Ethereum
Ethereum core developers proposed increasing the maximum amount of staked ETH to become a validator from 32 ETH to 2,048 ETH amid growing wait times in the activation queue.
Business
Bankrupt crypto exchange FTX paid $121.8 million in legal and advisory fees between Feb. 1 and April 30, according to data compiled by The Block.
DeFi
Developers claim that the Layer 2 scaling solution will support 4000 transfers transactions per second at a cost lower than $0.005.
The blockchain security firm said that the critical vulnerability had the potential to disrupt Sui’s entire Layer 1 network.
An internal market making desk at the crypto exchange reportedly attempts to boost liquidity on the platform.
The proposed measures include creating new crypto wallets that only Binance.US personnel will be able to access.
Do Kwon said he “traveled all over the world” with the Costa Rican passport and had no reason to doubt its authenticity.
The Texas State Securities Board alleged that Abra has been insolvent for months in an emergency cease and desist order.
Binance’s U.S.-based subsidiary reportedly cut 50 positions from its workforce in anticipation of a multi-year costly litigation process.
Terra founder Do Kwon will be held in Montenegro custody for six months as the court considers extradition requests from South Korea and the U.S.
