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**ETHEREUM FOUNDATION STARTS EXPERIMENTING WITH DVT-LITE TECH The Ethereum Foundation is testing a way to run validators that could make it much easier for institutions with large amounts of ether to set up staking infrastructure, expand the pool of participants and create ‘an increasingly decentralized network’. Blockchain co-founder Vitalik Buterin wrote in a post on X that the foundation is “using ‘DVT-lite, or simplified version of distributed validator technology” to stake 72,000 $ETH. In the experiment, it seeks to make running validators on more than one machine easier. But it’s about reducing the process to something “close to a one-click setup,” in which operators choose which computers will run validator nodes, launch the software and enter the same key on each machine, says Buterin. The system would then automatically connect the nodes and start staking, . I hope that we can make it easy and one-click to do distributed staking for institutions,’ Buterin wrote. In most cases running Ethereum validators today, it is usually a single node that contains the key used to sign blocks and participate in the network. When the validator stops working (and may be penalized if that machine fails or goes offline) and can still work, it is possible for his validators to stop working. That’s a change that is made by distributed validator technology (DVT) whereby multiple independent machines collectively act as one validators. Several nodes work together, and only a few of them sign for the validator to function as part of one key and one computer instead of using just one. This is the validator can continue to work if some machines go down, that’s what it means when they are still operating. The deployment of current DVT systems is complicated because operators have to coordinate networking, keys and communication between nodes. Earlier Buterin has said complexity is one of the reasons large staking providers have become dominant in the ecosystem. This is a “DVT-lite” system that seeks to automate much of that process, which makes it easier for institutions to run distributed validators with little knowledge in infrastructure. Margaux Nijkerk Read more Maraux Aijkerskread. ** **
**NVIDIA SHARES AI CREATES JOBS IN RARE BLOG The most serious response to the AI jobs debate came from someone who sold the hardware. Nvidia CEO Jensen Huang wrote a rare standalone essay about the “five-layer cake” of AI infrastructure energy at the base, chips, then physical infrastructure and models, before applications were written. The phrase “AI” was not a software product or chatbot but as an industrial buildout on the scale of electrification, one that requires trillions of dollars in physical construction and ‘large numbers (electricians), plumber/pipefitter/ Steelworker/networkers) and network technicians. Such a skilled, well-paid job are in short supply and they’re also very scarcely available,” “The most effective of these is the skillful one. He said ‘You don’t need a PhD in computer science to be part of this change. a fundamental shift in how computing works.’ Huang’s argument for why the buildout needs to be so large begins with an important change of. While traditional software recovers stored instructions, AI generates new output in real time (all answers created fresh based on the context provided). This is not a search for an answer, but rather one on demand reasoning through one. Since intelligence is generated in real time, the entire computing stack under it has to be reinvented; this means that AI needs purpose-built infrastructure from the energy layer up rather than on existing data centers. It is a timing point for . The paper comes amid weeks of mounting fear that AI will affect jobs, from Block Inc., which argues the essay is about to be written in order to get it done.” The mass layoffs of ‘the-job displacement’ comments by Anthropic CEO Dario Amodei to an apparent lack of job loss is addressed in the remarks of his own company, whose followers are not yet on the list. As of early this year, the combination of those fears had been selling off tech stocks since combining them with fear. Scroll down to read more about Shaurya Malwa Read. ****
During the last 24 hours, about $27 million was liquidated on the decentralized lending platform Aave (in what some market participants say may have been due to a temporary pricing issue of the token wstETH) and its associated counterpart in-law lender, **AAVE SEES RARE $26M IN LIQUIDATIONS DUE TO PRICE. In the last 24 hours, liquidations in Blockchain data marked by risk-management firm Chaos Labs have spiked. But some commentators think the incident may have been related to a price hike in ‘a risk-oracle system that Aave uses to determine how much collateral is worth, and what does this mean? Oracles are services that provide price data from outside world to blockchain applications. When a borrower’s collateral is no longer sufficient to support their loan, they use such protocols as Aave for lending procedures when the position can be liquidated. While such cases are rare, most recently a misconfigured price-oracle setup by DeFi lender Moonwell valued Coinbase Wrapped $ETH (cbETH) at about $1 instead of around $2,200 and the protocol was left with almost $1. A bad debt 8 million for . In Aave’s case, some say the problem may have been wstETH (Lido’S token of staked ether) or “the Ethereum” (“e.g. A single wstETH, for example, is usually worth just over one $ETH because it earns staking rewards over time. A LTV Protocol on X wrote in a post that “Aave’s risk-oracle seemed to value wstETH at about 11 during the liquidations” (see below). The broader market valued it closer to 1 $ETH, while 19 $TH was the price tag for . A is 23 $ETH, which. Volume was relatively low for wstETH trading pairs, with only $10 million traded over the last 24 hours; so it is unlikely that any astute traders took advantage of the pricing mismatch before it snapped back. Aave Labs founder and CEO Stani Kulechov told X in a post that “was no impact on the Aaves Protocol” there was. chaos lab, claiming that “the incident is due to a mismatch between the parameters of stale terms stored in an intelligent contract (including re-exchange rate and its associated timestamp)”. Since those values were not updated in sync, the CAPO system temporarily calculated a maximum allowed exchange rate that was less than real market value of wstETH (i.e. Margaux Nijkerk Read more about . ** ** .
A key feature of this game was the fact that Pudgy Penguins shipped its flagship game to the general public, and you would never know it had anything to do with crypto unless someone told you I’m interested in **PUDGY PENGUINS LAUNCHES ITS WEB3 GAME PuDgily Penguin. It was live with 12 unique towns of a world called The Berg, narrative quests where players help ‘Pudgy World’ (the browser-based game first announced at Art Basel in late 2023), narrative hunts that play penneguin named Pengu find someone named Polly and dozens of mini-games. In a 10-minute session, CoinDesk played and died with ‘an easy takeaway’. It’s smooth, responsive and intuitive – not built with a crypto-first user in mind. Asked in an X post, co-founder @chefgoyardi said ‘We developed customary world-building tools with open-source web technology that gave us a lightweight editor built for speed and rapid iteration. It allows artists to work in Maya, Cinema4D or Blender via our asset pipeline and custom Houdini scripts automatically convert everything into a web-optimized format. Creative freedom without compromise. , “We designed physics specifically for the browser.” He added ‘It adds snappy movement, parkour, fluid navigation and high frame rates even on lower-end devices. Many users would consider this game to be pure Club Penguin nostalgia. In a game that was Disney’s browser-based virtual world from 2005 to 2017 and reached over 200 million users, mostly children who customized penguin avatars with mini-games. The model for a mass-market Penguin game looks like it, and the comparison Pudgy World could be measured against its similarity in the wider audience. NFT gaming space For years, the company has made products that look like wallets with gameplay bolted on. In the other direction, Pudgy World constructs a game-first building that connects with an economy of tokens second and is built as ‘game first’. Shaurya Malwat Read more about Shaurayam Malwaswa Read. ****
In Other News
The program, which is being developed by * Mastercard, has merged over 85 companies from across the digital asset and payments industries as an attempt to directly connect blockchain technology with the infrastructure that supports global commerce. Crypto exchanges, blockchain developers, fintech companies and banks like Binance, Circle, Ripple (Gmini, PayPal & Paxos), the company told CoinDesk in a statement. Masterscard’s partners are to discuss how blockchain-based systems can connect with traditional payment rails used by banks, merchants and consumers around the world. The initiative focuses on practical applications where digital assets are already becoming popular, such as cross-border transfers, business-to-business payments and global payouts, Mastercard said. For payment companies such as Mastercard, the challenge is less about replacing existing systems and more about connecting new ones to the networks that already support global commerce. Mastercard’s network connects banks, merchants and consumers in over 200 countries and territories. According to the company, blockchain-based payments will only scale widely if they can plug into that kind of global infrastructure. This is designed to create that bridge under Crypto Partner Program, which aims to provide with the most effective approach. Using Mastercard teams, companies in the program will help shape products that combine on-chain tools (including programmable payments or tokenized assets) with established payment rails. Helene Braun Read More on .
One of the largest Bitcoin mining pools by hashrate, * Foundry Digital, said it plans to launch a zcash (ZEC) mining pool by next month expanding beyond BTC and adding ‘a large institutional operator into the privacy-focused network’. Foundry wants zcash miners to get their U.S. Miners with the new pool, which is meant by s for foundry. A , S. A -based website designed around compliance checks, reporting standards and operational controls are often required by public companies and large firms to operate under the terms of “operational controls” (as well as other business practices). The move addresses what Foundry calls a “hole” in Zcash infrastructure infrastructure, the move says. While the cryptocurrency has been around a decade, much of its mining ecosystem still includes smaller global pools that often operate outside formal compliance frameworks. According to a statement from Foundry CEO Mike Colyer, who spoke with CoinDesk in ‘Zcash has become an institutional-grade asset but the mining infrastructure that supports it hasn’t kept pace. As new crypto tax reporting rules, with the threat of asset seizure (which is a key part of the European Union at the turn of this year and as onchain analysis continues to develop, demand for financial anonymity has become increasingly popular. Francisco Rodrigues Read more about .
Regulatory and Policy
The day the newspaper published a report saying that the U.S was in fact claimed by Dow Jones, publisher of The Wall Street Journal, which filed ‘defamation lawsuit against * Binance’ on the same day it ran claiming to be the defimation suit against Dow Johnson and his own company (the paper) who had sued for its deprment with her husband-independent journalists at least one year ago as well as publishing an anti-reporting “due” copy of this article about their work ‘It s S Justice Department is investigating whether Iran used the world’s largest crypto exchange to transfer funds in violation of American sanctions. in the complaint filed in U.S. – ) in its. S, meanwhile. According to the company, District Court for New York’s Southern District of its newspaper published “false and defamatory statements” about its compliance practices and handling of Iran-linked transactions in an article published on Feb. 23 According to the Journal in that article, Binance fired staff who flagged funds moving through the exchange to sanctioned entities; allegations BinANCE denied. In the lawsuit, Binance did not fire employees for raising compliance concerns because of their lack of a Fire Department that was involved in this suit. The staff departures were based on “alleged violations of internal data protection policies” and not the reprisal, it said, but that employees had been fired because they did not take revenge. An exchange spokesman told CoinDesk that “Binance categorically did not dismantle any compliance investigation.” But the WSJ still reports such errors,” said “The wj.” So, as a result, we have sued the Wall Street Journal for defamation. Francisco Rodrigues Read more about “.
- Sen, * Sen. Proposing legislation, introduced by Adam Schiff (D-CA) that would ban prediction market contracts related to terrorism, war, assassination and death, has been directly challenging market regulator CFTC’s move toward looser regulation of event trading. The DEATH BETS Act, known as the bill, would strip the agency of power over whether to allow such contracts and write explicit prohibitions into law, putting Schiff on a collision course with CFTC Chair Mike Selig’s deregulatory agenda. Having served on the Senate Agriculture Committee that oversees the CFTC, Schiff is placed in position to press the issue legislatively as the agency’s new rule-making develops. In the context of the Commodity Exchange Act, CFTC already has power to block contracts related to war, terrorist or assassination when it finds that they are contrary in public interest. Enforcement is based on the judgment of the regulator, so that protection extends with agency leadership; enforcement depends on what it means. This would be a loss of flexibility, as proposed by Schiff’s bill to eliminate that ability. Sam Reynolds Read more about s.
Calendar
- Mar. 24-26, 2026: Digital Asset Summit, New York City
- Mar. 30-Apr. 2, 2026: EthCC, Cannes
- Apr.15-16, 2026: Paris Blockchain Week, Paris
- Apr. 29-30, 2026: Token2049, Dubai
- May 5-7, 2026: Consensus, Miami
- Sept. 29-Oct.1, 2026: Korea Blockchain Week, Seoul
- Oct. 7-8, 2026: Token2049, Singapore
- Nov. 3-6, 2026: Devcon, Mumbai
- Nov. 15-17, 2026: Solana Breakpoint, London
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