Ethereum upgrades introduce a hybrid proof verification system that combines optimistic proofs, zero-knowledge proofs, and Trusted Execution Environment (TEE) hardware to ensure immediate finalization. The proposal outlines a ZK proof aggregation layer to lower gas fees and computational costs across L2 networks. Ethereum co-founder Vitalik Buterin has put forward an exhaustive plan that aims to […]

The European Insurance and Occupational Pensions Authority (EIOPA), which oversees the insurance and occupational pensions sectors in the EU, recommends imposing stricter capital requirements for insurers with crypto holdings.  In a statement, the regulator says it advised the European Commission to introduce a 100% capital requirement for digital assets held by insurance companies. The proposed […]

Tracy Jin, the chief operating officer at the MEXC crypto exchange, warns that tokenizing real-world assets (RWAs) carries a substantial amount of centralized risks that can lead to censorship, liquidity issues, legal uncertainty, cybersecurity problems, and asset confiscation through state or third-party intermediaries.In an interview with Cointelegraph, the executive said that as long as tokenized […]