Laws

[Mirror] Quadratic Arithmetic Programs: from Zero to Hero

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/quadratic-arithmetic-programs-from-zero-to-hero-f6d558cea649 There has been a lot of interest lately in the technology behind zk-SNARKs, and people are increasingly trying to demystify something that many have come to call "moon math" due to its perceived sheer indecipherable complexity. zk-SNARKs are indeed quite challenging to grasp, especially due to the sheer number of moving parts that need to come together for the whole thing to work, but if we break the technology down piece by piece then

Dynamic Coalition on Blockchain Assurance and Standardization (DC-BAS)

Introduction Blockchains are a promising technology with the potential to transform many industries. However, there are still challenges that need to be addressed before blockchain solutions can reach their full potential. Blockchains are important because they can be used to create secure and transparent systems. For example, blockchains can streamline the delivery of public services to underserved communities and populations, strengthen transparency and integrity for public services, and ultimately build trust amongst all stakeholders. As blockchain technology continues to develop, it is likely to have a major impact on the

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

Crypto Market Trends – BUSD Launched a Crypto Recovery Fund

2023-4-6 The price volatility that has been experienced in the crypto sector since 2022 has shown the need for stablecoin issuers to hedge against their cryptocurrencies to avert potential disastrous eventualities such as implosions. Still, the market has a clear memory of the impact of the Terra USD crash on the crypto market in particular and the digital sector in general. This article discusses Binance’s initiative to introduce a recovery fund for its stablecoin Binance USD (BUSD). Binance to convert the recovery fund into a few cryptocurrencies Recently, Binance announced

International Government Leaders Talk Crypto & Digital Assets in Washington

Washington, DC – The Government Blockchain Association (GBA) is set to host an event that will bring together government leaders to discuss the radical changes in money, cryptocurrency, banks, and central bank digital currencies (CBDCs). The conference, titled "The Future of Money, Governance, and the Law," will include law makers, regulators, innovators, and business leaders who are shaping the financial system. "The Future of Money, Governance, and the Law will bring together government leaders during this decisive time to examine changes in money and the laws governing it. We are

Why is it worth following the trends in the gambling industry?

Gambling is not really a new thing, but it has changed a lot over the years. Today, gambling is largely done online, which has also had a great impact on the entire industry. The industry today has the same trends just like any other industry. But why are these trends also interesting to those who do not necessarily have anything to do with the gambling industry? There are of course many different reasons for this, as you will soon discover. So let's find out why following these trends can be

Axis Technologies Group, INC. (OTCMARKETS: AXTG) Announces Intention to File Registration Statement for Public Offering of Common Stock

California — March. 30, 2022 Axis Technologies Group, Inc. (OTCMARKETS: AXTG) today announced that it intends to file a registration statement with the Securities and Exchange Commission in late April 2022 for a proposed underwritten public offering of common stock. The proposed offering is expected to be predominantly from existing shareholders and be approximately $10 million. The offering is subject to market and other conditions, including the effectiveness of the registration statement to be filed under the Securities Act of 1933, as amended (the “Securities Act”). This announcement is being

U.S. Treasury Department & Israel Form Joint Venture to Combat Cyber Crime

The U.S. and Israel join forces to combat the growing threat of ransomware attacks that often leave fiscal destruction in their wake for the affected victims.Sponsored Sponsored The U.S. Treasury Department is joining forces with Israel to combat the threat of ransomware. The U.S. Deputy Treasury Secretary met with two Israeli officials, the Minister of Finance and the National Cyber Directorate Director-General, to formalize the joint venture launch. The venture seeks to oversee “the development of risk mitigation tools for law enforcement to enhance the efficiency of analytical and enforcement

SEC Files Action Against Terraform Labs CEO Do Kwon Regarding Mirror Protocol

The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address. The investigative subpoenas seek Kwon’s testimony and the production of documents from Terraform Labs SEC Acts Against Terraform Labs and Do Kwon The United States Securities and Exchange Commission (SEC) has taken the next step in its battle against

Bitwise withdraws its application for a bitcoin futures ETF.

Cryptocurrency firm Bitwise has withdrawn its bitcoin futures ETF application, according to Bitwise CIO Matt Hougan, who announced on Twitter. However, the spot filing remains in play and competes with several other applications for the United States Securities and Exchange Commission’s (SEC) attention. Hougan explained the withdrawal, which on the whole comes down to spot ETFs being better for long-term investors and the costs associated with futures ETFs.  1/ Today, @BitwiseInvest withdrew its application to list a bitcoin *futures* ETF. (Our spot filing remains.) Thought I’d share our thinking. A