PerennialLeek

Ethereum continues to evolve, and one of the key milestones in this development was the Dencun upgrade, which officially launched in March 2024. This upgrade didn't just fix some issues — it fundamentally changed the network's approach to scalability and transaction costs. Let's review what this means for the future.

In recent years, Web3 and decentralized identity verification (DID) technology have existed for some time, but it wasn't until the emergence of Worldcoin that this field truly captured global attention. This biometric-based innovative project not only demonstrates the real application potential of DID technology in Web3 but also sparks a profound discussion about the future of identity management. In the Web3 ecosystem, DID is becoming a key infrastructure connecting users, applications, and blockchain networks.
New Paradigm of Identity Management in the Web3 Era
In the Web3 world, decentralized identity verification (DID) represents a fundamental shift from traditional centralized identity management to user-controlled identity. Unlike the past where your personal information was controlled by third parties such as social media platforms and banks, Web3's DID technology allows you to truly own and manage your digital identity, deciding who can access your information and how it is used.
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Imagine a cryptocurrency exchange without market makers. Traders want to buy, but there are no sellers; they want to sell, but buyers have disappeared. Prices fluctuate wildly, and the spreads between bid and ask prices widen by dozens of percent. This is not a hypothesis — it’s the reality of illiquid markets. A market maker is a

The digital economy is undergoing a transformation, and at the center of these changes is DAO — a decentralized autonomous organization. DAO is not just a new management mechanism but a fundamentally different approach to organizing collective activity, which upends the notions of how people can

Saif al-Islam Gaddafi, influential Libyan political figure and son of former leader Muammar Gaddafi, was killed in a shooting at his home in Zintan at the age of 53. Authorities have launched an investigation into the circumstances surrounding his death, highlighting the region's ongoing instability.

A 62-year-old Hong Kong man was arrested in Bangkok for involvement in a 1989 murder case, ending a 37-year fugitive life. The Hong Kong government has officially submitted an extradition request. The suspect is currently charged with illegal entry, and the murder charge will be handled after extradition. This case highlights the complexities of international legal cooperation.

The Brazilian Central Bank signals a potential shift towards lowering interest rates, reflecting a consensus to maintain current strict monetary policies while considering future adjustments to support economic growth amidst inflation concerns.

China's ambitions to establish the yuan as a global reserve currency face major challenges due to strict currency controls and declining international presence. Central banks prefer more liquid alternatives, like cryptocurrencies, amid dissatisfaction with the yuan's convertibility.

OTC traders in the cryptocurrency industry have become one of the main targets for sophisticated cyberattacks. A recent incident where an investor lost 4556 Ethereum worth approximately $12.4 million clearly demonstrates the scale of the problem. The attack used social engineering techniques combined with technology

A significant crypto player has actively closed their short positions on Ethereum, realizing around $8.5 million in profits. This move, observed at wallet address 0xd47...1A91, suggests a strategic decision to lock in gains as the current ETH price is $1.94K.

Bitcoin continues to decline from October's high, and the recent new low at $72,169 has sent another technical signal for a possible rebound. Although the change compared to the previous day seemed minor, it was enough for the indicator to register Strong

South Korea is facing significant challenges in developing its regulatory framework for virtual assets, particularly regarding stablecoin issuance, shareholder restrictions, and ETF discussions. Ongoing negotiations aim to balance consumer protection with market development.

OpenAI's leader, Sam Altman, expressed concerns about AI's impact on creativity, sparking debates on potential job automation and the future of human creativity. While fears about AI replacing creative roles emerged, some industry leaders argue AI could enhance collaboration between humans and machines.

Binance has introduced an upgraded security system in its Binance Wallet app designed to help users cope with the increasing security threats in the cryptocurrency space. The main goal of this update is to assist users in identifying potential vulnerabilities and acting promptly.