Search results for "TIM"
14:32

Latest Ethereum ACDE meeting: Decided to remove EIP 7907 from the Fusaka upgrade.

At the 216th Ethereum Core Developer Meeting, it was decided to remove EIP 7907 from the Fusaka upgrade, with the smart contracts code size limit remaining unchanged. The Fusaka launch schedule includes a public testnet release in August and a testnet upgrade in October. Meanwhile, the implementation details of the Glamsterdam Hard Fork are still under discussion, with a final decision planned to be made in the coming weeks.
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ETH-1.56%
03:10

Resolv team: In the past 24 hours, 1.6 million RESOLV have been repurchased at a price of $0.15.

Odaily News Resolv team member Tim Shekikhachev posted on X that Resolv has released over 15% of its Token supply to the market, including Airdrop, liquidity provider inventory, and incentive budget. Most of this has flowed to early users who have long supported the protocol before the Token generation. Some investors are shorting the Token in anticipation of public market selling and plan to buy back at a lower price. Considering the aggressive dumping that typically occurs after an Airdrop, this strategy makes sense, as savvy investors would want to get on board at a lower valuation for greater returns. Tim added: "The Resolv Foundation has not sold any tokens during this period. In fact, at the current price level, we are committed buyers – purchasing 1.6 million RESOLV at an average price of about $0.15 over the past 24 hours."
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01:28

Senator Scott urges the House to quickly send the GENIUS stablecoin bill to Trump.

Gate News bot message, last week, Senate Banking Committee Chairman Tim Scott commented on President Donald Trump's support for the Stablecoin Act (GENIUS Act, S. 1582). The bill aims to establish a federal regulatory framework to promote stablecoin innovation. The bill was passed by a Senate vote last week, with 68 senators voting in favor and 30 senators voting against. Only two Republicans voted against the bill, which received strong bipartisan support. The bill is currently awaiting a vote in the House of Representatives.
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TRUMP-3.54%
11:24

Ethereum developers are considering increasing the L1 Gas limit fourfold as a key feature of the Fusaka Hard Fork.

Ethereum core developers are considering increasing the Layer 1 Gas limit by four times to 150 million in the next Hard Fork Fusaka. This move aims to expand execution capacity without requiring new features, but it needs developer guidance for testing and fixing bugs. Validators have supported raising the Gas limit, which is currently slightly below 36 million. Pectra is planned to go live in May, and Fusaka may launch by the end of 2025.
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ETH-1.56%
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01:57

The 210th Ethereum core developer meeting discussed topics such as Gas Limit increase and EOF upgrade.

According to the Gate.io News bot, Tim Beiko summarized the 210th Ethereum execution layer core developer meeting (ACDE), which discussed several important topics. Regarding the EIP-7935 proposal, developers plan to increase the L1 gas limit before the launch of Fusaka. The current Gas Limit is 36M, and the proposal suggests raising it to XX0 M before Fusaka. Although the specific value is set by validators, it will be coordinated through EIP to adjust the default value for clients. The conference also established the configuration specification format for the BPO fork and discussed the EOF upgrade matters. A developer suggested replacing the EVM with RISC-V. Considering the uncertainty of the RISC-V solution, this proposal did not change Fusaka's decision on EOF, but the development team believes that EOF may not be a long-term execution environment. In addition, the client team plans to delete the history on the Sepolia test network in the coming weeks. Source: Wu Says
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ETH-1.56%
GAS4.73%
00:41

Ethereum developer Tim Beiko proposed restructuring the core developer meeting structure.

According to the Gate.io News bot, Tim Beiko, a core developer of Ethereum, proposed a structural adjustment plan for the AllCoreDevs (ACDE\ACDC) meeting. The plan suggests repositioning the AllCoreDevs meeting to focus on future upgrade planning as a platform, and transferring the specific implementation matters of the current fork to the existing testing calls (ACDT) mechanism for handling. Currently, the agenda of the AllCoreDevs meeting involves a wide range of topics, requiring developers to frequently shift their focus from long-term development planning to short-term technical debugging within the same meeting, which reduces the efficiency of the discussions. By separating responsibilities, the AllCoreDevs meeting will focus on strategic issues, while testing conference calls will be responsible for addressing specific tactical problems.
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01:18

Ether mainnet Pectra upgrade may take place as early as April 25, depending on the status of the new Testnet Hoodi

The ETH Foundation announced the latest information about the Pectra upgrade: launching the long-term Testnet Hoodi, conducting upgrade testing on March 26; the Mainnet upgrade time will be determined at least 30 days after testing; the Fusaka plan will be executed synchronously, the EIP deadline is March 24, and the upgrade scope will be temporarily frozen on April 10.
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ETH-1.56%
05:29

Tim Beiko: Holesky will address the upgrade failure through slash, Sepolia upgrade time remains unchanged, Mainnet upgrade time is currently undetermined

Tim Beiko, the responsible person of the ETH Foundation protocol, has updated information about the Holesky test network Pectra upgrade failure. A large-scale slash will be carried out to confirm the correct on-chain Block, and the entire process may last for 2-3 weeks until the weight of validators drops below 33% of the entire network. The upgrade time for the Sepolia test network remains unchanged to provide a longer testing period. The Mainnet upgrade date will be discussed at the ACDC meeting next week, but the specific date is not yet determined.
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ETH-1.56%
23:44

Australian Crypto Assets billionaire successfully thwarted a kidnapping attempt and escaped after biting off the kidnapper's finger.

According to Gate News bot, as reported by Decrypt, Australian crypto assets billionaire Tim Heath provided detailed testimony during the court hearing of his kidnapping incident in Estonia. The incident occurred last year, and Heath managed to escape by biting off one of his attacker's fingers. The court has listed the DNA from the severed finger found at the scene as key evidence. tune
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01:39

Billionaire Tim Draper: BTC is the 'Microsoft of the operating era'

Gate News bot message, billionaire Tim Draper compared BTC (BTC) to 'the Microsoft of the operating era' in a post on social media X. He said that programmers now 'tend to' dominate the market with Blockchain, just like Microsoft Excel prevented Lotus 1-2-3 from dominating the spreadsheet market.
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BTC-0.37%
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17:51

Zoop, founded by the OnlyFans founder, collaborates with the Hedera network to bid for TikTok.

Gate.io News bot news, Reuters reports that Zoop, a startup founded by OnlyFans founder Tim Stokely, has submitted a letter of intent to acquire TikTok to the White House. Zoop has partnered with Hbar Foundation, becoming one of the bidders ahead of the deadline faced by ByteDance. Zoop has promised in its proposal to allocate most of its revenue to content creators and is currently negotiating cooperation with multiple investors, with specific details not yet disclosed. The New York Times also reported that Amazon has submitted a letter of intent for acquisition. According to U.S. law, ByteDance must complete the acquisition or exit the U.S. market for TikTok by April 5, as the bill will officially take effect in January 2024 based on national security concerns.
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23:47

The BTC network is used to record the results of the local Republican Party elections, demonstrating the application of blockchain in elections.

The Republican Party in Williamson County, Tennessee, used the BTC network for elections, and the results are permanently recorded on the Blockchain. The Blockchain voting system has the advantages of security and transparency, can reduce the cost of elections, and provide instant verification of results. However, there are still network security risks, as pointed out by MIT. Experts recommend increasing the degree of Decentralization and executing data calculations on-chain to address these challenges.
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BTC-0.37%
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11:17

Ether Sepolia Testnet Pectra upgrade encountered issues, developers have started investigating

ChainCatcher message, Tim Beiko, the protocol support lead of the Ethereum Foundation (EF), stated in an update: 'Well, it looks like I jinxed it... We are investigating issues caused by a custom deposit contract deployed by Sepolia. This has caused some issues for execution layer (EL) clients, including transactions in Block.' Earlier news, Pectra upgrade has been activated on the Sepolia testnet and entered the final testing phase.
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ETH-1.56%
EL-7.87%
03:47

Australian encryption investors cleverly untie the crisis and fight back in self-defense.

According to Gate News bot, reported by Decrypt, Australian Crypto Assets entrepreneur and investor Tim Heath successfully performed a bail-in during a carefully planned kidnapping incident. According to court testimony, the attacker monitored Tim Heath in advance using a GPS tracker and a disposable phone. One of the suspects was in possession of a forged document from Azerbaijan.
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05:45

The Ethereum Foundation announced a new organizational structure, prompting analysis from industry experts.

Gate News bot reported that recently, cryptocurrency researcher Christine Kim raised several questions about the latest organizational structure released by the Ethereum Foundation. The structure shows that Tim Beiko, Barnabé Monnot, and Alex Stokes will take on multiple roles, including leading all R&D teams and managing their respective teams. They will be responsible for L1 and L2 scaling and user experience (UX) improvements over the next 12 months. Christine Kim pointed out that there are several matters to be clarified in the architecture diagram, involving the identification of team leaders with bold names, the specific purposes of the highlighted sections, as well as Tim's protocol coordination and project supervision scope. She also raised questions about the color grouping system, including the grouping methods for consensus mechanisms and account abstraction, as well as issues related to the combination logic of Testing and pandaops. Source: Wu Says
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ETH-1.56%
05:51

Billionaire Tim Draper predicts Bitcoin will rise to $250,000 this year.

Gate News bot, billionaire and Silicon Valley investor Tim Draper reiterated that the price of bitcoin will reach $250,000 by 2025. Draper has been sticking to his previous price prediction of $250,000 for Bitcoin, citing several factors that could push the price higher. He said that bitcoin could overtake the dollar "indefinitely", which he predicted last month. Draper added that in 10 years the dollar will cease to exist because Bitcoin will take its place. At the same time, the market is generally optimistic as President Trump continues to move forward with a trade deal. Recently, Trump Media & Technology Group submitted an application for a Bitcoin spot ETF, which became an important catalyst. Another factor is the upcoming regulatory framework for cryptocurrencies in the United States. On May 19, the U.S. Senate passed the GENIUS Act in a bipartisan vote of 66 in favor and 32 against, taking a key step toward regulating stablecoins.
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BTC-0.37%
10:59

Ethereum core developer Tim Beiko has released a proposal to "restructure the AllCoreDevs governance process".

PANews reported on May 8 that Ethereum core developer Tim Beiko released a proposal to "reconstruct the governance process of AllCoreDevs", aiming to optimize the functional decision-making mechanism in network upgrades. The proposal proposes to clarify the strategic direction of the "fork focus" (e.g., extensibility, developer experience, etc.) before each hard fork, and evaluate the feature proposal through a standardized template that requires a clear description of the technical value, risks, and community impact. The new process uses a two-stage review: early community discussion and later testnet validation, with only 1-2 core functions advanced for each layer of upgrade to avoid resource dispersion. For controversial cases such as EOF, it is stipulated that rejected proposals may not be resubmitted in other forms in the same cycle. The programme also proposes the establishment of a formal working group mechanism to conduct regular strategic reviews of long-term development projects. The reform aims to improve decision-making transparency, balance development efficiency and community consensus, and is expected to significantly improve Ethereum's upgrade governance model. raise
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ETH-1.56%
08:02

Ethereum developers propose to optimize the governance process.

On May 8, news reported that Ethereum core developer Tim Beiko released a proposal to improve the Ethereum governance process, focusing on optimizing the selection of the Hard Fork "Headliner" feature. The proposal includes: clarifying fork goals (Fork Focus), limiting to one Headliner feature per layer, adopting a "Barbell" strategy to strengthen community feedback, formalizing Working Groups, and documenting the governance process. This move aims to enhance transparency and decision legitimacy while maintaining Ethereum's community-driven characteristics.
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ETH-1.56%
09:37

Ethereum developer Tim Beiko proposed a governance process restructuring proposal.

Gate.io News bot message, Ethereum core developer Tim Beiko released a new proposal aimed at restructuring the AllCoreDevs governance process. The proposal focuses on optimizing the selection mechanism for flagship features in network upgrades, specifically including clarifying fork priorities, limiting one flagship feature per layer, establishing a dual-phase community feedback mechanism for both early and testnet, and formally establishing a long-term upgrade working group. These measures aim to enhance decision-making transparency and governance legitimacy. Source: Wu Says
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ETH-1.56%
04:32

Analyst: Gold price remains resilient, Trump's tariff concerns keep gold near historic highs

The Jinshi data on February 20th, news, gold prices held steady near record highs on Thursday as US President Trump's tariff plan raised concerns about inflation rise and global trade wars. Tim Waterer, chief market analyst at KCM Trade, said, "Uncertainty about global trade and inflation prospects is favorable for gold prices, and the $3,000 level is brought into view." However, Waterer also said, "If potential risks that could drag down gold prices are seen, if the peace protocol between Russia and Ukraine is close to achieving results, safe-haven demand may wane."
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TRUMP-3.54%
13:13

Tim Draper: Bitcoin may replace the US dollar within 10 years.

Odaily News Draper VC founder Tim Draper stated in a recent interview that Bitcoin may replace the US dollar within 10 years. (Bitcoin News) Tim Draper previously believed that Bitcoin could reach $250,000 by 2025, and the main factors driving the development of Bitcoin are: general market optimism following Trump's trade agreement, the anticipated regulatory framework soon to be introduced, and the continuous development of Web3 applications built on the Bitcoin blockchain.
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BTC-0.37%
18:17

The Senate Banking Committee in the United States has established legislative principles for market structure in Washington, D.C., providing clear guidance for the regulation of digital assets

Gate News bot message, according to the announcement of the U.S. Senate Banking Committee, Senate Banking Committee Chairman Tim Scott, Chair of the digital asset Subcommittee Cynthia Lummis, Senators Bill Hagerty and Thom Tillis today released principles for developing market structure legislation. These principles will guide Chairman Tim Scott and his colleagues in discussions and negotiations with industry participants, legal and academic experts, and government stakeholders regarding the text of the bill.
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02:24

The Ethereum Foundation is restructuring the Protocol team, focusing on L1, blob scaling, and user experience improvements.

Gate News bot reported that the Ethereum Foundation (EF) merged its protocol R&D department under the unified name "Protocol", and the new plan focuses resources on three technical priorities: scaling the base layer, scaling the blob capacity of the L2 network, and improving the user experience. Protocol currently has a reduced number of operating staff. The Foundation confirmed that some researchers and engineers left during the restructuring and encouraged other Ethereum companies to recruit these talents.
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ETH-1.56%
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00:37

The Ethereum Foundation team has undergone a renaming and restructuring, focusing on three strategic goals.

The Ethereum Foundation announced that the "Protocol R&D" team has been renamed to "Protocol" and is restructuring the team to focus on L1 scaling, blob scaling, and user experience improvements. Tim Beiko, Alex Stokes, and others will be responsible for execution, with some members leaving the foundation. The goal is to promote the development of Ethereum by improving R&D efficiency, accelerating zkEVM and L2 integration, and advancing global expansion.
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ETH-1.56%
06:45

On the occasion of important festivals, gold prices in India have reached 100,000 rupees per 10 grams.

As concerns grow in the market over Trump's firing of The Federal Reserve (FED) chairman, gold prices have rapidly risen, with New York futures and Spot gold prices reaching $3500 per ounce. Gold prices in India have also surged, drawing the attention of the middle class. Indian households may face greater pressure during the upcoming gold purchasing festival. Investors are turning to gold to avoid uncertainty with the dollar, which keeps gold in a favorable position.
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09:11

U.S. senators take action to limit Trump's power to wage war against Iran

Jin10 Data June 16 news, on Monday, a Democratic senator proposed legislation to prevent Trump from using military force against Iran without congressional authorization. Currently, the fighting between Israel and Iran is escalating, raising concerns about a wider conflict. For years, Tim Kaine of Virginia has been trying to reclaim Congress's war powers from the White House. During Trump's first term, in 2020, Kaine introduced a similar resolution to curb Trump's ability to wage war against Iran. This measure passed in both the Senate and the House, gaining support from some Republicans, but did not receive enough votes to withstand a veto from the Republican president.
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TRUMP-3.54%
02:52

Analysts: Before the Federal Reserve meeting, gold prices may trade in the range of $3200-$3350.

Jin10 data reported on May 5, the gold price strengthened on Monday, boosted by the weakening dollar, as investors awaited clearer trade policies between the U.S. and its trading partners, and anticipated the policy decision to be announced by the Federal Reserve later this week. Tim Waterer, Chief Market Analyst at KCM Trade, stated, "Ahead of this week's Federal Open Market Committee (FOMC) Meeting, the sluggish dollar movement has allowed gold prices to rise slightly. We may see gold prices continue to trade in the range of $3200-$3350 before the Federal Reserve meeting. However, any new news regarding the trade agreement could lead to an increase in volatility again."
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02:50

Coinbase investor: The value of Bitcoin could reach "infinite" dollars

Coinbase investor Tim Draper stated on the X platform that the value of Bitcoin could reach "unlimited" dollars, warning of the collapse of fiat trust and the weakness of the dollar. He pointed out historical cases, such as the Inflation of Confederate silver dollars during the Civil War, which saw the dollar drop to 10 million to 1, and noted that current dollar confidence is decreasing, suggesting that the U.S. may increase its Bitcoin strategic reserves.
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BTC-0.37%
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19:21

In the event of a recession, the Fed could begin a series of rapid rate cuts in June

BlockBeats News, on March 11, institutional analysis noted that the Federal Reserve will not lower interest rates at next week's policy meeting, but could begin a series of rapid rate cuts in June if recession fears caused by the trade war intensify and come true. In the futures market, at least, there are growing contracts betting that the Fed will deliver a 25bp rate cut in June, July and October, a trend that follows US President Donald Trump's comments about a "transition period" over the weekend as he imposed tariffs on a number of countries. U.S. equities and Treasury yields also fell on Monday on fears that his comments portended an impending recession. "As calm as it may appear on the surface, if the Fed doesn't have time to assess the tariffs, and the impact of the Trump agenda as a whole on inflation, either labor or financial markets start to slide, [Fed policymakers] are on the verge of a double pair
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TRUMP-3.54%
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10:28

The 213th Ethereum ACDE meeting: Delay in raising Gas Limit to 60M

According to BlockBeats news on June 8, Tim Beiko summarized the 213th Ethereum execution layer core developer meeting (ACDE). This meeting mainly discussed: postponing the increase of Gas Limit to 60M (waiting for Berlinterop testing to provide specific throughput and latency data. In the worst case, it requires about 3 seconds for execution); Glamsterdam brainstorming. FOCIL.
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ETH-1.56%
GAS4.73%
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02:53

The 212th Ethereum ACDE meeting: Fusaka Devnet-0 will go live on May 26th.

The Ethereum execution layer core developer meeting on May 25 discussed the launch of Fusaka Devnet-0, the scope of Fusaka EIP discussions, testnet strategies, and future plans. Specific topics included discussions on EIP-7825 and EIP-7918, testnet strategies aimed at long-term maintenance testnets, as well as decision-making and discussion agendas in future planning.
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ETH-1.56%
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02:49

Ethereum execution layer core developer meeting: Fusaka Devnet-0 is scheduled to launch on May 26.

According to Gate News bot, Ethereum developer Tim Beiko summarized the 212th Ethereum execution layer core developer meeting (ACDE), confirming that Fusaka Devnet-0 is set to launch on May 26. The meeting discussed several Fusaka EIP proposals: EIP-7825 sets the transaction Gas limit to 30M, while EIP-7918 anchors the Blob fee rate to the Base Fee to alleviate fee fluctuations. These two proposals have been confirmed to be included in Devnet-1, and other candidate EIPs will be considered in Devnet-2. In terms of testnet strategy, the development team decided to first fork Sepolia while retaining Hoodi for application testing and encouraging community participation in the long-term maintenance of the testnet. Regarding the follow-up arrangements, next week's CL Call will make a decision on EIP-7917, and the ACDE meeting two weeks later will determine the content of Devnet-2 and start discussions related to Glamsterdam. Source: Wu Says
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ETH-1.56%
14:19

Tim Draper: has been continuously buying more Bitcoin

ChainCatcher news, American billionaire investor Tim Draper stated in an interview, "I have been constantly buying more Bitcoin." Previously, Tim Draper mentioned that Bitcoin will replace the US dollar within 10 years. Tim Draper was involved in a U.S. Marshals auction in July 2014.
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BTC-0.37%
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06:14

Tim Draper: I have been continuously buying more Bitcoin.

TSL and early Skype investor Tim Draper stated that he continues to buy Bitcoin, having acquired approximately 29,656 Bitcoins for about $19 million. Draper is optimistic about the future potential of Bitcoin, believing it can provide liquidity for emerging markets and serve as a hedge against currency devaluation.
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BTC-0.37%
01:20

Summary of the 157th Ethereum Consensus Layer Core Developer Meeting: The Fusaka Development Network is expected to go live on May 26, and the Pectra upgrade has been completed.

The 157th meeting of the Ethereum Consensus Layer core developers conference (ACDC) has been held, with major progress including the completion of the Pectra upgrade, stable operation in the Fusaka direction, discussions on validator custody standards, and proposals for restructuring the ACD meeting framework. The restructuring will focus on the current and next fork, aiming to strengthen community participation in proposal formulation and establish a full-process tracking mechanism for EIPs.
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ETH-1.56%
04:33

CrossCurve has completed a new round of financing of $1 million, with Coinbase investor Tim Draper participating.

Golden Finance reported that the cross-chain DeFi protocol CrossCurve has announced the completion of a new round of financing of $1 million, with investors including Coinbase investor Tim Draper, 1inch co-founder, and GBV Capital. So far, the company's total financing has reached $9.5 million. It is reported that the new funds will be used to build decentralized unified cross-chain liquidity and incentive mechanism infrastructure based on Curve AMM for CrossCurve.
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02:04

Ether core developer Tim Beiko: The recent organizational restructuring of Ethereum will be a historical turning point

The ETH Foundation has made important organizational adjustments: Hsiao-Wei Wang is responsible for standardization research, Tomasz Stanczak and Aya Miyaguchi serve as co-executive directors, and Danny Ryan joins the new organization, Etherealize. This transition represents a significant historical turning point, and the new structure will maintain the value of Ethereum and ensure its sustainable development. Although there is still a lot of work to be done, the current architecture provides the best foundation for achieving the goals.
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ETH-1.56%
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23:55

The U.S. Senate Banking Committee advances cryptocurrency legislation, and the GENIUS Act is expected to pass in 2025.

According to the Gate.io News bot and a report by Cointelegraph, Tim Scott, the chairman of the U.S. Senate Banking Committee, announced that the cryptocurrency market structure bill is expected to officially take effect before August 2025. Scott revealed that the Senate Banking Committee has advanced a comprehensive stablecoin regulation bill—the GENIUS Act—in March 2025. In his remarks, he emphasized that in order to ensure the United States' dominant position in digital assets within the global economy, innovation should occur prior to regulation.
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