ChainCatcher news, the founder of Week in Ethereum News (WiE), Evan Van Ness, stated on social media: "Due to a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, I announce that this newsletter will cease operations, as the communication indicated they believe continuing the Week in Ethereum News is not valuable.For the remainder of 2024, WiE has received very little funding support from the Ethereum Foundation. Although this support was mostly symbolic, the EF leadership's choice to cut this trivial support clearly indicates that WiE will end immediately.The Ethereum Foundation withdrawing support has made it more clear than anything else that it is time for WiE to conclude.The Week in Ethereum News once had a good track record. Over the years, at conferences, many developers have told me that WiE has impacted their Solidity or security careers. They often mentioned that this newsletter influenced their decision to purchase ETH. Once upon a time, this established newsletter was the upstream source for most Ethereum news supporters.But unfortunately, WiE failed to find a sustainable business model. Advertising and sponsorships are hard to sell because the marketing director does not value developers. I have high standards for content, but completing it in a profitable way has proven to be too time-consuming."

ChainCatcher news, according to Jinshi reports, the U.S. Senate has passed a temporary funding bill to avoid a government shutdown, and Biden is expected to sign the bill into law on Saturday.ChainCatcher previously reported, citing Fox News as reported by Jinshi, that after Congress failed to pass a temporary spending bill to avoid a government shutdown and send it to President Biden's desk before the deadline, some government agencies have shut down. The Senate is currently actively voting on amendments and other deliberations to submit the bill to Biden. This temporary bill is expected to pass in the Senate within the next few hours.This partial government shutdown comes just days before Christmas and New Year. However, since the Senate is expected to pass the bill shortly, the disruption to government functions from the brief shutdown will be minimal.

ChainCatcher news, according to Jin Shi citing Fox, after Congress failed to pass a temporary spending bill to avoid a government shutdown and send it to President Biden's desk before the deadline, some government agencies have shut down. The Senate is currently actively voting on amendments and other deliberations to submit the bill to Biden. This temporary bill is expected to pass in the Senate within the next few hours.This partial government shutdown comes just a few days before Christmas and New Year. However, since the Senate is expected to pass the bill shortly, the disruption to government functions will be minimal.

ChainCatcher news, according to Caixin, the U.S. House of Representatives voted on December 20 local time to pass an emergency funding bill to prevent a government "shutdown." The new bill will continue to provide operating funds for the U.S. government until March of next year, thereby avoiding a "shutdown" of certain federal agencies after midnight on the 21st Eastern Time.It is reported that the latest bill is almost identical to the one that failed to pass on the 19th, but it removed the section regarding the debt ceiling, leaving three main parts: a short-term extension of government spending, billions of dollars in disaster relief funds, and additional assistance for farmers.

ChainCatcher news, according to Fox News, sources say that Republican negotiators in the U.S. House of Representatives have reached a preliminary agreement on Plan C to avoid a government shutdown at the end of Friday. The agreement will include a short-term extension of this year's federal funding levels, disaster relief funds, and agricultural support for farmers— but will be divided into three separate bills.The agreement will also include a handshake deal to take action on next year's debt ceiling, which is part of the Republican plan to pursue large-scale conservative policy reforms through the reconciliation process. (Jin Shi)

ChainCatcher News: House Republicans are looking for ways to avoid a government shutdown, as their second funding proposal was rejected on Thursday night. There are only a few hours left until the Friday deadline.House Speaker Johnson stated earlier on Friday that Republicans have reached a C plan to avoid a government shutdown and plan to vote on it soon. Senate Republicans expressed their disappointment over the failure of two proposals they witnessed in the House to fund the government through Christmas, calling it a "chaotic farce" and a "disaster." Incoming Senate Majority Leader John Thune (Republican) said as he left the Capitol, "I think everything is back to square one."

ChainCatcher news, according to Fox News reported by Jin Shi, the U.S. House of Representatives may vote on a temporary solution to the government shutdown at 10 AM local time on Friday.

ChainCatcher news, according to X user @woodycryptow, the community manager of the Web3 automation tool NFTSniper announced that the website will be gradually shut down.The specific arrangements are as follows:Service fees will be reduced to 0;The Meme feature will be removed on January 1, 2025;Non-meme features will be removed and the website will be shut down on January 7, 2025;New feature development will continue until December 31, and real-time issue response will be maintained until the website closes.

ChainCatcher news, the F2Pool Twitter post states that with a BTC price of $54,000, ASIC miners with a power consumption of 23 W/T or higher will be in a loss situation at an electricity price of $0.07 per kWh.

ChainCatcher news, regarding "why $7.6 million was raised, and TGE just started a few weeks ago, ZKX announced it would cease operations," ZKX founder Eduard responded, stating that the $7.6 million funding was raised from 2021 to 2024 to support a 30-person team developing a dedicated blockchain to scale perpetual contracts. Eduard mentioned that this funding covers multiple code audits with Nethermind, TGE listing fees, AWS cloud service expenses (high L3 costs), and developer promotion activities for Cairo programming.He emphasized that all user funds have been fully returned, over 80% of users have withdrawn from the protocol, and the main wallet is self-custodied. The core founders did not sell any tokens, but four years of effort and life achievements have gone to waste. Additionally, Eduard noted that the DeFi team faced immense community pressure, vulnerabilities, scams, and hacking attacks. He stated that the team did its best to protect customer funds, and Binance is aware of the identities of some attackers. Finally, he reflected that choosing a full-chain smart contract protocol instead of L3 and other strategic decisions might have been financially wiser, and expressed that the team has learned lessons from this painful experience.Earlier, ChainCatcher reported that the Starknet ecosystem DEX ZKX would cease operations and advised users to withdraw funds before September.

ChainCatcher news, according to The Block, F2Pool data shows that after BTC fell below $55,000, only 5 Bitcoin miners remained profitable, namely Antminer S21 Hydro, Antminer S21, Avalon A1466I, Antminer S19 XP Hydro, and Antminer S19 XP, with breakeven Bitcoin prices of $39,581, $43,292, $48,240, $51,456, and $53,187 respectively.

ChainCatcher message, f2pool data shows that, based on an electricity cost of $0.06 per kWh, the mining machines such as Shennma M30S++ (shutdown coin price $57,513), Shennma M33S++ (shutdown coin price $57,514), Avalon A1346 (shutdown coin price $55,657), and Antminer S19 Pro (shutdown coin price $54,813) are all approaching their shutdown coin prices.

ChainCatcher message, the Ethereum liquid staking protocol ClayStack announced that due to the lack of resources and product-market fit during its continuous operation over the past three years, it has decided to cease operations.Effective immediately, ClayStack will enter a mode that only supports withdrawals. The platform has conducted a de-staking operation, and funds are expected to be available for withdrawal by June 18.

ChainCatcher news, the official blockchain application platform Lisk announced on social media that it has launched Lisk Core v4.0.6, introducing the node shutdown plugin.It is reported that this plugin will automatically shut down nodes after the snapshot at block height 24,823,618 on the L1 mainnet is finalized, and the LSK token will exist as an ERC-20 token only on the Ethereum network and Lisk L2.

ChainCatcher news, according to f2pool data, with an electricity cost of $0.06 per kWh, the Antminer S19, Shenma M30S+, Shenma M33S+, and other miners are approaching shutdown coin prices after the halving.