CoinsAQ summary · neutral
EIP-8130 proposed as simpler model for Ethereum account abstraction
What happened
Coinbase-backed proposal introduces a new transaction type and on-chain Keystore, claiming 63% lower fees than ERC-4337 Account abstraction on Ethereum has been one of those features that’s perpetually six months away. The latest attempt to change that, EIP-8130, just got a.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
THORChain halts swaps after block reorg bug, slowing Binance hackers
THORChain halted swaps across 10 networks after an Ethereum reorg exposed a refund bug, inadvertently disrupting the laundering of funds from Binance’s $6.3 billion hack.
$3.64B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest
Billions fled Binance after it reopened withdrawals but “98% chose to stay,” said CZ. THORChain co-founder strongly opposes halting the protocol to comply with FBI demands.
Tracked Binance wallets record $2.5 billion in outflows as withdrawals reopen after hack
Tracked Binance wallets recorded $2.5 billion in outflows as withdrawals reopened. New withdrawal wallets complicate estimates of customer exits.