Forward Research releases UDL v0.2
Eight months after launching the first version of the Universal Data License (UDL), Arweave development incubator Forward Research has released UDL version 0.2.
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Eight months after launching the first version of the Universal Data License (UDL), Arweave development incubator Forward Research has released UDL version 0.2.
Bitfinity's £7 million investment for its Bitcoin sidechain on ICP signals a transformative step in web3 infrastructure. With the introduction of the Bitfinity EVM and innovative Chain-Key technology, Bitfinity aims to revolutionize Bitcoin's efficiency and accessibility, expanding its role in the decentralized finance landscape. As the platform evolves, integrating Taproot assets and creating on-chain indexers, Bitfinity emerges as a key player shaping the future of digital finance. However, challenges lie ahead as the industry navigates complexities associated with security and scalability.
Bitfinity's recent funding success, strategic features, and growth plans position it as a noteworthy player in the evolving landscape of Bitcoin scaling solutions, particularly with its focus on Ethereum compatibility and high-speed, cost-effective EVM capabilities.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
The crypto market’s steady growth since the start of 2023 was checked by pronounced losses this week.
Bloomberg reported that the investigation was at an “advanced stage” and “could lead to a settlement in coming days.”
In response to a poor cryptocurrency market, Kraken has chosen to cease operations in Japan for a second time.
According to a recent report, Kraken's new CEO, Dave Ripley, announced that he does not intend to register Kraken with SEC.
Jesse Powell, Kraken CEO, talks more in detail about why he decided to shut down Kraken’s headquarters in San Francisco. ...