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The 34th edition of our curated newsletter. In today’s newsletter we look at:
Crypto Chargeback Ethereum Miner Returned $23 Million in Commission Do you remember a story about sending a payment with a commission of $23 million? Some people even suggested that this could be a new way of money laundering.
Fortunately for the sender, the commission paid to the miner was returned by reaching an agreement with the miner. And as compensation, he received 50ETH, which are now absolutely owned by him.
This post explains how this could have happened and why EIP-1559 transactions can’t eliminate the possibility of someone overpaying for a transaction.
Chinese Crypto War Now SparkPool, Who is Next? SparkPool, the second-largest mining pool, has become another victim of the Chinese crackdown and the major exchanges that have surrendered under pressure.
While China’s negative stance on digital currencies is holding back the growth of cryptocurrencies, the ban is expected to cause a butterfly effect for crypto-friendly countries like Kazakhstan or El Salvador as cryptocurrency businesses continue to seek stability in these regions.
Mercuryo Co-Founder’s Piece Why Cardano? 
Opinions and curated pieces by Mercuryo Co-Founder Greg Waisman – Follow on Twitter
Deep Dive Into Stablecoins Stablecoins as a Financial Inclusion Solution It’s no doubt that stablecoins will play an essential role in the democratization of financial services. But the growing user interest is getting the attention of regulators.
In this piece, a16z reviews the current technological and legal developments in stablecoins and suggests potential use-cases.
Dreams Come Through Account Abstraction Proposal One of the most significant updates coming with the ERC-4337 is the actual account abstraction.
EIP-2938 was already developed to address this problem, but it required too much gas and severely impacted the Ethereum protocol.
With the ERC-4337 update, this process will proceed without protocol changes at the consensus level. This article tells the story behind the updates.
Visa Router Crypto-Bridge by Visa It is not arguable that cryptocurrency has already become an integral part of online payments today. But in order to continue to increase crypto adoption, it is necessary to make payments easier for both end-users and merchants . The new Visa UPC tool will become a kind of “router” that connects blockchains and provides an environment to interact with digital assets from different protocols and wallets.
This is a weekly newsletter curated by our Blockchain Lead Vyacheslav Akhmetov. We cover the most sparkling events in the industry and sharing more about our journey. |
Explained by Mercuryo #34
The 34th edition of our curated newsletter.
