According to Bitcoin Laws, New York State Congressman Clyde Vanel has submitted Assembly Bill 7788 to allow the state government to accept encrypted payments. Previously, Clyde Vanel had promoted the establishment of a research task force on encryption and blockchain to support technological innovation.
Foresight News reported that Chaofan Shou, co-founder of Fuzzland, a Web3 security analysis company, tweeted that there is a vulnerability in the front-end of the loan agreement Morpho (Bundler3), please be aware of the risks.
According to Lookonchain, the Ethereum Foundation has once again transferred 1000 ETH (approximately $1.53 million) to fund ecological funding projects.
According to official news from Towns Protocol, decentralized communication protocol Towns announced the completion of a $10 million Series B funding round, led by a16z crypto, with new investment from Coinbase Ventures and continued participation from Benchmark. Towns is committed to building on chain communication infrastructure and promoting the development of Web3 social and collaboration tools. The project team stated that "the future of communication will move towards on chain".
Related reading: Understanding social communication protocols in one article Towns: Why is it worth a16z betting $22.5 million against Farcaster?
