Daily Archives: 20/01/2021

Ethereum developers has updated Berlin hardfork spec

Ethereum developer James Hancock has released five Ethereum Improvement Proposals (EIP) updated in the Berlin hardfork specification. The Berlin update aims to improve the current Ethereum Proof-of-Work (PoW) network. Earlier, the developers decided to suspend work on the Berlin hard fork until August due to excessive dependence on the Geth client. Otherwise, any failure in this client could suspend the entire network. The developers considered that the best solution would be the transition of node…

Dubai Financial Regulator Develops Crypto Assets Regulation

The Dubai Financial Services Authority (DFSA) plans to submit two advisory documents on cryptoasset regulation in 2021. The Dubai International Financial Center Special Economic Zone Financial Regulatory Authority will develop a regulatory framework for digital assets as part of the 2021-2022 business plan, released this week. According to information from the DFSA, the future cryptoasset regulation structure will expand the Authority’s powers over digital asset issuers and associated trading platforms. The framework will include rules…