Ethereum’s largest testnet, Holešky, will be sunset in the coming weeks after two years of rigorously testing Ethereum’s most important network upgrades. Ethereum’s largest testnet, Holešky, will sunset as part of a planned shutdown and migration to the Hoodi testnet following several technical issues earlier in the year. The foundation said Monday that Holešky will be shut down two weeks after the Fusaka upgrade is finalized on the network. The upgrade is proposed for sometime in the second half of September. “After this, Holešky will no longer be supported by client, testing or infrastructure teams,” it said. While the exact date isn’t clear, Ethereum core developers are looking to launch Fusaka on mainnet in November — so it must happen well before then. Read more
An X user known as Princess Hypio said they lost $170,000 in crypto and NFTs to a scammer who infiltrated a Discord server and pretended to have mutual friends. Update Sept.1, 11:30 pm UTC: This article has been updated to include information from Halborn’s chief information security officer. Last month, crypto user and NFT artist Princess Hypio told her followers she lost $170,000 in crypto and non-fungible tokens after a scammer convinced her to play a game with them on Steam. While she was “mindlessly” playing with the scammer, they were secretly stealing her funds and hacking her Discord. The same tactic was used on three of her other friends, she wrote in a post on Aug. 21 on X. Read more
Coinbase and OKX are moving into Australia’s pensions through SMSFs, while the United States revamps rules on how crypto fits into retirement plans. Two of the largest centralized cryptocurrency exchanges, Coinbase and OKX, are introducing services for self-managed superannuation funds (SMSFs ) in Australia, giving individuals new ways to add cryptocurrency to the country’s retirement savings system. While Australians have been able to hold digital assets in SMSFs for several years, Coinbase and OKX are now packaging that access into dedicated products, Bloomberg reported on Monday. Instead of leaving investors to set up their own structures and manage custody independently, the exchanges offer services that combine referrals to accountants and law firms with integrated custody and record-keeping to meet audit requirements. Read more
Bitcoin’s hold over $109,000 hinges on this week’s US jobs report and other macroeconomic data. Key takeaways: Bitcoin whales rotating billions of dollars into Ether highlight weakening conviction in Bitcoin’s $108,000 support among major players. Bitcoin derivatives show rising liquidation risks with $390 million in leveraged longs at peril below $107,000. Read more