SEC Staff Confirms State Trust Companies Qualified Digital Asset Custodians
The SEC's no-action relief operationalizes institutional digital asset custody by clarifying the "qualified custodian" status for state-chartered trust companies.
China Merchants Bank Tokenizes $3.8 Billion Money Market Fund on BNB Chain
Tokenizing the $3.8B fund on a public DLT establishes a systemic bridge for capital efficiency and instant liquidity between traditional finance and DeFi ecosystems.
Differential Privacy Guarantees Fair Transaction Ordering in Blockchains
Foundational research proves Differential Privacy mechanisms eliminate algorithmic bias, ensuring equal opportunity for all transactions in State Machine Replication.
Formal MEV Theory Enables Provable Security against Transaction Reordering Attacks
A formal, abstract MEV theory rigorously defines adversarial gain via knowledge axiomatization, enabling proofs of smart contract security.
Decentralized Finance Total Value Locked Hits Record $237 Billion Amidst User Contraction
The record $237B TVL signals successful institutional capital integration, yet the 22.4% user drop reveals a critical product-market fit failure at the retail layer.
Compositional Formal Verification Secures Complex DAG Consensus Protocols
This framework modularizes DAG consensus proofs into reusable components, dramatically reducing verification effort and ensuring robust protocol safety.
Adaptive Byzantine Agreement Reduces Communication Complexity Based on Actual Faults
A new synchronous protocol achieves adaptive word complexity in Byzantine Agreement, scaling communication with actual faults to unlock efficient, fault-tolerant consensus.
SEC, CFTC Announce Joint Regulatory Harmonization Initiative
US regulators SEC and CFTC initiate a comprehensive harmonization effort, clarifying spot commodity trading and reaffirming foreign exchange registration, signaling a strategic shift towards integrated digital asset oversight.
Uncertified DAGs Achieve Optimal Latency in Byzantine Consensus
A novel commit rule for uncertified Directed Acyclic Graphs revolutionizes consensus, ensuring immediate transaction finality and optimal latency in distributed systems.
