Standard Chartered Sees More Crypto Downside After Binance Hack
Geoffrey Kendrick expects further crypto weakness after the Binance hack, while retaining a long-term bullish view on Uniswap.
Beacon Chain - Page 2
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
Binance Hack Report Puts Outflows at $5.57B; Withdrawals on Hold
Binance says withdrawals will resume after security checks and user funds remain safe, as Crypto Briefing reports $5.57 billion in wallet outflows.
Binance Hack Claim Tops $5.6B; Exchange Says User Funds Are Safe
An unverified breakdown alleges $5.613 billion stolen. Tether and Circle report over $2.3 billion frozen; Binance says user funds are safe.
Venice’s October VVV Burns Top $1M, Still Below New Issuance
VeniceStats puts October’s VVV burn value near $1.01 million so far. About 39,967 tokens were burned, still below new issuance at the current rate.
CFTC Chief Says Your Fridge Could Buy Groceries With Crypto Earnings
Michael Selig imagines appliances spending crypto earnings and raises “Know Your Agent” questions about identity, liability and autonomous trading.
Diva Staking Shuts Down Before Ethereum Mainnet Launch
Diva Staking has canceled its Ethereum mainnet launch after funding ran out. Early depositors are being directed to withdraw through Enzyme.
Ripple and Coinbase Expand RLUSD Access Across Trading Platforms
RLUSD goes live on Coinbase’s retail and institutional platforms across XRPL, Base and Ethereum, while Global Exchange collateral support remains planned.
Google Previews Crypto Custody Security Service for 2027 Launch
Google’s MPC service is being tested by financial institutions and Alphabet, with commercial availability planned for early 2027.
Hong Kong Launches 24/7 Trading in Tokenized Public Funds
Hong Kong opens 24/7 secondary trading in two ChinaAMC tokenized money-market funds on PantherTrade, with retail access and Ethereum-based infrastructure.
Vitalik Buterin Backs Kimi’s Limits on AI Hacking Skills
Vitalik Buterin backs Moonshot’s limits on Kimi K3.1 Pro’s hacking skills, arguing that targeted controls can buy time without restricting who uses AI.