Author: John Smith
Ronin L2 migration completed May 12, ending four years as a sidechain after a 10-hour network shutdown. Summary Ronin executed its hard fork at block 55,577,490 on May 12, completing a transition to an OP Stack Ethereum Layer 2 with 10 hours of downtime. RON token inflation drops from over 20% to below 1% under a new Proof of Distribution model that rewards active builders over passive stakers. Partners including Optimism, Conduit, Boundless, and EigenLayer supported the migration, with EigenDA handling off-chain data availability. The Ronin L2 hard fork executed at block 55,577,490 on May 12, transitioning the gaming blockchain…
Ethereum’s new ERC‑7730 Clear Signing standard replaces hex gibberish in wallet prompts with human‑readable, auditable transaction summaries to slash phishing and blind signing losses. Summary The Ethereum Foundation’s Clear Signing working group and Ledger co‑designed ERC‑7730, a standard that turns today’s cryptic wallet calldata into plain‑language transaction summaries. Clear Signing uses a JSON description format, a public registry tied to contract addresses, and third‑party audits so wallets can show accurate, WYSIWYS intent without changing on‑chain logic. The push comes as phishing and approval scams outpace protocol hacks; incidents like the CoW DAO domain hijack and Binance’s 22.9M blocked phishing attempts…
Poland’s Sejm is reviewing four rival crypto bills while the PiS opposition dangles a separate ban proposal, turning MiCA implementation into a high‑stakes regulatory brawl. Summary The Polish Sejm has begun simultaneous review of four competing cryptocurrency regulatory bills, with a second reading vote expected Thursday, after President Karol Nawrocki vetoed related legislation twice. The central dispute is over how much power to give financial regulator KNF to freeze accounts and levy fines, with maximum penalties ranging from roughly 20 million zlotys ($5.5 million) in the presidential draft to 25 million zlotys ($6.9 million) in the Ministry of Finance version.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BASIS goes live after testing phase, targeting high-speed digital asset infrastructure for institutional markets. Summary BASIS is now live after private testing, focusing on high-speed digital asset execution infrastructure. Built with Base58 Labs, BASIS targets low-latency arbitrage across exchanges under real market stress conditions. BASIS uses a market-neutral staking model to distribute arbitrage-based returns to participants. Following the successful completion of its private testing phase, BASIS is now officially live, with the platform publicly accessible at basis.pro as the…