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Solana Patches Bug That Could Have Allowed Attackers to Mint and Swipe Tokens – Decrypt

Solana Patches Bug That Could Have Allowed Attackers to Mint and Swipe Tokens – Decrypt



In brief

Solana engineers patched a bug that affected Token-22 confidential tokens.
If exploited, an attacker could have minted unlimited quantities of tokens and withdrawn them from accounts.
The bug was patched quietly ahead of public disclosure, generating social media debate.

Solana network validators narrowly avoided catastrophe, rolling out a patch that killed a bug in a program that could have allowed exploiters to mint certain tokens in unlimited quantities—or withdraw them from any account. 

The vulnerability, which would have only affected Token-22 confidential tokens, was found in the ZK ElGamal Proof program, which certifies encrypted balances and verifies the accuracy of zero-knowledge proofs. 

“In the on-chain ZK ElGamal Proof program, some algebraic components were not included in a hash used to generate a transcript for the Fiat-Shamir Transformation,” a postmortem report from the Solana Foundation reads. “A sophisticated attacker could use these unhashed components to develop a forged proof of an unauthorized action that passes verification.”

In other words, an exploiter could have used the forged proof to mint unlimited quantities of Token-22 confidential tokens or withdraw them from accounts. 

The potential vulnerability was first reported to Anza Github Security Advisory on April 16 with a patch rolled out to validators directly the following day after evaluation and confirmation of the vulnerability from engineers at Anza, Firedancer, and Jito.



Anza is a Solana development shop comprised of former Solana Labs employees, while Jito is a noted infrastructure firm in the ecosystem. Firedancer is a Solana validator client in development from Jump Crypto.

Security firms Asymmetric Research, Neodyme, and OtterSec were also pulled in to provide support and review the patch. 

By the afternoon of April 18, a supermajority of validator operators adopted a fix, which included a second patch that was used to address a similar issue in another part of the codebase. With a patch now adopted, no funds are at risk and no known exploits of the vulnerability have been discovered.

Though the patch was quickly addressed and no funds are known to be exploited, the Solana Foundation faced some criticism across social media. Some users called out the behind-the-scenes upgrade, which took place two weeks before the Foundation addressed it publicly via the postmortem. 

“Am I hearing this right? There was a zero-day on Solana mainnet and >70% of the validators privately colluded to upgrade and patch the critical bug before it was even made public,” posted one pseudonymous Ethereum ecosystem developer on X (formerly Twitter).

The post drew pushback from notable Solana devs and Solana co-founder Anatoly Yakovenko in the process. Even longtime Ethereum developer Hudson Jameson weighed in, saying this approach was typical and necessary for fixing issues.

“This is totally fine,” said Jameson on X. “Bitcoin, Zcash, and Ethereum have all had instances where the core devs needed to privately plan a secret bug fix. A good chain culture means having mature devs who can accomplish stealth fixes.”

“I was involved in distributing this patch to validators before it was released publicly,” said Tim Garcia, validator relations lead at the Solana Foundation. “I’m happy to hear suggestions on a better process. Unfortunately, doing the distribution in public before sufficient adoption is a non-starter.”

This is hardly the first time that Solana has faced centralization critiques; notably, last October, famed whistleblower Edward Snowden called out the layer-1 blockchain over centralization. Solana ecosystem leaders pushed back, with Yakovenko saying, “As usual, Solana is decentralized only by objectively measurable metrics, and centralized across all the other ones.”

Solana currently boasts 1,279 validators, according to its website. 

Edited by Andrew Hayward

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ByteEdge Raises $1.5 Million to Revolutionize Enterprise Knowledge Sharing with AI-Powered Multilingual Video Content – Web3oclock

ByteEdge Raises .5 Million to Revolutionize Enterprise Knowledge Sharing with AI-Powered Multilingual Video Content – Web3oclock


Revolutionizing Knowledge Access for Deskless Workers:

Strong Enterprise Adoption and Market Presence:

Backed by Strategic Global Investors:

About ByteEdge:



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Doppel Secures $35 Million Series B to Dominate the Next Era of AI-Powered Social Engineering Defense – Web3oclock

Doppel Secures  Million Series B to Dominate the Next Era of AI-Powered Social Engineering Defense – Web3oclock


An Unmatched AI-Powered Defense for a New Threat Landscape:

Exponential Growth & Strategic Collaborations:

OpenAI Collaboration: AI Agents for Autonomous Cyber Defense

Fueling the Future: What’s Next for Doppel

About Doppel:

About Bessemer Venture Partners:



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MCP-Use: The Universal Plugin Library Connecting AI to Tools Seamlessl

MCP-Use: The Universal Plugin Library Connecting AI to Tools Seamlessl


With artificial intelligence, a common challenge has persistently hampered developers: connecting intelligent language models to the tools they need to be truly useful. Enter MCP-Use, a groundbreaking open-source library developed by Pietro Zullo that solves this problem by implementing the Model Context Protocol (MCP). This innovative solution enables any language learning model (LLM) to seamlessly interact with any external tool, creating a universal plugin system that could fundamentally change how we build AI applications.

The Problem MCP-Use Solves

For too long, AI developers have faced a frustrating reality. While powerful LLMs like GPT-4, Claude, and Llama3 excel at generating text and understanding language, they remain functionally limited without access to external capabilities. Until now, developers needed to create custom integrations for each model-tool pairing, resulting in difficult-brittle systems to maintain and expand.

Consider the challenge: You want your AI assistant to search the web, access your files, or call your custom API. Previously, this required writing model-specific code, managing complex plugin architectures, or relying on closed platforms with limitations. The landscape was fragmented, with each AI provider offering their incompatible solution. OpenAI had its plugins, Anthropic had its approach, and custom models required entirely different implementations. This created silos of functionality rather than a coherent ecosystem.

The consequences were significant: limited portability, excessive development time, and AI assistants that couldn’t easily adapt to new tools or models. Developers spent more time wrestling with integration problems than building innovative applications. MCP-Use addresses these exact pain points.

What Makes MCP-Use Revolutionary

At its core, MCP-Use serves as an intelligent bridge between any LLM and any external tool through a standardized protocol. The system consists of two primary components: MCPClient and MCPAgent. The MCPClient handles connections to external tools, while the MCPAgent orchestrates the LLM’s interactions.

The beauty of MCP-Use lies in its simplicity. With just six lines of Python code, developers can create an agent capable of browsing the web, accessing files, or performing complex operations across multiple tools. This remarkable efficiency comes from MCP-Use’s architectural approach, which separates the concerns of tool connectivity from agent intelligence.

When you implement MCP-Use, your system can discover available tools from servers, convert them into callable functions for the LLM, handle all the necessary JSON-RPC messaging, and manage sessions and memory automatically, freeing developers from writing tedious boilerplate code.

The Technical Architecture Behind MCP-Use

The MCPClient component establishes connections to tool servers defined in a JSON configuration file. These tools can be launched locally through command-line interfaces or connected remotely via HTTP or server-sent events (SSE). The client handles the discovery of tool capabilities by reading their definitions and maintains active sessions with each server throughout the interaction.

Meanwhile, the MCPAgent component sits between your chosen LLM and the tools, transforming tool definitions into functions the model can understand and invoke. It maintains conversation memory and manages the decision loop, determining when to use specific tools.

This architecture supports a powerful workflow: When you pass a query to your agent, the LLM evaluates whether it needs external tools to respond effectively. If it does, it selects the appropriate tool, calls it through the MCPClient, receives the result, and incorporates that information into its final response. All of this happens automatically, without requiring custom code for each tool-model combination.

The Expansive Ecosystem

One of MCP-Use’s greatest strengths is its compatibility with a wide range of models and tools. On the model side, it works with any LLM capable of function calling, including GPT-4, Claude, Llama3, Mistral, Command R, Gemini, and models running on Groq’s infrastructure. This flexibility allows developers to choose the best model for their specific needs without changing their tool integration code.

The tool ecosystem is equally impressive. Existing MCP servers include Playwright Browser for web interactions, filesystem access for reading and writing files, Airbnb search for finding listings, Figma control for design file interactions, Blender 3D for generating and rendering scenes, and shell access for running commands. Developers can create custom MCP servers to wrap any web API or service.

MCP-Use Tool Ecosystem at a Glance

This extensive compatibility creates unprecedented freedom in AI development. You can combine Claude with a headless browser and local file access, or use a local Llama model with a custom API wrapper. The possibilities are limited only by the available tools and models, not by artificial constraints imposed by closed ecosystems.

Getting Started with MCP-Use

Implementing MCP-Use requires minimal setup. After installing the library and your chosen LLM provider, you create a configuration file defining your tool servers. For example, a simple configuration for browser access might look like:

{
“mcpServers”: {
“browser”: {
“command”: “npx”,
“args”: [“@playwright/mcp@latest”]
}
}
}

With this configuration and your API key in place, you can create a functional agent with just a few lines of Python:

from dotenv import load_dotenv
from mcp_use import MCPAgent, MCPClient
from langchain_openai import ChatOpenAI

load_dotenv()
client = MCPClient.from_config_file(“mcp-config.json”)
agent = MCPAgent(llm=ChatOpenAI(model=”gpt-4″), client=client)
print(await agent.run(“Search for best sushi places in Tokyo”))

This code launches the browser MCP server, allows the LLM to choose appropriate actions like searching the web or clicking links, and returns the final response. The simplicity belies the powerful capabilities being activated behind the scenes.

MCP-Use vs. Alternative Approaches

When compared to existing solutions, MCP-Use’s advantages become clear. Unlike LangChain agents, where tools are often tightly coupled to LangChain logic and require Python definitions, MCP-Use externalizes tools completely. This separation makes tools reusable across different models and frameworks.

OpenAI’s Plugin ecosystem locks developers into the OpenAI platform, supporting only GPT models and requiring publicly hosted tools following the OpenAPI 3 specification. MCP-Use works with any LLM, doesn’t care if your tool is local or private, and uses a simpler protocol that allows tools to maintain state.

Compared to agent frameworks like AutoGPT, CrewAI, or BabyAGI, which often use pre-baked Python code or custom scripts for tools, MCP-Use offers real-time structured tool use via actual function calls. Tools become discoverable through schemas, eliminating code duplication when the same tool needs to be used by multiple agents.

Custom integrations using libraries like requests, Selenium, or Puppeteer require writing and maintaining wrappers, handling edge cases, and tightly binding model logic to tool implementation. MCP-Use treats tools as self-contained microservices that speak a common protocol, allowing developers to run them locally, remotely, in containers, or on demand.

Comparison Table: MCP-Use vs. Other Tool Integration Approaches

FeatureMCP-UseLangChain AgentsOpenAI PluginsCustom IntegrationsAutoGPT/Agent Frameworks

Model SupportAny model with a function callingMultiple models via LangChainGPT models onlyDepends on implementationOften tied to specific models

Tool LocationLocal or remotePython-definedHosted with OpenAPICustom implementationPre-baked or scripted

State ManagementMaintained by the MCP serverRequires custom handlingLimited by REST APIManual implementationOften simplified

Tool DiscoveryAutomatic via the MCP protocolManual registrationOpenAPI specificationNoneManual configuration

Multi-tool OrchestrationBuilt-inCan be fragile (ReAct)Limited to an assistantCustom logic requiredTask planning based

ProtocolMCP (open standard)Custom (framework-specific)OpenAPI 3.0CustomCustom

Code Required~6 linesModerateModerate to complexExtensiveExtensive

Tool ReusabilityHigh (any MCP client)Medium (LangChain only)Low (OpenAI only)LowLow

Deployment OptionsLocal, remote, cloudMostly local/serverCloud onlyCustomMostly local

Supported Models Comparison

Model FamilyMCP-Use SupportNotes

GPT-4/3.5FullBest-in-class reasoning

Claude 2/3FullVery strong tool usage

LLaMA 3 (via Ollama)FullNeeds LangChain wrapper

Mistral/MixtralFullGreat speed, open weights

Command R/R+FullHigh-quality open access

GeminiPartialTool use support varies

Groq (LLaMA 3)FullLightning-fast inference

The Philosophical Shift: From Plugins to Protocol

MCP-Use represents a fundamental shift in how we conceptualize AI tools. Rather than thinking about model-specific plugins, it introduces a universal protocol that any model can use to interact with any tool. This approach is reminiscent of how standardized protocols like HTTP transformed the web or how USB revolutionized hardware connectivity.

The implications are profound. By separating tools from models through a standardized protocol, MCP-Use enables a future where AI capabilities can evolve independently of specific models. New tools can be developed without waiting for model updates, and new models can immediately leverage existing tools without custom integration work.

This decoupling creates a more resilient, adaptable AI ecosystem where innovation can happen on both sides of the equation without disrupting the other. Models can focus on improving reasoning and understanding, while tools can focus on expanding capabilities, all while maintaining compatibility through the MCP protocol.

MCP-Use stands poised to define the next decade of AI development. As the ecosystem matures, we can expect to see a GitHub-like registry of open MCP servers, making it even easier to discover and integrate new tools. The roadmap already includes WebSocket support for low-latency tools, more tool servers for PDFs, vector databases, IDEs, and APIs, memory-aware agents, GUI visualizations of tool use, and plug-and-play UI frontends.

Perhaps most importantly, MCP-Use is open and standardized. Developers can build tools today that will plug into any agent tomorrow. They can run agents locally, remotely, on edge devices, or in secure environments. They can extend LLM capabilities not through complex prompt engineering but by giving models direct access to powerful tools.

We are transitioning from the “Age of LLMs That Say” to the “Age of LLMs That Do.” As language models evolve from passive text generators to active agents that can perceive and affect the world, protocols like MCP will be essential infrastructure. MCP-Use makes this future accessible to developers today, potentially marking a pivotal moment in the evolution of AI agents.

MCP-Use provides a universal plugin system for LLMs, removing a significant barrier to building truly useful AI applications. It offers a glimpse of a future where AI assistants can seamlessly interact with the digital world, using whatever tools they need to accomplish complex tasks. Thanks to MCP-Use, this vision of intelligent agents that can understand our requests and take meaningful actions to fulfill them is now significantly closer to reality.

MCP-Use is available on GitHub under Pietro Zullo’s repository for developers interested in exploring this technology. Comprehensive documentation is available at docs.mcp-use.io. As the community around this library grows, we can expect to see an explosion of new tools and applications that leverage the power of AI in increasingly sophisticated ways.



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B2B Telecommunication Market Hits New High | Major Giants China Telecom, AT&T, Deutsche Telekom | Web3Wire

B2B Telecommunication Market Hits New High | Major Giants China Telecom, AT&T, Deutsche Telekom | Web3Wire


B2B Telecommunication

HTF MI recently introduced Global B2B Telecommunication Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.

Major companies in B2B Telecommunication Market are:Verizon, AT&T, Deutsche Telekom, NTT Communications, Vodafone, Orange, BT Group, Telefonica, China Mobile, China Telecom, AT&T, Deutsche Telekom, NTT Communications, Vodafone, Orange, BT Group, Telefonica, China Mobile, China Telecom

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According to HTF Market Intelligence, the global B2B Telecommunication market is valued at USD 14 Billion in 2025 and estimated to reach a revenue of USD 20.5 Billion by 2030, with a CAGR of 8.2% from 2025 to 2030.

The following Key Segments Are Covered in Our Report

By TypeWAN solutions, VoIP services, M2M communication, Cloud services, Unified communication

By ApplicationRetail, Healthcare, BFSI, Manufacturing, Government

Definition:B2B telecommunication services refer to business-to-business communication solutions that enable enterprises to connect with partners, suppliers, and customers. These services include voice, video, data, cloud, and managed network solutions tailored to business needs. As enterprises increasingly adopt digital transformation, demand for efficient, reliable, and scalable telecommunication solutions has surged. Factors such as globalization, remote work trends, and the need for enhanced business communication systems are driving market growth.

Market Trends:Integration of AI and automation, growth in cloud-based services

Market Drivers:Digital transformation initiatives, rise in demand for high-speed data, adoption of 5G technology

Market Challenges:High installation costs, cybersecurity concerns

Dominating Region:North America

Fastest-Growing Region:Asia-Pacific

Have a query? Market an enquiry before purchase 👉 👉 https://www.htfmarketintelligence.com/enquiry-before-buy/global-b2b-telecommunication-market?utm_source=Sonali_Openpr&utm_id=Sonali

The titled segments and sub-section of the market are illuminated below:In-depth analysis of B2B Telecommunication market segments by Types: WAN solutions, VoIP services, M2M communication, Cloud services, Unified communicationDetailed analysis of B2B Telecommunication market segments by Applications: Retail, Healthcare, BFSI, Manufacturing, Government

Global B2B Telecommunication Market -Regional Analysis• North America: United States of America (US), Canada, and Mexico.• South & Central America: Argentina, Chile, Colombia, and Brazil.• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc) & Rest• Oceania: Australia & New Zealand

B2B Telecommunication Market Research Objectives:– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.– To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.• Political (Political policy and stability as well as trade, fiscal, and taxation policies)• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)• Technological (Changes in digital or mobile technology, automation, research, and development)• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)Buy Now Latest Edition of B2B Telecommunication Market Report https://www.htfmarketintelligence.com/buy-now?format=1&report=13608-global-b2b-telecommunication-market?utm_source=Sonali_Openpr&utm_id=Sonali

Points Covered in Table of Content of Global B2B Telecommunication Market:Chapter 01 – B2B Telecommunication Executive SummaryChapter 02 – Market OverviewChapter 03 – Key Success FactorsChapter 04 – Global B2B Telecommunication Market – Pricing AnalysisChapter 05 – Global B2B Telecommunication Market Background or HistoryChapter 06 – Global B2B Telecommunication Market Segmentation (e.g. Type, Application)Chapter 07 – Key and Emerging Countries Analysis Worldwide B2B Telecommunication MarketChapter 08 – Global B2B Telecommunication Market Structure & worth AnalysisChapter 09 – Global B2B Telecommunication Market Competitive Analysis & ChallengesChapter 10 – Assumptions and AcronymsChapter 11 – B2B Telecommunication Market Research Method

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

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About Author:HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.

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Solana’s moment is good for Ethereum and Web3

Solana’s moment is good for Ethereum and Web3



The following is a guest post and opinion from Hart Lambur, Co-Founder of RIsk Labs (UMA and Across).

Solana’s recent growth didn’t come at Ethereum’s expense. It expanded the total crypto user base. Instead of pulling users away from Ethereum, Solana served as a gateway for new entrants into web3. With fast transactions and low fees, and a vibrant app layer, it became the ideal onboarding ramp for the latest wave of memecoin traders.

Like it or not, memecoins like HarryPotterObamaSonicInu and Fartcoin weren’t just noise; they introduced millions of people to crypto, many for the first time. Solana wasn’t just where they made their first trade – it was their first real interaction with the web3 ecosystem. And while many lost money, some of those users stuck around.

The question now is: how do we ensure they stay, and experience more of what web3 offers beyond speculation? As Vitalik put it last year about memecoins, there is an “opportunity here to try to create something more positive-sum and long-lasting.”

From Spectators to Residents

This influx of new users presents a rare opportunity for crypto. At its peak, Solana’s memecoin boom helped drive a $47.9 billion market cap. Yes, memecoins are down 76% since their December 2024 all-time high, but Solana didn’t just fuel speculation; it onboarded real users and real capital. While the memecoin craze may be short-lived, the participants it attracted don’t have to be.

Crypto has long promised mass adoption, and now, we have the chance to deliver on that promise. But this growth comes with its own set of challenges. If we don’t make it easy for new users to navigate the broader ecosystem – limiting their experience to just one blockchain or a single use case – we risk losing the momentum, capital, and growth that come with it.

The Shift from Onboarding to Retention

Attracting users is no longer the main challenge. Memecoins on Solana opened that door for a new generation, just like ICOs, DeFi Summer, and NFTs before. The real test is ensuring the broader web3 ecosystem is as seamless and intuitive as the most user-friendly blockchains and use cases. Solana still feels separate from the broader Ethereum ecosystem, much like the various Ethereum L2s used to feel. If we fail to make it easy for users to explore different ecosystems after the excitement around trends like memecoins fades, we’ll lose them just as quickly as they arrived.

In the past, moving from one chain to another (whether to Ethereum, Base, or another L2) felt complicated and costly. It’s much like arriving in an exciting new city, eager to explore, only to realize that the best destinations are hard to reach due to outdated transit systems. This is how crypto feels for many users today: full of potential, yet bogged down by friction at every step. This friction isn’t inevitable and we now have the tools to remove it.

Crosschain Infrastructure Offers the Solution

Crosschain infrastructure can provide the solution. Industry-wide standards like ERC-7683 allow web3 apps to handle complex multi-step crosschain transactions as a single user request. Authored by Across and Uniswap, the standard enables developers to hide the complexity of interacting with multiple chains while still leveraging their combined power. Users benefit from the best of both worlds: the simplicity of one chain with the scalability of many. 

The Future is Unified

Solana’s recent user growth illustrates how UX optimization can drive onboarding at scale. But onboarding is just one side of the equation – retention is the real test. For web3 to truly grow, it needs to feel like one seamless ecosystem, not a collection of fragmented networks. In the same way ERC-7683 and intents have unified Ethereum L2s, we must give users the same seamless interactions with Solana.

Ethereum, Solana, and every other chain aren’t in a zero-sum battle. The future isn’t about which chain wins. It’s about making web3 work as a unified, intuitive experience. This means building infrastructure that connects users across chains fast, simplifying complexity, and making the entire ecosystem feel cohesive. Web3 will only scale when users stop thinking about chains entirely, just like no one thinks about TCP/IP when browsing the internet. That’s the future we’re building toward.

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Vitalik Buterin wants to make Ethereum ‘as simple as Bitcoin’ by 2030

Vitalik Buterin wants to make Ethereum ‘as simple as Bitcoin’ by 2030



Ethereum co-founder Vitalik Buterin believes that the blockchain’s long-term resilience and scalability hinge on making it simple, like Bitcoin. In a blog post on May 3, he described how “Ethereum 5 years from now can become close to as simple as Bitcoin.” Buterin wrote:

“One of the best things about Bitcoin is how beautifully simple the protocol is.”

According to Buterin, Bitcoin’s minimalist design and simplicity makes it accessible, so that even a high-school student can grasp the concept and architecture of the protocol. Simplicity, Buterin argued, also brings other benefits, like cutting the cost of creating new infrastructure and maintenance of existing infrastructure, as well as reducing the risk of bugs.

Recent upgrades like proof-of-stake (PoS) and Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARK) integration have made Ethereum more robust. However, neglecting simplicity of design has added to Ethereum’s costs. Buterin explained:

“Historically, Ethereum has often not done this (sometimes because of my own decisions), and this has contributed to much of our excessive development expenditure, all kinds of security risk, and insularity of R&D culture, often in pursuit of benefits that have proven illusory.”

Simplification of the Ethereum consensus layer

In November, Ethereum Foundation researcher Justin Drake proposed a consensus layer upgrade called the ‘Beam Chain.’ Buterin believes that the Beam Chain is “well-positioned to be much simpler” than its outdated predecessor, the current beacon chain.

This is because the beam chain will allow for 3-slot finality redesign, which will eliminate complex concepts like separate slots, epochs, and sync committees, Buterin noted. He also highlighted that a basic implementation of 3-slot finality can be achieved through about 200 lines of code, making it much simpler.

The beam chain will also reduce the number of active validators at a time, which would make it “safer to use simpler implementations of the fork choice rule,” Buterin wrote.

The beam chain will also incorporate STARK-based aggregation protocols, which means anyone can be an aggregator. Buterin noted:

“The complexity of the aggregation cryptography itself is significant, but it is at least highly encapsulated complexity, which has much lower systemic risk toward the protocol.”

Buterin added that the reduction of active validators and incorporation of STARK-based aggregators will “likely enable a simpler and more robust” P2P architecture. He went on to say that there is an opportunity to rethink and simplify several facets, from validator entry and exit to inactivity leak. And this can be achieved both by reducing line-of-code (LoC) count and by creating “more legible guarantees.”

Buterin highlighted that the consensus layer is “relatively disconnected” from Ethereum Virtual Machine (EVM) executions, which provides a “relatively wide latitude” to make improvements compared to the execution layer.

Simplification of the Ethereum execution layer

Last month, Buterin proposed replacing EVM contract language with RISC-V to boost efficiency by up to 100x. Buterin argued that the adoption of RISC-V will also increase simplicity, since the “RISC-V spec is absurdly simple compared to the EVM.”

However, this would mean ensuring that backwards compatibility for existing applications are preserved. Buterin wrote:

“The first thing that is important to understand is: there isn’t one single way to delineate what is the “Ethereum codebase” (even within a single client).”

According to Buterin, the orange area cannot be decreased. The goal, Buterin claimed, is to minimize the green area, by moving code to the yellow area, that indicates “code that is very valuable for understanding and interpreting the chain today, or for optimal block building, but is not part of consensus.” Buterin likened this process to how Apple achieves long-term backwards compatibility through translation layers. He wrote:

“Importantly, the orange and yellow areas are encapsulated complexity, anyone looking to understand the protocol can skip them, implementations of Ethereum are free to skip them, and any bugs in those areas do not pose consensus risks.”

This is why code complexity in the orange and yellow areas have “far fewer downsides” compared to code complexity in the green area.

To reduce the green area, Buterin proposed the following steps:

Phase 1: New precompiles will be written in RISC-V.

Phase 2: Developers will have the option to write contracts in RISC-V.

Phase 3: All precompiles will be replaced with RISC-V implementations through a hard fork.

Phase 4: Implement an EVM interpreter in RISC-V and push it onchain as a smart contract.

The above steps would ensure that Ethereum consensus would “natively” understand only RISC-V, Buterin stated.

Protocol-wide standards for simplification

Buterin proposed sharing “one standard across different parts of the stack” as a path towards simplification.

For instance, Buterin suggested using a single erasure code for data availability sampling, P2P broadcasting, and distributed history storage. This would minimize the total lines of code, increase efficiency and ensure verifiability, he argued.

Similarly, he proposed having a single shared serialization format across the three Ethereum layers: execution layer, consensus layer, and smart contract calling Application Binary Interface (ABI). Buterin suggested using SSZ, which is easy to decode and widely used.

Lastly, once the EVM has been replaced with RISC-V or another simple language, Buterin proposes switching to a binary tree from the hexary Merkle Patricia tree, both for the consensus and execution layers. This transition could improve efficiency and reduce costs while ensuring that all Ethereum layers can be accessed and interpreted using the same code, Buterin wrote.

A change in ethos

Buterin concluded by proposing that Ethereum, following the example of Tinygrad, adopt an explicit maximum line of code target. The goal, Buterin reiterated, is to make “Ethereum consensus-critical code close to as simple as Bitcoin.”

But more importantly, Ethereum needs to adopt an ethos where the simpler option is chosen wherever possible. This would mean favoring encapsulated complexity over systemic complexity.

Buterin reassured that code that deals with processing Ethereum’s historical rules will continue to exist with his latest proposal. However, such code should be kept outside the consensus-critical code, or the green area.

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The Complete PDF Guide to Data Governance | Web3Wire

The Complete PDF Guide to Data Governance | Web3Wire


Data Governance Market

One of the key drivers of the data governance industry is the increasing number of regulatory compliance requirements that organizations must meet. Organizations will place greater emphasis on the role of data stewardship in their data governance frameworks. Data stewards are responsible for maintaining data accuracy, quality, and consistency across systems. As data complexity increases, businesses will need dedicated data stewards who ensure the effective management of data, ensuring its quality, usability, and security. Data quality management will remain a top priority in data governance strategies, particularly for organizations relying on data-driven decision-making.

Get a PDF Copy: https://www.theinsightpartners.com/sample/TIPRE00007327/?utm_source=OpenPR&utm_medium=10183

The Innovative Key Players are include:• Collibra Inc• IBM Corporation• Informatica Inc• Oracle Corporation• Reltio Inc• SAP SE• SAS Institute Inc• Talend• TIBCO Software Inc

Contact Us:Contact Person : Ankit MathurPhone : +1-646-491-9876E-mail : sales@theinsightpartners.com

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Next Telegram Gaming Boom Will Come From Reinventing Classics: ‘Notcoin’ Founders – Decrypt

Next Telegram Gaming Boom Will Come From Reinventing Classics: ‘Notcoin’ Founders – Decrypt


Telegram game Notcoin kick-started last year’s tap-to-earn revolution that amassed hundreds of millions of players on the messaging app, but enthusiasm for the model has since dwindled following underwhelming token launches tied to increasingly overcomplicated schemes.

Now, a year after Notcoin’s NOT token launch sparked the frenzy, the game’s founders believe that reinventing classic video games via its recently launched Not Games platform will prompt the next Telegram gaming boom.

Sasha Plotvinov, co-founder of Notcoin, told Decrypt that he believes that demand for tap-to-earn games did not significantly increase after Notcoin’s release, even though the number of games on offer grew exponentially. This oversaturation of the market, he said, is the main reason why he believes the tap-to-earn genre died out so rapidly.

On top of saturation, tap-to-earn games had monotonous gameplay loops consisting of mindlessly tapping your screen to earn in-game points. This was all done in the pursuit of a future airdrop, which increasingly disappointed participants more often than not.

As such, Sasha and his brother and fellow Notcoin co-founder Vladimir Plotvinov believe that the future of Telegram gaming will be focusing on the gameplay above token reward schemes.

“We are looking at 10, 15, 20 years back… for examples of games that were popular because people just wanted to play them,” Sasha told Decrypt at Token2049 in Dubai this week. “And we just take these mechanics and try to replicate this in a new format, and also introduce the second layer of [a crypto] economy.”



Learning from the tap-to-earn wave, the co-founders believe that creating a sustainable economy via its Not Games platform is crucial this time around—due to the fact that most tap-to-earn token prices plummeted after their respective launches.

These economies will utilize The Open Network (TON) to allow players to trade skins and other cosmetics on an open marketplace. Sasha stressed that they want to avoid “pay-to-win” mechanics at all costs.

Sasha looks at the Counter-Strike skin economy, which is estimated to be worth $4.2 billion, and thinks that Telegram gaming needs this too. He points to the huge success of mobile games like Candy Crush Saga and Clash of Clans, and believes that a sustainable economy is the obvious next step for the industry.

Sasha Plotvinov, Uliana Salo, and Vladimir Plotvinov (from left) of Not Games at Token2049 Dubai 2025. Image: Decrypt

But why do this all on Telegram?

“It’s much easier. If you want to play a classic game, you need to get it on the App Store and download it,” Vladimir told Decrypt. “In Telegram, you don’t have to register because you already have an account—you can just open the web app and play in one second.”

With this ease of use also comes increased potential for social virality, which prompted much of the rise of tap-to-earn gaming as devs encouraged users to invite pals in exchange for in-game rewards. Uliana Salo, head of design and product lead for Not Games, believes that reinvented classics can also take advantage of this Telegram feature.

In 2024, WeChat claimed that 500 million users were playing in-app games on its platform each month. Sasha wants Not Games to be positioned for a similar level of potential success on Telegram, with the app recently hitting 1 billion active users.

“Telegram allows anyone from any place in the world to just push a button and [play a game],” he said. “From that perspective, I don’t see a reason why Telegram gaming would not succeed.”

To help Telegram achieve its gaming destiny, Not Games will continue to reinvent classic video games on the messaging app. Not Games’ first attempt is a reinvention of the classic in-browser game Agar.io, called Void, but more games are in the works.

The Plotvinov brothers didn’t expect Notcoin’s viral success, saying that its success came almost too quickly to comprehend. From this experience, they realized that you don’t have to ship a perfect product to gain notoriety. Instead, they plan to launch good ideas quickly, and stay agile when receiving user feedback. That’s the strategy behind Not Games.

“We will move this way,” Vladimir said. “Sometimes I meet with developers who are trying to build rockets, but it’s really not necessary. You can make a small batch of features, launch it, see it, get feedback, and work with it.”

Edited by Andrew Hayward

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Hong Kong’s web3 moment: Blink and you’ll miss it

Hong Kong’s web3 moment: Blink and you’ll miss it


The following is a guest post and opinion from Sandy Peng, Co-Founder of Scroll.

Over 1,000 FinTech companies and nearly 5,000 startups now call Hong Kong home, a 15% jump in just one year. Hong Kong has rapidly transformed into one of Asia’s most dynamic innovation hubs, having just been named the second-most crypto-friendly city in the world, according to a recent report by Multipolitan

Fueled by proactive government policies, clear regulatory frameworks, and a surge in entrepreneurial activity, it’s positioning itself on the frontline of the global Web3 movement. However, as competitors like Singapore and Dubai accelerate their own digital asset ecosystems, Hong Kong faces a critical juncture: to secure its leadership, it must act swiftly and strategically.

Government Support & Institutional Interest

Hong Kong’s government has actively positioned the city as a digital asset hub over the past 4 years. A 2022 policy statement laid the groundwork for this, which led to a comprehensive licensing regime for virtual asset trading platforms in 2023​.

This support is personified by Web3Hub at Cyberport. Over 270 Web3 firms now operate out of Cyberport — a government-backed tech hub. By offering funding, office space, and regulatory guidance, Cyberport has become a launchpad for Web3 enterprises looking to scale within a supportive regulatory environment.

Major origin countries of non-local founders – startmeup.hk

Major institutions such as HSBC and Standard Chartered have also been pushed by the Hong Kong government to start integrating digital asset solutions into their operations​. And The Hong Kong Monetary Authority (HKMA) is leading efforts to integrate blockchain technology with the traditional financial system. 

The government has allocated HK$50 million (about $6.4 million) per year to support the development of the Web3 ecosystem, including funding research projects, education programs, and accelerator initiatives​.

Regulatory Clarity as a Competitive Advantage

While countries like the United States continue to battle fragmented and often adversarial crypto regulations, Hong Kong is charting a different course, one of clarity, structure, and vision. At Consensus 2024, the SFC launched its ASPIRe Roadmap: a regulatory blueprint built around five pillars – Access, Safeguards, Products, Infrastructure, and Relationships.

This roadmap sets out 12 specific initiatives, from token listings to staking, borrowing, and custody rules, all aimed at creating a resilient, regulated, and innovation-friendly environment. With this move, Hong Kong became one of the first global regulators to reaffirm its “open for Web3 business” stance in a post-SEC Crypto Task Force world.

China’s Indirect Influence

Beijing is infamous for its implementation of strict anti-crypto regulations — specifically around trading and mining. This has led to suggestions that Hong Kong is serving as a controlled testing ground for digital asset regulations, allowing China to observe the sector’s development without directly engaging in it​.

If Hong Kong’s approach proves successful—demonstrating that crypto regulation can coexist with financial stability—it could shape future policies in China. Conversely, if significant risks emerge, Beijing can distance itself from the experiment and adjust its stance accordingly​

One area where China and Hong Kong are closely aligned is central bank digital currencies (CBDCs). While China has pushed forward with its Digital Yuan (e-CNY), Hong Kong is working on its own version, e-HKD, under the guidance of the Hong Kong Monetary Authority (HKMA)​

So, while Beijing remains skeptical of decentralized cryptocurrencies like Bitcoin and Ethereum, it sees potential in state-backed blockchain-based financial systems.

Challenges Ahead

Even with strong support from the government, Hong Kong still faces several real-world challenges before it can call itself the world-leading Web3 hub:

Balancing Regulation and Innovation: Hong Kong’s detailed regulations give companies confidence, especially compared to the unclear regulations in other countries. But some startups worry that strict checks—like tough listing requirements for tokens—might limit what they can do. If innovation feels blocked, some developers may take their ideas elsewhere. However, the recent staking guidance shows that Hong Kong regulators are not just enforcing rules, they’re evolving them to meet the needs of a maturing market.
Tough Global Competition: Hong Kong isn’t the only city aiming to lead in Web3. Singapore, Dubai, and even London are making big moves, offering tax benefits, fast licensing, and innovation zones. If Hong Kong doesn’t keep pace—or better yet, set the pace—it could lose top talent and investment to these rising hubs.
Bridging Old and New Finance: Hong Kong is already a major global hub for traditional finance. Although the government is pushing to bridge the two worlds, traditional banks and blockchain startups often work in very different ways. There could be pushback from the established traditional finance players, and they might have to take a pause on the Web3 push if it risks losing its current status as a powerhouse financial hub.

Looking Forward

Hong Kong has laid the groundwork to become the Silicon Valley of Web3. But what it does next won’t just shape its own economy, it could influence how the world regulates and builds the decentralized web. The stakes are bigger than headlines or hype.

If the city can balance innovation with stability, openness with oversight, and ambition with execution, it may define the future of finance and the architecture of Web3 itself. But staying ahead means more than momentum. Hong Kong must continue nurturing local talent and encourage traditional finance to evolve alongside Web3 technology, not against it.

The window of opportunity is open now, but it won’t stay open forever.

The post Hong Kong’s web3 moment: Blink and you’ll miss it appeared first on CryptoSlate.



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