Daily Archives: 08/03/2021

Blockchain Association will discuss with the Biden administration the development of the cryptocurrency industry

The Blockchain Association, an American advocacy group, will discuss with the administration of US President Joe Biden the possibility of creating favorable conditions for the development of the cryptocurrency industry in the country. The Blockchain Association includes cryptocurrency exchanges Circle, Binance.US, Kraken and investment company Grayscale. Blockchain Association Executive Director Kristin Smith announced meetings with senior White House politicians, including US Treasury Secretary Janet Yellen, candidate for deputy secretary and former BlackRock chief Wally Adeyemo,…

Ethereum Developers included EIP with “burning fees” in July hardfork London

Ethereum developers have decided to include EIP 1559 in the London hard fork scheduled for July. EIP 1559 implies burning ETH when paying commissions. Based on the results of the last meeting of Ethereum developers, it was decided to include EIP 1559 in the London hard fork in July this year, despite the dissatisfaction of the miners. Five more EIPs could also be included in the update. EIP 1559 will greatly change the transaction –…