Tech News — Page 6
Blockchain engineering, security, scaling, AI and the technology behind digital finance.
A UK government petition calling for a pro-innovation blockchain and stablecoin strategy has gained traction after Coinbase urged its users to sign. The petition seeks stablecoin regulation, blockchain adoption in government, and a dedicated crypto policy leader. It has passed 5,000 signatures and needs 10,000 for an official response, with 100,000 triggering a parliamentary debate.
Bubblemaps has alleged the largest Sybil attack in crypto history on MYX Finance’s airdrop, flagging 100 wallets that claimed $170 million worth of MYX tokens under suspicious conditions. MYX denied wrongdoing, citing trading activity and anti-Sybil measures, but Bubblemaps dismissed the response as vague. The case highlights growing concerns over large-scale airdrop farming operations, such as massive phone farms used to exploit token giveaways.
Binance has teamed up with Franklin Templeton to launch tokenization ventures, combining securities with blockchain-based trading infrastructure. The collaboration aims to boost efficiency in settlement, collateral management, and portfolio construction while expanding institutional access. Binance will provide its global reach, while Franklin Templeton contributes tokenization expertise.
NFT sales volume fell to $91.9 million in the first week of September, the lowest since mid-June, according to CryptoSlam. Unique NFT buyers dropped 58% from June peaks, while sellers fell 43%, and average sale prices slid 30% in just two weeks. Despite the slowdown, total transactions remained high at 1.27 million. Earlier momentum in July and August was fueled by adoption drivers such as Coinbase’s Base network and cultural showcases like Ibiza’s permanent NFT art gallery.
Coinbase CEO Brian Armstrong says over 40% of the platform’s code is now AI-generated, with plans to raise that figure to 50% by October. The move highlights Coinbase’s strategy to integrate AI deeply into its operations while training its workforce to become “AI-Natives.”
Ripple’s long legal fight with the SEC was influenced by the activism of the XRP Army, according to lawyer John Deaton. Thousands of XRP holders submitted affidavits, petitions, and coordinated campaigns, which Judge Torres later cited in her ruling that XRP itself is not a security.
Starknet confirmed that all transactions from the affected block must be resubmitted and promised a full report detailing the root cause and future prevention measures.
Several WLFI scams have surfaced around the token’s launch, with Bubblemaps flagging clone contracts mimicking real projects. The WLFI team cautioned users to ignore direct messages and verify emails only from official domains to avoid fraud.
Solana’s upcoming Alpenglow upgrade is set to drastically cut transaction finality from 12.8 seconds to just 150 milliseconds, with over 99% of votes in favor so far. Introduced by Anza in May, it’s being called Solana’s biggest protocol upgrade yet, potentially making it even faster than Google searches. The upgrade replaces existing consensus systems with Votor (for faster block finalization) and Rotor (for quicker data sharing), promising nearly 100x speed improvements. While it won’t solve Solana’s history of outages, the arrival of the independent Firedancer client later this year is expected to improve network stability. If approved, Alpenglow will cement Solana’s position as one of the fastest layer-1 blockchains, expanding use cases far beyond payments and trading.
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