Max Resnick became increasingly critical of Ethereum’s layer 2 scaling approach in recent months, suggesting it should have focused its scaling efforts on the base layer like Solana. Source link
Google unveils new quantum computing chip: Clock ticking for crypto encryption?
One expert says while Willow is a significant development, it’s still far short of being a threat to crypto encryption, at least for now. Source link
DeFi TVL nears 2021 highs on liquid restaking, Bitcoin L2s
Total value locked on decentralized finance protocols is up nearly 150% so far this year. Source link
Maverick Protocol aims to bring ‘MemeFi’ to Base
A newly launched platform dubbed goose.run lets users lend and borrow against memecoins, its team told Cointelegraph. Source link
Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’
The unofficial US head of government efficiency has declared himself a volunteer IT consultant for the Trump administration. Source link
World ID trolls Spotify with ‘Unwrapped’ privacy meme
World’s seemingly playful jab at Spotify comes as the firm faces scrutiny. Source link
Trump follows through on crypto promise, SEC pushes back against Binance: Law Decoded
Donald Trump has nominated Paul Atkins, a pro-crypto former SEC commissioner, to replace Gary Gensler as SEC chair. Source link
Bitcoin MENA 2024: Core DAO talks DeFi growth, blockchain security
Core DAO’s Adam Bendjemil highlighted Bitcoin-based DeFi’s potential at Bitcoin MENA 2024, highlighting security-first blockchain innovation. Source link
Movement Foundation launches Movement Mainnet and MOVE token
Move-based blockchains continue to attract developers due to the expressiveness and unique architecture of the Move programming language. Source link
Australian fintech landscape shrinks, blockchain, crypto take 14% hit
More than 7% of Australian fintechs closed in 2024, with blockchain firms leading the decline, a KPMG report revealed. Source link