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forklog.media Ethereum’s EIP-8142 to Replace Blocks with ‘Blobs’ for Scalability

Ethereum researchers are considering a proposal to transfer transaction data into BLOB objects, which are published alongside blocks. The initiative aims to reduce bandwidth requirements and enhance blockchain scalability. In the article "Blocks are Dead. Long Live Blobs," Tony Warshtetter and other developers outlined a draft of the EIP-8142 standard, also known as Block-in-Blobs. The concept proposes encoding transaction data directly into "blobs," eliminating the need for validators to download and re-execute the full payload. According to the authors, this approach addresses architectural bottlenecks. Increasing block sizes combined with higher gas limits forces validators to process a growing volume of data, which overloads the network and limits its development. Dynamics of the gas limit in Ethereum. Source: YCharts. "Blobs" emerged in March 2024 with the activation of the Dencun hard fork as part of the data availability roadmap. Implemented through EIP-4844 (proto-danksharding), they are designed for the efficient transfer of large data arrays, as opposed to standard transaction calls (calldata). Unlike on-chain storage of all details, BLOB objects allow for cryptographic fixing and verification of data without full replication across the network. Block-in-Blobs EIP-8142 builds on the concept established in Dencun. The proposal transfers the main payload, already encoded in the RLP standard, directly into "blobs," moving away from their use solely as an auxiliary data layer. Validators will verify cryptographic proofs of BLOB objects and eventually transition to a data availability sampling (DAS) mechanism. This will enable them to verify small fragments to confirm the presence of the entire data array without downloading it in full. The change is expected to become particularly relevant in the future when systems like zkEVM will be responsible for transaction execution verification. Zero-knowledge proofs (ZKP) can confirm the correctness of operations processing, eliminating the need for their re-execution. However, ZKP alone does not guarantee actual data availability. Warshtetter explained that in zkEVM, proofs are verified rather than transactions directly. Without a separate control mechanism, information may be hidden even when consensus is successfully reached. The Block-in-Blobs proposal aims to address this vulnerability. The update will also affect the fee system. Currently, Ethereum separates gas for operations execution and gas for blob usage. In the new model, they may be combined into a single "data gas." Developers believe this will equalize costs for various forms of data availability and prevent limit overlaps. ERC-8211 by Biconomy Parallel efforts are underway to improve the structure of transactions themselves. The Biconomy project, in collaboration with the Ethereum Foundation's UX division, proposed the ERC-8211 standard, which turns transactions into programmable workflows. Instead of fixing parameters at the time of signing, ERC-8211 allows operations to obtain on-chain data in real-time, check specified conditions, and sequentially execute multiple steps with a single signature. The main goal is to reduce the number of failed transactions and enable more complex agent interactions in DeFi protocols. Both initiatives are part of extensive research within the Ethereum ecosystem. Developers have already outlined paths for network updates through the end of the current decade.As reported, Gnosis and Zisk, with support from the Ethereum Foundation, developed a framework to unify the fragmented ecosystem of second-layer networks.

blockonomi.com Bitcoin Exchange Reserves Drop to 866K BTC as Price Holds Near $68K Amid Outflows

TLDR: Bitcoin reserves declined from 980K to 866K BTC, showing continued withdrawal of coins from exchanges. Netflow data remains negative, confirming steady outflows and reduced sell-side liquidity across markets. Price dropped from $120K highs to $68K, yet supply contraction continues without a strong demand recovery. Current consolidation between $65K–$75K reflects a balance between accumulation trends [...] The post Bitcoin Exchange Reserves Drop to 866K BTC as Price Holds Near $68K Amid Outflows appeared first on Blockonomi.

bitcoinmagazine.com White House Says Banning Stablecoin Yield Would Hurt Consumers More Than It Helps Banks

Bitcoin Magazine White House Says Banning Stablecoin Yield Would Hurt Consumers More Than It Helps Banks A White House economic analysis finds that banning stablecoin yield would provide negligible benefits to bank lending while costing consumers more in lost returns. This post White House Says Banning Stablecoin Yield Would Hurt Consumers More Than It Helps Banks first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

news.bitcoin.com Report: Iran Charges Crypto and Yuan Tolls for Strait of Hormuz Oil Tanker Passage

Iran’s Islamic Revolutionary Guard Corps is reportedly collecting fees of up to $2 million per vessel in Chinese yuan and stablecoins for safe passage through the Strait of Hormuz, the world’s most critical oil chokepoint. Key Takeaways: Iran’s IRGC began charging ships up to $2 million per tanker to transit the Strait of Hormuz as […]

news.bitcoin.com Binance Founder CZ Shares Untold Story in New Book: Freedom of Money

Changpeng Zhao’s new book, Freedom of Money, offers a personal account of his journey from rural China to building Binance. It also explores crypto’s rise, controversies, and the future of financial freedom. Key Takeaways: Changpeng Zhao’s 2026 book details Binance’s 2017 rise, shaping views on crypto leadership. CZ covers FTX and Terra crashes, highlighting risks […]

bitcoinist.com SEC Admits Flaws In Crypto Enforment, What Went Wrong?

In a strange move, the U.S. Securities and Exchange Commission has clarified shortcomings in its past approach by dropping seven lawsuits against crypto companies, among them Binance and Coinbase. Another Crypto-Mishap…But From Regulators Strange things are happening in crypto today. Not only a top U.S. legacy outlet released a piece claiming to have uncovered Satoshi […]

bitcoinmagazine.com Morgan Stanley Becomes Official First US Bank To Launch A Spot Bitcoin ETF

Bitcoin Magazine Morgan Stanley Becomes Official First US Bank To Launch A Spot Bitcoin ETF Morgan Stanley officially launched the first U.S. bank-issued spot bitcoin ETF, undercutting rivals on fees and leveraging its massive advisor network to challenge BlackRock’s dominance. This post Morgan Stanley Becomes Official First US Bank To Launch A Spot Bitcoin ETF first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

bitcoinmagazine.com Iran to Accept Bitcoin for Strait of Hormuz Transit as Ceasefire Takes Hold

Bitcoin Magazine Iran to Accept Bitcoin for Strait of Hormuz Transit as Ceasefire Takes Hold Iran plans to charge ships Bitcoin tolls to pass through the Strait of Hormuz, tying the cryptocurrency to a key global energy chokepoint. This post Iran to Accept Bitcoin for Strait of Hormuz Transit as Ceasefire Takes Hold first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockmanity.com Blockchain Association Fires Back at Citadel Over Tokenized U.S. Securities Debate

Blockchain Association Fires Back at Citadel Over Debate A major battle is heating up in the world of finance. The Blockchain Association has hit back hard at Citadel Securities. They sent a strong letter to the U.S. Securities and Exchange […] The post Blockchain Association Fires Back at Citadel Over Tokenized U.S. Securities Debate appeared first on Blockmanity.

news.bitcoin.com Morgan Stanley Officially Launches MSBT at 0.14% Fee, Undercutting Blackrock IBIT as Bitcoin ETF Competition Intensifies

Morgan Stanley has officially launched its bitcoin exchange-traded product, marking a decisive step into digital assets and deeper institutional integration of crypto within traditional financial markets. Key Takeaways: Morgan Stanley has officially launched MSBT, confirming its entry into bitcoin ETF markets. MSBT sets a 0.14% fee, undercutting Blackrock’s IBIT and intensifying issuer competition. Coinbase and […]

blockonomi.com Top Crypto Savings Accounts to Earn Interest in 2026

Crypto savings accounts have moved beyond simple “earn” products. In 2026, the real differentiators are liquidity, payout frequency, transparency, and realistic APY—not just headline rates. Most platforms generate yield through lending, staking, or internal liquidity programs, which means returns vary depending on market demand and product structure. Below is a focused comparison of five platforms [...] The post Top Crypto Savings Accounts to Earn Interest in 2026 appeared first on Blockonomi.

forklog.media Ethereum’s EIP-8142 to Replace Blocks with ‘Blobs’ for Scalability

Ethereum researchers are considering a proposal to transfer transaction data into BLOB objects, which are published alongside blocks. The initiative aims to reduce bandwidth requirements and enhance blockchain scalability. In the article "Blocks are Dead. Long Live Blobs," Tony Warshtetter and other developers outlined a draft of the EIP-8142 standard, also known as Block-in-Blobs. The concept proposes encoding transaction data directly into "blobs," eliminating the need for validators to download and re-execute the full payload. According to the authors, this approach addresses architectural bottlenecks. Increasing block sizes combined with higher gas limits forces validators to process a growing volume of data, which overloads the network and limits its development. Dynamics of the gas limit in Ethereum. Source: YCharts. "Blobs" emerged in March 2024 with the activation of the Dencun hard fork as part of the data availability roadmap. Implemented through EIP-4844 (proto-danksharding), they are designed for the efficient transfer of large data arrays, as opposed to standard transaction calls (calldata). Unlike on-chain storage of all details, BLOB objects allow for cryptographic fixing and verification of data without full replication across the network. Block-in-Blobs EIP-8142 builds on the concept established in Dencun. The proposal transfers the main payload, already encoded in the RLP standard, directly into "blobs," moving away from their use solely as an auxiliary data layer. Validators will verify cryptographic proofs of BLOB objects and eventually transition to a data availability sampling (DAS) mechanism. This will enable them to verify small fragments to confirm the presence of the entire data array without downloading it in full. The change is expected to become particularly relevant in the future when systems like zkEVM will be responsible for transaction execution verification. Zero-knowledge proofs (ZKP) can confirm the correctness of operations processing, eliminating the need for their re-execution. However, ZKP alone does not guarantee actual data availability. Warshtetter explained that in zkEVM, proofs are verified rather than transactions directly. Without a separate control mechanism, information may be hidden even when consensus is successfully reached. The Block-in-Blobs proposal aims to address this vulnerability. The update will also affect the fee system. Currently, Ethereum separates gas for operations execution and gas for blob usage. In the new model, they may be combined into a single "data gas." Developers believe this will equalize costs for various forms of data availability and prevent limit overlaps. ERC-8211 by Biconomy Parallel efforts are underway to improve the structure of transactions themselves. The Biconomy project, in collaboration with the Ethereum Foundation's UX division, proposed the ERC-8211 standard, which turns transactions into programmable workflows. Instead of fixing parameters at the time of signing, ERC-8211 allows operations to obtain on-chain data in real-time, check specified conditions, and sequentially execute multiple steps with a single signature. The main goal is to reduce the number of failed transactions and enable more complex agent interactions in DeFi protocols. Both initiatives are part of extensive research within the Ethereum ecosystem. Developers have already outlined paths for network updates through the end of the current decade.As reported, Gnosis and Zisk, with support from the Ethereum Foundation, developed a framework to unify the fragmented ecosystem of second-layer networks.

news.bitcoin.com Onchain Data Flags Suspicious Bets on Polymarket and Hyperliquid Ahead of Trump’s Iran Deal

Trump struck a two-week ceasefire with Iran on April 7, 2026, and within hours, blockchain analysts were asking who knew first. Key Takeaways: Trump’s April 7 ceasefire with Iran reopened the Strait of Hormuz, sending oil prices below $100 and triggering a bitcoin rally. Polymarket wallets with near-zero history turned as little as $10k into […]

blockmanity.com How Swiss Banks Are Launching a CHF Stablecoin Pilot to Merge Blockchain and Fiat Worlds

How Are Launching a to Merge Blockchain and Fiat Worlds In a bold move to blend cutting-edge blockchain tech with everyday banking, six top Swiss banks have teamed up with Swiss Stablecoin AG. This partnership kicks off a major program. […] The post How Swiss Banks Are Launching a CHF Stablecoin Pilot to Merge Blockchain and Fiat Worlds appeared first on Blockmanity.

bitcoinist.com Bitcoin Climbs Back Above $72K As US-Iran Ceasefire Sparks Market Rally

Bitcoin moved back above $72,000 after US President Donald Trump said he would pause military action against Iran for two weeks, a shift that quickly eased pressure across markets. Related Reading: North Korean Agents Have Been Inside DeFi For Nearly A Decade, Researcher Says The move came after days of rising tension and landed just […]

cryptopotato.com Wirex and Utorg Bring Seamless Crypto-to-Card Spending to 2M+ Users Worldwide

[PRESS RELEASE – London, UK, April 8th, 2026] Wirex BaaS provides Utorg’s consumer wallet ecosystem with non-custodial card infrastructure, IBAN banking rails, and global payment acceptance — going live in weeks, not months Wirex, a full-stack crypto card issuer and Banking-as-a-Service (BaaS) provider, today announced a strategic partnership with Utorg (utorg.com), a global fintech company […]

forklog.media Alchemy Launches AgentPay Gateway to Unify AI Agent Payments

Web3 infrastructure provider Alchemy has introduced AgentPay, a tool designed to integrate AI-based payment systems, including solutions from Coinbase, Stripe, Visa, Mastercard, and Circle. 🚨 NEW:Introducing Alchemy AgentPay:Your business, now accepting agent payments.✔️ One integration, every agentic payment protocol✔️ Zero code changes to your existing API✔️ New protocols added automaticallySimple. Universal. Future-proof.Get early access 🔗👇 pic.twitter.com/I1NWYe3I8H— Alchemy (@Alchemy) April 7, 2026 The innovation addresses the issue of incompatible autonomous protocols. Previously, merchants had to set up separate gateways for each standard to accept transfers from AI agents. "This is unsustainable, and with the launch of new systems, fragmentation will only increase. AgentPay fixes the situation," stated Alchemy's CTO Guillaume Poussin. A merchant registers an existing API on the platform and receives a new endpoint. Through this, any agent can make a payment using one of the supported protocols (such as x402, MPP, A2P, or L402). Volumes and dynamics of value transferred through the x402 protocol. Source: Artemis. Poussin emphasized that AgentPay functions solely as a transit layer for routing commands — Alchemy itself does not interact with users' funds. Currently, the solution is undergoing closed beta testing, with a public release expected in the coming weeks. The project, often dubbed the "AWS of the Web3 world," provides developers with foundational infrastructure and node services for building blockchain applications. The concept of autonomous finance relies on micro- and nano-transactions. Some of these operations occur directly between AI agents without human involvement. It is expected that this segment will become the foundation of online payment activity in the future. McKinsey analysts predict that by 2030, the volume of retail payments via AI agents will reach $3-5 trillion. Source: Alchemy. Earlier, the Solana Foundation announced the Solana Agent Skills solution. This is a set of skills that can be integrated into AI agents for blockchain interaction.

news.bitcoin.com Op-Ed by Corbin Fraser, CEO of Bitcoin.com: The Bitcoin President Is Making Our Case for Us

In 2024, Donald Trump did something no major party presidential candidate had done before: he courted the Bitcoin and crypto community directly, spoke at Bitcoin Nashville, and positioned himself as the industry’s champion. Millions of us who believe in financial sovereignty, decentralization, and the separation of money and state saw an opportunity. Many voted accordingly. […]

forklog.media CZ’s autobiography: a call from Sam Bankman-Fried and a run-in with Gary Gensler

On 8 April, Binance founder Changpeng Zhao (CZ) published a book, Freedom of Money. It recounts the exchange’s creation, his imprisonment, the collapse of FTX and a curious episode involving former SEC chair Gary Gensler.  The book Freedom of Money is live in some countries already.It seems the book will be available to everyone on April 8th at 12:00 AM in their own time zone.If you have trouble falling asleep at midnight today, grab a copy today. All proceeds go to charity.English 👉…— CZ 🔶 BNB (@cz_binance) April 8, 2026 CZ said he would donate all proceeds from the book to charity.  The foreword is by Binance co‑founder Yi He, who has worked with Zhao since 2014. She now serves as co‑CEO alongside Richard Teng.  The memoir’s theme is in the title. To Zhao, the freedom of money lies in cryptocurrencies’ ability to remove barriers to financial access, especially in regions with weak banking infrastructure or tight capital controls. The text is interspersed with photographs from Zhao’s archive: from the family’s move to Vancouver and his first computer to shots with Vitalik Buterin and the exchange’s hurried relocation from China after the crypto ban. CZ has revealed many photos for the first time in his newly released autobiography: A photo of CZ with his sister and parents on August 6, 1989, when they first arrived at Vancouver Airport. In 1990, CZ first encountered the x286 computer in Vancouver. In 2014, CZ took… pic.twitter.com/LLsruv75NV— Wu Blockchain (@WuBlockchain) April 8, 2026 His account of FTX’s collapse CZ says that in November 2022, during a phone call before Binance’s attempt to acquire FTX, Sam Bankman‑Fried asked him for “a couple of billion dollars”.  According to the Binance founder, the request was casual, “as if it were about a ham sandwich.” Zhao had not intended to do a deal; the letter of intent was merely a formality to assess the situation and protect users. “I had zero desire to own FTX. I wasn’t particularly concerned about helping Sam Bankman‑Fried either. But I thought we might have to step in to protect users and the industry,” he added. Changpeng Zhao and Sam Bankman‑Fried. Source: X. In CZ’s view, the trigger for FTX’s demise was a public statement by Caroline Ellison, the former head of Alameda Research. He called her offer to buy Binance’s FTT holdings at $22 to stabilise the market a fatal mistake. By revealing a support level, Ellison prompted professional traders to short below it. The token fell to $15, then $5. Within 72 hours, $6bn was withdrawn from the exchange. CZ also described an Exchange Collaboration group chat on Signal. It was created by FTX employee Zane Tackett during the Terra/LUNA crash. Besides Zhao and Bankman‑Fried, Coinbase chief executive Brian Armstrong and Kraken’s Jesse Powell were in the group.  The chat later drew interest from the Department of Justice and the SEC. “They were looking for any hints of collusion or manipulation among exchanges. Of course, in our case there was nothing of the sort,” CZ said.  On 9 November Binance walked away from the deal. The platform’s FTT holdings, once valued at $580m, were wiped out. Zhao likened it to losing $1.6bn on LUNA investments six months earlier. A run on the exchange followed: on 14 December $7bn was withdrawn in a day. CZ admitted he was worried, even though all user funds were in reserves. Within a month, clients returned deposits, surpassing previous levels. A run‑in with the SEC chair and “behind‑the‑scenes” feuds  In 2019 Zhao met Gary Gensler, then a former CFTC official, and offered him an advisory role at Binance, which he declined. On March 29, 2019, in Tokyo, CZ posed for a photo with former CFTC official Gary Gensler. He did not anticipate the future SEC chairman's crackdown on cryptocurrencies. pic.twitter.com/1nOAIkGJAu— Wu Blockchain (@WuBlockchain) April 8, 2026 By then, Gensler already planned to lead the SEC, which he later did. Notably, it was during his chairmanship that the regulator sued Binance, and Zhao served a four‑month sentence in a US prison. CZ also writes that Huobi founder Li Lin told him in 2025 he had been arrested because of a tip‑off from OKX founder Star Xu. Xu denied it.  1️⃣ 此事纯属不实信息。在亚洲 Crypto 行业,任何有规模的平台和创始人,每年都会面临大量举报与投诉。如果举报本身就能决定结果,这个行业早就不存在了。火币的李总情商很高,多年来能把身边的各类人物都管理的很好,他不应该相信这种违背常识的鬼话。2️⃣… https://t.co/tulg5YGmaF— Star_OKX (@star_okx) April 8, 2026 “After four months in prison, this man continues to spout nonsense to the world. I can only say: for someone used to lying, true nature never changes,” Xu said.  Zhao also recalled that in May 2015 the head of OKX publicly alleged forged signatures in contracts. The accusation, which CZ rejected, dealt a serious blow to his business reputation, the book says. In response, Xu again posted to back up his claim.  I had no intention of revisiting these old issues involving CZ from when I was younger. But since I’ve been dragged into this again because of the book, let’s restate the facts.During his time at OKCoin, evidence of contract falsification was already made public on the internet… https://t.co/c9RzpjiPqV— Star_OKX (@star_okx) April 8, 2026 Earlier, in an interview with Colin Wu, Zhao spoke about his childhood, moving to Canada and Binance’s rise.  In March 2026, a US court dismissed a lawsuit against the exchange and CZ over terrorism financing. 

blockonomi.com Crypto Scams Hit Record $11.36 Billion in 2025, FBI Report Reveals

TLDR: Crypto scams reached a record $11.36B in 2025, marking a 22% rise from the previous year’s total. Americans over 60 lost $7.7 billion to cybercrime in 2025, a 37% increase compared to last year. AI deepfake and voice cloning scams stole an estimated $893 million from US victims during 2025. FBI’s Operation Level Up [...] The post Crypto Scams Hit Record $11.36 Billion in 2025, FBI Report Reveals appeared first on Blockonomi.

bitcoinist.com Bitcoin Just Reached A Critical Point In The Cycle, And Here’s What To Watch Out For

Bitcoin is approaching a sensitive stage in its broader market cycle, according to new analysis shared by Joao Wedson. The post pointed to a macro indicator designed to track the long-term structure of the market. Based on the latest reading of this model, the data suggests Bitcoin may be moving toward a zone where distribution […]

news.bitcoin.com ZEC Outperforms Bitcoin With 25% Surge Following Ceasefire

Zcash surged 25% to nearly $335 following the announcement of a ceasefire between the U.S., Israel, and Iran. The rally pushed ZEC’s weekly gains to 33%, significantly outperforming bitcoin and bringing its market capitalization to $5.4 billion, nearing its competitor monero. Key Takeaways: Zcash jumped 25% to nearly $335 on April 8, 2026, following an […]

blockmanity.com Bitcoin Surges to $71,500 on US-Iran Ceasefire Hopes and Rate Cut Buzz | Circle CEO Targets South Korea Banks and Exchanges

Bitcoin Breaks $71,500 Barrier Amid Global Peace Signals Bitcoin has rocketed to new heights, touching $71,500 as fresh hopes for peace between the US and Iran light up the crypto world. A surprise deal has calmed fears of wider conflict, […] The post Bitcoin Surges to $71,500 on US-Iran Ceasefire Hopes and Rate Cut Buzz | Circle CEO Targets South Korea Banks and Exchanges appeared first on Blockmanity.