Daily Archives: 01/06/2021

Ethereum Developers fixed vulnerability in EIP-1559

Ethereum developer Martin Holst Svende proposed a fix for a vulnerability in EIP-1559 that could lead to network congestion. EIP-1559 will be rolled out on the July London hard fork. Ethereum developers fixed a flaw in EIP-1559 that left the network vulnerable to large fake transactions that could overload the blockchain. Scheduled to roll out in mid-July as part of the London EIP-1559 hard fork, it will dramatically change Ethereum’s fee structure – it will…

SEC of Thailand will oblige the issuers of DeFi tokens to obtain a license from the regulator

The Thai government will make another attempt to regulate the cryptocurrency industry. This time, Thailand’s SEC turned its attention to Decentralized Finance (DeFi) projects. The Thai Securities and Exchange Commission (SEC) said any DeFi-related activity may require a license from the financial regulator in the near future. The SEC noted that the new rules will primarily target the DeFi protocols that issue tokens. Another regulatory initiative, apparently, is related to the release by the DeFi…