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Author: Monika Ghosh

Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security

Ethereum co-founder Vitalik Buterin and Toni Wahrstätter, a researcher at the Ethereum Foundation, have put forth a proposal that will cap the maximum gas a single transaction can use. The proposal, EIP 7983, claims: “By implementing this limit, Ethereum can enhance its resilience against certain DoS [Denial of Service attack] vectors…

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Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity

Officials of Thailand’s Central Investigation Bureau (CIB) seized 63 illegal crypto mining machines on Friday, according to a report by The Nation. The illegal crypto mining rigs, worth around 2 million baht ($60,000), were found in three abandoned houses in the Pathum Thani province. Officials conducted a raid after locals of the region complained about

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