16.02.2024 This Week in Crypto
Greetings, esteemed readers! Welcome to another edition of This Week in Crypto, your go-to source for the latest developments in the world of cryptocurrency and blockchain technology. Let’s explore the groundbreaking insights that have been shaping the digital asset landscape:
1- Coin Metrics Research Shows BTC and ETH are Immune to 51% Attacks
2- How the ‘Halving’ Could Impact Bitcoin
3- Uniswap v4 to Launch in Q3 Following Ethereum’s Dencun Upgrade
4- MXC Core-Developer starts accelerating DePIN on MXC zkEVM
1- Coin Metrics Research Shows BTC and ETH are Immune to 51% Attacks
New research from Coin Metrics has unveiled a pivotal discovery regarding the resilience of Bitcoin and Ethereum against 51% attacks. With nation-state attackers eyeing these blockchains, the study reveals that the astronomical costs associated with such attacks render them impractical. The report, conducted by Coin Metrics researchers Lucas Nuzzi, Kyle Water, and Matias Andrade, underscores the formidable defenses that protect both Bitcoin and Ethereum from malicious actors. The findings shed light on the evolving security measures within the crypto atmosphere, marking a significant milestone in safeguarding these foundational networks.
2- How the ‘Halving’ Could Impact Bitcoin
As Bitcoin braces for another halving event, experts weigh in on the potential impact on the network. Amidst market fluctuations and rising institutional interest, the upcoming halving event prompts a closer examination of Bitcoin’s trajectory. From its humble beginnings to its emergence as a digital store of value, Bitcoin’s evolution underscores the complexities of market dynamics and miner profitability. As the crypto community anticipates the next halving, stakeholders prepare for a new chapter in Bitcoin’s journey towards mainstream adoption.
3- Uniswap v4 to Launch in Q3 Following Ethereum’s Dencun Upgrade
The Uniswap Foundation unveils plans for the launch of Uniswap v4, set to coincide with Ethereum’s anticipated Dencun upgrade. In a strategic move to enhance the decentralized finance (DeFi) ecosystem, Uniswap prepares to roll out its latest protocol iteration. With meticulous attention to code integrity and security enhancements, the Uniswap team aims to deliver the most robust iteration yet. As Ethereum undergoes transformative upgrades, the integration of Uniswap v4 signals a new era of decentralized exchange functionality. The impending launch underscores Ethereum’s pivotal role as a catalyst for innovation within the DeFi landscape.
4- MXC Core-Developer starts accelerating DePIN on MXC zkEVM
Exciting developments! MXC Core developer is currently in Shanghai, spearheading the onboarding of more projects with DePIN, focusing on their launch on MXC. Sheen’s efforts are accelerating the adoption of zkEVM Layer3 on Arbitrum. Catch him next at ETHDenver, the world’s largest web3 event, where he’ll be sharing insights and networking with the community. Join us in shaping the future of decentralization!
Want to meet Sheen? Send him a DM on X to connect: https://x.com/sheenhuxin.
As we conclude this enlightening journey through the latest developments in the crypto sphere, remember to stay vigilant and informed. The advancements highlighted today represent pivotal milestones in the evolution of cryptocurrency and blockchain technology.
Stay tuned for next week’s edition of This Week in Crypto, where we’ll continue to unravel the intricacies of this ever-evolving landscape. Until then, remain curious, stay informed, and embrace the transformative power of blockchain technology.
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