Kyrgyzstan's Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3
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CoinDesk
Gold News: Kyrgyzstan's Gold-Backed USD-Pegged Stablecoin USDKG to Debut in Q3
The stablecoin will be backed by $500 million in gold from the Kyrgyz Ministry of Finance, with plans to expand reserves to $2 billion.
Solana Quietly Fixes Bug That Could Have Let Attackers Mint and Steal Certain Tokens
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CoinDesk
Solana (SOL) News: Developers Patch Bug That Could Lead to Attackers Stealing Tokens
A sophisticated attacker could forge invalid proofs that the on-chain verifier would still accept. This would have allowed unauthorized actions such as minting unlimited tokens or withdrawing tokens from other accounts.
Ether-Bitcoin 'Squeeze' Hints at Imminent Volatility as Ethereum Pectra Upgrade Nears
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CoinDesk
'Squeeze' in ETH-BTC Warns of Imminent Volatility as Ethereum Spectra Upgrade Nears
Ethereum's Pectra upgrade, set for May 7, aims to improve scalability and may impact market activity.
Vitalik Buterin Wants to Make Ethereum as Simple as Bitcoin
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CoinDesk
Ethereum Co-Founder Vitalik Buterin Wants to Make Ethereum Simpler Ahead of Pectra Upgrade
Buterin put out thoughts for a long-term roadmap that drastically reduces the complexity of Ethereum’s technology.