Ethereum Foundation Launches Public-Sector Hub for Governments
The Ethereum Foundation’s public-sector hub highlights Bhutan’s digital identity system and an experimental aid platform built around private credentials and payments.
Beacon Chain
The Beacon Chain is a separate blockchain that coordinates the Ethereum network’s transition from proof-of-work to proof-of-stake consensus. It manages validators, organizes block proposals, and oversees the staking process to secure the network. The chain does not process regular transactions or smart contracts but ensures network consensus and synchronization across Ethereum’s shards. Validators deposit ETH to participate in securing the network and earn rewards for proper behavior. The Beacon Chain is a critical component of Ethereum’s scalability and energy-efficiency improvements. It enables a more sustainable, secure, and scalable Ethereum ecosystem.
Latest Beacon Chain News
Consensys Launches Cross-Ledger Settlement Stack for Institutions
Consensys’s Sovereign Network Interoperability stack coordinates institutional transactions across ledgers, with EVM support available and Canton planned.
Bitcoin Drops Below $77,000 as Ether and Solana Slide
Bitcoin slipped below $77,000 as ETH, XRP and SOL weakened, while CoinGlass tracked about $163 million in long liquidations over…
NEAR Voters Approve Plan to Cut Annual Issuance to 1.6%
NEAR’s HSP-029 passed its tokenholder vote, backing a 24-month issuance cut from 2.5% to 1.6%. Security Council review and validator adoption remain.
Lisk Closes Its L2 as Users Face Uncertain Asset Recovery
Lisk has closed its Portal and Bridge as its L2 winds down. A January claims process is planned, but asset recovery is not guaranteed; LSK continues…
ZachXBT Flags Suspected $106M Crypto Theft From EU Entity
ZachXBT says an unidentified EU entity may have lost more than $106 million from exchange accounts, with funds moving through swaps and multiple chains.
Binance Targets Withdrawals Within 40 Hours After Hack
Richard Teng targets a withdrawal restart within 40 hours of his address and a full reserve report by Monday as Binance rebuilds its infrastructure.
Binance Sets Aside Over $6.34B to Cover Hack Losses
Binance says $5 billion is already held in the affected tokens as it buys remaining assets. The allocation excludes roughly $3 billion frozen.
The $6.3B Binance Hack: Everything We Know So Far
Inside Binance’s $6.3 billion hack: the wallet-signing attack, frozen assets, withdrawal restart target and questions the final investigation must answer.
Binance Pledges to Cover $6.3B Hack Losses as Withdrawals Stay Paused
Binance estimates $6.3 billion in hack losses and $3 billion frozen, pledging full coverage as deposits operate normally and withdrawals remain paused.