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Keyrock, a market maker based in Belgium, announced that it received approval from the Swiss Financial Services Standards Association (VQF). VQF is the organization responsible for enforcing anti-money laundering laws in Switzerland. Keyrock has met Switzerland’s local laws’ minimum compliance requirements. Keyrock expands its OTC services with more fiat on/off-ramp solutions. Through our Swiss VQF membership, we're now offering GBP, AUD, and 10+ other currencies alongside the standard USD and EURO. Read more about these significant milestones https://t.co/4v5SRzpftY — Keyrock 🪨 (@KeyrockTrading) September 26, 2023 Keyrock has received approval to function as a financial intermediary in Switzerland and provide its services to crypto businesses and investors based in Switzerland.  You might also like: Switzerland’s Banque SYZ unveils crypto fund with CMCC Global  This approval is similar to other crypto companies, including Bitcoin Suisse ...

The latest proof system promises to better throughput than the current 100 TPS rate and reduce costs in the long term. Ethereum (ETH) layer-2 scaling solution zkSync Era has  launch ed a new STARK- based proof system called Boojum that promises to run on consumer-grade GPU system s. zkSync Era is one of a handful of Ethereum scaling protocols that makes use of zero-knowledge rollups (ZK-rollup) to increase capacity and speed while reducing fees. ZK-rollups mostly use two prominent proof systems, namely zk-STARK and zk-SNARK. zk-SNARK stands for a zero-knowledge succinct non-interactive argument of knowledge, while zk-STARK stands for zero-knowledge scalable transparent argument of knowledge. The new Boojum proof system is based on a Rust- based cryptographic library from zkSync that implements an upgraded version of arithmetic circuits for zkSync Era and its ZK developer stack. Most importantly, it allows Boojum provers to be run on everyday personal computers, as opposed to po...