The developers of the Bitcoin Development Kit (BDK) open library have introduced the BDK 0.2.0 update, which allows you to reduce the amount of data about transactions in the Bitcoin blockchain. The Magical Bitcoin project, launched this year by Alekos Filini, has since been renamed BDK. BDK is a set of tools for developing Bitcoin wallets that can interact with different platforms. BDK developer Steve Myers announced that the update contains several new features, fixes

Israel-based Tezos Development Center will release a device to secure staked assets of validators. Tezos Israel said in a press release that hardware security modules, developed in partnership with Hub Security, will allow network validators (bakers) to store private keys in a secure cloud or on a separate physical device. This will help protect assets from theft or network outages. Network validators must block cryptoassets for staking for a certain period of time in order

Cryptocurrency exchange Coinbase has asked the US Treasury Department to extend the discussion period for the proposed regulation of non-custodial wallets from 15 to the standard 60 days. According to a Coinbase blog post addressed to Kenneth Blanco, Director of the Financial Crimes Enforcement Network (FinCEN), the discussion period on the newly proposed rules to regulate non-custodial cryptocurrency wallets should be extended. Earlier, community members have already expressed dissatisfaction with the relatively short time frame

Developer Eric Conner announced the upcoming implementation of the EIP-1559 Ethereum enhancement. It provides for the burning of ETH when paying commissions. EIP-1559 will improve user experience, enhance network security, and increase block size as needed. After its implementation, new ETH coins will no longer be issued. In addition, EIP-1559 will lead to the destruction of a large number of ethers. They will be burned after every transaction processed on the Ethereum blockchain, which is

Mill Hill Books has released Kicking the Hornet’s Nest, which contains all of Satoshi Nakamoto’s emails, forum posts, and other entries in chronological order. The 340-page book, according to the publisher, includes all the records of Satoshi Nakamoto, the anonymous creator of Bitcoin, ever published on the Internet. The title of the book, “Kicking the Hornet’s Nest: The Complete Writings, Emails, and Forum Posts of Satoshi Nakamoto, the Founder of Bitcoin and Cryptocurrency,” can literally

The University of Glasgow’s University of Glasgow Environmental Research Center (SUERC) uses the Everledger blockchain to prevent Scotch whiskey counterfeiting. SUERC researchers said the Everledger platform will be available to premium whiskey producers, retailers, auction houses and collectors. They will be able to track the supply chain of rare whiskeys, as well as check the quality of products and their compliance with established standards. According to the center’s researchers, in 2018 the market for “vintage”

Visa has released a research paper that outlines how government cryptocurrencies can be used to conduct offline transactions. Visa has offered an offline payment system for government cryptocurrencies. The paper, titled Towards a Two-Tier Hierarchical Infrastructure: An Autonomous Payment System for Central Banks Digital Currencies, highlights the benefits of government-owned cryptocurrencies. At the same time, the researchers said that when such currencies become available, they can be used without an Internet connection. The payment giant

The United States Financial Crimes Enforcement Network (FinCEN) is looking for digital asset experts to address legal issues related to the cryptocurrency industry. FinCEN has posted an advertisement for recruiting employees to investigate crimes related to digital assets. According to the requirements of the department, specialists will have to deal with the identification of risks to financial stability and the development of regulations that can prevent the identified problems. In addition, their range of tasks

Cryptocurrency exchange Coinbase is preparing for a public offering. The company has filed preliminary documents with the US Securities and Exchange Commission (SEC). According to a Coinbase blog post, the company is preparing to enter the stock market and has filed preliminary documents with the SEC. According to the statement: “Form S-1 will become legal after the SEC completes the review process, subject to market and other conditions.” Coinbase said the documents filed with the

The existing financial system has a lot to offer, but not everyone has access to it and sometimes its effectiveness leaves much to be desired. The DeFi industry is gaining more and more popularity. Decentralized finance (DeFi) opens up access to financial services for people around the world. DeFi mitigates the risks of losing hard-earned money due to financial institutions’ risk-taking, error, and fraud. In addition, people can avoid the problems that come with the