Buterin weighs in on zk-EVMs’ impact on decentralization and security
03 Apr 2023
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Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer. Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin…

Arbitrum to break up governance votes after community backlash
03 Apr 2023
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The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holders. On April 2, the Arbitrum Foundation tweeted that its first governance proposal, AIP-1, “likely will not…

UK banks are turning away crypto clients: Report
03 Apr 2023
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Challenges for crypto companies range from having applications rejected, accounts frozen, to being overwhelmed with paperwork. Crypto companies are facing difficulties accessing banking services in the United Kingdom, according to multiple sources interviewed by Bloomberg. The few banks still working with crypto firms are requesting more documentation and information about how they monitor clients’ transactions. Challenges include…

Bitcoin copying ‘familiar’ price trend in 2023, two more metrics show
03 Apr 2023
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The SLRV Ribbons and Bitcoin Yardstick tools both reveal copycat behavior from 2019 when it comes to Bitcoin price recovery. Bitcoin is on the road to a new bull market and should deliver serious returns in the process, fresh analysis reveals. In a tweet on April 2, Charles Edwards, founder of Bitcoin and digital asset hedge fund Capriole…