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DOGE $0.1130 -2.28%
ADA $0.2611 -4.00%
BCH $425.59 -2.61%
LINK $10.06 -4.68%
HYPE $44.19 +0.71%
AAVE $92.67 -7.08%
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upgrade

Ethereum Foundation releases progress on the Glamsterdam upgrade: the development network is now online, and the Hegotá expansion roadmap is advancing simultaneously

The Ethereum Foundation disclosed the results of a recent interoperability meeting held by core developers in the Svalbard archipelago of Norway and updated the key technical progress for the next phase upgrade, Glamsterdam. During the meeting, multiple client teams collaborated on network scalability and execution layer optimization, making progress in several directions. Developers confirmed that based on the comprehensive results of ePBS, BAL optimization, and the EIP-8037 repricing mechanism, a consensus on the "trusted path" after Glamsterdam has been reached.In terms of the execution layer, ePBS (External Proposer Separation Architecture) has been stably running in the multi-client Glamsterdam-devnet, and the external block builder process has completed end-to-end testing, covering almost all client implementations. Meanwhile, EIP-8037 has been finalized, establishing the fixed cost_per_state_byte model, and complete repricing parameter output has been achieved in bal-devnet-6. The scalability direction Hegotá has also made progress. The FOCIL-related prototype has a runnable implementation, and the scope of account abstraction (AA) requirements has been defined, with the next phase entering the multi-client development network verification stage.Current development focus remains on the final implementation of Glamsterdam while advancing the Hegotá scalability design and subsequent Strawmap route evolution. The development network is online, and functionalities such as FOCIL are expected to continue deepening in the next phase of testing. At the organizational level, this interop meeting also marks the formal initiation of leadership structure adjustments within the Protocol Cluster. The new leaders include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran is responsible for zkVM proof and post-quantum consensus coordination, Kev Wedderburn leads zkEVM development, and Fredrik is in charge of protocol security and the Trillion Dollar Security project.Original Protocol Cluster leadership team members Barnabé Monnot and Tim Beiko will gradually step back from management roles, and Alex Stokes is entering a leave period. The foundation stated that during its term, the Protocol has completed modular advancement and facilitated the launch of the Fusaka upgrade (December 2025), introduced PeerDAS, and enhanced mainnet gas capacity.

Gate's prediction market has completed multiple functional upgrades, with simultaneous expansion of search, classification, and sports derivative gameplay

The digital asset trading platform Gate has announced the completion of a new round of feature upgrades for its prediction market, optimizing multiple modules such as the search system, leaderboard, event classification, and sports gameplay around hot topic discovery, strategy trading, and user interaction efficiency.In this upgrade, Gate has added intelligent search and a "Live & Hot" section, supporting fuzzy keyword matching, hot event recommendations, and real-time hot topic aggregation, helping users discover trading opportunities more efficiently. The platform has also launched a secondary classification system and a "Breaking News" section, covering hot content such as major news, sports events, and cryptocurrency market fluctuations. In the sports prediction market, Gate has introduced derivative gameplay such as point spreads and totals, and optimized the interaction for quick ordering and score selection, further enhancing the trading experience. Additionally, the platform has officially launched a prediction market leaderboard, covering multiple dimensions such as profit and loss, trading volume, and highest profit, strengthening strategy discovery and trading social attributes.Currently, Gate's prediction market has deeply integrated with the Polymarket ecosystem, allowing users to directly access the Polymarket page through the Alpha section on the Gate App homepage and participate in event predictions using USDT in their accounts, further lowering the participation threshold and operational complexity. With a convenient entry point and continuously growing user activity, Gate's performance in the Polymarket partnership channel remains leading, currently ranking in the top three.

LayerZero has been reported to have used multi-signature wallets to trade Meme coins, and the default library contract upgrade mechanism poses risks

According to market news, LayerZero Labs co-founder and CEO Bryan Pellegrino had a heated debate with security researchers today in the ETHSecurity Community Telegram group. The core controversy includes: since LayerZero Labs can immediately upgrade a default library contract without a time limit to forge messages (similar to the case where rsETH was hacked), the LZ OFT, valued at over $3 billion, is recently at risk of being stolen; researcher Banteg pointed out that mainstream projects like Ethena and EtherFi were still using this default library contract weeks ago, and currently, there is still $178 million worth exposed to risk, with these funds coming from projects that are still using the default library.On-chain data shows that LayerZero Labs multi-signature signers participated in non-multi-signature activities such as meme coin trading, DEX exchanges, and cross-chain bridging, which means that the multi-signature keys in the formal environment were connected to websites, increasing phishing risks. Regarding the multi-signature signers of LayerZero using production environment keys for trading activities, Bryan confirmed that the related transactions were completed by members of the multi-signature team, but denied that it was "meme coin trading," explaining it as "testing PEPE on the LZ OFT token standard," and stated that the involved member has been removed. Bryan also suggested that project parties "directly fix configurations" instead of using default configurations to reduce risks. Banteg subsequently tagged a long list of LayerZero users still using the default library contract, pointing out that these projects should migrate to fixed configurations as soon as possible.

Opinion: The Bitcoin community is reaching a preliminary consensus on quantum threats and promoting a roadmap for quantum-resistant upgrades

According to FinanceFeeds, Alex Thorn, the research director of Galaxy Digital, stated that as advancements in quantum computing hardware accelerate, the Bitcoin community is shifting from decentralized debates to forming a preliminary consensus on quantum threats. The core direction is to gradually introduce post-quantum cryptography (PQC) through soft forks, achieving an upgrade of the address system and long-term security assurance.The report points out that the current Bitcoin signature mechanism, which uses the Elliptic Curve Digital Signature Algorithm, can theoretically be cracked by Shor's algorithm. Approximately 2 million BTC from early p2pkh addresses are at risk because their public keys have been exposed, facing the potential risk of "collecting first and decrypting later." The community tends to promote a "migration window" mechanism to guide users in transferring their assets to new quantum-resistant addresses, and after a multi-year grace period, to implement freezing or destruction of untransferred assets to prevent large-scale market impacts in extreme situations. Additionally, the consensus includes enhancing "cryptographic agility," which allows protocols to switch signature algorithms without interrupting the network.The current proposal leans towards a dual-signature mechanism that uses ECDSA and PQC (such as Dilithium) in parallel, ensuring security redundancy while facilitating a smooth transition. Analysts believe that this approach transforms the quantum threat from a "black swan event" into a manageable technological upgrade, helping to solidify Bitcoin's security foundation as a long-term store of value asset.

Gate founder and CEO Dr. Han: AI and Web3 accelerate product iteration, driving continuous upgrades in user experience

Gate founder and CEO Dr. Han recently stated in an interview with The Block that the integration of AI and Web3 is accelerating efficiency improvements in the industry. The company has fully opened AI enterprise accounts for team members and is widely applying them in scenarios such as coding and development, significantly enhancing overall productivity.On this basis, the product iteration pace has been drastically compressed from "updates every few weeks" to "daily updates." Meanwhile, Web3 provides AI agents with automated payment capabilities, achieving low-cost and high-efficiency fund settlement through on-chain protocols. AI has also become an important tool for dealing with vast on-chain assets, capable of quickly completing liquidity screening and trading path optimization based on instructions.When discussing compliance and industry competition, Dr. Han pointed out that current crypto trading platforms have become homogenized in terms of product experience, but intense competition continues to drive overall service level improvements. Gate has currently achieved regulatory coverage in 81 jurisdictions worldwide, with compliant operations covering 46 states in the United States, and has obtained the European MiCA license, which covers 29 European markets, while also obtaining relevant licenses in Dubai, Japan, and Australia. Blockchain is gradually evolving from a single cryptocurrency carrier to an infrastructure that supports diverse assets.Dr. Han believes that with the ongoing integration of AI and Web3, Gate is continuously optimizing user experience and extending the platform into broader everyday use scenarios.
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