Byzantium fork on ETH mainnet date unveiled

The developers have settled on a block number and a release date for the Byzantium fork on the Ethereum mainnet
26 September 2017   2601

A tentative date for the Metropolis update Byzantium has been revealed by the developers team.

As reported by ethnews.com, on September 22nd, during an Ethereum Core Developers Meeting, Ethereum core developers Hudson Jameson, Péter Szilágyi, Ethereum founder Vitalik Buterin, and others revealed that Byzantium upgrades will be implemented around October 17th. The hard fork for Byzantium is scheduled to launch on block 4,370,000.

Thus, the initial stages of the Byzantium hard fork were tested on the Ethereum Ropsten test network as of block number 1,700,000 on September 17th. Then, the developers doubled the rewards for certain bug bounties related to the release. 

Ethereum charts on coinmarketcap.comEthereum charts on coinmarketcap.com

Meanwhile, at the time of writing, Ethereum price is about $291.83, its market capitalization is $27,673,210,117, which allows the cryptocurrency to hold the second place in the list.

Binance to Join Forces With IdentityMind

IdentityMind provides exchanges with ability to comply with KYC\AML worldwide
26 March 2019   79

Binance announced an agreement with IdentityMind, which will help it ensure compliance with regulatory requirements and improve data security.

IdentityMind provides cryptocurrency exchanges with access to the platform, thanks to which they can monitor compliance with customer identification and anti-money laundering requirements in real time. This includes connecting new customers, managing their profiles and monitoring transactions.

The partnership between Binance and IdentityMind further strengthens our compliance capabilities and our commitment to re-invest in the blockchain ecosystem and grow it. We continue to evolve and enhance security systems while adhering to regulatory mandates in the countries we operate in. The goal is to foster greater trust among financial institutions worldwide.
 

Samuel Lim

Chief Compliance Officer, Binance

Last year, Bloomberg wrote about the Binance user identification system as the least strict in the entire industry, and linked the “level of anonymity” provided by the exchange with the risks of money laundering and market manipulation.

In October, Binance entered into an agreement with a supplier of transaction analysis software on the blockchains Chainalysis, and in November with Refinitiv, which developed an automated solution for client verification.

Whether the ordinary users of the platform will feel the impact of the integration of IdentityMind tools on themselves, the exchange does not specify.