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View More NewsA sequencer bug was responsible for two outages of the Coinbase layer-2 network Base last week, according to a post-mortem. The Base engineering team said in a Saturday post-mortem that they identified a bug in sequencer block-building logic that allowed “stale journal state” to persist after a transaction validation failure. “An invalid transaction was received by the block builder and failed during execution, as expected, but erroneously did not clear the journal state that contained the accounts and storage slots that had been accessed,” said the team.The Base layer-2 network runs a single sequencer, which means one bug can stop everything. It…
Greetings and welcome to the latest edition of the Injustice System newsletter. The month of June is rapidly coming to a close, and the U.S. Supreme Court has officially begun its mad dash to the finish line, aiming to release all opinions in argued cases by either the end of the month or—judicial vacation plans permitting—by sometime in early July. How are the justices doing in terms of the workload? Well, a little over a month ago, I wrote about the “11 big cases that I’ll be watching out for in the weeks ahead.” As of this writing, a whopping…
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It’s fitting that the embattled Keir Starmer resigned as prime minister of the United Kingdom almost exactly a decade after the Brexit referendum. More than anything else, it was that vote, on June 23rd 2016, which created Britain’s current political reality—a reality of which Starmer is just the latest victim.Perhaps the most ironic impact of Brexit is the fact that the United Kingdom has finally become a European country. By this I don’t mean that we’ve suddenly learned how to cook good food, or we’ve all become bilingual, or have embraced the siesta. We’re no more culturally European than we…
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U.S. Representative Maxine Waters may soon return to the helm of the House Financial Services Committee if Democrats perform as expected in the November…
Bitcoin (BTC) struggled to reclaim $60,000 on Friday amid continued global market volatility.Key points:Bitcoin closes below $60,000 on daily time frames for the first…
In brief Securitize expects to begin trading next week under the ticker symbol “SECZ,” following the completion of a merger with a blank-check firm.…
from the ctrl-alt-speech dept Ctrl-Alt-Speech is a weekly podcast about the latest news in online speech, from Mike Masnick and Everything in Moderation‘s Ben…
Latest developments: The Alliance to End Human Trafficking is urging lawmakers to revisit Section 604 of the Clarity Act, arguing the provision could make…
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have opened a joint public consultation on whether to better align…
In brief Spain’s securities regulator said there will be no extension to the EU’s July 1 MiCA licensing deadline for crypto firms. Binance, still…
Among social media commenters, columnists, and even heads of state, it’s a typical refrain: If we just rid ourselves of that pesky internet anonymity and…
This is not science fiction. It’s not premature. If towns, cities, states, or the federal government want to act to reign in the emergence…
One of the great economic myths that never seems to die is the idea that giving taxpayer money to a private company will yield…
The Committee to Protect Journalists joined the International Press Institute and other press freedom and human rights organizations in expressing concern over the denial…
Binance, the world’s largest crypto exchange by trading volume, told customers in the European Union (EU) it is suspending some services because it will…