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Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.

Digital Currency Group Lands $600M Debt Funding

Digital Currency Group Lands $600M Debt Funding

Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations.

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

The US SEC has modernized their definition of an 'accredited investor' to consider not just an individual’s wealth, but their education.

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.

DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%

DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%

The DeFi sector has attracted millions to billions of dollars worth of crypto to the industry, however, some protocols have shown issues.

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.

Singapore Regulators and Banks Develop Crypto Customer Screening Standards

Singapore Regulators and Banks Develop Crypto Customer Screening Standards

Singapore's monetary authority and police forces are collaborating with traditional banks to optimize their procedures for opening accounts for digital asset service providers. After six months, results and conclusions for risk management and due diligence will be published. The guidelines will cover stablecoins, NFTs, and transferable gaming or streaming credits, with banks reserving the right to make decisions based on their own risk assessment.

Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects

Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects

Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform

US SEC Extends Review Period for 7RCC's Bitcoin ETF Listing

US SEC Extends Review Period for 7RCC's Bitcoin ETF Listing

The US SEC has extended the review period for 7RCC's Bitcoin ETF listing, with the final decision expected by June 24, with the initial deadline set for May 10. The Bitcoin ETF aims to provide investors with exposure to Bitcoin and incorporate carbon credits.

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.

Genesis Capital's Settlement Disrupted by Creditors

Genesis Capital's Settlement Disrupted by Creditors

Digital currency company Genesis Capital's settlement process has been disrupted by creditors, raising concerns about the timing of the process. Genesis' parent company, Digital Currency Group (DCG), has filed a motion for mediation, citing renewed demands from creditors.

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.

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