Berachain Launches ‘Bectra’ Upgrade Following Ethereum’s Pectra Update
Key updates in cryptocurrency tech development include:
- Berachain Upgrade: Berachain launches the Bectra hard fork, activating Ethereum's execution-layer features for over 100 apps while maintaining EVM compatibility. New wallet functionalities aim to enhance user experience.
- Ethereum Foundation Layoffs: The Ethereum Foundation has laid off staff during a restructuring focused on critical protocol design challenges. The rebranded Protocol division will prioritize scaling, blobspace expansion, and user experience improvements.
- Elon Musk's XChat Announcement: Elon Musk introduces a messaging app called XChat with "Bitcoin-style" encryption. Tech experts express skepticism regarding its technical validity.
- BitoPro Hack Suspected: Taiwanese exchange BitoPro is believed to have lost over $11 million in a hack involving unauthorized access to hot wallets across multiple blockchains.
Other News
- The Trump Organization denies any involvement with the "$TRUMP Wallet" project despite claims linking it to former President Trump.
- World Liberty Financial distributed $47 worth of USD1 stablecoin to participants of its WLFI token sale as part of its expansion efforts.
Regulatory Updates
- French authorities charged 25 individuals related to crypto kidnappings, focusing on an incident involving a crypto exchange CEO's family.
- The U.S. Senate approaches a vote on stablecoin regulations, with differences between Senate and House bills needing resolution.
Upcoming Events
- June 8-22: Berlin Blockchain Week, Berlin
- June 24-26: Permissionless, Brooklyn
- June 30-July 3: EthCC, Cannes
- July 16-18: Web3 Summit, Berlin
- Sept. 22-28: Korea Blockchain Week, Seoul
- Oct. 1-2: Token2049, Singapore
- Nov. 17-22: Devconnect, Buenos Aires
- Dec. 11-13: Solana Breakpoint, Abu Dhabi
- Feb. 10-12, 2026: Consensus, Hong Kong
- May 5-7, 2026: Consensus, Miami