TL;DR
- Ethereum Penalties post-merge
- zkEVM scalability in the future
- Polygon's zkEVM is rolling out in 4 days
- Nitro Görli testnet for Arbitrum Rollup is now live
- DiversiFi's upgrade & rebrand to Rhino_fi
- Circle's $USDC transparency report
- U.S. Treasury invites public to provide input on President Biden's crypto order
Ethereum Penalties post-merge
Ethereum pools have shared a thread including all the penalties that can be imposed on the nodes after Eth2.0 goes live. The thread includes explanations about-
-What are the penalties?
-Why penalties?
-What are the different types of penalties?
-How to avoid them?
Last week we explained #Ethereum REWARDS post-Merge 🐼. As we promised, here you have the PENALTIES. Let's go 👇🧵: pic.twitter.com/jpJbohB9Vn
— ethereumpools.info (@EthereumPools) July 14, 2022
zkEVM scalability in the future
It's clear now that zero-knowledge technology is the endgame for many things- Pseudotheos has shared a short thread explaining the scalability of the zkEVM below.
The zkEVM is the next scalability step required to unlock worldwide adoption.
— pseudotheos (@pseudotheos) July 14, 2022
Here's why:
Polygon's zkEVM is rolling out in 4 days
The new upgrade will be packed with these features
- EVM-equivalent solution for frictionless experience for Devs and Users.
- Highly Performant zk-proofs.
- Ethereum security.
The team is off to Paris to unveil in 4 days the most significant technological breakthrough for @0xPolygon.
— Ryan Wyatt (@Fwiz) July 16, 2022
The work the Zk team has been doing is nothing short of incredible!
We will look back one day at this point as a defining moment in the company's history. $MATIC pic.twitter.com/UjIx6VgpjK
Nitro Görli testnet for Arbitrum Rollup is now live
Arbitrum's new Görli testnet for Arbitrum Rollup is now live, and they'll be migrating their Rinkeby testnet to Nitro this month. Take time to make preparations, and get ready for Nitro! View the Nitro Migration notes here. See the new testnet info in these docs!
DiversiFi's upgrade & rebrand to Rhino\_fi
DiversiFi has recently rebranded itself as RhinoFi and aims at bringing you all the best DeFi opportunities on a single multi-chain platform.
"We're no longer just a #DEX. We're a frictionless #Layer2 gateway to multi-chain DeFi."- RhinoFi
DeversiFi is no more. Now, we’re https://t.co/2DkuiMYxqj 🦏
— rhino.fi (previously DeversiFi) (@rhinofi) July 14, 2022
We’re no longer just a #DEX. We’re a frictionless #Layer2 gateway to multi-chain DeFi.
This is the future of DeFi - let's grab it by the horns.https://t.co/RrTKklcnZEhttps://t.co/2ao0jYv7SC pic.twitter.com/7fdfJy83k2
Circle's $USDC transparency report
In an effort to increase transparency and disclosure surrounding USDC, Circlepay's co-founder and CEO, Jeremy Allaire, has published the first monthly breakdown of the USDC reserve assets by each and every Treasury Bond as well as a list of cash reserve custodians. You can read the issuancehere.
U.S. Treasury invites public to provide input on President Biden's crypto order
Federal Register :: Ensuring Responsible Development of Digital Assets; Request for Comment
In accordance with Executive Order 14067, "Ensuring Responsible Development of Digital Assets," dated March 9, 2022, the aforementioned notification requests comments from interested members of the public. The Department specifically seeks feedback, information, and suggestions regarding the effects of the creation and use of digital assets, as well as modifications to the payment and financial market infrastructures, on American consumers, investors, businesses, and equitable economic growth.
You can submit your input here.
Read more
Read more about Ethereum in previous Bulletins -Ethereum Bulletin
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