Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
,
regulation news
- “There is a fundamental conflict between traditional banking Regulatory Approach and the Crypto World,” argued Tobias Adrian, Financial Consultant and Director of the Monetary and Capital Markets Department International Monetary Fund ,International Monetary Fund, He explained that, while institutions should be able to ensure that what is happening is legal, it is “very difficult to do in a world where transactions are fundamentally anonymous.” What regulator Want and need, he said, is basically at odds with the design of crypto.
ethereum news
- Marius VanDerWijden, a core developer Ethereum (ETH)The upcoming Shanghai-Capella upgrade reported a bug on the Zhejiang testnet on Thursday, which it said has been fixed. He wrote:”The last 4 and a half hours of debugging ended in this amazing bug fix. We got reports that geth nodes would not sync the zhejiang denet correctly. The issue was that if a block body was empty (no tx, no withdrawal ) so we won’t initialize it correctly. Ethereum Core Developer Tim Biko couple that “everyone believed they could patch it quickly.”
cbdc news
- bank of japan announced is planning to launch a new pilot for its central bank digital currency (cbdc) program in April. There will be no real transactions between participating users, only “simulated transactions”, Japan‘S Central bank Explained. “The purpose of the pilot program is two-fold: first, to test the technical feasibility not fully covered by the PoC [Proof of Concept]and second, to use the skills and insights of private businesses in terms of technology and operations to design the CBDC ecosystem in the potential event of social implementation.
stablecoin news
- usdt Issuer lanyard Said that “in light of recent regulatory headwinds caused issues For Bus and to some extent usdcUSDT currently represents about half of the total stablecoin market.” The announcement added that lanyard set a higher value than ever before in 2022 and total settlement for Tether will exceed $18.2 trillion” which is more than either master card Or VisaUSDT is now backed by over 81% by cash and cash equivalents with no exposure to commercial paper, with the remainder constituted by money market funds, reverse repo agreements and cash and bank deposits with the US Treasury. The direct exposure includes over $39 billion, it said.
DeFi News
- Ethereum scaling solution zkSync epoch announced its Fair Onboarding Alpha, Saying that “the first zkEVM on Ethereum is finally lifting the gates to deploy registered projects on the mainnet.” The team also announced that zkSync Era is now fully open source with the freedom to view, modify, and fork the code, as well as renaming zkSync 2.0 to zkSync Era, and zkSync 1.0 now being zkSync Lite. . The team will update the protocol roadmap and publish an overview of the next milestones soon.
investment news
- Cornell SC Johnson College of Business US-based startup announced Wave as the latest sponsor of Fintech at Cornell Initiative. Per In the press release, FinTech at Cornell prepares students for the digital age by engaging them in discussion and debate on the socioeconomic implications and applications of AI, Big Data with faculty members, think tanks, entrepreneurs, industry leaders and policy makers. blockchainDigital assets, digitization, and more.
- web3 security company stelo announced $6 million seed round funding led a16z crypto with participation by first round capital, opensea ventures, chainforest, boxgroup, Pear, homebrew, Louis Beryl, Sabrina Hahn, Dylan Fields, Dan Romero, Gokul Rajaram, Lenny Rachitsky and others. Stello aims to expand the reach of its tools to make transactions on the blockchain simple and secure. Stello also announced the Stello v2 extension to the Developer API to empower dapps And Purse To use the Stelo transaction engine, and approve.xyz, an approval experience for users to understand their wallet health and keep it safe, it added.
mining news
- Bitcoin miner cleanspark announced 20,000 brand new purchases Antminer S19j Pro+ units for $43.6 million. Post-coupon, the company expects to pay $32.3 million for a 25% discount, or a total price of about $13.25 per tera. The Pro+ is more power-efficient and 22% more productive than the Antminer S19J Pro model and will be shipped in batches, with deliveries starting early next month and running through the end of May, the company said. CleanSpark plans to deploy a fleet of new machines on its wholly owned Bitcoin digging in places America,
career news
- While giants of the crypto market announce massive layoffs in 2022, the crypto Payment Ecosystem coin pay Announced plans to hire new talent and grow to more than 300 team members in 2023, it said in a press release. “In 2022, amid market turmoil, we plan to grow our team by 65% to 200+ employees. And now we’re ready to expand our team of experts to polish our in-house systems, drive the company’s growth in a stable market, and drive greater results.
Bitcoin Crypto Related Post