Federico Carrone, an Ethereum core developer, was released on Monday after being detained by Turkish authorities for about 24 hours over his alleged links to cryptocurrency privacy tools. Turkey’s Minister of Internal Affairs accused Carrone of “helping others misuse Ethereum” through his work on privacy protocols. Carrone believes the charges stem from a January 2022 research paper that he co-authored, examining user privacy on Ethereum and Tornado Cash. “We never helped anyone engage in illegal activity. It was purely research on mixers and their properties,” stated Carrone, who is known pseudonymously as Fede’s Intern. Quick International Support From Well-wishers Secures…
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Co-founder of Tornado Cash is seeking for $1.5 million as his case against the southern district is leaving him with surmounting legal fees to pay. He is now seeking financial support as his legal battle drags on. He is being accused of flouting money laundering laws and violating US sanction laws. In a X post on July 26, Roman explained the mounting legal costs that incur when one is involved in legal proceedings. He also mentioned that this sounds crazy and that the legal team is ‘working around the clock’ He further added, “We’ve forgotten what normal sleep feels like.…
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Solana foundation has exemplified their 2027 roadmap titled as market microstructures that outline major issues with the chain. The foundation has created a long and elaborate roadmap till 2027 to make Solana the foundational layer for Internet Capital Markets (ICM). The term ICM was coined by one of the members of Solana, Akshay. This term takes major areas like entities, currencies, and cultures into its tokenization fold. The term ICM itself refers to a global accessible ledger for the users of the world. According to Solana’s newly released “Internet Capital Markets Roadmap,” shared with CoinDesk, the project’s “original mission” was…
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Fusaka Upgrade: What It Means & When Will It Go Live on Ethereum? The last major update on Ethereum was on May 7, 2025, with the Pectra upgrade. It brought about 11 significant enhancements, primarily focused on improving the network’s speed, cost-efficiency, and overall usability. Key improvements include a substantial increase in the validator stake limit, now allowing up to 2048 ETH (up from 32 ETH), alongside faster validator activation. So how is the Fusaka upgrade different from Pectra? Its primary focus is on deeper scalability through fundamental changes to Ethereum’s data handling and state management, as well as further…
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Fidelity has made another big move into crypto, this time buying 36,110 Ethereum (ETH) for around $113 million. The massive purchase was spotted on the blockchain late Wednesday, sending a clear message. One of the world’s biggest investment firms is doubling down on Ethereum. Fidelity isn’t your average crypto investor. The company manages trillions of dollars and has a long history of cautious, strategic investing. So when it quietly grabs over $100 million worth of ETH, people pay attention. Fidelity now holds more than $1.2 billion worth of Ethereum through its Ethereum Fund (FETH), making it one of the largest…
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Hyperliquid, the decentralized perpetuals exchange that has surged in prominence throughout 2025, has once again reached an all-time high, becoming one of the most dynamic platforms in the digital asset space. The native token, HYPE, soared to $49.75 this week, continuing a trend of record breaking performance that has captured significant investor and developer attention. Launched as a high performance, zero-gas Layer 1 trading protocol, Hyperliquid has carved out a niche among serious traders by delivering a centralized exchange experience on decentralized infrastructure. Its cutting-edge technology, combined with an extraordinary influx of liquidity, community enthusiasm, and wealth generated through a…
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Judging by the looks of it, Ethereum co-founder Vitalik Buterin is a huge fan of the “less is more” concept as he calls on blockchain developers to adopt a minimalist approach when building layer-2 (L2) networks. He stresses simplicity, efficiency, and deep integration with Ethereum’s foundational infrastructure. Buterin’s comments were shared on July 17 on social media network X, following a debate sparked by an Ethereum Foundation researcher Jason Chaskin who proposed that many existing layer-1 (L1) blockchains will increasingly find relevance by transitioning into Ethereum-based L2s. Chaskin argued that Celo’s decision to become an L2 brought several benefits like…
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Tac’s mainnet launch connects Ethereum DeFi apps with Telegram’s 1B+ users via TON, enabling seamless EVM DApp integration without code rewrites. To Understand This Article Better: Ethereum Meets Telegram: Tac’s Mainnet Goes Live In a major step toward unifying the Ethereum and Telegram ecosystems, Tac, a new layer-1 blockchain network, officially launched its mainnet this week. The launch paves the way for Ethereum-based decentralized finance (DeFi) applications to connect directly with Telegram through The Open Network (TON). Tac is designed as an Ethereum Virtual Machine (EVM)-compatible blockchain that enables existing Ethereum dApps to seamlessly integrate into the TON and Telegram…
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Jack Dorsey, co‑founder of Twitter and CEO of Block, has unveiled BitChat, a pioneering peer‑to‑peer decentralized messaging platform. Operating entirely over Bluetooth Low Energy (BLE) mesh networks, the app is designed for secure, offline communication without reliance on internet or centralized servers. His White Paper explains how BitChat enables devices within approximately 30 m of each other to relay encrypted messages via a mesh network, using multi‑hop Bluetooth communication to extend range and reliability. Its “store‑and‑forward” mechanism retains messages temporarily until recipients come online, and messages are divided into ~500‑byte chunks for efficient BLE transmission. End‑to‑end encryption is built in for…
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Quick Takeaways Imagine paying a $100 transaction fee to send crypto from your crypto wallet to a receiver with an Ethereum address. Often this transaction fee is higher which is also why many users have moved to blockchains that are faster, cheaper and secure. Vitalik Buterin – the brain behind Ethereum blockchain has authored EIP – 7983 along with researcher Toni Wahrstätter. This proposal will be implemented on the entire blockchain (protocol wide) for absolute decentralization, which happens to be the most important virtue of blockchain technology. So Does ETH Transactions Will Cost 16.77 Million? No, the improvement proposal devised…