By Christian Encila Nexo, a crypto lending platform, agreed to pay a $500,000 penalty after California regulators said it made thousands of loans without the proper state license. According to the California Department of Financial Protection and Innovation, the actions involved loans backed by crypto assets and raised concerns about how the company evaluated borrowers. […]
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By Jake Simmons The Ethereum Foundation has published a step-by-step plan to let Ethereum’s main chain validate blocks using zkEVM proofs, reducing the need for validators to re-run every computation themselves. The proposal, shared via X on Jan. 15 by Tomasz K. Stańczak, Co-Executive Director at the Ethereum Foundation, lays out the engineering work needed […]