A higher layer-1 (L1) capacity remains essential for Ethereum, even as the network follows a rollup-centric roadmap, Ethereum co-founder Vitalik Buterin argued in a Feb. 14 blog post. He presented his case for further increases to Ethereum’s gas limit despite a recent agreement that raised it from 30 million to 36 million. Increasing the gas limit allows more…
The US Securities and Exchange Commission’s Crypto Task Force met with several representatives from the cryptocurrency and traditional finance sectors to discuss regulatory issues impacting digital assets in early February. Key themes included staking, clear guidelines for exchange-traded products (ETPs) and a new framework for policing the emerging asset class. According to memoranda available on…
Dubai’s Virtual Assets and Regulatory Authority (VARA) issued a warning about the risks associated with memecoins, cautioning investors against speculative and unregulated assets. On Feb. 13, Dubai’s crypto regulator warned investors that memecoins are high-risk and unregulated. The regulator said these assets are speculative, volatile and subject to market manipulation. VARA wrote: “Many such assets lack intrinsic…