Thursday, November 21, 2024
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US strips Ethereum dev Virgil Griffith of export privileges for 10 years

The United States Department of Commerce has imposed a 10-year export privilege ban on Virgil Griffith, an Ethereum developer serving a five-year prison sentence. The ban restricts him from enjoying export privileges until April 12, 2032.The export privilege ban affects his ability to participate in international trade and business. On April 12,

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With $8.5M in Funding, Can Strips Finance Make DeFi Derivatives Click? — CoinDesk

The product will be launching natively on Arbitrum, per a press release provided to CoinDesk. Wu said that an Arbitrum-native release made more sense than the Ethereum base layer after the team studied various scaling solutions, coming to the conclusion that optimistic rollups would be the long-term solution to scalability. Original

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