Ethereum’s Pectra Upgrade Launches on Holesky Testnet
Key updates in cryptocurrency technology and investment:
- Pectra Upgrade on Testnet: Ethereum’s Pectra upgrade launched on the Holesky testnet on February 24 but did not finalize as expected. It incorporates 11 major upgrades aimed at improving user experience, including EIP-7702 for wallet smart contract capabilities and EIP-7251 to increase validator staking limits from 32 to 2,048 ETH.
- Avalanche Visa Card Launch: The Avalanche Foundation has launched a Visa credit card allowing users to spend AVAX, wrapped AVAX, USDT, and USDC. The card targets mainstream adoption and is linked to self-custody wallets.
- Leadership Change at Ethereum Foundation: Aya Miyaguchi transitions from Executive Director to President amid a leadership shake-up as Ethereum faces decreased popularity among new developers.
- GitHub Security Threat: A Kaspersky report warns of a “GitVenom” campaign where hackers use malicious code in fake GitHub projects to steal Bitcoin. Users are advised to verify project authenticity and scrutinize code before execution.
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