Ethereum Completes Final Pectra Test on Hoodi Network
Key updates in cryptocurrency tech development include:
- Ethereum Pectra Test: The final test for Ethereum's Pectra upgrade was conducted on the Hoodi testnet, following previous unsuccessful tests on Holesky and Sepolia. This upgrade aims to enhance user-friendliness with features like smart contract functionality for wallets.
- Hyperliquid Integration: Hyperliquid has streamlined token transfers in DeFi by enabling direct linking between its HyperCore and HyperEVM platforms, allowing users to transfer tokens easily without intermediaries.
- Celo Migration: Celo has completed its transition to a layer-2 network on Ethereum using Optimism’s OP Stack, improving transaction speed and cost efficiency.
- Bitcoin DeFi Expansion: Developers are exploring zero-knowledge (ZK) proofs for Bitcoin's DeFi capabilities, which may require a soft fork. The implementation of ZK proofs could enhance privacy and connectivity with other blockchains.
In regulatory news, U.S. Senator Kirsten Gillibrand emphasized the need for stringent regulations on stablecoin legislation to protect investors and foster innovation.
Upcoming events in the crypto space include:
- April 8-10: Paris Blockchain Week
- April 30-May 1: Token 2049, Dubai
- May 14-16: Consensus, Toronto
- May 20-22: Avalanche Summit, London
- May 27-29: Bitcoin 2025, Las Vegas
- June 30-July 3: EthCC, Cannes
- Oct. 1-2: Token2049, Singapore