Ethereum’s New ’Hoodi’ Testnet Launch for Pectra Upgrade; Microsoft Warns of Crypto Wallet Malware
Ethereum developers have launched the ’Hoodi’ testnet to finalize testing for the Pectra upgrade, set to potentially roll out on the mainnet by April 25. This follows challenges with the previous Holesky testnet. Meanwhile, Microsoft has issued a warning about the ’StilachiRAT’ malware targeting popular crypto wallets like MetaMask and Coinbase through Google Chrome extensions. The malware can steal sensitive wallet data, posing a security threat to users. In other developments, EOS Network rebrands to Vaulta, and the SEC has dropped its appeal against Ripple, causing XRP to rise significantly in price. AI blockchain protocol Halliday raised $20 million to advance its Agentic Workflow Protocol, aiming to simplify DeFi app development. Sam Altman’s World Network collaborates with Razer to secure gaming environments from bots using a verified user system.
Neutral
The launch of Ethereum’s new ’Hoodi’ testnet indicates progress in the network’s development, but it does not directly affect ETH’s immediate value. Meanwhile, the warning about ’StilachiRAT’ malware potentially influences trader caution around affected wallets. The rebranding and the SEC’s decision on Ripple could influence perception and trading of those assets. Overall, these developments imply a neutral market impact since they include both positive and potentially negative influences. Technological advancements indicate long-term potential, while security threats introduce short-term caution, balancing the overall market perspective.