Ethereum’s Pectra upgrade faces setbacks on the Sepolia testnet due to issues with a custom deposit contract, affecting execution layer clients and leading to the propagation of empty blocks. This complication raises uncertainty for the anticipated mainnet launch next month, following previous challenges on the Holesky testnet. As the ecosystem expands, ensuring a smooth transition for future upgrades may become increasingly complex.
about Ethereum Pectra Upgrade Faces Setback Due to Sepolia Testnet IssuesBeiko
0 posts last weekChallenges in Reversing Bybit Hack Highlight Limitations of Ethereum Network
An Ethereum developer explained the challenges of reversing the $1.4 billion Bybit hack, noting that the theft involved legitimate-looking transactions through a compromised multisig interface, making intervention technically unfeasible. Unlike past incidents, the complexity of modern cryptocurrency infrastructure and the rapid movement of stolen funds through mixing services complicate recovery efforts. Additionally, previous proposals for irregular state changes faced strong opposition due to concerns over centralization and precedent.
about Challenges in Reversing Bybit Hack Highlight Limitations of Ethereum NetworkXRP Transaction Sparks Speculation Amidst Market Consolidation and ETF Developments
A significant transfer of 20 million XRP, valued at approximately $51.8 million, was made from Gemini to an unknown wallet, sparking speculation about potential accumulation by whales. Despite recent market excitement, XRP has remained stable, trading between $2.30 and $2.83, with a bullish trend anticipated if it breaks above $2.83. Analysts suggest that a breakout could lead to a price target of $3.40, while a drop below $2.30 may see it fall to $1.90.
about XRP Transaction Sparks Speculation Amidst Market Consolidation and ETF DevelopmentsEthereum Developers Set April 8 for Pectra Mainnet Upgrade After Test Runs
Ethereum’s upcoming Pectra upgrade is set for mainnet activation on April 8, following testnet launches on Holesky and Sepolia on February 24 and March 5, respectively. Developers are also debating the scope of the subsequent Fusaka upgrade, with discussions on EIP inclusion and resource allocation ongoing. Despite differing opinions, a timeline to finalize Fusaka’s scope by mid-April has been tentatively agreed upon, aiming to balance impactful changes with network stability.
about Ethereum Developers Set April 8 for Pectra Mainnet Upgrade After Test Runs