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DXdao Announces “Rails” a Layer 2 Solution For Ethereum

DXdao and Loopring collaboration Layer 2 solution "Rails" claims to be Ethereum's upcoming gasless infrastructure. Rails is a payment solution that enables the effortless transfer of ETH and ERC20 tokens between users on the protocol. It leverages Loopring's zkRollup and Relayer API to facilitate non-custodial transfers via MetaMask. DXdao is responsible for ensuring the efficient operations…

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What the Travel Rule Means for Crypto Users and Investors 

In June 2019, the Financial Action Task Force (FATF) amended the anti-money laundering (AML) and counter-terrorist financing (CTF) recommendation to include virtual assets. Recommendation 16, widely known as the Travel Rule was established to provide guidelines for combating financial crime. Initially, the Travel Rule only applied to banks. However, the recent amendment has widened its…

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