Harmony proposes ending its Layer 1 for an Ethereum AI pivot
Harmony proposes to shut down its Layer 1 blockchain, freeze ONE balances, and issue ERC-20 replacements on Ethereum to pivot toward an AI-video "remix economy."
Harmony proposes to shut down its Layer 1 blockchain, freeze ONE balances, and issue ERC-20 replacements on Ethereum to pivot toward an AI-video "remix economy."
Recent Ethereum EIP-8246 commits detail OP Stack burn examples and CREATE2 redeployment, while ERC-8410 advances portable off-chain execution plans.
The SEC has proposed rescinding Rule 206(4)-5, which currently bars investment advisers from receiving compensation for two years if they make political contributions above a de minimis threshold.
Solana's first phase of rent reduction allows authorities to reclaim excess SOL from over-funded accounts, using a new Token Program instruction.
The SEC initiated administrative proceedings against SYQH and LZGI for failing to file required periodic reports, potentially suspending or revoking their securities registrations.
The SEC has charged former PPMG executives Mark Hanf and Hoai-Nam Chu Phan with offering fraud, alleging they siphoned over $80 million from 190 investors.