Vitalik Buterin reveals Ethereum's simplification plan, "The Purge," aimed at reducing historical data storage and addressing technical debt. Initiatives include EIPs, Geth cleanup, and introducing SSZ. Concerns raised over complex Layer 2 scaling solutions, emphasizing a balanced approach.
Xu LinWeb3Auth launches 'Wallet Services,' aiming to streamline web3 development with pre-built templates and introduces 'Pregenerated Wallets' for simplified user engagement.
JoyVirginia Senate considers Bill No. 339, proposing exemptions for miners from money transmitter licenses, protections from discrimination, digital asset classification updates, and tax benefits for crypto users.
Xu LinThese offerings, christened "Gas Station" and "Smart Contract Platform," promise to usher in an era of enhanced convenience and cost-efficiency.
CatherineDespite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
AlexLegal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
BeincryptoThe ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
FinboldIf the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
FinboldThe Securities and Exchange Commission (SEC) has been extensively criticized for its regulatory stance in the crypto sector.
Finbold"We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets," said Alvin Tan.
Cointelegraph