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Showing posts with the label virtuals protocol

Weekly Project Updates: Ethereum Increases Block Gas Limit, Berachain's Mainnet Launches, and Uniswap V4's TVL Exceeds 60 Million, etc

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1. Ethereum Network Increases Block Gas Limit under PoS Mechanism for the First Time link The Ethereum network has successfully increased the block Gas limit for the first time under the PoS mechanism after receiving support from over 50% of the validators. Data shows that the Gas limit has broken through from 30 million to 31.5 million, and is expected to eventually be adjusted to 36 million. This adjustment has been achieved without a hard fork, which has enhanced the network’s transaction capacity. It’s worth noting that the last adjustment of the Ethereum Gas limit was in 2021, when it was raised from 15 million to 30 million. 2. Ethereum Pectra Upgrade Test Plan Confirmed, Scheduled for Release in April link Ethereum developers have determined the testing dates for the Pectra upgrade. This is the network’s first upgrade in 11 months and is scheduled for release in April 2025 (Note: It was previously thought to be in 2024, but the latest information shows it’s in 2025). The Pectra ...

Is this the worst Congressional crypto trade yet?

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Though J.D. Vance and Ted Cruz have been much discussed for their cryptocurrency – and primarily Bitcoin (BTC) – holdings, they have been far from the most prolific digital assets traders among U.S. politicians. Representative Mike Collins of Georgia’s 10th congressional district has been an active cryptocurrency trader with an affinity for altcoins and meme coins. Since late 2023, he has reported dozens of trades involving coins and tokens such as Ethereum (ETH), Velodrome (VELO), and Aerodrome (AERO). As the latest filings retrieved with Finbold’s Congressional trading tracker – and as Finbold’s earlier coverage – revealed, Collins has been active in the cryptocurrency market in 2025 as well, and his latest three trades – all reported on February 3 – involved ETH and Virtuals Protocol (VIRTUAL). Picks for you ...