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Ethereum, Base wallet standards talks fail, Ethlabs researcher says

Efforts to establish a shared account abstraction (AA) standard between Ethereum and Base have ended without agreement, leading each platform to pursue its own path. According to Ethlabs researcher Derek Chiang, interoperability took a backseat to each chain's core priorities, a decision that places the integration burden on wallet developers. They may now need to support separate transaction formats to maintain a consistent user experience across networks. Ethereum is advancing its "Frame Transactions" proposal (EIP-8141) as part of the upcoming Hegotá upgrade, focusing on native AA and future post-quantum security. Meanwhile, Base is developing its own native AA implementation via "Keystore" under EIP-8130, already active on its devnet. This divergence reflects differing focuses: layer-1 networks like Ethereum prioritize censorship resistance and security, while scalability-oriented layer-2s like Base align more with standards like EIP-8130. Despite the split, Chiang suggests it allows both chains to innovate freely according to their visions. Ethereum's Hegotá upgrade is tentatively slated for late 2026, following the major Glamsterdam upgrade aimed at improving scalability and usability.

cointelegraphHace 14 hora(s)

Ethereum, Base wallet standards talks fail, Ethlabs researcher says

cointelegraphHace 14 hora(s)

Solana Triples Its Transaction Processing Capacity. What's Next?

Solana has deployed a significant upgrade, "Transaction V1" (txv1), to its mainnet, testnet, and devnet. This update triples the network's transaction capacity by increasing the maximum serialized transaction size from 1,232 bytes to 4,096 bytes. The change allows developers to include more instructions and data within a single atomic transaction, a key advantage for complex operations in DeFi, tokenized assets, and payment solutions. Previously, developers had to break operations into multiple transactions or use bundles, which lacked the same atomic guarantees. Key changes in V1 include moving computational resource limits and priority fees into transaction settings for easier infrastructure access and removing Address Lookup Tables (ALTs). While removing ALTs simplifies transactions, it increases their size as accounts are now included directly. Analysis shows over 62% of legacy v0 transactions used at least one ALT. The upgrade arrives as Solana sees significant growth, with nearly $8 billion in Total Value Locked (TVL) and over $4 billion in real-world assets on the network. However, analysts note that broader adoption and increased transaction activity do not automatically follow technical improvements. Operators, including RPC providers, indexers, validators, and wallet providers, must update their systems to support the new transaction format. Specific actions include updating software versions and correctly parsing the new V1 structure.

cryptonews.ruHace 16 hora(s)

Solana Triples Its Transaction Processing Capacity. What's Next?

cryptonews.ruHace 16 hora(s)

EU Mandates Reporting Crypto Wallet Vulnerabilities Within 24 Hours

The European Union's updated Cyber Resilience Act, effective from September 11, mandates that EU-registered cryptocurrency wallet developers report security vulnerabilities within 24 hours of discovery. A detailed initial statement is required within 72 hours, with a final incident report due within 14 days of deploying a fix (or within a month for serious incidents). Notifications must be submitted via the ENISA's Single Reporting Platform to national CSIRTs, which then alert relevant teams across the EU. Manufacturers are also obligated to inform all affected or potentially vulnerable users. This regulatory move follows heightened security concerns in the wallet sector. Recent incidents include the exploitation of a multi-year vulnerability in Coldcard hardware wallets, leading to the confirmed theft of at least 1,778.84 BTC (~$112.7M). Other manufacturers like Trezor, BitBox, and SafePal have faced data breaches and phishing attacks targeting their user bases. Additionally, projects are under increased scrutiny from groups like Bitcoin Red Team, which uses AI to scan for potential vulnerabilities.

cryptonews.ruAyer 08:26

EU Mandates Reporting Crypto Wallet Vulnerabilities Within 24 Hours

cryptonews.ruAyer 08:26

Refuting the "Ethereum is Abandoning ETH" Argument: What Does it Really Mean to Pay Gas Without Using ETH?

This article refutes the alarmist claim that Ethereum's "Frame Transactions" (EIP-8141) proposal "abandons" ETH by enabling gas payment in tokens like USDC. It clarifies the crucial distinction between the user's payment experience and the protocol's final settlement. Currently, a user must hold ETH to pay gas fees. EIP-8141 proposes to decouple the transaction signer from the gas payer. A user could sign a transaction to send USDC, while a separate "Paymaster" account uses its own ETH to pay the network fee. The user then reimburses the Paymaster in USDC. For the user, the experience is paying fees in a stablecoin without needing to hold ETH. For the Ethereum protocol, gas is still paid in ETH. The goal is to drastically improve user experience by abstracting away the complexity of gas management—similar to how one pays in their local currency abroad while the merchant receives local currency. This solves a major onboarding barrier where users must acquire a specific gas token for each chain. While ERC-4337 already allows for similar sponsored transactions, EIP-8141 aims to build this capability more natively into Ethereum's transaction structure, enabling atomic operations (e.g., combined approval and swap) and greater flexibility. Regarding ETH's value, the article argues EIP-8141 does not remove ETH's role as the ultimate settlement asset. Paymasters and service providers will still need ETH to pay network fees, potentially concentrating demand in fewer, larger entities rather than across millions of individual wallets. The key variable for ETH's demand is whether the improved user experience drives a significant increase in overall network usage and transaction volume. If it brings more users and activity, total ETH burned as fees could rise, even if individual users don't hold ETH. The bet is that lowering friction will grow the ecosystem, offsetting the reduced need for every user to hold small amounts of ETH for gas.

marsbitHace 2 días 04:26

Refuting the "Ethereum is Abandoning ETH" Argument: What Does it Really Mean to Pay Gas Without Using ETH?

marsbitHace 2 días 04:26

Refuting the Ethereum 'Abandoning' ETH Narrative: What Does It Really Mean to Pay Gas Without ETH?

Title: Refuting the "Ethereum Abandoning ETH" Argument: What Does Paying Gas Without ETH Really Mean? The debate sparked by Vitalik Buterin's discussion of EIP-8141 (Frame Transactions), which suggests users could pay transaction fees without holding ETH, has led to extreme claims that ETH will lose its value. However, this perspective misunderstands the proposal. Currently, an Ethereum user initiating a transaction must also pay the network's Gas fee in ETH. EIP-8141 aims to decouple these actions. It allows a transaction to be split into separate "frames." A user could sign a transaction to, for example, send USDC, while a separate Paymaster account pays the required ETH Gas fee on their behalf. The user would then settle the cost with the Paymaster using USDC or another token. From the user's perspective, they pay in a stablecoin without interacting with ETH. Crucially, from the Ethereum protocol's perspective, the Gas is still paid in ETH; only the settlement layer between the user and Paymaster changes. This concept isn't entirely new; ERC-4337's Account Abstraction already allows similar Gas sponsorship. EIP-8141 seeks to integrate this capability more natively. The core goal is to drastically improve user experience by abstracting away the complexity of Gas, similar to how one pays with a credit card abroad without handling the local currency. It also enables atomic operations, like bundling token approval with a swap, which would revert together if the swap fails. Regarding ETH's value, the argument that "no ETH is needed" is incorrect. While users may not hold ETH, Paymasters and services must still acquire and spend ETH to pay network fees on the backend. The demand for ETH shifts from being distributed across millions of user wallets to being concentrated in the balances of these service providers. The key variable is whether this improved usability attracts significant new users and increases overall network activity. If it does, total ETH burned in fees could rise substantially. If it doesn't, the change merely reshuffles who holds the ETH needed for Gas. In summary, EIP-8141 aims to lower the entry barrier by hiding Gas complexity, betting that this will drive broader adoption and increase the fundamental utility—and thus demand—for the Ethereum network and ETH itself.

marsbit09/12 08:00

Refuting the Ethereum 'Abandoning' ETH Narrative: What Does It Really Mean to Pay Gas Without ETH?

marsbit09/12 08:00

Trezor Cryptocurrency Wallet Manufacturer Discloses Number of Victims in Data Leak

Cryptocurrency wallet manufacturer Trezor has disclosed that approximately 347,000 customer email addresses were compromised due to a breach at its third-party email service provider, Brevo. The attackers used this access to send phishing emails from Trezor's official domain on September 9, which contained a link to a malicious application designed to steal wallet recovery information. Trezor blocked the fraudulent download site within 20 minutes, but not before around 2,500 individuals had clicked the link. The company emphasized that Trezor hardware wallets and user accounts were not directly hacked. Funds remain safe for users who only clicked the link but did not submit their recovery seed. The broader Brevo breach reportedly affected 120 customer accounts, enabling phishing campaigns impersonating various companies. Trezor has warned users to delete suspicious emails, avoid clicking links, and never share personal information or wallet recovery phrases. If a user has already entered wallet details via the phishing link, they should immediately transfer all funds to a new wallet. In response to this incident, Trezor pledged to review its supplier relationships and security requirements. This marks the company's second data breach in recent months, following an August incident where personal data of 13,700 customers was exposed after a hack at shipping service ShipMonk.

cryptonews.ru09/11 13:52

Trezor Cryptocurrency Wallet Manufacturer Discloses Number of Victims in Data Leak

cryptonews.ru09/11 13:52

You Thought It Was a Security Compliance Check, But Ended Up Handing Over Your Assets to Hackers

This article details a growing scam involving fake Anti-Money Laundering (AML) websites. Cybercriminals exploit users' compliance anxieties by creating professional-looking sites that mimic legitimate AML screening services. These fraudulent sites prompt victims to connect their crypto wallets for a "security check," a key red flag, as genuine AML checks only require a public address. Once connected, users are tricked into signing malicious transactions, often under the guise of paying a small "verification fee." This approval grants attackers permission to drain the wallet's assets, which may occur weeks or months later. The piece outlines a five-step trap and concludes with three critical rules for protection: never connect your wallet for an AML check (only provide a public address), be wary of any fee requests, and regularly review/revoke wallet authorizations. The core lesson is that scammers are weaponizing trust in security procedures, turning a user's attempt at self-protection into the very cause of their loss.

marsbit09/11 10:55

You Thought It Was a Security Compliance Check, But Ended Up Handing Over Your Assets to Hackers

marsbit09/11 10:55

Liquid Network Restarts Block Production After $320M Bitcoin Exploit

The Liquid Network has resumed block production after a major security incident that resulted in the unauthorized withdrawal of approximately $320 million worth of Bitcoin from its federation wallet. While block generation and validation have restarted following a critical software upgrade, user transactions, withdrawals, and peg operations remain frozen. This partial restart is a cautious step toward normalcy. The exploit occurred when attackers exploited a vulnerability in the proof-verification protocol, allowing them to issue unbacked L-BTC tokens. These tokens were then used to withdraw nearly 4,000 BTC from the federation's reserves. Liquid has identified the perpetrators as white-hat hackers. Following the implementation of security patches, the attackers returned approximately 3,400 BTC, covering about 85% of the stolen funds. The network's operations, including the ability for users to transfer or cash out assets, will remain restricted until reserves are fully restored.

TheNewsCrypto09/11 07:50

Liquid Network Restarts Block Production After $320M Bitcoin Exploit

TheNewsCrypto09/11 07:50

Coinbase Renamed Base App Back to Coinbase Wallet

Coinbase has rebranded its "Base App" back to "Coinbase Wallet." According to product lead Ryan Kass, the name change better reflects the app's role as Coinbase's non-custodial gateway to a universal marketplace for trading any asset. Originally conceived as a "super-app" integrating social features, payments, and mini-apps—including creator and content tokens—the social experiment did not achieve the expected sustainable economic model. CEO Brian Armstrong and Base creator Jesse Pollack acknowledged this shift, with Pollack stating he was wrong in believing social products alone would bring a billion users to crypto. The focus has now pivoted squarely to trading. The revamped Coinbase Wallet has expanded its supported networks to include competing chains like Robinhood Chain, aiming to offer users asset choice regardless of platform rivalry. Kass highlighted the cyclical nature of trader interest between networks like Robinhood Chain and Base, expressing confidence that Coinbase Wallet will be ready when attention returns to Base. The wallet will also serve as a testing ground for new assets and features before they potentially reach Coinbase's main retail app. While social functionalities aren't entirely ruled out, future development will be user-driven rather than a core product foundation.

cryptonews.ru09/11 06:51

Coinbase Renamed Base App Back to Coinbase Wallet

cryptonews.ru09/11 06:51

DeFi Platform Empowa Reports Theft of Large Amount of ADA and NIGHT

The DeFi platform Empowa reported a theft of a significant amount of ADA and NIGHT tokens from its treasury. Between November 2025 and June 2026, a total of 143,710 ADA was withdrawn from the treasury wallet on the Cardano network. The same wallet, unbeknownst to the team, also held 48,219 NIGHT tokens from a Midnight project airdrop, with a quarter of them remaining locked. Suspicious activity began on November 26, 2025. The perpetrator used an intermediary address to supply 100,000 ADA as collateral to borrow USDCx on the Liqwid lending protocol, later converting and bridging assets out of Cardano. In a second incident from June to August, 4.24 million of Empowa's native EMP tokens were taken from two addresses. Approximately 850,000 EMP were sold for ADA on DEXs, converted to USDCx, with 4,810 USDCx sent to the same intermediary address from the first theft. Empowa's investigation suggests the attacker has controlled the private keys for an extended period, using the treasury wallet to claim NIGHT tokens. The team has ruled out any connection to the June hack of the SecondFi platform, noting their compromised wallets were corporate-grade. Blockchain experts are involved, and Empowa plans to pursue legal channels if stolen funds reach centralized exchanges, while insider involvement is a suspected but unproven theory.

cryptonews.ru09/10 21:00

DeFi Platform Empowa Reports Theft of Large Amount of ADA and NIGHT

cryptonews.ru09/10 21:00

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