Critics warn the US Treasury’s push to embed ID checks into DeFi smart contracts could erode privacy and hollow out permissionless finance. The US Treasury is exploring whether identity checks should be built directly into decentralized finance (DeFi) smart contracts, a move critics warn could rewrite the very foundations of permissionless finance. Last week, the agency opened a consultation under the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), which was signed into law in July. The Act directs the Treasury to evaluate new compliance tools to fight illicit finance in crypto markets. One idea was embedding identity credentials directly into smart contracts. In practice, this would mean a DeFi protocol could automatically verify a user’s government ID, biometric credential, or digital wallet certificate before allowing a transaction to proceed. Read more
В Кривом Роге пластуны устроили велопробег по улицам города в День независимости.Как передают журналисты «Первого Криворожского», колонну из двух десятков Подробнее
People in an Indonesian village watched as a tower of loudspeakers mounted on a truck rumbled through their usually serene home, blasting a thumping bass loud enough to crack windows. Loudspeaker towers are commonplace on Indonesia’s main island of Java, blaring a repetitive mix of electronic tunes and traditional folk music at street parties, but they have drawn the ire of local authorities and calm-seeking neighbours. The loudspeaker stacks have proven so disruptive that officials this month have restricted their use while religious bodies have declared excessive and damaging sound from them to be “haram”, or forbidden under Islamic law. “The sound is booming from 1pm to 3am. They play loud music and drink alcohol,” Ahmad Suliyat, a resident of Ngantru village in East Java province, told AFP. “It’s really disturbing.” Indonesians in East Java have shared videos on social media of cracked walls, falling roof tiles and damaged stores caused by the noise impact known as “sound horeg”, which loosely means to mo...