Welcome to the protocol, the weekly conclusion of Coindesk of the most important stories of the technological development of cryptocurrencies. I am Margaux Nijkerk, journalist Ethereum de Coindesk.
In this issue:
- The Holesky Testnet of Ethereum finalizes – finally
- Starknet to settle both on Bitcoin and Ethereum
- From the Ethereum Machine Hall to Wall Street: Danny Ryan’s new mission
- The giants of Japanese Sony technology and the line unite their strengths
This article is presented in the latest issue of the protocol, our weekly newsletter exploring technology behind the crypto, one block at a time. Register here to get it in your reception box every Wednesday.
Network news
Ethereum Holesky Testnet finalizes – Finally: Ethereum’s Holesky testnet has completed almost two weeks after the Pectra upgrade, overcoming a client-client configuration bug that had prevented the purpose since February 24. Success occurs while the developers Ethereum have made it possible to decide when Pectra will be put online on the Mainnet blockchain, thus delaying the big upgrade. – Shaurya Malwa Learn more.
Starknet to settle on Bitcoin and Ethereum: One of the main projects aimed at increasing the speed of the Ethereum network increases its work on the original blockchain of the world: Bitcoin. Ethereum COUSTE-2 Starknet, in partnership with BTC Wallet Xverse, aims to offer a “complete challenge experience to Bitcoin users”. Xverse said that he “will realize the DEFI de Bitcoin take-off time”, by integrating with Starknet in T2 2025, in an announcement sent by e-mail seen by Coindesk. The Starknet Foundation has published a new Bitcoin roadmap, which described how Starknet would remain fully active on Ethereum, while “becoming the Bitcoin execution layer”, “in order to scale the network” from 13 TPS to thousands “. Developers have increasingly explored how to explore security and deep reserves organized in BTC And blockchain. – Jamie Crawley Learn more.
From the Ethereum Machine Salle to Wall Street: Danny Ryan’s new mission: Danny Ryan, previously key researcher from the Ethereum Foundation, left the EF in September, but entered talks a few months later to join the organization as a new leader. In January, Ryan “ended up separating each other” with the foundation, and in March, he announced that he would join Eherealalize, an organization focused on the introduction of Ethereum to Wall Street. In a frank interview with Coindesk, Ryan said he had taken the plunge because he believes that Ethereum is a technological inflection point: “Ethereum is much larger than the EF. It is not only a few changes to the EF that will make or break Ethereum as a whole.” – Margaux Nijkerk Learn more.
The giants of Japanese technology Sony and Line unite their strengths: The Sony’s Blockchain division brings the Japanese social media giant line in the web3 world, with plans to adapt several popular mini-applies to the Sony soeneium network, the company announced. Line reports around 200 million active users on its platform, and the agreement will bring four line games, or “mini-application”, to Soneium: Sleepagotchi, Farm Frens, Puffy Match and Pocket Mob. Integration is intended to facilitate features such as rewards and purchases at stake. Soneium was put online in January and at the time, the team said they hoped to reject web2 users in web3 space. The blockchain is a layer-2 above Ethereum which uses OP OP technology.– Margaux Nijkerk Learn more.
In other news
- The House of Representatives of the United States has canceled an IRS rule which would have imposed information collection rules on decentralized entities. The vote, supported by a bipartite group which included 71 democrats, is a great victory for Defi. Reports of nik de.
- We may have to wait a little longer than new FNB Crypto in American applications have been deposited for a series of new entities, including for XRP, Solana (Sol), Dogecoin (Doge) and Litecoin (LTC). But a decision on this subject will probably not be before the choice of President Trump to manage the agency, Paul Atkins, is confirmed by the Senate. For the moment, no hearing on this is planned. Reports Helene Braun.
- In a huge systemic victory for cryptographic industry, the CONSULATOR CONTROL Office (OCC) said that the federal government’s regulated banks can engage in various cryptocurrency activities without prior approval. The OCC has also withdrawn a requirement for banks to report the liquidity risks linked to the crypto. Sam Reynolds salts.
