Yagyesh Jaiswal

Exploring Surf Protocol and Solv Protocol on Merlin Chain

This article explores Surf Protocol and Solv Protocol, two pioneering projects on Merlin Chain that are reimagining derivatives trading and unlocking Bitcoin's potential through DeFi.

Yagyesh Jaiswal

Surf and Solv are closely integrated and complement each other well, bringing extensive liquidity and novel primitives to Merlin Chain. As more projects migrate to Merlin, it is cementing its position as a premier hub for Bitcoin layer 2 applications and unlocking new possibilities for the entire cryptocurrency economy.

EU Bans Anonymous Crypto Use: Financial Freedom at Risk

The European Union has approved new anti-money laundering laws that will prohibit anonymous cryptocurrency payments and the use of unidentified self-custody wallets.

Yagyesh Jaiswal

Though intended to curb criminal activity, critics argue these measures will deprive citizens of financial freedom and privacy while having little real impact on illegal behavior. The changes face opposition from those who see them as an erosion of personal liberty.

Polkadot Whale Sued by Community over Fraudulent $1 Million Memecoin Proposal

A proposal has been submitted to the Polkadot treasury to fund legal fees in a lawsuit against Giotto, a Polkadot whale accused of misusing community funds via a fake meme coin proposal.

Yagyesh Jaiswal

This article details the events surrounding proposal #603 on Polkadot which seeks to file a lawsuit against Giotto for damages incurred from a misleading proposal around the fake coin $DED. Community distrust has grown and legal action may be the only way to hold Giotto accountable for his actions.

Estonia Sets New Rules for Crypto Providers

Estonia has enacted legislation to regulate cryptocurrency service providers, enhancing security and supervision. This article provides an overview of the changes, including stricter requirements and increased oversight.

Yagyesh Jaiswal

Estonia has passed legislation imposing stricter regulations on cryptocurrency service providers, now under the supervision of the Financial Supervision Authority (FSA) to increase security and reliability in the crypto industry.

Base Dominates Ethereum Layer-2 Fees Amid Trading Surge

Discover how Coinbase-supported Base leads Ethereum layer-2 networks in transaction fees due to a surge in trading activities. Learn about the factors contributing to this trend and its implications for traders.

Yagyesh Jaiswal

Coinbase-backed Base experiences the highest transaction fees among Ethereum layer-2 networks, attributed to a surge in trading activity and high network traffic. Despite the fees, its popularity continues to rise among crypto traders.

Coinbase Secures Approval for Cryptocurrency Futures

Coinbase secures CFTC approval to list futures for Dogecoin, Bitcoin Cash, and Litecoin, sparking significant price gains for the cryptocurrencies and potential regulatory shifts.

Yagyesh Jaiswal

Coinbase's futures listings for Dogecoin, Bitcoin Cash, and Litecoin receive CFTC approval, leading to notable price surges for the tokens and indicating a shift in regulatory perspectives.

New Vulnerability in Apple's Chips Allows Secret Key Theft

A recently discovered side-channel vulnerability inherent to Apple's M1 and M2 system-on-chips could potentially allow malicious attackers to extract cryptographic secrets like wallet encryption keys.

Yagyesh Jaiswal

While mitigations exist to help reduce the risk, performance costs may be significant - highlighting the need for hardware designers to prioritize security when implementing optimizations like prefetching. Constant-time programming remains a crucial defense against such microarchitectural attacks.

Daily Volume on Base Passes $356 Million After 51% Increase

The daily trading volume on the Ethereum Layer 2 network Base witnessed a strong growth of 51%, reaching an all-time high of $356 million today.

Yagyesh Jaiswal

Fueled by the recent upgrades to the Ethereum network, daily activity on the Base network achieved new records in terms of trading volume and users, cementing its position as one of the leading Layer 2 scaling solutions.

Major Analyst Raises BTC Price Target to $90K

Leading financial services firm Bernstein has upped its 2024 year-end bitcoin price target to $90,000, citing an improving mining environment and ongoing institutional adoption.

Yagyesh Jaiswal

With powerful tailwinds like the upcoming halving, growing ETF inflows and expanding mining operations all converging, Bernstein analysts see significant upside potential for bitcoin over the next ten months.

SEC Delays Ethereum ETF Approvals, Dims May Expectations

The SEC postpones the decision on Ethereum ETFs, including those with staking features, lowering the prospects of approval by the anticipated May deadline.

Yagyesh Jaiswal

The SEC has delayed the approval of Ethereum ETF applications, dampening expectations for a May decision despite the addition of staking features by firms like Fidelity and Grayscale.