ConstitutionDAO fails in mission to win Sotheby’s auction

ConstitutionDAO fails in mission to win Sotheby’s auction

On Thursday, online group ConstitutionDAO failed to acquire the last privately printed copy of the US Constitution (1st Edition) at a public auction at Sotheby’s. ConstitutionDAO had raised over $49 million in Ethereum donations This particular copy is one of only thirteen copies of the official edition of the Constitution of the Constitutional Convention. It…

Vitalik Buterin proposes EIP-4488 – Kripteu Magazine

Vitalik Buterin proposes EIP-4488 – Kripteu Magazine

Ethereum co-founder Vitalik Buterin proposed a new limit on the total amount of transaction call data in a block to reduce the total cost of transaction call gas on the Ethereum network. An immediate solution to high gas costs This week, Vitalik Buterin and Ethereum developer Ansgar Dietrichs co-authored a new Ethereum improvement proposal called…

Coinbase CPO predicts major Ethereum scaling advancements for 2022

Coinbase CPO predicts major Ethereum scaling advancements for 2022

Surojit Chatterjee, the chief product officer (CPO) of Coinbase, shared predictions for the crypto industry in 2022, and he predicts huge progress in the scalability of Ethereum. Coinbase CPO Believes 2022 Will Be a Remarkable Year for Ethereum Scalability Many industry leaders are predicting what the crypto ecosystem will look like in 2022, and Coinbase’s…

ENS Shows Brantly Millegan The Door Out Over 2016 Tweet

Ethereum Name Service or ENS, the open and distributed naming system based on Ethereum, removed Brantly Millegan as a steward after one of his old Twitters from 2016 resurfaced and created contention. True Names Ltd, the corresponding legal entity of DAO, has also deleted Millegan from his position as Director of Operations. ENS dismisses Millegan,…

Why did A16z invest $70 million in Lido Finance this week?

Why did A16z invest $70 million in Lido Finance this week?

Venture capital firm Andreessen Horowitz (a16z) has invested $70 million in Lido Finance, a liquid staking provider. But what is the reason why the famous venture capital firm with $28.2 billion in assets under management decided to invest in this project? Andreessen Horowitz has invested $70 million in Lido On March 3, a16z announced that…