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Justin Drake proposes ‘Beam Chain’ to replace Ethereum Beacon Chain

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Ethereum researcher Justin Drake said that when it comes to staking, the proposal aims to change the requirements from 32 ETH to 1 ETH. 

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Coin Market

THORChain halts swaps after block reorg bug, slowing Binance hackers

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THORChain node operators paused swaps involving assets on 10 networks, including Bitcoin, Ethereum, Solana and Tron.

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Coin Market

Binance net outflows surge to $5.8B as withdrawals resume after record hack

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The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.

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$3.6B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest

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Binance has reopened withdrawals following the world’s biggest ever hack, and THORChain co-founder argues it should not halt the protocol to comply with FBI demands.

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