Developers – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 15 Sep 2025 02:15:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Developers – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum developers set sight on introducing end-to-end privacy https://earlybirdsinvest.com/ethereum-developers-set-sight-on-introducing-end-to-end-privacy/ https://earlybirdsinvest.com/ethereum-developers-set-sight-on-introducing-end-to-end-privacy/#respond Mon, 15 Sep 2025 02:15:12 +0000 https://earlybirdsinvest.com/ethereum-developers-set-sight-on-introducing-end-to-end-privacy/

Ethereum developers are endeavoring to ensure that the second-largest blockchain lives up to one of the foundational tenets of the crypto community: end-to-end privacy.

In a post on Friday, the Ethereum Foundation’s ‘Privacy & Scaling Explorations’ team rebranded to ‘Privacy Stewards of Ethereum’ (PSE). The team laid out a roadmap to “make privacy on Ethereum the norm rather than the exception.”

The team aims to ensure that comprehensive end-to-end privacy is embedded across Ethereum’s technical stack, from protocols and infrastructure to applications and wallets. Privacy will become a part of Ethereum’s major use cases, like finance, identity, and governance, the team stated.

At the same time, the team noted that Ethereum’s privacy features will remain compliant with global regulations.

Why privacy on Ethereum matters

According to the PSE team, ensuring privacy on Ethereum is key to protecting the users who rely on the blockchain. The PSE team stated:

“Ethereum is on the path to becoming the settlement layer for the world, but without strong privacy, it risks becoming the backbone of global surveillance rather than global freedom.”

Moreover, without privacy guardrails, users and institutions will move elsewhere, rendering the blockchain redundant.

Private reads, writes, and proving

The PSE team will focus on three core areas: private reads, private writes, and private proving.

Private reads will enable users to read from Ethereum without revealing their identities or intents. In other words, the network-level privacy will ensure there is no surveillance or metadata leakage when users query, browse, or authenticate with Ethereum apps.

Under the private reads umbrella, the team is working on privacy-preserving Remote Procedure Call (RPC) services. Usually, RPCs can leak private data, like IP addresses or which accounts the user is interested in. Therefore, the PSE team has created a private RPC working group consisting of internal researchers and engineers, and external advisors.

The PSE team will also focus on making writing to Ethereum privately feasible and affordable. This means sending private transfers, casting a vote, or interacting with apps will become easier.

For private writes, the team will continue working on PlasmaFold, an experimental Layer 2 chain that will add private transfer features.

Lastly, the team will work towards ensuring that proving any data on Ethereum is private and accessible. The roadmap also includes goals like improving data portability and private identity for private proving.

While the team will focus on these areas for the foreseeable future, it added:

“Specific priorities and initiatives within [these] tracks will vary in their investment timelines and deliverables, and will evolve with the ecosystem, but we expect these general focus areas to persist for the next few years.”

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Crypto Group Pushes Senate to Shield Developers From Outdated Laws https://earlybirdsinvest.com/crypto-group-pushes-senate-to-shield-developers-from-outdated-laws/ https://earlybirdsinvest.com/crypto-group-pushes-senate-to-shield-developers-from-outdated-laws/#respond Sun, 31 Aug 2025 18:27:43 +0000 https://earlybirdsinvest.com/crypto-group-pushes-senate-to-shield-developers-from-outdated-laws/

A large group of crypto companies and organizations is asking the US Senate to create clear rules that protect people building blockchain software and tools that do not hold customer funds.

This group, made up of 112 businesses, investors, and advocacy organizations, sent a letter to the Senate committees in charge of banking and agriculture.

Their request is to ensure that software developers and providers of non-custodial services are not treated like financial intermediaries. The letter was written with help from the DeFi Education Fund and other partners.

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Well-known names, including Coinbase



$1.04B

, Kraken



$191.23M

, Uniswap
UNI


$9.76

Labs, Ripple, and a16z, signed the letter.

They want federal lawmakers to include protections in the upcoming market structure bill that separate developers and non-custodial service providers from traditional financial institutions.

Supporters of the letter warned that unclear or outdated rules could drive innovation out of the country. They pointed to research from Electric Capital, which shows that the US had 25% of all open-source blockchain developers in 2021. By 2025, that number dropped to 18%.

The coalition emphasized that people creating open-source tools or offering services that do not take control of customer funds should not be viewed as brokers or exchanges.

Another concern raised in the letter was the risk of different rules across states. If there is no nationwide approach, each state could create its own version of the law.

The group stated that federal protections would reduce this issue and support consistent development.

On August 26, a group of international regulators and exchange associations urged the US Securities and Exchange Commission (SEC) to clarify its position on tokenized stocks. What did they say? Read the full story.


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Solana Policy Institute grants $500K to defend Tornado Cash developers https://earlybirdsinvest.com/solana-policy-institute-grants-500k-to-defend-tornado-cash-developers/ https://earlybirdsinvest.com/solana-policy-institute-grants-500k-to-defend-tornado-cash-developers/#respond Fri, 29 Aug 2025 09:02:53 +0000 https://earlybirdsinvest.com/solana-policy-institute-grants-500k-to-defend-tornado-cash-developers/

The Solana Policy Institute (SPI) has pledged $500,000 to the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, according to an Aug. 28 statement.

Storm and Pertsev helped create Tornado Cash, an Ethereum-based privacy protocol that allows crypto transactions to be mixed and anonymized. After deployment, the developers relinquished control of the smart contracts, leaving the system to run without centralized oversight.

Developers held liable

Courts in the Netherlands and the US have held the developers liable for malicious actors’ use of the platform for their illicit activities.

Pertsev was convicted of money laundering in 2024, while Storm was found guilty earlier this month of conspiring to operate an unlicensed money-transmitting business.

These convictions have elicited strong responses from the crypto community, which argues that the Tornado Cash developers’ conviction misinterprets how blockchain protocols function.

Industry experts argue that developers cannot monitor or restrict usage of their protocols once the open-source code is published and immutable.

Notably, the SPI echoed this view, warning that holding coders responsible for third-party activity establishes a precedent that threatens innovation across the entire software industry.

Kristin Smith, the President of the Solana Policy Institute, said:

“Privacy is normal. Code is speech. And at Solana Institute, we’ll continue to defend the rights of software developers everywhere.”

Solana welcomes ‘Tornado Cash-like’ protocol

The SPI donation comes as Solana welcomes the launch of a Tornado Cash–style platform on its network.

On Aug. 27, Privacy Cash went live on the network, offering users a way to transfer digital assets into new wallets without linking prior addresses or transaction histories.

Mert Mumtaz, CEO of Helius Labs, said the tool’s design mirrors Tornado Cash’s but benefits from Solana’s performance and integrated block explorers.

According to him, combining the protocol with Solana’s infrastructure—and even bridging to privacy-focused assets like Zcash—gives users a pathway to near-total anonymity.

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Coinbase Developers Introduces x402: Letting AI Agents Pay with Crypto https://earlybirdsinvest.com/coinbase-developers-introduces-x402-letting-ai-agents-pay-with-crypto/ https://earlybirdsinvest.com/coinbase-developers-introduces-x402-letting-ai-agents-pay-with-crypto/#respond Sun, 17 Aug 2025 09:48:43 +0000 https://earlybirdsinvest.com/coinbase-developers-introduces-x402-letting-ai-agents-pay-with-crypto/

Coinbase



$1.12B

developers Kevin Leffew and Lincoln Murr have introduced the x402 payments protocol, a tool designed to let artificial intelligence (AI) agents carry out transactions on Ethereum
ETH


$4,508.22

without any human assistance.

The protocol allows software to automatically receive a payment request, send a stablecoin transfer, and receive the result. It has already been published on Coinbase’s GitHub page.

Their work highlights a web feature called HTTP 402, a status code originally created to signal that a payment is required before content is delivered. Although rarely used in practice, Leffew and Murr noted that this standard can serve a new function on Ethereum.

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By combining HTTP 402 with Ethereum Improvement Proposal 3009 (EIP-3009), which allows token transfers through signed messages, the x402 protocol enables agents to act on behalf of users without needing full access to private keys.

This makes it possible for bots to complete transactions with only permission to act, rather than full control of wallets.

This system could support a wide range of use cases. An autonomous vehicle, for example, could pay for tolls or fuel on its own. AI-based software could purchase access to online services or data. Even tasks like long-term file storage could be handled directly by machine agents using stablecoins.

Leffew and Murr also pointed out that Ethereum’s ability to support secure transactions, along with the availability of stablecoins, allows AI agents to follow rules, settle payments, and reduce the need for human oversight.

Recently, Circle, the USDC
USDC


$0.9932

stablecoin issuer, announced plans to launch its own blockchain called Arc before the end of 2025. What is it? Read the full story.


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DeFi Group DEF Pushes Back on Senate Bill Targeting Crypto Developers https://earlybirdsinvest.com/defi-group-def-pushes-back-on-senate-bill-targeting-crypto-developers/ https://earlybirdsinvest.com/defi-group-def-pushes-back-on-senate-bill-targeting-crypto-developers/#respond Mon, 04 Aug 2025 12:02:19 +0000 https://earlybirdsinvest.com/defi-group-def-pushes-back-on-senate-bill-targeting-crypto-developers/

The DeFi Education Fund (DEF), a group that represents major players in decentralized finance (DeFi), has shared its concerns with the US Senate Banking Committee after reviewing a new draft of the Responsible Financial Innovation Act (RFA) of 2025.

In an August 1 letter signed by members such as Uniswap
UNI


$9.29

Labs, a16z Crypto, and Paradigm, the group called for the bill to be more neutral when it comes to technology.

They noted that developers building open-source crypto tools should not be treated like financial service providers or middlemen. DEF also emphasized that the right of individuals to manage their own digital assets, known as self-custody, should be protected.

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The letter stressed that rules aimed at stopping illegal activity should not block new ideas in DeFi. DEF warned that laws made for traditional finance should not be applied to systems that do not involve third parties.

DEF also asked lawmakers to update FinCEN guidelines so that tools built without control over users’ funds are not treated like financial institutions.

The group said:

The rulemaking should reflect that technology that solely consists of non-custodial, non-controlling software shall not be regulated as a financial institution or financial intermediary.

Additionally, DEF argued that companies in traditional finance might use state-level enforcement to target DeFi developers, not to protect users, but to remove competition. The group stated that federal law should take priority over state rules to create protections for everyone working in the industry.

Recently, Coinbase accused the Federal Deposit Insurance Corporation (FDIC) of continuing to hold back important records. What did the exchange say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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iOS 26 beta 4 is released to developers, public beta coming soon https://earlybirdsinvest.com/ios-26-beta-4-is-released-to-developers-public-beta-coming-soon/ https://earlybirdsinvest.com/ios-26-beta-4-is-released-to-developers-public-beta-coming-soon/#respond Wed, 23 Jul 2025 01:35:59 +0000 https://earlybirdsinvest.com/ios-26-beta-4-is-released-to-developers-public-beta-coming-soon/

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Bitcoin developers proposing quantum upgrade warn 25% of total BTC supply exposed to attack risk https://earlybirdsinvest.com/bitcoin-developers-proposing-quantum-upgrade-warn-25-of-total-btc-supply-exposed-to-attack-risk/ https://earlybirdsinvest.com/bitcoin-developers-proposing-quantum-upgrade-warn-25-of-total-btc-supply-exposed-to-attack-risk/#respond Wed, 16 Jul 2025 14:27:21 +0000 https://earlybirdsinvest.com/bitcoin-developers-proposing-quantum-upgrade-warn-25-of-total-btc-supply-exposed-to-attack-risk/

A group of experienced Bitcoin developers has outlined a new proposal to prepare the network for the inevitable threat of quantum computing.

The initiative, led by Jameson Lopp, Christian Papathanasiou, Ian Smith, Steve Vaile, and Pierre-Luc Dallaire-Demers, focuses on safeguarding vulnerable Bitcoin held in older address types that may be compromised by future quantum breakthroughs.

25% of Bitcoin faces quantum computing risk

The proposal noted that around 25% of all Bitcoin eventually could be at risk if a cryptographically capable quantum computer emerges.

According to the developers, these assets are held in addresses that have already exposed their public keys, making them potential targets for these sophisticated computing machines.

Due to this, the developers stressed that this is not a hypothetical issue for the distant future but a serious risk that requires proactive mitigation.

They warned that a successful quantum attack wouldn’t just impact market value; it could severely undermine trust in the network’s ability to function securely. They stressed:

“An attack on Bitcoin may not be economically motivated – an attacker may be politically or maliciously motivated and may attempt to destroy value and trust in Bitcoin rather than extract value. There is no way to know in advance how, when, or why an attack may occur. A defensive position must be taken well in advance of any attack.”

Three-phase strategy for a quantum-safe transition

To prepare for this threat, the team has laid out a three-phase plan to gradually migrate users from quantum-vulnerable addresses to post-quantum secure alternatives.

The first phase would allow Bitcoin to be sent only to new address types called P2QRH, thereby nudging the network toward quantum resilience. This transition is expected to begin three years after the implementation of BIP-360.

The second phase would invalidate all spends from legacy cryptographic signatures, effectively freezing unupdated addresses after a predetermined block height. According to the developers, this could be roughly five years after phase one begins.

The third and final phase would provide a method for users who missed the migration window to recover their legacy funds using zero-knowledge proofs tied to their seed phrases. However, this step is still under research and would be optional.

Community reaction

Jacob Youngman, a Bitcoin commentator, expressed concern that the changes might lead to the confiscation of inactive or legacy-held coins, possibly including those linked to Satoshi Nakamoto.

According to him:

“The best we can do would be to give users an opt-in solution that protects them from quantum computers.”

However, Lopp addressed the criticism, stating that inactive wallets are just as likely to be exploited by malicious quantum actors if no action is taken.

Mentioned in this article
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Open-Source Developers Get Backing in DOJ Legal Battle https://earlybirdsinvest.com/open-source-developers-get-backing-in-doj-legal-battle/ https://earlybirdsinvest.com/open-source-developers-get-backing-in-doj-legal-battle/#respond Thu, 10 Jul 2025 06:16:17 +0000 https://earlybirdsinvest.com/open-source-developers-get-backing-in-doj-legal-battle/

A group of crypto advocacy organizations has joined a legal effort to stop the unfair treatment of open-source software creators.

On July 7, Paradigm, the Blockchain Association, the DeFi Education Fund, the Crypto Council for Innovation, and others filed a court document supporting developer Michael Lewellen in his lawsuit against the US Department of Justice (DOJ).

Lewellen built a decentralized finance (DeFi) program that does not hold or control user funds. He currently faces charges under a federal law, Section 1960 of Title 18, which was written to regulate unlicensed money businesses.

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The group argued that the DOJ is overextending the law by treating those who only create and share code as if they are actively transferring money on behalf of others.

The filing argued that posting open-source code does not qualify as “money transmitting”. The group compared the DOJ’s position to blaming a frying pan maker for what someone cooks in it.

The brief stated that someone cannot “transmit” or “transfer” money for someone else without first having control of that money.

According to the filing, the DOJ’s actions have made developers hesitant to build privacy tools or new DeFi projects in the United States. The group warned that if this continues, many developers will either stop their work or move to other countries to avoid possible charges.

The organizations have asked the court to let Lewellen’s case move forward and to make a clear ruling that open-source publishing is not illegal under current laws.

Recently, Paradigm submitted a legal brief in support of Roman Storm, one of the co-founders of Tornado Cash. What did the company say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Ethereum developers issue proposal to halve block slot time to boost transaction speed https://earlybirdsinvest.com/ethereum-developers-issue-proposal-to-halve-block-slot-time-to-boost-transaction-speed/ https://earlybirdsinvest.com/ethereum-developers-issue-proposal-to-halve-block-slot-time-to-boost-transaction-speed/#respond Tue, 24 Jun 2025 15:12:58 +0000 https://earlybirdsinvest.com/ethereum-developers-issue-proposal-to-halve-block-slot-time-to-boost-transaction-speed/

Ethereum’s core developers are pushing for a major technical change that could reshape how quickly the network processes transactions.

On June 21, Barnabé Monnot, one of Ethereum’s core contributors, suggested a new proposal, EIP-7782, which would halve the block slot time from 12 seconds to 6 seconds.

According to him:

“Shorter slot times make Ethereum a better confirmation engine, which is arguably one of its main value propositions for apps and rollups settling on Ethereum L1. Everyone benefits directly.”

EIP-7782 benefits

He explained that the proposed changes would improve confirmation speed, reduce trading costs on decentralized platforms, and create better conditions for cross-chain protocols.

The proposal also includes adjustments to the timing of several core blockchain operations, such as attestation and aggregation windows.

Under EIP-7782, the block proposal slot would shrink from 4 seconds to 3. Attestations and aggregations would move even faster, cut from 4 seconds to 1.5 each.

Monnot has proposed that the EIP should headline Ethereum’s upcoming Glamsterdam upgrade. He said:

“There are multiple slot restructuring proposals already made for Glamsterdam (EIPs 7732 and 7886), focused more on scaling We want to use our Glamsterdam proposal as a place to highlight the value of shorter slot times, and progress the conversation towards their implementation.”

Meanwhile, this push for faster slot times aligns with the Ethereum Foundation’s broader goal of enhancing the network’s Layer 1 performance and refining user experience.

Considering this, Storm Slivkoff, a research partner at Paradigm, supports the proposal. He noted that reducing latency could be the most valuable upgrade included in Glamsterdam, especially as transaction fees drop below $0.10.

In such an environment, increasing block size yields diminishing returns. Instead, improving block quality becomes more critical.

Ethereum’s ecosystem growth

The proposal comes as Ethereum’s activity hits new highs amid rising institutional adoption.

According to GrowThePie data, more than 20 million active addresses interacted with the network last week, setting a record. However, most of that activity happened on layer-2 networks, such as the Coinbase-backed Base.

Ethereum Network Activity
Ethereum Network Activity (Source: GrowThePie)

So, as Ethereum’s Layer-1 developers now propose making the core network faster and more efficient. If successful, the proposed slot time cut could improve performance where speed, cost, and usability matter most.

Mentioned in this article
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US Crypto Groups Pushes to Shield Developers in CLARITY Act https://earlybirdsinvest.com/us-crypto-groups-pushes-to-shield-developers-in-clarity-act/ https://earlybirdsinvest.com/us-crypto-groups-pushes-to-shield-developers-in-clarity-act/#respond Sat, 07 Jun 2025 08:52:07 +0000 https://earlybirdsinvest.com/us-crypto-groups-pushes-to-shield-developers-in-clarity-act/

A group of US crypto advocacy organizations has asked lawmakers to adjust a proposed digital asset bill to include clear protections for software developers and companies that support decentralized networks.

On June 5, seven organizations, including Coin Center, the Blockchain Association, and the Solana
SOL


$151.41

Policy Institute, released a joint statement asking Congress to attach the Blockchain Regulatory Certainty Act (BRCA) to the Digital Asset Market Clarity (CLARITY) Act of 2025.

The BRCA was reintroduced on May 21 by Representatives Tom Emmer and Ritchie Torres. It is designed to ensure that developers who build non-custodial crypto tools are not treated as financial service providers under federal rules.

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Meanwhile, the CLARITY Act focuses on dividing responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding the regulation of cryptocurrencies.

By combining the BRCA with this bill, lobbyists hope to establish clearer boundaries between regulators and those who build and maintain blockchain systems.

The organizations said that software creators and network providers should not be compared to traditional financial institutions, since they do not control or manage users’ funds.

Additionally, Coin Center’s communications director, Neeraj Agrawal, stated in a post on X that the group is closely monitoring to ensure that no surveillance-related language is added to the bill, which could lead to privacy risks for users and developers.

On June 2, the organizations also requested that Congress refrain from adding new sections to the stablecoin bill, the GENIUS Act, which they fear could delay progress. What did they say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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