Nexon Bags $100 Million in Bitcoin; Inner Mongolia Crypto Mining Exodus

The Ethereum 2.0 network had its first major incident on Saturday, April 24.

As background, there are four main Eth 2.0 software clients: Prysm, Teku, Lighthouse and Nimbus.

Prysmatic Labs, the developer team behind Prysm, tweeted that the incident caused about 15 ETH to be lost in total.

The incident lasted roughly two hours, where more than 403 blocks were missed.

While the impact of this bug was most widely seen on April 24, evidence of it appeared on a smaller scale as early as Jan.

For all Eth 2.0 validators who are not running Prysm client software, there is no action needed.

“It’s not very feature full, not very sexy, but cleanup has to be done.

Once the merge is complete and the network has stabilized, the post-merge, cleanup hard fork will address unnecessary legacy features of a hybrid proof-of-work and PoS model.

Along with sharding, rollups are a way to condense multiple transactions and reduce their size on any given shard.

It also includes leveraging new technologies such as the Verifiable Delay Function to further secure the randomness by which validators are assigned their responsibilities and thereby make it harder for malicious actors to disrupt the network.

As new user accounts and smart contracts are deployed on Ethereum, the size of Ethereum’s state grows larger and larger.

Ideally, anyone should be able to spin up their own computer, also called a node, and verify the transaction history of Ethereum.

Another solution, called “state expiry,” suggests reducing state size by archiving parts of Ethereum’s state that are more than a year old.

“This sounds crazy but it’s actually easier to do both at the same time than it is to do either just statelessness or just state expiry, which is interesting.

The main takeaway from this new and updated roadmap for Ethereum’s development is that a transition to PoS is just the beginning.

All profits made from this staking venture will be donated to a charity of our choosing once transfers are enabled on the network.

Join Christine Kim and Consensys’ Ben Edgington in a CoinDesk podcast series called “Mapping Out Eth 2.0.”  New episodes air every Thursday.

Chief Executive Emma Walmsley said she was focused on GSK’s broader transformation, adding that while GSK’s consumer health business had great prospects and a “fantastic” leadership team, she would focus on the bigger picture.

“There’s a lot going into the model, but the output is very, very simple.”After expanding headcount in recent months, ABR is moving into a new 5,000-square foot office in downtown Manhattan even as the broader asset management industry reduces its real-estate footprint.While the pandemic crash shuttered a number of complex volatility strategies, inflows into exchange-traded products tied to market swings are rising, and new funds are launching including the likes of Simplify Asset Management and a team backed by Bitcoin billionaire Mike Novogratz.

Tesla’s quarterly report on Monday hit targets qualifying Chief Executive Elon Musk for two options payouts worth a combined $11 billion.

None of the companies on which the synthetic shares are based sponsor the tokens, which allow investors to purchase the equivalent of fractions of an underlying share.The tokens have quickly grown in popularity even as Binance says that investors in the U.S., China and some other jurisdictions aren’t able to purchase them because of regulatory restrictions.

About two million baby boomers have been retiring every year since the oldest turned 65 in 2011, but between the third quarter of 2019 and the third quarter of 2020, that number increased to 3.2 million, said Richard Fry, a senior researcher at Pew Research Center.

Under the plan, which he intends to present during a speech on Wednesday to a joint session of Congress, the tax rate on profits from the sale of an asset such as property or a stock would go from 20% to 39.6% for those with income over $1 million a year.

Dogecoin rose as high as 34 cents, and recently rose 21%, after Tesla Chief Executive Elon Musk gave another tweet endorsing the cryptocurrency.

…Read the full story