Meet Hoodi, Ethereum’s New Testnet

Network Updates

Ethereum Introduces Hoodi Testnet
Ethereum developers have unveiled a new test network called Hoodi, designed to facilitate the upcoming “Pectra” blockchain upgrade. Scheduled to go live on March 26, this testnet aims to address issues encountered in previous tests conducted on Holesky and Sepolia, which failed to finalize correctly due to configuration errors. By allowing developers to simulate changes in a controlled environment, Hoodi serves as a crucial step toward the anticipated mainnet upgrade approximately 30 days later. This development aligns with Ethereum’s commitment to enhancing its infrastructure, making it more robust for users and developers alike. Read more.

Microsoft Warns of Cryptocurrency Wallet Malware
A new report from Microsoft has raised concerns about a malware strain known as StilachiRAT, which poses a serious threat to popular cryptocurrency wallets like Coinbase and MetaMask. This remote access trojan can effectively evade detection while extracting sensitive information, including usernames and passwords stored in the Google Chrome browser. Discovered in November 2024, the malware targets over 20 different wallets, warning users to enhance their security measures through antivirus software and other protective strategies. Read more.

Halliday Secures $20M for AI Protocol Development
Blockchain protocol Halliday has raised $20 million to support the development of its Agentic Workflow Protocol (AWP). This initiative aims to streamline the creation of decentralized finance (DeFi) applications, reducing the need for manual smart contract coding. Backed by venture capital firm Andreessen Horowitz, Halliday’s goal is to revolutionize blockchain development, allowing developers to launch applications in hours rather than years. Read more.

Altman’s World Network Partners with Razer to Combat Bot Issues in Gaming
In a noteworthy collaboration, Sam Altman’s World Network has joined forces with Razer to implement features that will distinguish real players from bots in video games. The partnership’s focal point is the “Razer ID verified by World ID,” a single sign-on solution aimed at certifying the authenticity of users. This initiative reflects a broader trend of integrating AI technologies to improve user experiences across various online platforms, particularly in gaming, where bot interference has long been a challenge. Read more.

Other Developments

The EOS Network has announced a rebranding to Vaulta as it shifts focus toward Web3 banking, coupled with plans for a token swap scheduled for late May. This transition includes establishing the Vaulta Banking Advisory Council to bridge traditional and decentralized banking methods. Read more.
In a bid to enhance profitability, Solana-based decentralized exchange Raydium is launching its own token issuance platform, modeled after the popular Pump.Fun platform. This initiative aims to introduce new features that make it more attractive for token launches. Read more.
In regulatory news, the U.S. Securities and Exchange Commission (SEC) plans to drop its appeal against Ripple, signaling an end to a lengthy legal battle. Following this announcement by Ripple’s CEO, the associated XRP token saw a significant surge. Read more.

Calendar

Stay tuned for more updates and developments in the world of cryptocurrency as they unfold.

Laura Bennett

Laura Bennett is a digital marketing strategist and writer with a keen eye for online trends and audience engagement. With over seven years of experience, she specializes in data-driven content and digital growth strategies. Based in Virginia Beach, VA, Laura covers the latest in marketing, business, and online branding.