Trading company and market maker Wintermute asked the United States Securities and Exchange Commission (SEC) to confirm that network tokens should not be classified as securities. In formal feedback to the agency’s request for comment, the company said clear guidance on the security status of tokens is necessary to avoid the misapplication of securities laws…
Coinbase’s Ethereum layer-2 blockchain Base stopped producing blocks for 33 minutes on Tuesday after switching to a backup sequencer that wasn’t set up properly to process transactions. The incident began at 6:07 am UTC when the active sequencer started falling behind on block production, prompting Conductor — Base’s system for managing sequencer availability and reliability…
Warp was founded in 2021 to help companies streamline their shipping supply chains and reduce costs through its tech-enabled network of shippers, carriers, and warehouses. Now, it wants to make supply chains further efficient by using robots to automate its web of warehouses. Daniel Sokolovsky, the co-founder and CEO of Warp, told TechCrunch that Warp…
Anza, a Solana blockchain infrastructure firm spun out of Solana Labs, has proposed a new proof-of-stake consensus called Alpenglow that it claims would be “the biggest change to Solana’s core protocol” and compete with current internet infrastructure. “We believe that the release of Alpenglow will be a turning point for Solana. Alpenglow is not only…
A Super PAC network funded by the crypto industry is poised to back two Republican candidates for the United States House of Representatives in Florida’s April 1 special elections, according to a March 21 report by Politico. The network includes Fairshake, Defend American Jobs and Protect Progress. Defend American Jobs will start the spending by…
Hi, friends! Welcome to Installer No. 53, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, so psyched you found us, and also you can read all the old editions at the Installer homepage.) This week, I’ve been reading about Beyoncé and Rosanna Pansino and Bowen Yang, pouring…
June 11: Biconomy, a Web3 infrastructure company, launched a new “Delegated Authorization Network,” or DAN, “enabling the safe delegation of on-chain activities to AI agents,” according to the team. A press release added: “Biconomy DAN operates by granting AI projects approved access to user’s ‘Delegated Auth’ keys stored on an EigenLayer AVS (Actively Validated Services),…