Matthew D. Green, a cryptographer and associate professor of computer science at Johns Hopkins University, uses Tornado Cash's source code to teach about cryptocurrency privacy. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Matthew D. Green maintains a fork of the Tornado Cash source code
📍A Johns Hopkins University professor makes educational use of Tornado Cash source code. Matthew D. Green, a professor at Johns Hopkins University, has revealed that he is maintaining an active fork of the source code of Tornado Cash, the cryptocurrency mixing protocol that was sanctioned by the United States government.
According to explained on GitHubGreen maintains a fork of the open-source protocol as it plays a key role in his privacy lessons, “to teach his students various concepts related to cryptocurrency privacy and zero-knowledge (ZK) technology,” he said.
Green is expert in applied cryptography and cryptographic engineering and serves as an associate professor of computer science at the Information Security Institute of the aforementioned university.
Ethereum developers are programming The Merge for the mainnet
📍The Merge's Bellatrix update is scheduled for epoch 144.896 in the Beacon Chain, coming on September 6. On the Ethereum Foundation blog, the network's developers reported that The Merge has been officially scheduled for the mainnet.
The upgrade that will turn Ethereum into a Proof of Stake network will first go live on the Beacon Chain with the Bellatrix upgrade, which is scheduled for next Tuesday, September 6, at epoch 144.896. After this, between September 10 and September 20, The Merge will be activated on the mainnet from Ethereum.
The update, the most important one for Ethereum and the crypto industry at the protocol level, has already been successfully implemented on all of its public testnets, Ropsten, Sepolia and Goerli, in the previous months. Now, Ethereum developers are ready, after years of hard work, to bring The Merge to the cryptocurrency's mainnet.
The price of Ethereum (ETH) has reacted positively to announcements from the network’s developers, with a daily increase of almost 2,5% at the time of writing.
Public companies that own Bitcoin, currently
📍Galaxy Digital and Voyager Digital overtake Tesla as Bitcoin holders. Elon Musk's company, Tesla, has lost its position as the second largest institutional holder of Bitcoin, the main cryptocurrency on the market.
According to data from the Buy Bitcoin Worldwide platform, after MicroStrategy, the companies Galaxy Digital and Voyager Digital are the main institutional holders of BTC. This is after Tesla's sale of 75% of its bitcoins, in the second quarter of this year.
Source: Buy Bitcoin Worldwide
While Tesla's sale is not a death knell for Bitcoin and the electric car company could buy more of the cryptocurrency in the future, it currently remains the fourth public company to own Bitcoin, with approximately 10.725 BTC on its corporate balance sheet.
MicroStrategy, the largest institutional investor in BTC today, holds 129.699 BTC. Galaxy Digital and Voyager Digital follow with a total of 40.000 and 12.260 BTC, respectively.
Continue reading: Hacker loses 5 ETH in failed Rainbow Bridge attack
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