Analysts have unearthed details from a March filing with the United States Securities and Exchange Commission (SEC) that suggest the regulator may consider labeling Ether a security. In a May 13 X post, Davis Polk and Wardwell Associate Scott Johnsson reviewed a March 4 filing from BlackRock over its application to list and trade a spot Ether exchange-traded…

Ethereum co-founder Vitalik Buterin has proposed a new Ethereum improvement protocol, EIP-7706, focused on a new gas model for transaction call data. Ethereum-based transactions currently have two types of gas fees: one for transaction execution, which covers the computational effort required to perform a transaction, and one for storage, which is the cost of storing data in…

Regulators are cracking down on privacy-preserving protocols like cryptocurrency mixers, but zero-knowledge proofs (ZK-proofs) could offer a solution for both developers and regulators. Offering privacy-preserving features in a legally compliant manner is among the biggest concerns of today’s privacy-focused blockchain protocols, which can be used by virtually anyone with internet access. However, the evolution of…