Ethereum community members have proposed a new standard to improve the security of decentralized finance (DeFi) protocols. The proposed standard, known as ERC-7265, would enable “circuit breakers” that would allow DeFi protocols to easily add fallbacks to their smart contracts, preventing tokens from leaving the contract in the event of a hack. The standard setters are @tcb_00, @Diyahir and @real_philogy. Given that the ERC-7265 standard is a proposed standard, it remains to be seen whether t...

Ethereum community members have proposed a new standard to improve the security of decentralized finance (DeFi) protocols. The proposed standard, known as ERC-7265, would enable “circuit breakers” that would allow DeFi protocols to easily add fallbacks to their smart contracts, preventing tokens from leaving the contract in the event of a hack. The standard setters are @tcb_00, @Diyahir and @real_philogy. Given that the ERC-7265 standard is a proposed standard, it remains to be seen whether t...

Social blockchain DeSo has announced that it will offer bounties of up to $1 million to developers who build on-chain alternatives to Reddit on its platform. Reddit's recent decision to restrict API access sparked protests within the community by making content private. DeSo claims that building a decentralized Reddit on its chain will give it full control over its content without being censored or banned at the protocol level.

Social blockchain DeSo has announced that it will offer bounties of up to $1 million to developers who build on-chain alternatives to Reddit on its platform. Reddit's recent decision to restrict API access sparked protests within the community by making content private. DeSo claims that building a decentralized Reddit on its chain will give it full control over its content without being censored or banned at the protocol level.

AntChain announced that AntChain FAIR, a privacy collaboration platform, has undergone a new architectural upgrade, introducing zero-knowledge proof (ZKP) as the core verifiable computing technology, and expanding from trusted data transfer to verifiable computing processes, data attributes, and identities. It is understood that this is an important upgrade for the core architecture of the FAIR platform following the increase in large-scale computing capabilities last year. It is reported tha...

AntChain announced that AntChain FAIR, a privacy collaboration platform, has undergone a new architectural upgrade, introducing zero-knowledge proof (ZKP) as the core verifiable computing technology, and expanding from trusted data transfer to verifiable computing processes, data attributes, and identities. It is understood that this is an important upgrade for the core architecture of the FAIR platform following the increase in large-scale computing capabilities last year. It is reported tha...

It is learned from ICBC Shanghai Branch that the bank has recently successfully launched the Shanghai Clearing House Commodity Clearing Digital RMB clearing and settlement service. On the first day of its launch, the bank signed contracts with a number of physical enterprises, and successfully implemented the first clearing and digital currency settlement in the whole market. It is understood that the liquidation and digital currency clearing and settlement service launched this time is the f...

It is learned from ICBC Shanghai Branch that the bank has recently successfully launched the Shanghai Clearing House Commodity Clearing Digital RMB clearing and settlement service. On the first day of its launch, the bank signed contracts with a number of physical enterprises, and successfully implemented the first clearing and digital currency settlement in the whole market. It is understood that the liquidation and digital currency clearing and settlement service launched this time is the f...

According to an announcement on Wednesday, Singapore's DBS Bank launched a digital renminbi collection platform, and its merchant customers can use digital renminbi to collect payments from customers. The newly launched merchant payment platform allows businesses to automatically settle digital yuan to their bank deposit accounts.

According to an announcement on Wednesday, Singapore's DBS Bank launched a digital renminbi collection platform, and its merchant customers can use digital renminbi to collect payments from customers. The newly launched merchant payment platform allows businesses to automatically settle digital yuan to their bank deposit accounts.

Christine Kim, vice president of research at Galaxy Digital, published a post summarizing the discussion of the latest Ethereum executive layer core developer conference call (ACDE), including the impact analysis of EIP 6466 and 6406; the progress of Cancun/Deneb testing; the BuilderOverrideFlag (build or override flag) into the engine API; and the two ring buffers included in the EIP 4788 specification. The first is the EIP-6466 and 6406 code changes, which update the data encoding in the tw...

Christine Kim, vice president of research at Galaxy Digital, published a post summarizing the discussion of the latest Ethereum executive layer core developer conference call (ACDE), including the impact analysis of EIP 6466 and 6406; the progress of Cancun/Deneb testing; the BuilderOverrideFlag (build or override flag) into the engine API; and the two ring buffers included in the EIP 4788 specification. The first is the EIP-6466 and 6406 code changes, which update the data encoding in the tw...

Coinbase CEO Armstrong Brian and three other executives sold about $6.89 million worth of Coinbase stock on July 6, totaling 88,058 shares. Among them, Armstrong Brian sold 74,325 shares, more than 5.8 million US dollars. The other three executives sold 1,818 shares for chief legal officer Grewal Paul, about $140,000, chief accounting officer Jones Jennifer N. sold 7,335 shares for about $550,000, and director Rajaram Gokul sold 4,580 shares for about $366,500.

Coinbase CEO Armstrong Brian and three other executives sold about $6.89 million worth of Coinbase stock on July 6, totaling 88,058 shares. Among them, Armstrong Brian sold 74,325 shares, more than 5.8 million US dollars. The other three executives sold 1,818 shares for chief legal officer Grewal Paul, about $140,000, chief accounting officer Jones Jennifer N. sold 7,335 shares for about $550,000, and director Rajaram Gokul sold 4,580 shares for about $366,500.

The UK’s Financial Conduct Authority (FCA) has released a statement saying it is cracking down on unauthorized cryptocurrency ATMs in the UK. The FCA said it had investigated 34 sites in the UK since the start of the year, often in cooperation with other law enforcement agencies. So far, 26 crypto ATMs have been shut down during 2023. In May and June, the FCA, South West Regional Organized Crime Unit, Bedfordshire Police, Hertfordshire Police and the Metropolitan Police inspected 18 locations...

The UK’s Financial Conduct Authority (FCA) has released a statement saying it is cracking down on unauthorized cryptocurrency ATMs in the UK. The FCA said it had investigated 34 sites in the UK since the start of the year, often in cooperation with other law enforcement agencies. So far, 26 crypto ATMs have been shut down during 2023. In May and June, the FCA, South West Regional Organized Crime Unit, Bedfordshire Police, Hertfordshire Police and the Metropolitan Police inspected 18 locations...

Bank of England Governor Bailey says cash will still exist despite the advent of digital currencies. Stablecoins are not robust and do not meet the criteria of a safe currency. Our work on retail central bank digital currencies does not change our commitment to physical currencies. The main motivation for launching a retail central bank digital currency is to ensure that the public has central bank money that they can use in their daily lives. Bitcoin-type cryptocurrencies are best viewed as ...

Bank of England Governor Bailey says cash will still exist despite the advent of digital currencies. Stablecoins are not robust and do not meet the criteria of a safe currency. Our work on retail central bank digital currencies does not change our commitment to physical currencies. The main motivation for launching a retail central bank digital currency is to ensure that the public has central bank money that they can use in their daily lives. Bitcoin-type cryptocurrencies are best viewed as ...

Nuggets, a self-sovereign ID and payments platform, said it was working with the Bank of England on its goals related to a "digital pound". Specifically, the project is developing a privacy and identity layer that could be used with the UK's future central bank digital currency (CBDC). Nuggets intends to design a secure and private system that prevents transaction tracking and correlation, while adhering to strict anti-fraud and anti-money laundering standards. To that end, Nuggets plans...

Nuggets, a self-sovereign ID and payments platform, said it was working with the Bank of England on its goals related to a "digital pound". Specifically, the project is developing a privacy and identity layer that could be used with the UK's future central bank digital currency (CBDC). Nuggets intends to design a secure and private system that prevents transaction tracking and correlation, while adhering to strict anti-fraud and anti-money laundering standards. To that end, Nuggets plans...

Cryptocurrencies, particularly bitcoin, could revolutionize the financial system, BlackRock CEO Larry Fink said in an interview with Fox Business on Wednesday. “We do believe that if we can tokenize more assets and securities — that’s Bitcoin — it could revolutionize finance,” he said. He called bitcoin "digital gold," an international asset. Previously, Fink was considered a skeptic of cryptocurrencies, saying a few years ago that cryptocurrencies were heavily used for “illegal activities.” ...

Cryptocurrencies, particularly bitcoin, could revolutionize the financial system, BlackRock CEO Larry Fink said in an interview with Fox Business on Wednesday. “We do believe that if we can tokenize more assets and securities — that’s Bitcoin — it could revolutionize finance,” he said. He called bitcoin "digital gold," an international asset. Previously, Fink was considered a skeptic of cryptocurrencies, saying a few years ago that cryptocurrencies were heavily used for “illegal activities.” ...

The digital asset industry appears to be the most ripe for M&A disputes, according to a new report from the Berkeley Research Group. The firm’s mid-year M&A dispute report noted that 43% of dealmaking professionals surveyed expect an increase in M&A disputes in the digital asset industry, higher than all other industries. “With market volatility and proposed regulations disrupting cryptocurrency activity, digital asset and service transactions are ripe for controversy,” the report states. In ...

The digital asset industry appears to be the most ripe for M&A disputes, according to a new report from the Berkeley Research Group. The firm’s mid-year M&A dispute report noted that 43% of dealmaking professionals surveyed expect an increase in M&A disputes in the digital asset industry, higher than all other industries. “With market volatility and proposed regulations disrupting cryptocurrency activity, digital asset and service transactions are ripe for controversy,” the report states. In ...