRP Ledger

Fundamental investors tracking XRP have more reason to cheer as a planned set of features aims to make the XRP Ledger, the network underpinning that token, even more appealing for institutional usage. XRP prices are up 2.2% in the past 24 hours …

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