Vitalik discusses a new node model to drive individual users to run local nodes

BlockBeats News: On May 19th, according to Blue Dot Network, Procolored, a printer company in Shenzhen, China, was found to have provided official drivers with backdoor programs to steal cryptocurrency. The data shows that the number of bitcoins stolen by hackers reached 9.3. The cause of infection is the innate use of USB drives to transfer these drivers, and after being infected with backdoor programs, they were naturally uploaded to a cloud drive for global users to download.

Foresight News reported that according to Bitcoin For Companies, London listed company Vinanz has completed its first Bitcoin balance sheet allocation, purchasing 16.9 bitcoins at an average price of $103341, with a total value of approximately $1.75 million. Vinanz Chairman David Leningas stated that increasing Bitcoin holdings is the foundation of the company's core business value, and the company plans to continue adding Bitcoin to its balance sheet.

On May 19th, according to Cointelegraph, Dubai's cryptocurrency regulatory agency has required licensed digital asset companies to comply with its latest version of activity based rulebook by June 19th to enhance market integrity and risk regulation. On May 19th, the Dubai Virtual Asset Regulatory Authority (VARA) announced the release of version 2.0 of its rulebook. Dubai regulatory authorities have stated that they have strengthened supervision over margin trading and token distribution services, enhanced consistency in compliance requirements for all licensed businesses, and provided clearer definitions for collateralized wallet arrangements.

According to Cointelegraph, Bitcoin developer John Carvalho proposed Bitcoin Improvement Proposal 177 on April 23, aiming to eliminate satoshis as the base unit of Bitcoin and split 21 million Bitcoin into 210 trillion units. Previously, in 2017, developer Jimmy Song proposed creating "bits" to represent one millionth of Bitcoin, but Carvalho believed that this solution did not eliminate complexity. Jack Dorsey, CEO of Block Corporation, and others support the change, stating in his X post on May 18th that satoshis or sats are too confusing for beginners. However, Swan Bitcoin CEO Cory Klippsten and others oppose it, stating that people can understand the Satoshi in Bitcoin as they understand the cent in the US dollar. In addition, Bitcoin founder Satoshi Nakamoto has stated that the display of units can be changed. Since the Taproot upgrade in November 2021, no new improvement proposals have been implemented on the Bitcoin network.

According to CoinDesk, the Dubai Virtual Asset Regulatory Authority (VARA) has updated its manual of rules for digital asset trading. The new regulations have strengthened the leverage control and collateral requirements for margin trading, with the main revisions reflected in the "Broker Dealer and Exchange Rules Manual". This update aims to align the regulatory framework with international risk standards and fill previous regulatory gaps in areas such as brokers and wallet service providers. VARA stated that revisions based on actual license issuance experience and international best practices will help build a more mature regulatory system. VARA General Counsel Ruben Bombardi stated that these updates strengthen the foundation of a responsible and scalable ecosystem. The institution's previously relatively clear regulatory requirements have helped Dubai develop into a cryptocurrency hub.