1 September

“Members of the Ethereum community have been discussing ways the core protocol can be engineered to make censorship difficult – or even impossible.

One of the more compelling ideas for how this might work is a “shutterized Beacon Chain” – a proposal that encrypts key transaction details so they cannot be censored by validators. Core details – like who is sending a transaction, who is on the receiving end and the quantity of tokens changing hands – are hidden from searchers and block builders. Only after a transaction is approved and confirmed on-chain will its content become unencrypted.

It’s obvious why this might be useful from an anti-MEV perspective: If block builders and searchers can’t see a transaction’s payload (meaning what is being paid out to whom), then they won’t have the information that they need to extract MEV. As a side effect, shutterization could play a major role in preventing censorship.

I think ultimately, it’s always a social kind of fight. I don’t want to just find ways to somehow be able to use Tornado; I want to make it socially acceptable to say that Tornado is a valuable thing.”

See Also: Removing Trusted Relays in MEV-Boost Using Threshold Encryption
See Also: Can Privacy-Focused Bitcoin Projects Avoid OFAC Sanctions?

The District of Columbia is suing MicroStrategy (MSTR) founder and Executive Chairman Michael Saylor for allegedly never paying any income taxes in the district in the more than 10 years he has lived there.

In addition, the office is suing MicroStrategy ‘for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living‘ in Washington. Saylor had MicroStrategy report his residency as being in Florida in forms filed with the U.S. Internal Revenue Service.

The action is the first lawsuit brought under [the district’s] recently amended False Claims Act encouraging whistleblowers to report residents who evade our tax laws by misrepresenting their residence.”

A new partnership between Ticketmaster and Dapper Labs’ Flow blockchain will enable event organizers to issue non-fungible tokens (NFT) before, during and after live events. The NFTs will serve as a shareable form of digital memorabilia.

In the past several months, Ticketmaster has integrated a wallet feature and digital marketplace into its website, facilitating collectors’ efforts to share, trade and view the NFTs they earn.

In addition, the NFL will also expand its NFT offerings this year, awarding NFTs to every sports fan in attendance at more than one hundred games throughout the 2022 season, including at least three home games for each of the league’s 32 clubs.”

See Also: A16z Wants to Standardize NFTs by Giving You a License for Your Token

“In the last 15 years, Peru has been one of the fastest-growing economies in Latin America. But political turmoil and rising inflation over the past year has unsettled Peruvians, leading many to turn to crypto as a safe haven.

There are two reasons for the increasing crypto adoption in Peru. Inflation, which has made people lose confidence in the Peruvian sol, and concerns regarding the government.

Despite the fact that the U.S. dollar is legal tender in Peru, the exchange rate imposed by banks between the Peruvian sol and the U.S. dollar is “usually very high,” forcing locals to look for other ways of obtaining U.S. dollars. Buenbit, with more than 700,000 users, saw strong stablecoin adoption in Peru, in part because it is one of the countries with the highest adoption of U.S. dollars in Latin America.”