“Beginning immediately, anyone, anywhere can upgrade their Sai to Dai easily through MakerDAO’s Migration Portal and take advantage of all MCD has to offer.
Not long ago, MCD was envisioned as a system that would help shape the future of commerce on the blockchain. Today, that vision is a reality. MCD stands ready to make good on its promise to allow businesses and individuals all over the world to realize the advantages of digital money—without common restrictions and inherent volatility.”
See Also: Introducing Oasis Borrow and Save
See Also: The Future of MKR with Multi-Collateral Dai
“Mimblewimble’s privacy is fundamentally flawed, which he reportedly proved by discovering the exact addresses of senders and recipients for 96% transactions of Mimblewimble’s privacy-centric coin Grin (GRIN).
According to the researcher, the problem is inherent to Mimblewimble, and there is no way to fix it. Based on new findings, Mimblewimble should no longer be considered as a ‘viable alternative to Zcash or Monero when it comes to privacy.‘
According to the researcher, Zcash purportedly provides the maximum possible anonymity as its anonymity set includes all the shielded transactions. Ethereum co-founder Vitalik Buterin replied to emphasize:
Only global anonymity sets (eg. as done with ZK-SNARKs) are truly robustly secure.”
“Overturning the rejection would clear the way for potentially the first bitcoin ETF in the U.S., following years of anticipation of a mainstream-ready investment product.
It is not clear what triggered the SEC’s review. Bitwise did not request the review, ‘we do, however, welcome the opportunity to submit comments and continue the dialogue with the SEC.'”
“A panel of senior British judges and lawyers recognized crypto assets as “tradable property” under English and Welsh law. The statement also defines smart contracts as “enforceable agreements”.
The task force undertook the effort to ‘provide much needed market confidence and a degree of legal certainty as regards English common law.’ The statement is expected to provide a solid foundation for the mainstream adoption of crypto assets and smart contracts in the U.K.”
“The FATF’s so-called “travel rule” requires virtual asset service providers (VASPs) like cryptocurrency exchanges to collect and share personal data during transactions. The creators of the proposed protocol say that it enables VASPs to transmit this information in a highly private and secure fashion – called OpenVASP.
OpenVASP is a roadmap to FATF compliance that enables VASPs to protect private and business-sensitive data.”
“Almost 200 developers are currently reviewing “Bitcoin Improvement Proposals” (BIPs) around Taproot and Schnorr.
This is a way to make sure more people understand the proposal as early as possible.”
“Brave 1.0 is reported to offer 3-6x faster browsing compared to other browsers and includes a variety of features designed to make browsing the internet a safer and more secure experience. To accomplish this, Brave automatically blocks third-party advertisements, trackers and autoplay videos, as well as phishing and malware attempts.”
“Hyperledger, the open-source blockchain alliance backed by the Linux Foundation, has green-lit a Beijing-based firm that also serves the Chinese army to join its new certification program. Only five companies are authorized Hyperledger Certified Service Providers (HCSP).
Peersafe has already assisted Chinese police to secure footage and data transmission in its surveillance systems via trusted nodes, while providing encrypted communication services for the government.
According to a report published this month, the Chinese armed forces would use blockchain technologies to secure classified information and communications, evaluate military training performances and monitor logistics.”
“Visa, the world’s largest card payment network, has been quietly developing a blockchain system that could upend how banks transfer customer transaction data to consumer financial applications.
It illustrates Visa’s desire–like most large financial firms–to be able to not have customer data touching multiple different companies and to allow consumers to get closer to controlling their data.
The system was tested on Tendermint and Hyperledger Fabric, both available in the public domain. But it can also be used on a forkless public blockchain using a proof-of-stake consensus system, like those on Algorand or Ethereum 2.0.”
“In order to receive the registration, LocalBitcoins had to prove to the FIN-FSA that it had implemented suitable Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures, along with having adequate safeguarding for customer assets.
Its position as an outlet in which citizens can circumvent capital controls on money would seem to now be increasingly in question. Evidence of this can be seen in the trend of users dropping the service for alternative, and perhaps less-regulated providers.”
“While RBC does not comment on ongoing proprietary research and development, we can confirm that these patent filings are not in support of work towards a cryptocurrency exchange for clients. RBC has no near-term plans to launch a cryptocurrency exchange for clients.”
“Opera’s OPay reportedly intends to use the new Series B $120 million round to scale and extend its digital payments solution beyond Nigeria to Kenya, Ghana and South Africa.
Opera is both highly active in the cryptocurrency sphere and in the African consumer market. Since its Series A $50 million round, OPay’s business in Nigeria has grown to 140,000 active agents and hit $10 million in daily transaction volume.”
The Disrupt 