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Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience


Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms better...

Taipei Blockchain Week Opens with Vitalik Buterin, Binance’s Richard Teng


Taipei Blockchain Week 2023 — Finance Cupcake. Photo by: Tanzeel Akhtar Taipei Blockchain Week kicked off this week with around 2,000 people from the crypto community gathering on Thursday to hear industry players discuss blockchain trends ranging from Llayer 1’s role in Web3’s...

Experts expect Ethereum to outperform Bitcoin in 2024


Ether and Bitcoin are as strong as they can after shedding away the burden of crypto winter. However, one of them is poised to outperform the other in 2024. A general conception would place Bitcoin at the top of the table, but it is Ether in this instance. Nikolaos Panigirtzoglou, an analyst at...

SEC Delays Decision on Invesco Galaxy’s Ethereum ETF Until February 2024


Source: DALL·E The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Invesco Galaxy’s spot Ethereum exchange-traded fund (ETF) application, new decision to be made in 2024. According to the SEC’s latest filing, the decision, initially expected by December 23, 2023...

Cambridge Study: Ethereum Consumes 28x Less Energy Than American Express


Source: AdobeStock The world’s second-largest crypto protocol Ethereum network, is reported to consume 28 times less energy than the American Express business, according to a recent report from the University of Cambridge. The report compares the annual energy consumption of the smart...

Nil Foundation Launches Type-1 zkEVM for Enhanced Ethereum Scaling Security


Source: Pixabay Ethereum research and development firm =nil; Foundation today announced the launch of Type-1 zkEVM, designed to enhance security and scalability for Ethereum. Operating on the zkRollup framework, the zkEVM incorporates zkSharding technology, promising advanced security while...

StarkWare to Pay 10% of Network Fees to Developers in Pilot Program


Source: Adobe Stock Ethereum developer StarkWare said it will pay 10% of its network fees to builders as part of a new pilot program dubbed the “Devonomics Pilot Program” incentivising the team to make the network “bigger and bolder.” The first distribution paid to developers amounts to 1,600...

Unveiling Blocknative’s Ethereum MEV guardian


One of the biggest players in the blockchain sector, Blocknative, is increasingly stepping up to combat the MEV concerns within the Ethereum ecosystem. A persistent problem for the decentralized ecosystem is MEV, which is an act by miners to rearrange transactions to obtain maximum profits. With...

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