In a recent article, Ethereum Foundation researcher Toni Wahrstätter pointed out that there are technical challenges in expanding the Ethereum block gas limit and called on the community to remain patient. The Ethereum community is discussing raising the gas limit, a change that could enhance network capacity but also pose risks to stability and security. Wahrstätter highlighted limitations related to the consensus layer (CL) client specification, which cannot exceed the current 36 million gas threshold without major protocol upgrades. Meanwhile, Ethereum developers are preparing the Pectra 2 network upgrade to address these challenges. This hard fork includes two key proposals that aim to lay the foundation for higher gas limits. The first is EIP-7623, which reduces the worst-case block size by mitigating DoS risks and enabling safer capacity increases; The second is EIP-7691, which increases the target and maximum number of blobs per block, providing empirical data on network performance under higher storage and propagation requirements.

AscendEX (formerly BitMax) will launch Luigi Mangione (LUIGI) for the first time at 13:00 on December 10, opening the LUIGI/USDT trading pair, and recharge is now open. The Meme Research Institute team under the AscendEX platform screens high-quality Memes for listing based on on-chain data and project background, and the platform's Memecoin first launch rate is as high as 80%.

According to BlockBeats, on December 10, the cryptocurrency MOVE experienced a brief and rapid increase in value, surpassing $1.40. However, it has since adjusted and is currently trading at $1.23. This fluctuation highlights the volatile nature of the cryptocurrency market, where prices can change swiftly within short periods. Investors and traders are advised to stay informed and exercise caution when engaging in market activities.

According to Bitget pre-market data, the pre-market market value of Tomarket's official token TOMA has reached $100 million, with an increase of more than 200% since its launch. It was previously reported that the total number of Tomarket users has exceeded 50 million and will be listed on the exchange on December 20. Tomarket is a new Web3 asset platform in the Telegram ecosystem. It has previously received investment from Bitget Wallet and Foresight X, and is committed to attracting more Web2 users to understand and enter the Web3 world through products and services such as Games, Earns and transactions.

According to Arkham monitoring, MILADY CULT COIN airdropped $207 million worth of tokens to MILADY holders. The top 5 airdrop rankings are: 1) 0xFB94-2.22 million US dollars; 2) 0x77777-1.88 million US dollars; 3) 0x77772-1.55 million US dollars; 4) everythingempty.eth-1.43 million US dollars; 5) yck.eth-1.26 million US dollars. Well-known airdrop recipients include Aave founder Stani (airdrop valued at $100,000) and Dragonfly investor Tom Schmidt (airdrop valued at $150,000).

Bitcoin’s daily realized profit metric has fallen 76% after the initial hype about $100,000 Bitcoin began to wane off, according to crypto analysts. source: https://cointelegraph.com/news/bitcoin-price-volatility-daily-realized-profit-metric-crypto-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Digital asset custodian Copper announced that it has become one of the first custody platforms to support USDC on Sui, which can be used "immediately" on Copper's infrastructure. (CrowdfundInsider)

Argentina approves crypto ETFs for the stock market, opening new investment opportunities in Bitcoin, Ethereum, and gold under President Milei’s libertarian policies. source: https://coincu.com/296216-argentina-approves-crypto-etfs-for-local-stock

According to the official announcement, Binance is expected to suspend the token deposit and withdrawal services of the Sei (SEI) network at 23:00 on December 10, 2024, Eastern Time 8, to support its network upgrade. The project will upgrade the network at block height 119,821,526 (estimated at 00:10 on December 11, 2024, Eastern Time 8).

SUI closes the week at its highest-ever price since launch, driven by strong market confidence, rising demand, and a bullish network. source: https://ambcrypto.com/suis-35-price-jump-amidst-new-ath-whats-driving-the-rally/

Floki is one of a growing number of cryptocurrency companies that have issued their own regional payment cards that allow users to spend cryptocurrencies.

OpenAI,sora,OpenAI officially released Sora. Let's understand its video generation function in one article. In addition to video generation, it can also create unlimited videos.

Brian Armstrong, CEO of Coinbase, has recently tied the knot with Angela Meng, a former South China Morning Post reporter and investment banker.

The crypto shooter OverTrip has launched on PC via the Epic Games Store, kicking off its third season with a new battle royale mode where players can wager meme coins.

One expert said that while Willow is a significant development, it is not enough to pose a threat to encryption technology, at least for now.

Because the fees for buying and selling foreign exchange in banks or foreign exchange companies are high, when faced with a request from a WeChat friend to exchange the local legal currency, Naira, into RMB, he came up with a perfect solution.

Floki, in partnership with Mastercard, has launched a zero-fee crypto debit card in Europe, supporting 8 blockchains and major crypto like Bitcoin and Ethereum. Despite this milestone, Floki's price has fallen nearly 7% in the past 24 hours amidst market volatility.

Large investors are giving up on Ethereum, while retail investors prefer to buy ETH and altcoins, and are selling their precious BTC to increase their positions.

The express train of history whizzes past, leaving behind those who are cognitively backward without even saying hello.

Sam Altman: “It’s GPT-1’s video moment.”