Ethereum average gas fees drop 95% one year after the Dencun upgrade

The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum’s most significant network improvements. On March 13, 2024, Ethereum’s Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer. It also introduced nine … Read more

Crypto Trading Volumes Dropped 20% in February as Tariffs Threats Fazed Investors

Crypto trading volumes dropped sharply in February as concerns that President Donald Trump’s tariffs on Mexico, Canada and other countries would stifle international trade reduced investor demand for adding to risky investments. Combined spot and derivatives trading volume on centralized exchanges fell 21% to $7.2 trillion, the lowest level since October, according to CoinDesk Data’s … Read more

Why AI Needs to Lose (a Little) to Recognize Your Face Better

Significant progress has been made in Face Recognition in recent years. This review offers a brief overview of key tasks, models, and solution methods, focusing on the evolution of loss functions. Simply put, Face Recognition is a method of identifying or verifying a person’s identity using photos, videos, or real-time footage. This review will explore … Read more

Meta is launching Community Notes in the US next week

Next week, Meta will begin one of the company’s most significant overhauls ever for how it fact-checks information on its platforms. On March 18, Meta will start releasing its version of Community Notes for Facebook, Instagram, and Threads users in the United States. The program copies a crowdsourced fact-checking system that Twitter unveiled in 2021 … Read more

Solv Raises $10M for Bitcoin Reserve Offering to Drive Institutional BTC Finance Adoption

Bitcoin (BTC) staking platform Solv has raised $10 million for its Bitcoin Reserve Offering (BRO) as it aims to build a $100 million BTC reserve. BRO merges aspects of traditional convertible bonds with crypto-native features to drive institutional adoption of BTC finance, according to an emailed announcement shared with CoinDesk on Thursday. Solv is attempting … Read more

Message threads are coming to WhatsApp

WhatsApp is working on a feature that will group replies to specific messages into a thread, making it easier to keep track of conversations. Instead of scrolling through chats to see scattered individual replies, the feature will create a dedicated view showing every quoted message connecting back to the original message that started the thread, … Read more

Crypto Daybook Americas: The 2 Factors That Suggest a Quarter-End BTC Price Rally

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has steadied over the past two days, with bitcoin briefly topping the 200-day simply moving average at $84,000 early today. Wednesday’s softer-than-expected U.S. CPI release aided the sentiment by validating traders’ pricing of four interest-rate cuts by the Federal Reserve this year. The … Read more

Solana’s Block Propagation Problem Was Huge—Here’s How They Fixed It

In traditional blockchains, block propagation occurs through a peer-to-peer network in which new blocks and transactions are broadcast to all propagating nodes. This process usually happens sequentially or is flooded. However, this method is not scalable, as it becomes difficult to manage as the network grows due to the sheer number of communications. Let’s consider … Read more

Turkey tightens crypto regulations with new rules for exchanges, custodians

Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers. The framework grants the CMB full oversight of crypto platforms, ensuring compliance with … Read more

Why Solana’s Consensus System is Both Genius and a Hardware Hog

A special thanks to Emmanuel Awoskia (2077 Collective), Zaddycoin (Shoal Research), Brady and Lostin (Helius), Dankrad, Bithiah Koshy (StablesMusings), Benjamin Sturisky (Starknet), Ceteris, Ashwath, and Yusuf (Delphi Digital), Pavel Paramonov, Fikunmi (Eclipse), Alex Hook (Untronfi), and Mhykhael (Alea Research) for their feedback, inspirations, and insights. What are Consensus Mechanisms? Consensus mechanisms are the guardrails in a blockchain network that ensure that all participants in the network agree on one source of truth to provide reliability along the network. These … Read more

Bria lands new funding for AI models trained on licensed data

AI-powered image generators, which are at the center of a number of copyright lawsuits against AI companies, are frequently trained on massive amounts of data from public websites. Most of these companies argue that fair use doctrine shields their data scraping and training practices. But many copyright holders disagree.  That’s why some startups and firms developing image … Read more

Solana’s Secret to Staying Fast? A Blockchain Gossip Network

Key Takeaways Solana uses a peer-to-peer gossip protocol based on the Plumtree algorithm, allowing decentralized communication between nodes to propagate state changes efficiently across the network without relying on a central source. Every 0.1 seconds, Solana nodes exchange “push” and “pull” messages, ensuring continuous and up-to-date information sharing to maintain rapid data dissemination and synchronization … Read more

Lost Blockchain Data? Solana Has a Fix for That

The Significance of Data Recovery in L1 For Layer 1s to function, they rely on transaction data, smart contract data, program instructions, transaction history, etc. Ensuring the recoverability of this data is key for blockchains to remain functional and immutable. Every blockchain supports data recovery; however, the method of data recovery differs: Solana uses the … Read more